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Watsa’s Fairfax keen to hold on to stake in CSBPromoters of CSB Bank, the Fairfax Group owned by Canadian billionaire Prem Watsa, would like to hold onto their 51% stake in the bank for ...
CSB Bank charts branch expansion fuelled by gold loansThe bank will continue to add more branches as it changes character to pan Indian franchise from a Kerala based lender, CEO CVR Rajendran s...
Adani Ports and SEZ completes acquisition of Krishnapatnam Port Co for Rs 12,000 croreThe company acquired controlling stake of 75 per cent in India's second largest private sector port and said the acquisition will accelerat...
Stocks in the news: DMart, HDFC, Dish TV, JSPL, Tata Consumer and GAILJSPL has bagged an order of 2,308 tonne head hardened rails from Kolkata Metro Rail Corporation.
Bulk Deals: Club Millionaire PMS sells MCX sharesDuring the holiday-shortened week, Sensex and Nifty rallied 10.24% and 10.28%, respectively.
Adani Ports to acquire 75% stake in Krishnapatnam Port CompanyThe Gautam Adani-led company will buy a 75% stake in KPCL at an enterprise value of Rs 13,572 crore after prolonged talks to obtain the all...
Stocks in the news: NIIT Tech, Wockhardt, Lakshmi Vilas Bank, GVK Infra, Vodafone IdeaMacquarie has initiated coverage on Jyothy Laboratories with Outperform rating.
Clix Capital in talks to invest up to Rs 800 crore in Catholic Syrian BankThis comes after negotiations between the unlisted private sector bank and Canadian billionaire Prem Watsa-controlled Fairfax fell through ...
Why Donald Trump has become stock markets' most interesting personA Twitter post from the President-elect signaling support for beefing up America’s nuclear arsenal sent shares in uranium miners surging.
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.
Why it may be time for Indian banks to take a hair cut to shelve bad loansBankers are not accustomed to the way banking in the West is done where they are willing to take a hair-cut to the value of their asset and...
Public sector banks toughen stand on defaultersWith Raghuram Rajan backing them with changes to rules, banks believe that it could well be a springboard to remain relevant when the econo...