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Carlyle arm to offload 5.1% stake in SBI Cards for $675 mn

Finance

Carlyle arm to offload 5.1% stake in SBI Cards for $675 mn

US private equity (PE) major Carlyle’s arm has decided to offload 5.1% stake in government-backed ...

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Markets

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Indian stocks saw broad-based gains on Friday amid rising expectations about an economic stimulus to...

Premium
Carlyle to make best-ever India returns as SBI Cards eyes $10-bn valuation in IPO

Finance

Carlyle to make best-ever India returns as SBI Cards eyes $10-bn valuation in IPO

Private equity firm Carlyle Group will likely record its best-ever performance from its India ...

Carlyle-backed SBI Cards, fabric processor get SEBI nod for IPO

Finance

Carlyle-backed SBI Cards, fabric processor get SEBI nod for IPO

SBI Cards and Payment Services Ltd, the credit-card issuing arm of the country’s top lender SBI, ...

Premium
Carlyle set to make best-ever India returns from partial exit in SBI Cards

Finance

Carlyle set to make best-ever India returns from partial exit in SBI Cards

Private equity firm Carlyle Group is all set to record its best-ever performance from its India ...

Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake

General

Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake

Sunil Kant Munjal’s Hero Corp is looking to buy a significant minority stake from Analjit Singh in...

SBI's credit card business aims to raise $1.1 bn via IPO

Finance

SBI's credit card business aims to raise $1.1 bn via IPO

SBI Card & Payments Services Ltd, the credit card subsidiary of State Bank of India, plans to raise ...

State Bank of India gears up for IPO of PE-backed credit cards unit

Finance

State Bank of India gears up for IPO of PE-backed credit cards unit

State Bank of India is considering a plan to dilute its stake in its credit card subsidiary via an ...

Carlyle to buy 26% in State Bank of India's credit card ventures

Finance

Carlyle to buy 26% in State Bank of India's credit card ventures

Global private equity firm Carlyle Group will acquire a 26% stake in State Bank of India’s two ...

Carlyle front-runner to pick GE Capital's stake in SBI Cards

Finance

Carlyle front-runner to pick GE Capital's stake in SBI Cards

Global private equity firm Carlyle Group is set to acquire GE Capital’s stake in SBI Cards & ...