Edelweiss Mutual Fund introduces Altiva Hybrid Long-Short Fund. The NFO opens on October 1 and closes on October 15. This fund aims for consistent returns via equity arbitrage and fixed income. It also explores special situations like IPOs and buybacks. Radhika Gupta highlights its innovative approach. The fund offers daily subscriptions and redemptions twice a week.
Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out
Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The