Three attractive holding companies to consider

Ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube

The season of business restructuring, whether through mergers, spin-offs or initial public offering (IPO), is tightening its grip on corporate India. One of the focus areas this time are companies exploring business restructuring to unlock value, particularly for its banking and financial services (BFSI) vertical. Of late, Grasim, Reliance Capital and Tube Investments are three names grabbing a lot of headlines for this reason. Not surprisingly, they have also been clear outperformers in 2017. The listing of Aditya Birla Capital in the case of Grasim, the asset management, general insurance and home finance businesses for Reliance Capital and spinning off