India's L&T to sell assets, dilute stake in non-core businesses

India's L&T to sell assets, dilute stake in non-core businesses

A.M. Naik, Executive Chairman, L&T Group

Indian industrial group Larsen & Toubro (L&T) is looking to sell some assets including roads and infrastructure projects and dilute its stake in non-core subsidiaries to revive performance, the group’s executive chairman said on Wednesday.

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