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Canadian fund enjoys a ‘ratchet clause' cushion over Bangalore airport stake

Infrastructure

09 April, 2020

Canadian fund enjoys a ‘ratchet clause' cushion over Bangalore airport stake

A Canadian pension fund that picked up an indirect stake in the Bangalore airport recently has an anti-dilution clause to ......

Fairfax-controlled CSB Bank jumps 41% on trading debut

Finance

04 December, 2019

Fairfax-controlled CSB Bank jumps 41% on trading debut

CSB Bank, formerly Catholic Syrian Bank, made a strong stock-exchange debut on Wednesday with its shares listing at a 41% ......

Fairfax-controlled Thomas Cook buys branding rights for India, Sri Lanka, Mauritius

Consumer

03 December, 2019

Fairfax-controlled Thomas Cook buys branding rights for India, Sri Lanka, Mauritius

Listed travel company Thomas Cook (India) Ltd said on Tuesday that it has entered into a pact with Thomas Cook ......

Fairfax-controlled CSB Bank's IPO fully covered on first day

Finance

22 November, 2019

Fairfax-controlled CSB Bank's IPO fully covered on first day

The initial public offering of CSB Bank Ltd sailed through on the first day of the offering, thanks mainly to ......

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Fairfax injects more cash into Indian logistics company

Infrastructure

20 November, 2019

Fairfax injects more cash into Indian logistics company

Fairfax India Holdings Corporation has increased its stake in a local logistics firm, as the Toronto-listed investment vehicle of Canadian ......

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Fairfax-controlled CSB Bank seeks over $500 mn in valuation via IPO

Finance

19 November, 2019

Fairfax-controlled CSB Bank seeks over $500 mn in valuation via IPO

CSB Bank Ltd, formerly Catholic Syrian Bank, is seeking a valuation of about Rs 3,600 crore ($502 million at current ......

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Fairfax exits 18-year investment in ICICI Lombard, clocking modest returns overall

Finance

17 October, 2019

Fairfax exits 18-year investment in ICICI Lombard, clocking modest returns overall

Canadian investor Fairfax Financial Holdings Ltd has sold its remaining stake in India’s largest private non-life insurer ICICI Lombard General ......

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Fairfax sells half its stake in ICICI Lombard, earns modest returns

Finance

26 September, 2019

Fairfax sells half its stake in ICICI Lombard, earns modest returns

Canadian investment firm Fairfax Financial Holdings Ltd has sold half its stake in ICICI Lombard General Insurance Company Ltd, as ......

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Banks' exposure to NBFCs slowly rising: IIFL Finance CEO Sumit Bali

Finance

09 September, 2019

Banks' exposure to NBFCs slowly rising: IIFL Finance CEO Sumit Bali

A year after non-banking finance companies (NBFC) plunged into a liquidity crisis that made investors risk-averse, many firms are looking ......

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IRDA waives lock-in period for Fairfax's stake in ICICI Lombard

Finance

04 September, 2019

IRDA waives lock-in period for Fairfax's stake in ICICI Lombard

India’s insurance regulator has paved the way for Canadian firm Fairfax Financial Holdings Ltd to exit its almost two-decade-long investment ......