KKR, Blackstone eye stake in Idea.

Two top private equity players - Kohlberg Kravis Roberts (KKR) and Blackstone - have put in bids for a total of eight per cent stake in Idea Cellular, India's third-largest telecom operator by users.

'The companies have put in bids at a decent premium to the prevailing stock price,' said an investment banker familiar with the developments.

BS