IDBI, poster boy for more privatisationIDBI Bank has been sold to Fairfax, resulting in a significant shift from government control to private ownership. This sale follows a long...
15 Oct, 2026, 12.07 AM IST
'INDI alliance parties ruined PSBs': Sitharaman responds to Akhilesh's 'Season End Sale' remarks on IDBI-Fairfax dealFinance Minister Sitharaman criticized Akhilesh Yadav's remarks about the IDBI Bank's sale to Fairfax Financial Holdings. She accused Yadav...
14 Oct, 2026, 10.31 PM IST
Canada sees scope for more investments in India after Fairfax-IDBI bank deal, says Minister SidhuCanada's Minister of International Trade has noted the investment potential between Canada and India in infrastructure development. Followi...
14 Oct, 2026, 09.34 PM IST
Cabinet approves Rs 52,878 crore IDBI Bank sale to Fairfax arm in India’s largest financial-sector FDIThe Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to a Fairfax Group arm, Union Minister Ashwini Vaish...
14 Oct, 2026, 08.56 PM IST
Canada aims to seal India trade pact by year-end amid push to diversify tiesCanada aims to finalize a Comprehensive Economic Partnership Agreement with India by the end of this year. Foreign Minister Anita Anand emp...
14 Oct, 2026, 08.35 PM IST
IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM SitharamanThe Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...
14 Oct, 2026, 06.24 PM IST
IDBI Bank shares rally 13%, market value swells by Rs 11,460 crore amid muted market. What lies ahead?IDBI Bank shares surged nearly 13%, adding over Rs 11,460 crore to its market capitalisation amid progress in the privatisation process. Th...
14 Oct, 2026, 11.51 AM IST
Canada's Weston family company agrees to buy UK's BootsWittington Investments, Limited will acquire Boots' retail operations in the UK and Ireland, Boots Opticians, No7 Beauty Company and its Th...
08 Oct, 2026, 12.13 AM IST
Govt evaluating financial bids for IDBI Bank strategic sale: SourcesThe government is evaluating revised financial bids from Fairfax Financial Holdings and Emirates NBD for the proposed sale of a 60.72% stak...
25 Sep, 2026, 12.20 PM IST
Advent, Temasek in talks for Fairfax stake in IIFL FinAdvent International and Temasek Holdings are reportedly in talks to acquire Fairfax Financial's stake. Fairfax is looking to exit IIFL Fin...
11 Sep, 2026, 12.43 AM IST
IIFL Finance dismisses reports on Fairfax planning company exit to fund IDBI Bank dealIIFL Finance denied reports of Fairfax exiting the company. These reports suggested a stake sale to fund an IDBI Bank acquisition. Blacksto...
09 Sep, 2026, 11.16 AM IST
IDBI Bank shares crash 11% amid price concerns as Fairfax deal moves closerIDBI Bank shares fell sharply as investors focused on Fairfax Financial Holdings’ reported Rs 81-per-share offer for a 60.72% controlling s...
08 Sep, 2026, 03.19 PM IST
Fairfax plans IIFL Finance exit to fund IDBI Bank bidFairfax Financial Holdings plans to exit IIFL Finance to fund its IDBI Bank acquisition. The investor will use proceeds to part-fund the pr...
08 Sep, 2026, 12.35 AM IST
Fairfax to exit IIFL Finance before likely IDBI Bank deal; Blackstone emerges as suitorFairfax Financial Holdings is considering selling its IIFL Finance stake. This move supports its planned acquisition of IDBI Bank Ltd. The ...
07 Sep, 2026, 11.17 PM IST
Govt achieves 78 pc of FY27 divestment, asset monetisation Budget target in Apr-AugThe government has achieved about 78% of its ₹80,000-crore FY27 disinvestment and asset monetisation target within five months. It has rais...
28 Aug, 2026, 01.11 PM IST
India to give Canada's Fairfax two years to consolidate holdings for IDBI Bank deal: SourcesFairfax Financial may receive two years to consolidate its Indian bank holdings. This consolidation is necessary for its acquisition of a m...
21 Aug, 2026, 11.40 AM IST
Less than 20 companies in US have our kind of track record, says Prem Watsa of Fairfax FinancialMuddy Waters has alleged that Fairfax was “The GE of Canada” and not the Berkshire Hathaway that it was touted to be in a report on 8 febru...
12 Feb, 2024, 11.33 PM IST