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
Centre unlikely to dilute strategic sale list despite ministries’ push for reviewThe government plans to proceed with its strategic sale of public sector enterprises. Ministries have requested reconsiderations, but few c...
10 Aug, 2026, 01.36 PM IST
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...
28 Jul, 2026, 09.12 PM IST
Fairfax picks up half of 3-year government bonds at auctionFairfax Financial Holdings likely purchased government bonds as a prelude to acquiring IDBI Bank. This marks the company's second significa...
18 Jul, 2026, 09.59 AM IST
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...
15 Jul, 2026, 10.20 AM IST
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...
14 Jul, 2026, 11.33 AM IST
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...
01 Jul, 2026, 02.50 PM IST
Prem Watsa: How an Indian became Canada's Warren BuffettIndian-Canadian billionaire Prem Watsa, hailed as the "Warren Buffett of Canada," has announced his succession plan for Fairfax Financial H...
13 Nov, 2025, 03.12 PM IST
Who is Ben Watsa, the future chairman of Fairfax financial and heir to Prem Watsa’s $100-billion empire?Billionaire Prem Watsa has revealed his son, Ben Watsa, will succeed him as chairman of Fairfax Financial Holdings. The news comes from Dav...
13 Nov, 2025, 11.53 AM IST
Watsa plans to invest $7 billion more"We are just thinking how we can mobilise support for India in terms of investing a lot more by raising a lot more money. Not through Fairf...
06 Jun, 2022, 07.36 AM IST
ET Awards: Fairfax's Prem Watsa wins Global Indian award for corporate excellencePrem Watsa has come a long way since he landed in Canada as a young immigrant in the early 1970s with just $8 in his pocket.
06 Sep, 2017, 02.01 PM IST
Prem Watsa's BIAL investment on PM Narendra Modi's tableIndian-origin Prem Watsa's investment is stuck with the Ministry of Civil Aviation awaiting security clearance, and the delay is holding up...
05 Jan, 2017, 01.32 PM IST
FIPB nod for Prem Watsa's IIFL investment, no change in managementJain said Watsa already owns 14 per cent in the group and he is seeking to increase it by up to 26 per cent through the open offer, worth a...
18 Nov, 2015, 10.34 PM IST
Why Fairfax Financial Holding's founder Prem Watsa wants more equity in IIFLIf Watsa’s open offer succeeds, he will hold more equity in IIFL than mercurial founder and chairman Nirmal Jain and long-time partner R Ve...
09 Sep, 2015, 03.24 PM IST
IIFL Holdings surges on open offer, hits 52-week highThe offer price for the open offer has been set at Rs 195 per share, which is at a 3.72% premium to Monday's closing of Rs 188 on the BSE.
14 Jul, 2015, 04.04 PM 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
- Prem Watsa: The Indian who bailed out Bank of Ireland
When Bank of Ireland faced nationalization, a group of North American investors pumped in $1.6 bn to keep it out of the hands of the Irish ...
07 Sep, 2011, 06.57 AM IST