Carlyle is set to divest up to $308 million worth of shares in PNB Housing Finance Ltd. through a block trade. The offering involves approximately 27.1 million shares, constituting about 10.4% of the company’s outstanding equity.
Rupee flat on hopes West Asia truce will hold
The Indian rupee remained stable against the dollar as risk assets gained across Asia and Europe. Falling oil prices and expectations of a West Asian