News Snapshot:
PNB Housing Finance shares were locked in the 5 percent upper circuit at Rs 524.75 on Monday after CNBC-TV18 reported that Baring Private Equity Asia has offered to buy Carlyle's stake in the company. PNB Housing Finance has been gaining for the last three days and has risen nearly 16 percent during the period. Sources with direct knowledge told CNBC-TV18 that Baring Private Equity Asia has offered to buy Carlyle's stake in PNB Housing Finance and give it an exit from the investment. and give it an exit from the investment. [Earlier, Carlyle's deal to buy the controlling stake in...
