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Fairfax-backed ICICI Lombard gets regulatory nod for IPO

Finance

05 September, 2017

Fairfax-backed ICICI Lombard gets regulatory nod for IPO

ICICI Lombard General Insurance Co Ltd, which counts Canadian investment firm Fairfax Financial Holdings Ltd as its joint venture partner, ......

Carlyle to combine growth and buyout deal teams in India; Fairfax eyes Infibeam stake

General

17 August, 2017

Carlyle to combine growth and buyout deal teams in India; Fairfax eyes Infibeam stake

Global private equity firm Carlyle Group is rationalising its India operations by merging its growth and buyout investment divisions in ......

Fairfax-backed Quess Corp to raise $180 mn for acquisitions

General

10 August, 2017

Fairfax-backed Quess Corp to raise $180 mn for acquisitions

Fairfax-controlled business services provider Quess Corp Ltd said on Thursday it plans to raise Rs 1,150 crore ($180 million) through ......

Eton Park exits Reliance AMC; Ritika Suri quits Infosys; Quess Corp plans share sale

Finance

18 July, 2017

Eton Park exits Reliance AMC; Ritika Suri quits Infosys; Quess Corp plans share sale

US-based hedge fund Eton Park has sold its entire 4.43% stake in Reliance Nippon Life Asset Management Ltd, the asset ......

Fairfax-backed ICICI Lombard General Insurance files for IPO

Finance

14 July, 2017

Fairfax-backed ICICI Lombard General Insurance files for IPO

ICICI Lombard General Insurance Company on Friday filed its draft red herring prospectus with the Securities and Exchange Board of ......

Catholic Syrian Bank mulls IPO again; Religare reaches out to KKR & others

Finance

13 July, 2017

Catholic Syrian Bank mulls IPO again; Religare reaches out to KKR & others

Kerala-based Catholic Syrian Bank is reconsidering a plan to float an initial public offering, the Mint reported citing two people ......

Fairfax to up stake in Bangalore Airport for $200 mn, GVK to exit

Infrastructure

02 June, 2017

Fairfax to up stake in Bangalore Airport for $200 mn, GVK to exit

GVK Power & Infrastructure Ltd said on Friday it has decided to sell its remaining 10% stake in Bangalore International ......

Fairfax to sell 12.2% stake in ICICI Lombard to Warburg Pincus, others

Finance

28 May, 2017

Fairfax to sell 12.2% stake in ICICI Lombard to Warburg Pincus, others

Canada’s Fairfax Financial Holdings Ltd has agreed to sell a 12.18% stake in ICICI Lombard General Insurance Company Ltd for ......

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How billionaire Prem Watsa's Fairfax stepped up its India bets

Finance

10 April, 2017

How billionaire Prem Watsa's Fairfax stepped up its India bets

Canadian billionaire Prem Watsa has, almost always, shied away from buying growth stories on their face value. On most occasions, ......

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Why the SBI merger may accelerate consolidation in India's banking sector

General

10 March, 2017

Why the SBI merger may accelerate consolidation in India's banking sector

Come April, India will be home to one of the largest banks in the world. The merger of the government-owned ......