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IDBI Bank stake sale back on table; Centre explores revival optionsThe bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...- Piyush Goyal meets Canadian pension funds, investors in push for $50 bn tradeIndia's Commerce Minister Piyush Goyal is in Canada to forge new partnerships. He met with top Canadian pension funds and investors. Discus...
- Piyush Goyal maps out India's bilateral roadmap with Canadian corporate chiefsUnion Minister Piyush Goyal met with prominent Canadian industry leaders in Toronto to explore investment avenues and expand bilateral econ...
- Fairfax India makes open offer to buy additional 26% in IIFL Capital ServicesFairfax India Holdings Corporation has launched an open offer to acquire an additional 26% stake in IIFL Capital Services. This move follow...
- Govt weighs options to revive stalled IDBI Bank privatizationIndian authorities are exploring ways to revive the long-delayed sale of a majority stake in IDBI Bank after bids fell short of expectation...
- Fairfax India to raise stake in IIFL Capital to 51% with $211 million investmentFairfax India is set to increase its ownership in IIFL Capital to 51 percent. This move involves an investment of 20 billion rupees. The ca...
- CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank, a lender backed by Prem Watsa, is adopting a cautious stance on gold loans following global uncertainties. The bank intends to sh...
- Global uncertainties impact gold loan prices; so CSB will remain cautiousIn light of recent fluctuations in gold prices prompted by international unrest, CSB Bank is reassessing its approach to gold-backed lendin...
- CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank is turning cautious on gold loans amid price volatility linked to geopolitical tensions. The lender expects slower growth, shiftin...
- Fairfax likely to buy 10% more in IIFL Capital via preferential allotmentFairfax Financial Holdings plans to boost its stake in IIFL Capital Services. The deal is valued at approximately ₹1,000 crore. This move w...
- Irdai keeps FY27 cession rate at 4%, backs GIC Re roleIrdai has maintained the mandatory 4% cession rate for FY27, directing general insurers to place this share with GIC Re. This decision aims...
- Centre may seek revised bids from two suitors for IDBI BankGovernment may seek revised financial bids for IDBI Bank. Original offers fell below the set reserve price. This strategic sale is crucial ...
- 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...
- 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...
- At Fairfax, Ben Watsa to be Chair after fatherFairfax Financial Holdings chairman Prem Watsa has revealed his succession plan, with son Ben Watsa slated to take over the $100 billion co...
- Govt should sell all its stake in PSU banks, insurers, says Prem WatsaHyderabad-born Watsa is the founder and chairman of the $53-billion Toronto-based investment giant Fairfax Financial Holdings. He was respo...
- 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.
- 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...
- Value investor Prem Watsa bullish on India growth storyEnglish as link language, democracy, rule of law and positive demographic trends work in India’s favour, says Fairfax chief Prem Watsa.
- Meet V Prem Watsa, Blackberry’s new ownerWatsa’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...
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