L&T to transfer data-centre and cloud business to ***** for ₹1,400 crore.

$LT :- Relevant as the parent company transferring the business. L&T will transfer the business to ***** through a slump sale, with consideration in equity shares. Investors can assess business restructuring through strategic focus, revenue visibility, capital allocation and execution. Transaction value: ₹1,400 crore. Corporate restructuring can change segment focus and ownership structure.