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

Motorists warned of snow and ice on the 5 Freeway near the Grapevine – Daily News

LOS ANGELES — Dangerous winds were expected in parts of Los Angeles County on Saturday and Sunday, with forecasters warning drivers that the Grapevine might be shut down due to snow and ice and the strong gusts. A wind advisory will be in effect from 7 p.m. Saturday to 7 p.m. Sunday in Los Angeles … Read more