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IIFL Finance hands 10% annualised return to CDC on second part-exit

Finance

16 September, 2021

IIFL Finance hands 10% annualised return to CDC on second part-exit

UK’s CDC Group Plc made a second partial exit on Thursday from IIFL Finance by selling 2.64% stake for Rs ......

Fairfax India to exit Privi Speciality Chemicals

Manufacturing

23 April, 2021

Fairfax India to exit Privi Speciality Chemicals

Fairfax India Holdings Corporation, an investment platform created by Indian-origin Canadian investor Prem Watsa, will sell its 48.8% shareholding in ......

Digit Insurance is India's newest unicorn, valued at $1.9 bn

TMT

15 January, 2021

Digit Insurance is India's newest unicorn, valued at $1.9 bn

Cloud based general insurance company Digit Insurance said Friday it had been valued at $1.9 billion, following a $18.4 million ......

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Fairfax moves to raise stake in Indian speciality chemicals firm

Manufacturing

24 December, 2020

Fairfax moves to raise stake in Indian speciality chemicals firm

Fairfax India Holdings Corp, a dedicated investment vehicle for the country under Canadian billionaire Prem Watsa’s Fairfax Group, is increasing ......

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How former Fairfax exec Harsha Raghavan is shaping Convergent Finance

Finance

30 October, 2020

How former Fairfax exec Harsha Raghavan is shaping Convergent Finance

Many successful investors often talk about time in the markets, instead of timing the markets, to earn high returns on ......

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 ......

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Canadian fund likely marks down Bangalore airport valuation as it takes bigger stake

Infrastructure

07 July, 2020

Canadian fund likely marks down Bangalore airport valuation as it takes bigger stake

A Canadian pension fund is believed to have knocked down the valuation of Bangalore International Airport Ltd (BIAL) as it ......

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), ......

Fairfax-controlled CSB Bank appoints Pralay Mondal as retail banking head

Finance

19 June, 2020

Fairfax-controlled CSB Bank appoints Pralay Mondal as retail banking head

Fairfax-controlled CSB Bank Ltd has announced that its board has appointed Pralay Mondal as the company’s president for retail, SME, ......

Fairfax-controlled Quess Corp to raise stake in Terrier Security Services

Finance

29 May, 2020

Fairfax-controlled Quess Corp to raise stake in Terrier Security Services

Fairfax-controlled business service provider Quess Corp Ltd’s board has approved to raise its stake in manned guarding and security solutions ......