Baring, L&T said to be lead bidders for stake in India's Mindtree

Baring, L&T said to be lead bidders for stake in India's Mindtree

The logo of Larsen & Toubro Ltd. is displayed outside the company's headquarters in Mumbai, India. Photographer: Kuni Takahashi/Bloomberg

Larsen & Toubro Infotech Ltd. and Baring Private Equity Asia are the leading bidders for a major stake in Mindtree Ltd., as the Indian tech services and consulting firm’s largest shareholder seeks to sell his holding, according to people familiar with the matter.

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