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
The equity value of the total institutional funds in India was ₹172 lakh crore, accounting for nearly 45% of the total market capitalisation of the country. Synopsis In the last five years, the share of local funds rose by more than 500 basis points, aided by an investment of ₹5.3 lakh crore compared with ₹3.1 … Read more
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
NEW YORK: A New York appeals court on Monday agreed to hold off collection of former President Donald Trump’s $454 million civil fraud judgment – if he puts up $175 million within 10 days. If he does, it will stop the clock on collection and prevent the state from seizing the presumptive Republican presidential nominee’s … Read more
Mumbai: With the broad indices trading at new lifetime highs, wealth managers are seeing enquiries from investors on how they should approach the markets. And most out there give the same advice: stick to long-term goals and maintain asset allocation – which means diversifying portfolios across different assets such as equity, fixed income, and gold. … Read more
