Grapevine: Edelweiss raises second infra fund; Jindal Power drops M&A plan

Edelweiss Alternatives has raised over Rs 8,000 crore (almost $1 billion) for its second infrastructure fund, Edelweiss Alternatives Infrastructure Yield Plus II, a media report said. The firm raised over 70% capital for the new fund from domestic investors while European institutions contributed the rest, The Economic Times reported, citing Subahoo Chordia, ......