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Fairfax Financial Holdings Ltd

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Fairfax shores up stake in India firm to start off 2023

Finance

29 March, 2023

Fairfax shores up stake in India firm to start off 2023

Indian-born Canadian billionaire Prem Watsa-led Fairfax has increased its stake in an India portfolio company that it first backed nearly ......

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Fairfax to exit Bengaluru airport for $1.5 bn

TMT

27 October, 2022

Fairfax to exit Bengaluru airport for $1.5 bn

Fairfax Financial Holdings Ltd, controlled by Canadian billionaire Prem Watsa, plans to sell its entire stake in Bangalore International Airport ......

IIFL Finance hires ex-L&T Financial Services executive as CTO

Finance

20 July, 2022

IIFL Finance hires ex-L&T Financial Services executive as CTO

Fairfax-backed non-bank lender, IIFL Finance Ltd has appointed former L&T Financial Services official Gaurav Sharma as chief technology officer.  Sharma will ......

IIFL Fintech Fund to invest Rs 300 cr in early-stage fintech startups

Finance

23 December, 2021

IIFL Fintech Fund to invest Rs 300 cr in early-stage fintech startups

Fairfax Financial Holdings Ltd-backed IIFL Group on Thursday said that the company is planning to invest Rs 300 crore through ......

Fairfax India prepares listing of Anchorage on Indian stock exchanges

Infrastructure

08 March, 2021

Fairfax India prepares listing of Anchorage on Indian stock exchanges

Fairfax India Holdings Corp, the publicly listed private equity-style investment platform of Canada’s Fairfax Financial Holdings Ltd, is preparing to ......

IFC to make debt investment in Fairfax-controlled warehousing firm

Infrastructure

17 November, 2020

IFC to make debt investment in Fairfax-controlled warehousing firm

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to invest $44 million (Rs 330 crore) ......

US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank

Finance

24 July, 2020

US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank

The Reserve Bank of India has allowed two shareholders of IndusInd Bank and CSB Bank to increase their individual stakes ......

ICICI Bank trims stake in ICICI Lombard General Insurance

Finance

19 June, 2020

ICICI Bank trims stake in ICICI Lombard General Insurance

ICICI Bank has sold a 3.96% stake in ICICI Lombard General Insurance Company Ltd for Rs 2,250 crore ($295 million), ......

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Canadian fund enjoys a ‘ratchet clause' cushion over Bangalore airport stake

Infrastructure

09 April, 2020

Canadian fund enjoys a ‘ratchet clause' cushion over Bangalore airport stake

A Canadian pension fund that picked up an indirect stake in the Bangalore airport recently has an anti-dilution clause to ......

Fairfax-controlled CSB Bank jumps 41% on trading debut

Finance

04 December, 2019

Fairfax-controlled CSB Bank jumps 41% on trading debut

CSB Bank, formerly Catholic Syrian Bank, made a strong stock-exchange debut on Wednesday with its shares listing at a 41% ......