India Digest: PE funds vie for Shriram stake; SingTel eyes majority in Bharti

India Digest: PE funds vie for Shriram stake; SingTel eyes majority in Bharti

A Singtel executive passes a Singtel logo at their head office in Singapore April 8, 2015. REUTERS/Edgar Su/files

A couple of private equity funds have placed initial bids to acquire a 30 per cent stake in Shriram Capital. In another development, SingTel is looking to increase its stake in Bharti Telecom to over 50 per cent.

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