L&T Infotech Plans IPO By 2008

L&T Infotech, the software solutions and services arm of construction major Larsen & Toubro, plans to go public by 2008. L&T Infotech has revenues of $182 million for the fiscal 2005-06. "Our aim is to raise the topline to go past $250 million in the current fiscal and with this rate we are planning to touch $1 billion by 2010," said A M Naik, Chairman, L&T.

Go to article in Business Standard.

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