The investment comes amid expectations India's logistics sector is set to expand strongly as the country unveils a new unified national sales tax and through growing online retail sales.
Shares of ICICI Bank gained 2 percent intraday Thursday after a media report suggested that global private equity firms are looking to acquire Fairfax's shareholding in general insurance company ICICI Lombard.
InterGlobe Aviation shares gained nearly 2 percent intraday Monday after a media report indicated that overseas investment firms are looking for controlling stake in parent company's travel reservation subsidiary.
Indian investment banks Kotak and JM Financial will also advise PNB Housing in the planned IPO, slated for the first half of 2016, IFR, a Thomson Reuters publication, said.
An affiliate of Carlyle Asia Partners IV has bought a stake in Metropolis Healthcare Ltd, a multinational chain of pathology laboratories, Carlyle Group said in a statement.
Shares of Max India climbed 3 percent intraday Wednesday on a media report that the company may sell its some stake in Max Life Insurance.
The target company is engaged in design, detailed engineering and fabrication of high-quality pressure piping systems to clients across diversified industries such as power, process and oil and gas, a statement from the private equity fund said.
The sector is in the throes of an 'annus horribilis', having gotten wrecked over the past few years despite massive liquidity that should have boosted their value.
US-based private equity firm Carlyle Group on Monday said it will invest USD 500 million in Magna Energy Ltd, an India-focused oil firm founded by Mike Watts, the man who saw oil in Rajasthan's Thar desert where global giant Royal Dutch Shell saw none.
The buyout shop is making the investment through its unit Carlyle International Energy Partners, a fund that focuses on oil and gas exploration and production.
The talks are also being held with Malaysia's IHH Healthcare Bhd , India's Manipal Hospitals and Fortis Healthcare , the sources added, declining to be identified because the information has not been made public.
Japan's Mitsui & Co and US private equity firm Carlyle Group have submitted preliminary bids for Quality Healthcare Medical Services, which is being sold by India's Fortis Healthcare.
Hospitals chain Fortis Healthcare India Ltd is in talks with private equity firms Carlyle Group and TPG Capital India to sell a 15-20% holding, the Mint reported on Thursday, citing sources close to the development.
Tour operator Thomas Cook has received at least eight bids, including from private equity firms Kohlberg Kravis Roberts and Carlyle Group, for buying the company's stake in its Indian unit, the Business Standard reported on Thursday.
Foreign private equity funds are likely to exit completely or partially the financial services space in the near-term as part of profit-booking, but will stay invested to cash in from the long-term growth story.
Vice chairman and chief executive of HDFC, Keki Mistry tells CNBC-TV18 that PE firm Carlyle Group's stake in the bank has been pared down to over 3% after the sale of 2 crore shares.
Reliance Communications , which has a USD 925 million convertible bond maturing in March and has failed so far in efforts to sell its tower unit, is in talks with China Development Bank for a loan to redeem the bond.
Private equity firms including KKR and TPG Capital are looking to potentially buy minority stakes of up to 20% in Yahoo Inc with an eye to eventually taking over the whole company, people with knowledge of the situation said.
Reliance Communications is in exclusive talks with private equity firms Blackstone Group LP and Carlyle Group to sell its telecoms tower unit, the Times of India reported on Friday, citing an unnamed source.
India Infoline touched an intraday high of Rs 74.50 and an intraday low of Rs 72.50. At 09:30 hrs the share was quoting at Rs 72.70, up Rs 1.50, or 2.11%. Carlyle Group has increased its stake in India Infoline to 9%, reports CNBC-TV18.
IIFL Chairman Nirmal Jain says that Carlyle will be invited onto the Board, subject to necessary approvals.
Private equity company Carlyle Group filed for an IPO on Tuesday, a long-awaited move to catch up with rivals Blackstone, KKR and Apollo, but the volatility of global markets means an offering is unlikely until the first half of 2012.
Private equity firm Carlyle Group is expected to pick JPMorgan Chase & Co, Citigroup Inc and Credit Suisse Group Ltd to lead its initial public offering, two sources familiar with the process said on Friday.
US private equity firms TPG Capital and Carlyle Group are in talks to buy a stake in the tower unit of Reliance Communications, Bloomberg reported, citing people with knowledge of the matter.
Freescale Semiconductor Holdings aims to raise about USD 1 billion in an IPO, returning to the market after a record-breaking 2006 private equity buyout as investor interest in the semiconductor industry grows.