L&T Seeks Sovereign Funds
  • Prabha Hedge
  • Dec 11 2013

December 11: L&T is in talks with sovereign wealth funds and infrastructure funds to raise capital for its subsidiary - L&T Infrastructure Development Projects. Additional sources for funding will reduce L&T's own financial burden and raise its profile overseas, ahead of the proposed IDPL IPO. Bloomberg's Bhuma Shrivastava shares more excusive details on the same.