Fairfax sells 9.72% in CSB Bank for Rs 595 crorePrem Watsa's Fairfax Group divests 9.72% stake in CSB Bank, raising Rs 595 crore through block deals. Key buyers include Amansa Holding and...
28 Jun, 2024, 07.18 AM IST
Fairfax Group likely to sell 9.72% in CSB BankAccording to the term sheet issued by the banker IIFL, FIH Mauritius Investments, an entity belonging to Fairfax Group is expected to sell ...
27 Jun, 2024, 05.34 AM IST
IIFL Finance to get $200 million from Watsa's Fairfax post RBI curbsOn Monday, the Reserve Bank of India placed restrictions on the company, claiming deviations in lending processes. Since the ban, shares of...
07 Mar, 2024, 06.25 AM IST
Muddy Waters shorts Canada's Fairfax Financial, alleges asset value manipulationFairfax currently has a short interest of 0.65% of free float worth C$203.81 million ($151.36 million), with short sellers having made over...
09 Feb, 2024, 04.54 PM IST
Muddy Waters shorts Canada's Fairfax Financial, alleges asset value manipulationFairfax currently has a short interest of 0.65% of free float worth C$203.81 million ($151.36 million), with short sellers having made over...
09 Feb, 2024, 03.43 PM IST
Fairfax weighing Bangalore Airport IPO at $3.7 billion: ReportThe Mumbai offering may raise between Rs 30 billion and Rs 40 billion, they said, asking not to be identified as the information is private...
17 Nov, 2022, 12.36 PM IST
Fairfax looks to settle mutual fund cross-holding norms case with SebiFairfax has more than 10 per cent shareholding in two mutual fund houses - Quantum Mutual Fund and IIFL Mutual Fund.HWIC Asia, an affiliate...
30 Aug, 2022, 06.42 PM IST
Sebi lens on Fairfax for alleged breach of crossholding normsFairfax has more than 10% shareholding and voting rights indirectly in two MFs - IIFL and Quantum. Fairfax said it's in the process of pari...
30 Aug, 2022, 08.04 AM IST
The puzzle in Quess case: Tax breaks for new job or new employee?Quess, a listed company controlled by the Canadian Fairfax Group, is the largest manpower outsourcing firm in India, with about 363,000 peo...
16 Jul, 2021, 02.19 PM IST
Fairfax India to raise stake in Sanmar GroupThe transaction is expected to be completed in the first half of 2019.
18 Sep, 2018, 04.39 PM IST
Karnataka Minister seeks to block GVK Group's stake sale in Bengaluru airport to FairfaxWhile 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...
17 Jun, 2017, 05.47 PM IST
Prem Watsa, Deepak Parekh and 2 others join BIAL boardInduction of additional directors signals formal transfer of control from Hyderabad-based GVK Reddy Group to Toronto-based Fairfax Group.
31 Mar, 2017, 01.42 AM IST
Second runway & more; that's what Watsa funds can do to BIALFairfax's entry does not mean infusion of any fresh funds as equity into airport development, officials clarified.
18 Jan, 2017, 11.37 AM IST
RBI lets Watsa's Fairfax to buy 51 per cent in Catholic Syrian BankThe exception has been made considering the need to ensure adequate capital availability for turning around the struggling bank.
30 Dec, 2016, 09.58 PM IST
Fairfax Financial Holdings seeks RBI approval for 10% stake in Kerala’s Catholic Syrian Bank“The bank needs constant capital …we are talking to many investors including Fairfax,” said S Santhanakrishnan chairman, Catholic Syrian Ba...
27 Jun, 2016, 05.06 AM IST
Prem Watsa’s Fairfax Financial to buy large stake in Chennai-based SanmarFounded by one of Tamil Nadu’s older business families in the 1970s, Sanmar has interests in chemicals, valves, engineering and foundries.
11 Feb, 2016, 01.30 PM IST
Prem Watsa likely to fork out Rs 950 crore for 26% stake in India InfolineProbity Research, founded in 1995 by professionals including Nirmal Jain to carry out research on Indian biz, was transformed into India In...
06 Dec, 2014, 08.30 AM IST