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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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Fairfax acquires majority stake in India aluminium products maker

Manufacturing

09 September, 2024

Fairfax acquires majority stake in India aluminium products maker

Indian-born Canadian billionaire Prem Watsa-owned Fairfax India has picked up a controlling stake in an aluminium products manufacturer based in ......

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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 ......

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Exclusive: Fairfax set to monetise six-year-old India bet with modest returns

Finance

26 June, 2024

Exclusive: Fairfax set to monetise six-year-old India bet with modest returns

Fairfax India, a country-specific private equity style investment firm, that recently wrapped up an exit from an eight-year-old portfolio company, ......

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 ......

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Fairfax wraps up nearly $200 mn exit from India portfolio

Finance

22 April, 2024

Fairfax wraps up nearly $200 mn exit from India portfolio

Fairfax India, a country-specific private-equity style investment firm, has wrapped up an exit from an eight-year-old portfolio company with multi-bagger returns.  This comes ......

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Spotlight: How well has the Fairfax-owned Indian airport recovered from Covid jolt?

Infrastructure

21 March, 2024

Spotlight: How well has the Fairfax-owned Indian airport recovered from Covid jolt?

Over the past three years or so, aviation in India has been on a rapid growth trajectory. While domestic carriers ......

Fairfax commits $200 mn to IIFL Finance after RBI ban on gold loans

Finance

06 March, 2024

Fairfax commits $200 mn to IIFL Finance after RBI ban on gold loans

Fairfax India Holdings Corporation, led by Indian-born Canadian billionaire Prem Watsa, has committed $200 million in liquidity support to IIFL ......