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Fairfax Financial

Grapevine: Byju's may buy Doubtnut; IIFL Finance may sell wholesale lending portfolio

General

Grapevine: Byju's may buy Doubtnut; IIFL Finance may sell wholesale lending portfolio

Byju’s is in advanced talks to acquire learning app Doubtnut as the Indian ed-tech giant looks to expand its reach ......

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Fairfax-backed IIFL Finance raises funding from another Canadian firm

Finance

Fairfax-backed IIFL Finance raises funding from another Canadian firm

Non-banking financial company IIFL Finance Ltd, which counts billionaire Prem Watsa's Fairfax Financial as an investor, has mobilised debt capital ......

Amazon to invest in Fairfax-controlled Quess Corp's arm

General

Amazon to invest in Fairfax-controlled Quess Corp's arm

US-based online retailer Amazon.com Inc. is investing Rs 51 crore ($7.4 million) in Quess Corp Ltd, a business services provider ......

Vedanta mulls merger with Anglo American unit; Federal Bank eyes Madura Micro

General

Vedanta mulls merger with Anglo American unit; Federal Bank eyes Madura Micro

Volcan Investments Ltd, the family trust of Vedanta Resources Plc. chairman Anil Agarwal, is exploring the merger of Anglo American ......

IHH, Temasek seek control of Medanta; ArcelorMittal to exit Uttam Galva Steels

General

IHH, Temasek seek control of Medanta; ArcelorMittal to exit Uttam Galva Steels

Malaysia’s IHH Healthcare Berhad and Singapore state investment firm Temasek are both eyeing a majority stake in Global Health Pvt. ......

Fairfax-controlled Thomas Cook to pare stake in Quess Corp

Consumer

Fairfax-controlled Thomas Cook to pare stake in Quess Corp

Thomas Cook (India) Ltd said on Wednesday it plans to sell a 5.42% stake in unit Quess Corp Ltd for ......

Fairfax-controlled Quess Corp to buy 51% in Tata's BPO unit

TMT

Fairfax-controlled Quess Corp to buy 51% in Tata's BPO unit

Quess Corp, controlled by India-born Canadian billionaire Prem Watsa’s Fairfax Financial Holdings Ltd, has agreed to acquire a 51% stake ......

Fairfax-backed ICICI Lombard's IPO almost covered on day 2

Finance

Fairfax-backed ICICI Lombard's IPO almost covered on day 2

The initial public offering of India’s largest private sector non-life insurer ICICI Lombard General Insurance Co was almost fully subscribed ......

IDFC Bank picks up stake in Fairfax-backed IIFL Holdings for $75 mn

General

IDFC Bank picks up stake in Fairfax-backed IIFL Holdings for $75 mn

IDFC Bank Ltd, the youngest private-sector bank in the country, has picked up a minority stake in IIFL Holdings Ltd ......