Indian-Canadian billionaire Prem Watsa, hailed as the "Warren Buffett of Canada," has announced his succession plan for Fairfax Financial H...

Billionaire Prem Watsa has revealed his son, Ben Watsa, will succeed him as chairman of Fairfax Financial Holdings. The news comes from Dav...

Fairfax Financial Holdings chairman Prem Watsa has revealed his succession plan, with son Ben Watsa slated to take over the $100 billion co...

Fairfax's Odyssey Reinsurance offers Rs 500 crore debt to IIFL Finance for gold loans. Prem Watsa's subsidiary provides secured, rated bond...

Fairfax has invested $7 billion in India, he said. "In next five years, we are looking at doubling that. We got a few projects already that...

"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...

The nod paves the way for listing of three entities — IIFL Finance, IIFL Wealth and IIFL Securities -- within 60 days.

Shares of IIFL have gained 10 per cent in the past month.

Fairfax reduced its stake in ICICI Lombard in May this year. A month later, it backed Digit, a business that is being built by Allianz Insu...

Prem 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.

Now Watsa owns 48 per cent in the third busiest airport in the country and GVK, which built the greenfield project, exits the airport.

While seeking the CM's intervention to "put on hold" the GVK Group's proposal to sell its balance equity, Shivakumar urged govt to get cont...

A GVK spokesman confirmed the development and said this will pave the way for the deal “to be concluded very soon”.

Watsa’s mantra of risk-averseness has stood him well over the years, but it’s his eye for the big picture that enables him to see investmen...

Investors of Thomas Cook should hold onto their investments in Thomas Cook India in the wake of the open offer presented by Fairbridge Capi...

UK-based Thomas Cook Group will sell its entire 77.1% stake in its Indian arm, Thomas Cook India, to Toronto-based Fairbridge Capital.

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 ...