SREI Group's non-bank finance companies have seen interest from at least five potential bidders, according to two people in the know. A Reserve Bank of India initiated insolvency process is currently underway for SREI Infrastructure Finance Ltd and SREI Equipment Finance Ltd.
The Singapore-traded SGX Nifty, an early indicator of India's Nifty 50 Index’s performance, rose 0.17% to 16,868 as of 6:20 a.m. Here are the stocks to watch in today's trade.