Sep 19, 2017 03:19 PM IST | Source: CNBC-TV18
Restructuring of non-core businesses will be done in next 30 months. 9 or 10 businesses will either be sold or closed, said AM Naik, Group Executive Chairman, Larsen and Toubro.
AM Naik, Group Executive Chairman, Larsen and Toubro in an exclusive interview to CNBC-TV18’s Shereen Bhan spoke about various aspects of the business planned divestment of non-core business, finance business, restructuring, buying stakes, transition of succession. AM Naik will enter into the non-executive role from October 1.
He said restructuring of non-core businesses will be done in next 30 months. 9 or 10 businesses will either be sold or close…
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