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Fairfax gets 15 years to reduce stake in IDBI Bank to 26%Fairfax Financial Holdings will acquire a 60.72% stake in IDBI Bank and reduce its ownership over 15 years. The Reserve Bank of India has a...- CNN signs multi-year AI partnership with GoogleThe deal marks the first partnership announced since Skydance's merger with Paramount, under CEO David Ellison, who has sought to position ...
- Myntra FY26 revenue from operations at Rs 5,242.5 cr; advertising income up 35%Myntra Designs recorded a revenue of Rs 5,242.5 crore from operations in FY26, even as logistics revenues declined. The advertising sector ...
- Flipkart Internet’s revenue falls 19% YoY to Rs 16,295 crore in FY26Meanwhile rival Amazon India’s marketplace entity Amazon Seller Services reported a 15% increase in operating revenue to Rs 34,966.8 crore ...
- Effective insurance coverage in India could double from 15% to 30% in five years: IRDAI ChairmanOnly about 15 per cent of India's population and businesses are estimated to have effective insurance coverage, a figure that could double ...
- Marine Drive was lit up for Reliance IPO: Uday Kotak recalls Dhirubhai Ambani’s market legacy amid Jio IPOJio's upcoming IPO will surpass previous records, signaling a remarkable development in Reliance Industries' history. Uday Kotak reflects o...
- Fairfax plans to bring Digit, IIFL Capital under IDBI BankFairfax Financial Holdings plans to bring its interests in Go Digit and IIFL Capital Services under IDBI Bank, creating a financial-service...
- Fairfax plans to fold IIFL Capital, Digit into IDBI Bank after Rs 52,878 crore India dealFairfax Financial Holdings plans to bring its Indian financial investments under IDBI Bank after India's approval of a Rs 52,878 crore ($5....
- From Rs 1,000 in 1977 to Rs 52 lakh today: The Reliance wealth story behind Jio’s Rs 10.3 lakh crore valuation in mega IPOA Rs 1,000 investment in Reliance Industries’ 1977 IPO could be worth nearly Rs 52 lakh today, including shares received through the Jio Fi...
- Canada's Warren Buffett bets his billions on India. What does he see?Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking d...
- Barclays India appoints Bank of America's Sonali Sharma as legal headSonali Sharma has been appointed as managing director and head of legal at Barclays India. She previously served as head of legal and gener...
- A $6 bn deal signals major appetite for the India prize as global giants look to deepen exposureThe sale of a controlling stake in IDBI Bank for around $6 billion is being viewed a pivotal moment in India's banking reform journey. The ...
- Stocks in news: Reliance Industries, Jio Financial, Tata Tech, HDB Financial and WiproIndian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The N...
- Fairfax offers plan to resolve IDBI-CSB ownership overlappingA merger of the two lenders is emerging as the most likely option, potentially allowing the Canadian investor to consolidate its banking in...
- Norwest invests over Rs 300 cr growth equity in SILA’s realty development businessNorwest has made a noteworthy investment of over Rs 300 crore in SILA Properties, valuing the company at Rs 1,000 crore. This strategic fun...
- These 7 private and public banking stocks have an upside of up to 25% in one year, according to analystsThanks to the US-Iran conflict, the economy has been dealing with higher oil prices for close to seven months. And if inflation starts to c...
- Stocks in news: HCL Tech, RBL Bank, Nazara Tech, Hero Motors, Power Grid and IRCONIndian stock markets struggled on Monday, as the Nifty 50 saw a considerable drop. The falls were attributed to increasing bond yields, con...
- 40 SpiceJet pilots refuse to fly Q400 aircraft till salary dues cleared, sources sayAround 40 pilots of SpiceJet's Q400 fleet have delayed their flights until unpaid salary dues are settled. This decision has received suppo...
- FM holds talks with global financial leaders in Singapore, pitches for boosting investment in IndiaFinance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included...
- Sunil Bharti Mittal is prowling for big kill on his African safariAirtel Money’s London listing has put a roughly $7 billion valuation on Sunil Bharti Mittal’s African fintech bet, highlighting how far the...
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