<div>Larsen & Toubro, India's biggest engineering conglomerate, plans to sell a stake in its wholly-owned infrastructure unit within the next two months, chairman A.M. Naik said at the company's annual shareholder's meeting on 24 August.<br /><br />L&T Infrastructure Development Projects Ltd (L&T IDPL) was in talks with private-equity investors including Temasek Holdings to raise $250 million to $300 million, three sources told Reuters in May.<br /><br />(Reuters)</div>
