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Financials power Indian shares; Nifty 50 in overbought zone

Financials power Indian shares; Nifty 50 in overbought zone
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Ajay Piramal, TPG weighing exit from Shriram General

Piramal and TPG are jointly working with an adviser on divesting a combined 30% stake in the holding company of Shriram General Insurance Ltd., said the people, who asked not to be identified as the information is private. Shriram General Insurance Holdings could be valued at more than $2 billion in a transaction, the people said.

Indian Tycoon Piramal, TPG Inc Weigh Selling Stakes in Shriram General: Sources

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