L&T Infotech IPO postponed indefinitely

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L&T Infotech IPO postponed indefinitely


Larsen and Toubro's IT subsidiary L&T Infotech has indefinitely postponed listing this financial year due to volatility in the markets and lower valuations of Indian IT companies, reports CNBC-TV18.



L&T had earlier said that the Infotech arm would list, when it crossed the figure of USD 500 million in revenues. L&T
 
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