SBI Cards and Payment Services, the credit card unit of the country's largest lender State Bank of India (SBI), will hit the market with the initial public offering (IPO) on 2 March
SBI's credit card arm likely to launch IPO early next month; plans to raise Rs 9,000 cr via maiden issue
Last week, the SBI subsidiary received markets regulator the Securities and Exchange Board of India's (SEBI) approval to float an initial public offering.
SBI Life Insurance on Friday said global investment firm Carlyle Group has acquired nine percent stake in the life insurer from BNP Paribas Cardif
SoftBank Group to invest $450 million in logistics company Delhivery; Gurugram-based firm to be valued at $1 billion
SoftBank's Vision Fund will invest around $350 million in Delhivery initially
PNB and Carlyle Group via its investment vehicle Quality Investment Holdings (QIH) in July had said that they will jointly sell their stakes in PNB Housing Finance.
PNB owns 32.79 percent stake and Carlyle Group owns 32.36 percent of the paid-up equity share capital of PNB Housing Finance
PNB's stake, which is currently at 51 percent, will be reduced to 39 percent while Carlye Group's holding will come down to 37 percent from 49.6 percent
Under the terms of the deal, the buyer would also take over the cement unit's outstanding debt of Rs 2,400 crore
Carlyle group to invest through its unit Carlyle International Energy Partners
Hillary Clinton has not announced whether she's running for president in 2016. But when she and the road show that inevitably follows her arrived at the University of Miami, an official declaration seemed a mere formality.
Carlyle bought about 11.1 million shares at an average price of Rs 190 a share through its unit One Carlyle Ventures Mauritius
Private Equity major Carlyle Group acquired 1.10 crore shares of engineering services provider Infotech Enterprises pushing its stock price higher by 3 percent.
US private equity giant Carlyle Group appointed Accel Partner's India MD Neeraj Bharadwaj as the head of India investment team.
Carlyle sold about 2 crore of HDFC in blocks deals on Wednesday in a price band of Rs 676.90 to 697.85.
Markets regained some lost ground by the end of the day, led primarily by a late rally in Reliance. The Sensex closed the day at 16,232, up 440 points, while the Nifty closed 134 points higher at 4,886.
India Infoline (IIFL) said on Wednesday US private equity giant Carlyle Group has bought a 9 percent stake in the company from the secondary market for an undisclosed amount.