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L&T finds it difficult to divest stake in infra arm IDPL

It has been a year since L&T has been attempting to divest stake in its infrastructure arm IDPL. While reports suggest the company is hoping to raise over USD 500 million through a possible stake sale, the management says determining valuations of assets in this economic scenario is taking longer than expected.

first published: Sep 12, 2013 10:41 pm

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