Vedanta’s upcoming demerger will split its businesses into four new listed entities, with April 29 as the last likely date to buy shares for eligibility. While the move is expected to unlock long-term value, recent stock gains suggest limited short-term arbitrage opportunity ahead of the restructuring.
New fund offers: 1 mutual fund and 1 SIF to open for subscription this week. Check details
One mutual fund and one specialised investment fund (SIF) will open for subscription this week, offering investors exposure to passive and hybrid long-short strategies. HSBC