L&T to sell minority stake in IT services arm L&T Infotech

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Diversified business conglomerate Larsen & Toubro Ltd (L&T) is looking to divest a minority stake— as much as 10 per cent—in its information technology services arm L&T Infotech, people familiar with the matter told VCCircle.Further, the company is learnt to have mandated Citibank to scout for a buyer or buyers ......