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Prem Watsa

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 ......

Fairfax India to hike stake in Sanmar Chemicals

Manufacturing

18 September, 2018

Fairfax India to hike stake in Sanmar Chemicals

Fairfax India Holdings Corp is investing more money in Sanmar Chemicals Group in a transaction that will increase its stake ......

Fairfax invests $45 mn in parent of online insurance startup Digit

TMT

25 July, 2018

Fairfax invests $45 mn in parent of online insurance startup Digit

Go Digit Infoworks Services Pvt. Ltd, the parent of online insurance startup Digit Insurance, has raised $45 million (around Rs ......

Fairfax-backed Quess Corp to take control of East Bengal football club

General

17 July, 2018

Fairfax-backed Quess Corp to take control of East Bengal football club

Quess Corp Ltd, the business services provider backed by Indian-origin Canadian billionaire Prem Watsa’s Fairfax group, will take control of ......

Fairfax India raises $550 mn in debt

Finance

29 June, 2018

Fairfax India raises $550 mn in debt

Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation announced on Friday that it had raised $550 million (around Rs 3,700 ......

IIFL Wealth raising $110 mn from Ward Ferry, General Atlantic and others

Finance

19 June, 2018

IIFL Wealth raising $110 mn from Ward Ferry, General Atlantic and others

The wealth management arm of IIFL Holdings Ltd has decided to raise Rs 745.71 crore (about $110 million) from a ......

Premium
Fairfax comes in as limited partner in Indian realty fund

Infrastructure

05 June, 2018

Fairfax comes in as limited partner in Indian realty fund

Canada’s Fairfax, which has anchored an India-focussed private equity firm that has invested well over $1 billion in the past ......

Premium
Harsha Raghavan quits Fairfax, to float investment firm

People

21 May, 2018

Harsha Raghavan quits Fairfax, to float investment firm

Harsha Raghavan, managing director and chief executive officer at Fairbridge Capital Pvt. Ltd, which is an adviser to Fairfax India ......

Prem Watsa-led Fairfax loses $8 bn lawsuit filed against US hedge fund billionaire

People

04 April, 2018

Prem Watsa-led Fairfax loses $8 bn lawsuit filed against US hedge fund billionaire

The billionaire Steven A. Cohen has won the dismissal of an $8 billion lawsuit accusing him and his former firm ......

Fairfax India to up stake in Bengaluru Airport, Siemens to mark partial exit

Infrastructure

30 March, 2018

Fairfax India to up stake in Bengaluru Airport, Siemens to mark partial exit

Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation is set to acquire a 6% stake in Bangalore International Airport Ltd ......