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FAIRFAX CORPORATION
CCI clears Go Digit Infoworks merger with insurer; Fairfax entity to hold 57.28% stakeThe Competition Commission of India approved Go Digit Infoworks' merger with Go Digit General Insurance. This transaction will see Go Digit...- IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 crFairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 cro...
- India nears accepting sweetened Fairfax offer for IDBI BankIndia's government is nearing acceptance of Fairfax Financial's offer for IDBI Bank. Fairfax may slightly increase its per-share bid for th...
- Sunil Bharti Mittal hopeful of India-US trade deal in coming weeksBharti Enterprises Chairman Sunil Bharti Mittal expressed strong optimism for an India-US trade agreement within weeks, highlighting its im...
- IDBI Bank stake sale back on table; Centre explores revival optionsThe bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...
- Piyush Goyal maps out India's bilateral roadmap with Canadian corporate chiefsUnion Minister Piyush Goyal met with prominent Canadian industry leaders in Toronto to explore investment avenues and expand bilateral econ...
- Bengaluru airport operator BIAL hands over Rs 16 crore dividend to Karnataka govt armBengaluru International Airport Limited, or BIAL, has given a dividend of over Rs 16 crore to the Karnataka State Industrial and Infrastruc...
- Fairfax India makes open offer to buy additional 26% in IIFL Capital ServicesFairfax India Holdings Corporation has launched an open offer to acquire an additional 26% stake in IIFL Capital Services. This move follow...
- Govt weighs options to revive stalled IDBI Bank privatizationIndian authorities are exploring ways to revive the long-delayed sale of a majority stake in IDBI Bank after bids fell short of expectation...
- Fairfax India to raise stake in IIFL Capital to 51% with $211 million investmentFairfax India is set to increase its ownership in IIFL Capital to 51 percent. This move involves an investment of 20 billion rupees. The ca...
- Fairfax, OMERS to extend IPO timeline of Bangalore airport holding companyFairfax Financial and OMERS have extended by 12 months the timeline for the planned IPO of Anchorage Infrastructure, the holding company ow...
- GoDigit promoters get Irdai nod for first pvt reinsurerValueattics Reinsurance Ltd, backed by Kamesh Goyal and Fairfax, becomes the first private reinsurer to gain regulatory approval in India. ...
- Fairfax India to buy 10% more in Bangalore airportFairfax India Holdings Corporation is increasing its stake in Bangalore International Airport Ltd (BIAL) to 74% by buying an additional 10%...
- Financial turmoil at Thomas Cook PLC not to impact Thomas Cook IndiaThomas Cook UK had ceased to be the promoter of Thomas Cook (India) after it transferred its entire stake in 2012 to Fairfax, a Canada base...
- Fairfax India to raise stake in Sanmar GroupThe transaction is expected to be completed in the first half of 2019.
- GVK sells 10 per cent stake in BIAL for Rs 1,290 croreNow Watsa owns 48 per cent in the third busiest airport in the country and GVK, which built the greenfield project, exits the airport.
- CCI okays Fairfax's additional 9% stake buy in ICICI LombardFollowing the transaction, Fairfax will hold 35 per cent in ICICI Lombard, while ICICI Bank will have about 64 per cent stake.
- Fairfax India to buy 74 per cent stake in logistics firm NCMSL for $126 millionThe deal, valued at about 8 billion rupees, is expected to be completed in 2015, Fairfax said in a statement.
- IIFL Holdings shares zoom over 10% on Fairfax open offerThe stock soared 10.13 per cent to settle at Rs 207.05 on the BSE. During intra-day, it gained 20 per cent to Rs 225.60 -- its 52-week high.
- Fairfax India makes open offer to raise stake to 26% in IIFLCanadian investor Prem Watsa's Fairfax India Holdings today made an open offer to raise its stake to 26 per cent in financial firm IIFL Hol...
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