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Fairfax moves to raise stake in Indian speciality chemicals firm

Manufacturing

24 December, 2020

Fairfax moves to raise stake in Indian speciality chemicals firm

Fairfax India Holdings Corp, a dedicated investment vehicle for the country under Canadian billionaire Prem Watsa’s Fairfax Group, is increasing ......

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How former Fairfax exec Harsha Raghavan is shaping Convergent Finance

Finance

30 October, 2020

How former Fairfax exec Harsha Raghavan is shaping Convergent Finance

Many successful investors often talk about time in the markets, instead of timing the markets, to earn high returns on ......

US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank

Finance

24 July, 2020

US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank

The Reserve Bank of India has allowed two shareholders of IndusInd Bank and CSB Bank to increase their individual stakes ......

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Canadian fund likely marks down Bangalore airport valuation as it takes bigger stake

Infrastructure

07 July, 2020

Canadian fund likely marks down Bangalore airport valuation as it takes bigger stake

A Canadian pension fund is believed to have knocked down the valuation of Bangalore International Airport Ltd (BIAL) as it ......

ICICI Bank trims stake in ICICI Lombard General Insurance

Finance

19 June, 2020

ICICI Bank trims stake in ICICI Lombard General Insurance

ICICI Bank has sold a 3.96% stake in ICICI Lombard General Insurance Company Ltd for Rs 2,250 crore ($295 million), ......

Fairfax-controlled CSB Bank appoints Pralay Mondal as retail banking head

Finance

19 June, 2020

Fairfax-controlled CSB Bank appoints Pralay Mondal as retail banking head

Fairfax-controlled CSB Bank Ltd has announced that its board has appointed Pralay Mondal as the company’s president for retail, SME, ......

Fairfax-controlled Quess Corp to raise stake in Terrier Security Services

Finance

29 May, 2020

Fairfax-controlled Quess Corp to raise stake in Terrier Security Services

Fairfax-controlled business service provider Quess Corp Ltd’s board has approved to raise its stake in manned guarding and security solutions ......

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Hedge fund Abakkus ups stake in Fairfax-backed securities broking firm

Finance

15 April, 2020

Hedge fund Abakkus ups stake in Fairfax-backed securities broking firm

Hedge fund Abakkus Asset Manager LLP has raised its stake in a securities broking firm that is backed by Canadian ......

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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 ......

Grapevine: SBI gets bids for its 1% in NSE; Vedanta to sell minority stake in Cairn

General

22 January, 2020

Grapevine: SBI gets bids for its 1% in NSE; Vedanta to sell minority stake in Cairn

India’s largest lender, State Bank of India (SBI), received bids from Prem Watsa’s Fairfax, Edelweiss Securities and Kotak Securities, among ......