Warburg books early returns from partial stake sale in Airtel DTH arm

Private equity firm Warburg Pincus has booked a quick partial exit from Bharti Airtel's DTH arm around three years after the initial investment. The PE firm earned a 14.3-15.8% internal rate of return (IRR) from the sale of its stake. Private equity firm typically chase 20-30% IRRs in rupee terms over ......