Larsen And Toubro Planning Rs.2,000-Crore PE Fund

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 9, 2010 -- Engineering and construction group Larsen and Toubro (L & T) plans to launch Rs. 500 to 2.000 – crore private equity fund as part of a strategy to become a financial supermarket.
“We are in the process of cutting, and we have to join in on the skills that currently has. We will start with the size of the fund, ranging between Rs 500 crores and. 2000 rupees, and will be habeas corpus, which was raised at the local level,” Vice President (Financial Services), “N. . Sivaraman News Service in an interview.

The Group can provide expertise in evaluating opportunities in major business and the organization. “It will be the financial assessment by an independent professional team.”
Sivaraman said the team is going at a steady pace for her hand in every area of business financial services.

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Larsen And Toubro