The Telangana government has proposed to inaugurate the first phase of Hyderabad metro rail project on November 28 by Prime Minister Narendra Modi, state Municipal Administration Minister K T Rama Rao told the Legislative Assembly today. The Government was in receipt of communication from L&T over cost overruns because of various reasons, but no decision had been taken to concede requests of the executing agency.
He, however, said the government had not yet confirmed cost escalation or committed to bear the additional expenditure. The HMR project, being developed across three corridors in the city, is the world's largest public-private partnership project (PPP) in the sector.
The minister did not give any figure but the revised project cost is estimated to be almost Rs 19,000 crore.
"Readying for Hyderabad Metro.Launch end of this month".
Stock Intraday Alert: Delta Air Lines, Inc. (DAL)
Delta Air Lines presently has a consensus rating of "Buy" and an average target price of $63.39. (NYSE:DAL) for 85,550 shares. Short traders are feeling a little more bullish on Delta Air Lines Inc lately as inferred by the fall in short interest.
The entire project, barring 5 km stretch in the Old City and about 1 km stretch between Hitec city and Raidurg, is now likely to completed by the end of 2018.
The state government has sanctioned Rs 3,000 crore to the Hyderabad Metro rail project of which Rs 2,240 crore has been spent so far.
"We are yet to receive confirmation from the Prime Minister's Office but it is expected any moment", said the minister. He refuted the claim of the Opposition that there was delay in the execution of the project.
KTR said Hyderabad Metro Rail would be creating a record because all the other metros in other parts country have begun operating only 11-km route whereas it would be a 30-km route in the capital city. On the MMTS phase-II, Mr. Rama Rao said the Centre had asked the State to explore prospects of making the project externally aided so that 60 per cent of funds could be mobilised through global agencies while the State and the Centre would contribute 20 per cent each to the remaining cost.
Moreover, Guyasuta Invest Advisors has 0.66% invested in General Electric Company (NYSE:GE). (NYSE:MRK) for 1.14M shares. Bloom Tree Partners Llc bought 33,771 shares as the company's stock declined 18.44% while stock markets rallied.
The Annapurna Studio staff has tried to extinguish but there could not extinguish the fire and save the assets. Before the fire extinguishers came to the incident the movie set was completely burnt into ashes.
M&R Capital Management Inc decreased Stryker Corp Com (NYSE:SYK) stake by 12,283 shares to 7,550 valued at $1.09M in 2017Q2. Waldron LP acquired a new position in Lowe's Companies during the 1st quarter valued at approximately $364,000. (NYSE:LOW).
Ashfield Cap Partners Ltd Llc reported 103,590 shares or 0.93% of all its holdings. 39,858 are owned by Barton Investment Mgmt. Finally, Marshall Wace North America L.P. raised its position in Southwestern Energy by 398.8% during the 2nd quarter.
The media conglomerate reported $1.82 earnings per share for the quarter, topping analysts' consensus estimates of $1.59 by $0.23. Bernstein restated a "market perform" rating on shares of Time Warner in a research report on Tuesday, September 12th.
Netflix Inc (NASDAQ:NFLX) was reduced too. 5,884 shares were sold by Emerson Daniel P , worth $451,185 on Friday, May 26. The stock has a market capitalization of $13,193.66, a PE ratio of 45.19, a PEG ratio of 3.35 and a beta of 0.82.
The shares were purchased at an average cost of GBX 236 ($2.93) per share, with a total value of £15,000.16 ($18,608.31). Finally, Investec restated a buy rating on shares of Shawbrook Group PLC in a research report on Monday, September 12th.
The brokerage now has GBX 4,400 ($57.87) target price on the stock, up from their prior target price of GBX 3,600 ($47.35). DekaBank Deutsche Girozentrale bought a new position in Rio Tinto PLC during the third quarter worth about $4,321,000.
He also called for a sharpening of strategies for addressing the challenges of basic and secondary education. Many have commended the move adding that the education sector needs such aggressive moves to sanitise it.
It improved, as 85 investors sold WFC shares while 685 reduced holdings. 110 funds opened positions while 566 raised stakes. Barclays Capital has "Overweight" rating and $67.0 target. (NYSE:DSW) on Wednesday, March 15 with "Market Perform" rating.
United Kingdom-based Barclays Public Ltd Limited Liability Company has invested 0% in OM Asset Management PLC (NYSE:OMAM). RBC Capital Markets initiated OM Asset Management PLC (NYSE:OMAM) on Friday, June 30 with "Outperform" rating.
The caller described smoke coming from a green hatchback vehicle and said they heard "two loud bangs sounded like gunshots". Southcoast Health security assisted police during the incident to ensure that it remained isolated to that area.
Manana handed R100,000 fine
His sentencing was handed down in courtroom one at the Randburg Magistrates' Court this afternoon by Judge Ramsamy Reddy. He was replaced as deputy higher education and training minister by Buti Manamela.
Lamborghini Urus SUV Teased Ahead Of Reveal
Considering, how proactive Lamborghini has been in bringing cars to India, the launch in 2018 doesn't really come as a surprise. Lamborghini is also working on a hybrid variant of the SUV, but it will not make it to production before 2020.
Earnings Analysis Of Spirit Realty Capital, Inc. (SRC)
BidaskClub upgraded Spirit Realty Capital from a "sell" rating to a "hold" rating in a research report on Friday, July 14th. Schwab Charles Investment Management Inc. increased its position in Spirit Realty Capital by 8.8% during the first quarter.
The New Colossus trio of DLCs get release dates, details
Like most brand new titles of this caliber, " Wolfenstein 2: The New Colossus " is not without flaws right after its release. This is a single mission that first introduces Joseph Stallion, Jessica Valiant, and Gerald Wilkins.