Larsen & Toubro Exits from Coimbatore-Based Salzer

Coimbatore: Larsen and Toubro (L&T) has exited from its investment in the city-based Salzer Electronics Ltd and the divestment was concluded last week. "Our exit from Salzer is a part of regular treasury transaction. We shall continue with our business relationship as usual," senior vice president & the head of L&T Electrical & Automation, S C Bhargava said in a release here on Thursday. L&T's business relationship with Salzer star...