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Fairfax-backed IIFL Securities to hire 100 bankers as it rebrands to IIFL Capital

People

11 November, 2024

Fairfax-backed IIFL Securities to hire 100 bankers as it rebrands to IIFL Capital

Fairfax-backed IIFL Securities Ltd, which has rebranded itself as IIFL Capital Services Ltd, plans to hire about 100 bankers as ......

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Fairfax-backed CSB Bank taps offshore investor for fresh capital

Finance

07 November, 2024

Fairfax-backed CSB Bank taps offshore investor for fresh capital

CSB Bank Ltd, the Indian private-sector lender controlled by Canadian investment firm Fairfax, is set to raise $100 million (around ......

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Bottomline: Fairfax-controlled Bengaluru airport operator flies into a loss

Infrastructure

03 October, 2024

Bottomline: Fairfax-controlled Bengaluru airport operator flies into a loss

The financial year 2023-24 was a mixed bag of sorts for Bengaluru International Airport Ltd (BIAL), which operates the Kempegowda ......

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Deals Digest: Momentum recovers from 6-week low, aided by Blackstone-Ventive deal

General

13 September, 2024

Deals Digest: Momentum recovers from 6-week low, aided by Blackstone-Ventive deal

Funding raised by private equity and venture capital-backed companies picked up after hitting the lowest mark in six week during the ......

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Japan's Sumitomo explores flying into Indian airport sector

Infrastructure

05 September, 2024

Japan's Sumitomo explores flying into Indian airport sector

Japanese conglomerate Sumitomo Corp is likely to have weighed the possibility of entering the Indian aviation sector by acquiring a ......

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Grapevine: Fairfax, Bain eye API maker; ChrysCap nears deal for Belgian Waffle

General

28 August, 2024

Grapevine: Fairfax, Bain eye API maker; ChrysCap nears deal for Belgian Waffle

Canadian billionaire Prem Watsa's Fairfax and US private equity firm Bain Capital are competing to acquire Vadodara-based API maker Farmson Basic Drugs in a deal ......

Fairfax-backed IIFL Securities hires three top execs from Blackstone-backed firm

People

05 June, 2024

Fairfax-backed IIFL Securities hires three top execs from Blackstone-backed firm

Fairfax-backed IIFL Securities Ltd has made three management-level appointments, all roped in from Blackstone-backed ASK Private Wealth, to strengthen its ......

Prem Watsa steps down as Fairfax India chairman as firm rejigs top deck

Finance

04 June, 2024

Prem Watsa steps down as Fairfax India chairman as firm rejigs top deck

India-born Canadian billionaire Prem Watsa has stepped down as chairman of Fairfax India Holdings Corp, but will continue to be ......

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Fairfax changes monetisation plan from Indian financial services firm

Finance

09 May, 2024

Fairfax changes monetisation plan from Indian financial services firm

Fairfax Financial Holdings Ltd, the Toronto-listed investment firm controlled by Indian-born Canadian billionaire Prem Watsa, has changed its plan to ......

Fairfax-backed IIFL Finance faces liquidity crunch after RBI curbs

Finance

07 May, 2024

Fairfax-backed IIFL Finance faces liquidity crunch after RBI curbs

India's IIFL Finance is facing a liquidity crunch as banks have turned cautious while lending to it following a clampdown ......