{"id":614908,"date":"2023-11-04T10:11:21","date_gmt":"2023-11-04T04:41:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=614908"},"modified":"2023-11-04T10:44:06","modified_gmt":"2023-11-04T05:14:06","slug":"lt-to-divest-100-stake-in-subsidiary-ltiel-to-focus-on-core-businesses","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lt-to-divest-100-stake-in-subsidiary-ltiel-to-focus-on-core-businesses\/","title":{"rendered":"L&amp;T to divest 100% stake in subsidiary LTIEL to focus on core businesses"},"content":{"rendered":"<p>L&amp;T on Friday said it will sell its 100 per cent stake in subsidiary L&amp;T Infrastructure Engineering Ltd (LTIEL) to a French entity. <\/p>\n<p>This transaction aligns with the company&#8217;s commitment to focus on its core businesses and assets. <\/p>\n<p>&#8220;L&amp;T&#8230;has announced the divestment of its 100 per cent stake in L&amp;T Infrastructure Engineering Ltd ,&#8221; the company said in a statement. <\/p>\n<p>LTIEL is a provider of standalone engineering consultancy services for the infrastructure sector. <\/p>\n<p>The stake will be acquired by STUP Consultants Pvt Ltd, a subsidiary of Assystem SA of France.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>L&amp;T on Friday said it will sell its 100 per cent stake in subsidiary L&amp;T Infrastructure Engineering Ltd (LTIEL) to a French entity. This transaction aligns with the company&#8217;s commitment to focus on its core businesses and assets. &#8220;L&amp;T&#8230;has announced the divestment of its 100 per cent stake in L&amp;T Infrastructure Engineering Ltd ,&#8221; the company said in a statement. LTIEL is a provider of standalone engineering consultancy services for the infrastructure sector. The stake will be acquired by STUP Consultants Pvt Ltd, a subsidiary of Assystem SA of France.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-614908","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=614908"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614908\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=614908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=614908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=614908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}