Private Equity Firms

RCom in talks with Blackstone, Carlyle to sell tower unit

Reliance has hired UBS and sought $5 billion for the tower business, but potential bidders had expressed concern about Reliance's valuation being at least $1 billion too high.

SpiceJet rises on report TPG is in talks to buy stake

There was, however, no certainty that the negotiations would result in a transaction, a leading news daily said, citing two people familiar with the discussions.