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L&T's current order book worth Rs 90k cr

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Press Trust of India Bangalore
Last Updated : Jan 20 2013 | 12:36 AM IST

Larsen & Toubro's (L&T) current order book is worth Rs 90,000 crore, its Chairman and Managing Director A M Naik said here today.

Asked if L&T is looking at diluting stake or selling any of its business for raising funds, he told reporters, "not at this point". On the company's capital and debt-raising plans, Naik said L&T Finance is raising Rs 500 crore.

"Otherwise, we already have Rs 8000 crore to Rs 9,000 crore cash. So we have no interest in raising any equity".

He said L&T is looking at both domestic and international markets for orders.

"From time-to-time, you have seen we are getting projects in West Asia, Gulf and the Far-East", Naik added.

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First Published: Feb 24 2010 | 3:32 PM IST

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