Fairfax injects more cash into Indian logistics company

By Ranjani Raghavan

  • 20 Nov 2019
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Credit: 123RF.com

Fairfax India Holdings Corporation has increased its stake in a local logistics firm, as the Toronto-listed investment vehicle of Canadian billionaire Prem Watsa moves forward on a plan to enhance its bets on Indian companies. Fairfax India has infused an additional Rs 85 crore (about $12 million at current exchange rate) ......

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