Larsen & Toubro to list L&T Infotech by December 2015: Report

Industrial conglomerate Larsen & Toubro Ltd will list its IT services unit L&T Infotech by December this year, Chairman AM Naik told a private news channel.

Mumbai: Industrial conglomerate Larsen & Toubro Ltd will list its IT services unit L&T Infotech by December this year, Chairman AM Naik told a private news channel.

The company, which has been looking to exit non-core businesses, will sell a 10 percent stake in the unit, Naik said in an interview to the business news channel.

L&T will also look at listing other businesses, including its hydrocarbons and transmission and distribution units over the next few years, Naik told the chanel.

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