Prem Watsa
Finance
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 ......
Manufacturing
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 ......
TMT
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 ......
Manufacturing
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 ......
Finance
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 ......
Finance
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 ......
Infrastructure
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 ......
Finance
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), ......
Finance
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, ......
Finance
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 ......