India's L&T plans infrastructure-focused private equity fund
Larsen and Toubro (L&T), an Indian engineering and construction company, is preparing to launch a private equity fund which will invest infrastructure projects, The Economic Times reported.
N. Sivaram, president and director of L&T Finance Holdings, said a fund is under consideration but it may take some time. The firm's priority remains its forthcoming IPO. It is planning to raise INR1.24...
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