Edelweiss Alternatives’ Fund: Edelweiss Alternatives’ Fund acquires L&T IDPL

Mumbai: Edelweiss Alternatives’ Infrastructure Yield Plus acquired L&T Infrastructure Development Projects (L&TIDPL), which includes seven operational roads and one power transmission asset in India. Larsen & Toubro held a 51% stake in L&TIDPL, while the Canada Pension Plan Investment Board (CPP Investments) owned the remaining 49%. With this transaction, Edelweiss will have a total of … Read more

Is Bitcoin halving period a good time to invest in the crypto asset?

Bitcoin halving events have historically provided global investors with successive bullish momentum that have often resulted in all-time high levels. As the Bitcoin halving event in 2024 approaches on April 19, questions have been raised about whether the market will repeat itself once again or not. Investors are waiting eagerly for the appropriate moment to … Read more

Care Health Insurance: Burmans ask Care Health to claw back Rs 350 crore ESOPs given to Religare’s Saluja

Mumbai: The Burmans, who own consumer-goods major Dabur and are the biggest shareholders of Religare Enterprises, have sought the cancellation of stock options worth ₹350 crore granted by Care Health Insurance to Religare chairperson Rashmi Saluja, intensifying the dispute between the management of the company and one of India’s most prominent business families. Care Health … Read more