L&T wins Mumbai's Dahisar Bhayander bridge project

L&T optimistic about Hyderabad Metro ridership post IT Sector return

Larsen & Toubro (L&T) is optimistic about an increase in ridership on the Hyderabad Metro once employees from the Information Technology (IT) sector return to their offices. The company anticipates that the resumption of regular office operations will lead to a surge in metro commuters, boosting the system's ridership and revenue.

The Hyderabad Metro, operated by L&T, has witnessed a decline in ridership during the COVID-19 pandemic, primarily due to remote work arrangements and reduced office occupancy. With many IT companies transitioning to remote work policies and implementing flexi..

India's L&T Forecasts Lower Revenue Growth

India's prominent engineering and construction conglomerate, Larsen & Toubro (L&T), has recently forecasted a tempered revenue growth trajectory and order inflow for the fiscal year 2025. This projection comes amidst a complex economic landscape both domestically and globally.

L&T, often seen as a bellwether for India's infrastructure and construction sector, anticipates challenges in sustaining its growth momentum. The company, with its diverse portfolio spanning infrastructure, power, hydrocarbon, and heavy engineering sectors, plays a significant role in the nation's development lan..

L&T Mulls Exiting Hyderabad Metro

Larsen & Toubro (L&T) is contemplating the possibility of exiting the Hyderabad Metro project as the business suffers from the adverse effects of free bus rides offered by the state government. The company is evaluating its options amid financial challenges caused by reduced metro ridership due to the availability of free bus transportation.

The decision to potentially exit the Hyderabad Metro project comes as a result of declining revenues and profitability, attributed to the state government's initiative of providing free bus rides to commuters. This move has led to a significant decr..

GIS mapping of all National Highways to be completed soon

The government announced its intention to complete GIS mapping of all National Highways with the aim of enhancing planning, execution, and monitoring processes.

It was conveyed by the Ministry of Road Transport and Highways (MORTH) that project implementing units of various agencies, including the National Highways Authority of India (NHAI), Border Roads Organisation (BRO), and National Highways and Infrastructure Development Corporation Ltd (NHIDCL), were instructed to indicate their jurisdiction on a dashboard.

The primary goal of this standard operating procedure (SOP) was t..

Highway Construction Accelerates Despite Election Season

Highway construction in India has not slowed down during the current election season, according to officials. Instead, there has been a noticeable acceleration in road infrastructure projects across the country.

Authorities highlight that the construction momentum has been maintained despite the electoral activities, underscoring the government's commitment to advancing infrastructure development. This proactive approach aims to enhance connectivity, facilitate economic growth, and improve transportation efficiency nationwide.

The surge in highway construction activity reflects s..