Larsen & Toubro plans to sell stake in some of its port, road, power and metro rail projects to unlock shareholder value, Chairman and Managing Director AM Naik said in a letter to shareholders. The company would be seeking to unlock value through churning of mature assets within the portfolio and through equity partnership, the letter said without giving details.
FlashNews:
Global Trust as Essential as Scale in Green Hydrogen: Pralhad Joshi
Evolving Customer Needs Reshape Indiaâs Aluminium Market, Says RUSAL
Delhi Airport Strengthens Global Hub Position with 160 Destinations
SDHI Doubles Workforce, Targets 550 More Hires by FY2027
RITES, NHIDCL Partner to Boost Highway Development in Strategic Regions
SDLG India Commits âđ15 Billion to Expand Manufacturing and Localisation
Airtel Cloud Signs 40 Clients as Manufacturing Fuels India Growth
NTPC Cancels Mouda BESS Contract, Moves to Retender After GRIL Default
Cummins India Launches NextâGen Power and Lifecycle Solutions for Emerging Infrastructure Demand
Ascenso Invests $100 Million to Build Giant Radial Mining Tyres in India
JCB India Launches 10 New Machines at Bauma Conexpo 2026
Eastman Launches VEKTOR Brand, Targets Monolithic Construction Growth
TORSA Machines Targets âđ5 Billion Revenue with FiveâArea, FiveâYear Strategy
SDLG India Unveils New Diesel and Electric Range for Infrastructure and Mining
CJI Surya Kant Calls for Preventive Justice to Avoid Infrastructure Disputes
SolarâPlusâStorage: Reliability for Indiaâs C&I Sector
Suzlon Secures Maiden 200 MW Wind Order from Ayana Renewable Power
Tata Power Solaroof Crosses HalfâMillion Rooftop Milestone, Targets 3 Million by 2029
REC Issues Indiaâs First Tokenised Corporate Bonds Under SEBI Sandbox
Home » L&T plans stake sale
L&T plans stake sale
Railways & Metro Rail
September 1, 2012September 1, 2012


Leave a Reply
You must be logged in to post a comment.