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L&T to sell 15% stake in IT unit IPO; may raise Rs 2,500 crore

Last Updated: Friday, July 31, 2015, 19:05

Joining the IPO rush, business conglomerate Larsen & Toubro (L&T) will sell up to 15 per cent stake in its IT services unit L&T Infotech through a public issue estimated at about Rs 2,500 crore.