Prem Watsa clears air over charges by Muddy Waters, flaunts good showPrem Watsa, the Indian-Canadian billionaire, staunchly defends Fairfax Financial Holdings against accusations from Muddy Waters, asserting ...
13 Feb, 2024, 06.29 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
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
Omers Infrastructure Management in talks to invest up to $700 million in Greenko EnergyNegotiations have gathered momentum months after the Hyderabad-based clean energy company raised $980 million from Japan’s Orix Corp. for a...
11 Dec, 2020, 08.26 AM IST
IRDAI clears different licences to new playersIrdai in its board meeting held on March 3 has cleared different level of regulatory clearances to the new companies intending to enter cou...
08 Mar, 2017, 09.57 PM IST
Catholic Syrian bank seeks nod for stake saleCSB which has a network of 430 branches, 240 ATMs across the country is being looked at as a vehicle to expand Watsa's presence in the Indi...
29 Nov, 2016, 11.22 PM IST
Prem Watsa-owned Fairfax Financial Holdings close to picking up controlling stake in Catholic Syrian BankIt is one of India's oldest private sector lenders. This marks the first takeover of a local private bank by a foreign investor.
28 Nov, 2016, 01.36 AM IST
ICICI Bank sells 9% in general insurance for Rs 1,550 croreThe proposed transaction values the company at Rs 17,225 crore ($ 2.6 billion). The transaction is subject to governmental and regulatory a...
31 Oct, 2015, 04.54 AM 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
Warren Buffet-owned FlightSafety International signs pact with Deccan ChartersThe training will provide a major fillip to the budding regional aviation sector and the business aircraft segment in the country.
06 Jun, 2015, 07.53 PM IST
Corruption at highest levels in India has disappeared, says Prem Watsa" This country, India, is on its way. It's a big country, and it takes time to turn it around, but we are very high on Prime Minister Modi."
04 Jun, 2015, 06.50 AM IST
'Warren Buffet of Canada' Prem Watsa to invest $1 billion in India“For the first time in 67 years, India will be run by someone who is pro-business and business ultimately creates jobs,” Watsa gushed.
24 Nov, 2014, 12.35 PM IST
Toronto-based Fairbridge Capital to buy Thomas Cook India; deal estimated at Rs 1,000 croreUK-based Thomas Cook Group will sell its entire 77.1% stake in its Indian arm, Thomas Cook India, to Toronto-based Fairbridge Capital.
22 May, 2012, 03.20 AM IST
- Huge scope for Canadian investment in India: Shashi Tharoor
India offers huge scope for Canadian firms to participate in its USD 1 trillion infrastructure development plan, Congress MP Shashi Tharoor...
08 Oct, 2011, 10.39 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
- Rajaratnam's Goldman Sachs information based on research not insider trading
Sri Lanka-born billionaire Raj Rajaratnam's defence team today told a US jury that his trading in Goldman Sachs was not based on insider in...
13 Apr, 2011, 02.12 PM IST
- Nissan to make Chrysler car
Nissan Motor Co. said it will make a new small car designed by Chrysler LLC and Chrysler will make a full-size pickup truck designed by Nis...
15 Apr, 2008, 10.17 AM IST