Larsen & Toubro divests infrastructure engineering arm to STUP Consultants
In a significant realignment of its business strategy, Larsen & Toubro (L&T) has announced the divestment of its 100% stake in its infrastructure engineering subsidiary. L&T Infrastructure Engineering Limited (LTIEL), known for providing standalone engineering consultancy services in India’s infrastructure sector, has been acquired by STUP Consultants Private Limited, part of the French conglomerate Assystem […]