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The Carlyle Group, among the worlds largest investment firms, is looking to sell the stake for Rs 7,000-7,500 crore, valuing Airtels data centre unit at Rs 24,000-29,000 crore ($3-3.5 billion, inclusive of debt), the people cited said. Bharti Airtel owns 75.96% of Nxtra Data, a leading player in Indias data centre industry. Airtel has first right of refusal on the stake but is reckoned to have waived it, said the people cited.

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