L&T may again take fresh talks to sell its IT business

L&T may again take fresh talks to sell its IT business L&T Infotech and Fujitsu may be the frontrunner to bag the stake,Fujitsu is likely to be front runner while Capgemini too has shown interest in L&T Infotech. Both the players are believed to have entered due diligence stageHowever, both the companies have declined to comment calling it a mere market speculation. As per the deal, the buyer will get an eight-year IT outsourcing contract from L&T