Vedanta’s five companies unlocked approximately 20% value following a major corporate restructuring. While four newly demerged businesses experienced early gains that turned into losses on their stock exchange debut, their combined value, along with the residual entity, saw a significant increase. This demerger aimed to simplify the group’s structure and unlock value for each pure-play business.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest