Carlyle, India's Premji Invest eye stake in auto loan firm TVS Credit

Carlyle, India's Premji Invest eye stake in auto loan firm TVS Credit

A general view of the lobby outside of the Carlyle Group offices in Washington, May 3, 2012. REUTERS/Jonathan Ernst

Private equity firm Carlyle and Indian billionaire Azim Premji’s investment unit are in separate talks to invest about $150 million in TVS Credit Services, an arm of scooter and motorcycle maker TVS Motors, two sources told Reuters.