Carlyle said to eye stake in Nido Home Finance Ltd

Carlyle Group Inc. is in talks to buy a majority stake in an Indian home mortgage firm as it seeks to step up investments in the local financial services sector, according to people familiar with the matter.Carlyle is targeting an initial funding of $300 million in Mumbai-based Nido Home Finance Ltd., owned by Edelweiss Financial Services Ltd., the people said, asking to remain anonymous as the discussions are private. Negotiations are ongoing and a deal hasn’t been finalized, the people said. If the trans ...