The VHP kendriya margdarshak mandal leader and two-time BJP Lok Sabha member issued the ‘fatwa’ in Ayodhya in which he said whosoever chopped off the head and tongue of the DMK president would be gifted with gold by the saints of Ayodhya.
1) I do not know the legality of fatwa, but doesn’t this constitute as a threat, attempt of murder, and hiring assasins for a cold blooded murder? If so why is not this BJP MP not arrested for death threat?
2) By issuing fatwa, doesn’t VHP becomes exactly the organization that they truly hate?
There is an arbitrage opportunity for the long term investors in ICICI Bank with which they can make a cool profit of 50/- per share and also get an extra cash flow of 427/- per share.
18th June FPO of ICICI bank gave an option for the retail investors to pay a part payment of 250/- per share (they collected another 250/- from them soon afterwards) These options are to be converted within the next 6 months into a full share (after a payment of the balance amount of 390/- per share)
Also the investors have an option to sell these partially paid shares in BSE as ICIPPS. (ICICI bank partially paid shares)
In a perfect market these should trade at a discount of 390/- from the ICICI bank shares. But yesterday, the closing price of ICICI was 970 while that of ICIPPS 543/- (a discount of 427/-)
427 – 390 = 37/-
adding to it 12.81/- (3 months interest on 427/-)
an intelligent investor can pocket a cool 50/- and also free up some funds for investing.