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.
IDBI Bank Q2 results: Net profit tanks 39% YoY to Rs 2,205 crore; NII dips 49% YoY
IDBI Bank reported a 39% year-on-year profit decline to Rs 2,205 crore in Q2 FY27, impacted by a one-off gain in the previous year. Excluding