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Prem Watsa

Fairfax-backed Fairchem Speciality to restructure business

Manufacturing

27 May, 2019

Fairfax-backed Fairchem Speciality to restructure business

Fairchem Speciality Ltd, a Mumbai-listed chemicals maker backed by Canadian billionaire Prem Watsa’s Fairfax Group, is going through a restructuring ......

Foreign investors hope PM Modi dials back policy shocks after big election win

General

24 May, 2019

Foreign investors hope PM Modi dials back policy shocks after big election win

Foreign companies in India have welcomed Prime Minister Narendra Modi’s election victory for the political stability it brings, but now ......

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Fairfax India invests $72 mn in private shipping firm

Infrastructure

29 March, 2019

Fairfax India invests $72 mn in private shipping firm

Fairfax India Holdings Corporation, the publicly listed private equity-style investment platform of Canada’s Fairfax Financial Holdings Ltd, has picked up ......

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How Spotify inspired Catholic Syrian Bank to look at an unusual listing plan

Finance

29 March, 2019

How Spotify inspired Catholic Syrian Bank to look at an unusual listing plan

In April last year, Sweden's Spotify Technology SA went public in an unconventional manner. The world's largest music streaming service ......

Fairfax-controlled Catholic Syrian Bank plans direct listing on bourses

Finance

28 March, 2019

Fairfax-controlled Catholic Syrian Bank plans direct listing on bourses

Catholic Syrian Bank, which is majority owned by India-born Canadian billionaire Prem Watsa’s Fairfax India Holdings Corp, is looking to ......

Tatas enter airport sector, join GIC & SSG Capital to bet $1.15 bn on GMR Airports

Infrastructure

27 March, 2019

Tatas enter airport sector, join GIC & SSG Capital to bet $1.15 bn on GMR Airports

Tata Group has entered India's airports sector as it joined Singapore sovereign wealth fund GIC and stressed assets investor SSG ......

Fairfax-controlled Thomas Cook acquires digital imaging solutions firm

TMT

25 February, 2019

Fairfax-controlled Thomas Cook acquires digital imaging solutions firm

Listed travel company Thomas Cook (India) Ltd said on Monday that it will buy a majority stake in Dubai-based digital ......

L&T Infotech looks to buy into Mindtree; Jio may spin off towers into infra trust

General

21 January, 2019

L&T Infotech looks to buy into Mindtree; Jio may spin off towers into infra trust

Mindtree’s largest shareholder, VG Siddhartha, is in advanced discussions with L&T Infotech, KKR, Baring Private Equity Partners Asia and Prem ......

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Fairfax-controlled Saurashtra Freight hunts for acquisitions in logistics

Infrastructure

21 December, 2018

Fairfax-controlled Saurashtra Freight hunts for acquisitions in logistics

Saurashtra Freight Pvt. Ltd has charted out an inorganic growth strategy, two people privy to the development told VCCircle, as ......

Fairfax may sell stake in ICICI Lombard; Sequoia may back ed-tech firm Eruditus

General

30 November, 2018

Fairfax may sell stake in ICICI Lombard; Sequoia may back ed-tech firm Eruditus

Fairfax, which is controlled by investor Prem Watsa, known as the “Warren Buffett of Canada”, is considering reducing its stake ......