Govt may seek bids for $7 billion IDBI Bank stake this monthIndia is preparing to invite bids for its 60.72% stake in IDBI Bank Ltd., valued at approximately $7.1 billion. This move is a significant ...
05 Dec, 2025, 07.15 AM IST
Foreign firms being allowed to acquire Indian banks imprudent, poses substantial risks: CongressAs foreign investment in India's banking sector grows, recent acquisitions have caught the attention of many. The Congress party expresses ...
19 Oct, 2025, 01.48 PM IST
Prem Watsa donates $5 million to IIT-M’s brain research centreSudha Gopalakrishnan Brain Centre at IIT-M has developed a high-throughput histology pipeline that processes whole human brains into high-r...
18 Jun, 2024, 02.57 PM 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
Muddy Waters shorts Canada's Fairfax Financial, alleges asset value manipulationFairfax currently has a short interest of 0.65% of free float worth C$203.81 million ($151.36 million), with short sellers having made over...
09 Feb, 2024, 04.54 PM IST
Fairfax stake in Bengaluru Airport not for sale: Prem Watsa"Fairfax's stake in Bangalore airport is not for sale," said Watsa, chairman of the $90-bn Toronto-headquartered Fairfax Financial Holdings...
21 Nov, 2022, 12.38 PM IST
Stocks in the news: Hero Moto, Coal India, M&M, Raymond and Tata PowerHero Motocorp, country's largest two-wheeler maker Hero MotoCorp reported a 41 per cent drop in wholesales at 3,49,393 units in November.
02 Dec, 2021, 07.50 AM IST
Thomas Cook India paid Rs 14 cr for branding rights for India, Sri Lanka, Mauritius: Madhavan MenonIf we did not acquire the brand liquidators of Thomas Cook UK, somebody could try to enter this market post 2024 using that brand
03 Dec, 2019, 04.29 PM IST
Thomas Cook collapse hits shares of Indian company it once ownedThomas Cook India resorted to a communication blitz to clarify that the U.K. firm exited it 7 yrs ago.
23 Sep, 2019, 04.58 PM IST
India will be the No. 1 place in the world for FDI: Prem WatsaWatsa says Fairfax Financial would double its investments in the country in the next five years.
27 May, 2019, 07.58 AM IST
Businesses we have invested in are growing by leaps and bounds: Prem WatsaIn India, the problem has been with execution, as we are seeing with the GST which has affected small businessmen, Prem Watsa said.
20 Nov, 2017, 07.29 AM IST
How Prem Watsa's deal to buy stake in CSB offers ray of hope for ailing banksWatsa agreeing to buy 51% in the cash-starved Kerala-based lender for only 15% voting rights opens up a host of opportunities for other ins...
07 Dec, 2016, 12.29 AM IST
Promoters not tendering shares in Prem Watsa-led Fairfax India's offer to buy 26 per cent in IIFL Holdings: Nirmal Jain, chairman"Prem Watsa has been very bullish on India, and he has been one of the most vocal admirers and supporters of the present government. "
14 Jul, 2015, 11.49 AM IST
Lenovo eyes Barack Obama's favourite BlackBerryLenovo is making a strategic move to acquire BlackBerry, which is used by US president Barack Obama and over 5,00,000 US officials.
21 Oct, 2013, 08.06 AM IST
Fairfax-led consortium offers $4.7 billion for Blackberry: Analysts' views"The benefit to this sort of takeover is the ability for BlackBerry and the consortium to reinvent the company without public scrutiny."
24 Sep, 2013, 12.07 AM IST
- GM to expand US plants, invest $257 mn
General Motors Co, hoping to capitalize on its hot-selling sedans and a growing trust in American-made cars, says it will invest $257 milli...
21 Apr, 2010, 09.53 PM IST
- News Corp sells stake in Fairfax Media for $312 m
Rupert Murdoch’s News Corp has sold its entire 7.5% stake in rival Australian company Fairfax Media for around A$380 million (US$312 millio...
08 May, 2007, 12.46 AM IST