Q:Engineering major Larsen & Toubro has agreed to sell a minority stake in infrastructure development unit IDPL to an arm the Canada Pension Plan Investment Board (CPPIB) for Rs 1,000 crore.
Latest Answer: But at the same time they should keep in mind that investors are being too selective. They had to make a lot of effort to convince them about India's long-term growth. They did not have a problem investing in L&T but they had concerns about government's policies and support towards infrastructure.
