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GODIGIT INSURANCE
Fairfax gets 15 years to reduce stake in IDBI Bank to 26%Fairfax Financial Holdings will acquire a 60.72% stake in IDBI Bank and reduce its ownership over 15 years. The Reserve Bank of India has a...- Money is going into data centres and AI in US... now India will be on everyone’s list: Prem WatsaCanadian billionaire Prem Watsa's bet on IDBI Bank is backed by faith in the Indian economy, he told Mohit Bhalla and Sruthijith KK in a ph...
- Fairfax plans to bring Digit, IIFL Capital under IDBI BankFairfax Financial Holdings plans to bring its interests in Go Digit and IIFL Capital Services under IDBI Bank, creating a financial-service...
- Fairfax plans to fold IIFL Capital, Digit into IDBI Bank after Rs 52,878 crore India dealFairfax Financial Holdings plans to bring its Indian financial investments under IDBI Bank after India's approval of a Rs 52,878 crore ($5....
- Canada's Warren Buffett bets his billions on India. What does he see?Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking d...
- Fairfax's IDBI deal premium justified by strategic fit, scale: AnalystsAnalysts believe this acquisition holds considerable potential, greatly enhancing Fairfax's branch network and deposit portfolio in India, ...
- Aegis Vopak Terminals among 3 stocks showing RSI trending upThree Nifty500 stocks gained over 3% and featured in StockEdge’s RSI trending up scan on September 28, signalling strengthening momentum as...
- Ahead of Market: 10 things that will decide stock market action on TuesdayIndian equities plunged on Monday as the Sensex fell 1,124 points and Nifty dropped over 360 points, wiping out nearly Rs 8 lakh crore in m...
- Ahead of Market: 10 things that will decide stock market action on FridayIndian equities suffered a sharp selloff, with Sensex plunging 1,248 points and Nifty falling 1.6% as US Treasury yields hit 19-year highs,...
- Ahead of Market: 10 things that will decide stock market action on TuesdayIndian equities gained on Monday as cooling oil prices and positive global cues lifted sentiment. Sensex rose 564 points to 74,859, while N...
- Ahead of Market: 10 things that will decide stock market action on MondayIndian equities extended their recovery, with Nifty gaining 0.33% as moderation in crude and global yields supported sentiment. Sensex slip...
- Stocks in news: Canara Bank, Vodafone Idea, Premier Energies and ACME SolarIndian equity markets saw a slight recovery on Thursday after recent declines. Canara Bank plans to raise substantial funds through bond is...
- Fire insurance premiums fall 28% in Q1 amid deep discountingFire insurance premiums dropped significantly in the first four months of the financial year. Aggressive discounting on large industrial ri...
- Go Digit Q4 net profit rises 28% YoY to Rs 149 croreGo Digit General Insurance reported a 6.2% increase in gross written premium to Rs 2,736 crore for the March quarter, driven by robust moto...
- Acko plans confidential IPO filing to raise $250 million; targets $2.5 billion valuationDigital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and seeking a valuation between $2-2....
- 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. ...
- Gainers & Losers: Coforge, BPCL among 7 stocks in limelight on ThursdayIndian benchmark indices rose, driven by IT stocks and pharma gains. GoDigit Insurance, Zensar, Coforge, Pidilite, and Vardhman Textiles sa...
- ETtech Deals Digest: Indian startups remain parched as funding taps stay dry in scorching summerThis week, Indian startups raised $97 million across 18 rounds.
- Axis Bank, HDFC Bank invest in IPO-bound GoDigit’s life insurance businessBoth private sector lenders are pumping in around Rs 70 crore each into the life insurance arm of GoDigit Insurance.
- Sebi keeps GoDigit IPO in abeyanceAccording to the draft documents, the company's customer base increased to 25.77 million in FY22 from 14.27 million in the year ago period....
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