Maersk CEO sees passing higher oil shock costs to customersA.P. Moller-Maersk CEO Vincent Clerc stated the Iran war is increasing costs by $500 million monthly. These expenses will be passed to cust...
08 May, 2026, 10.59 AM IST
Corp insurance premiums fall up to 80% this seasonCorporate insurance premiums are falling sharply this renewal season. Property and commercial lines are witnessing steep declines. Intense ...
01 Apr, 2026, 12.38 AM IST
Fairfax emerges as frontrunner to acquire government-LIC stake in IDBI BankFairfax Financial seems poised to take the lead in acquiring a significant stake in IDBI Bank, with Kotak Mahindra Bank hot on its heels. A...
12 Dec, 2025, 11.00 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
Fairfax refutes charges that Digit was falsely shown to be profitable in 2021Toronto-listed Fairfax’s shares have recouped all losses after a short seller report on 8 February alleged asset value manipulation by the ...
16 Feb, 2024, 09.47 PM IST
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
US Short-seller alleges accounting fraud by FairfaxFairfax Financial Holdings, led by Indian-Canadian entrepreneur Prem Watsa, came under attack by US hedge fund Muddy Waters, triggering a s...
11 Feb, 2024, 01.13 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, 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
NCLT approves demerger of IIFL Group into 3 entitiesShares of IIFL have gained 10 per cent in the past month.
15 Mar, 2019, 08.43 AM IST
Prem Watsa on PM Modi, elections and Fairfax’s India investmentsWatsa believes the IPO of NSE has been delayed and is now expected sometime in 2020 or 2021.
11 Mar, 2019, 07.53 PM IST
Fairfax agrees to buy Allied World for $4.9 billionSmaller carriers have sought merger partners in recent years as commercial insurance buyers and their brokers prefer companies with scale.
20 Dec, 2016, 01.23 AM IST
Fairfax proposal to buy 26% in IIFL Holdings gets CCI nodFair trade regulator CCI has cleared Canadian investment holding company Fairfax's proposed acquisition of 26 per cent stake in IIFL Holdin...
31 Aug, 2015, 08.24 PM IST
Prem Watsa's Fairfax India looks to increase 26% more stake in IIFL for Rs 1,600 croreWatsa holds 9 per cent in the firm through HWIC Asia Fund Class A Shares and has 5.24 per cent stake through offshore derivatives instrumen...
15 Jul, 2015, 12.04 PM IST
IIFL Holdings shares zoom over 10% on Fairfax open offerThe stock soared 10.13 per cent to settle at Rs 207.05 on the BSE. During intra-day, it gained 20 per cent to Rs 225.60 -- its 52-week high.
14 Jul, 2015, 06.15 PM IST
Fairfax India makes open offer to raise stake to 26% in IIFLCanadian investor Prem Watsa's Fairfax India Holdings today made an open offer to raise its stake to 26 per cent in financial firm IIFL Hol...
14 Jul, 2015, 03.07 PM IST