Telangana looks to GIFT City to fund Hyderabad Metro buyout after IRFC setback

A Hyderabad Metro train passes over Parade Ground metro station against a twilight sky in Secunderabad. | Photo Credit: RAMAKRISHNA G. The Telangana government, which has engaged SBI Capital Markets (SBI Caps) to secure a soft loan of around ₹13,500 crore for acquiring the 69. 2-km Phase I of Hyderabad Metro Rail (HMR) from L&T, is reportedly exploring funding options through Gujarat’s GIFT City.

Summarised by Agaah from The Hindu. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.