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Prem Watsa

Fairfax-backed Quess Corp to take control of East Bengal football club

General

17 July, 2018

Fairfax-backed Quess Corp to take control of East Bengal football club

Quess Corp Ltd, the business services provider backed by Indian-origin Canadian billionaire Prem Watsa’s Fairfax group, will take control of ......

Fairfax India raises $550 mn in debt

Finance

29 June, 2018

Fairfax India raises $550 mn in debt

Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation announced on Friday that it had raised $550 million (around Rs 3,700 ......

IIFL Wealth raising $110 mn from Ward Ferry, General Atlantic and others

Finance

19 June, 2018

IIFL Wealth raising $110 mn from Ward Ferry, General Atlantic and others

The wealth management arm of IIFL Holdings Ltd has decided to raise Rs 745.71 crore (about $110 million) from a ......

Premium
Fairfax comes in as limited partner in Indian realty fund

Infrastructure

05 June, 2018

Fairfax comes in as limited partner in Indian realty fund

Canada’s Fairfax, which has anchored an India-focussed private equity firm that has invested well over $1 billion in the past ......

Premium
Harsha Raghavan quits Fairfax, to float investment firm

People

21 May, 2018

Harsha Raghavan quits Fairfax, to float investment firm

Harsha Raghavan, managing director and chief executive officer at Fairbridge Capital Pvt. Ltd, which is an adviser to Fairfax India ......

Prem Watsa-led Fairfax loses $8 bn lawsuit filed against US hedge fund billionaire

People

04 April, 2018

Prem Watsa-led Fairfax loses $8 bn lawsuit filed against US hedge fund billionaire

The billionaire Steven A. Cohen has won the dismissal of an $8 billion lawsuit accusing him and his former firm ......

Fairfax India to up stake in Bengaluru Airport, Siemens to mark partial exit

Infrastructure

30 March, 2018

Fairfax India to up stake in Bengaluru Airport, Siemens to mark partial exit

Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation is set to acquire a 6% stake in Bangalore International Airport Ltd ......

Premium
PE deal of the month: Fairfax seals first control transaction in Indian banking

Finance

28 February, 2018

PE deal of the month: Fairfax seals first control transaction in Indian banking

Private equity investments in February 2018 remained almost flat year-on-year with investors infusing $1.3 billion across 75 deals, compared to ......

Fairfax to acquire 51% in Catholic Syrian Bank

Finance

19 February, 2018

Fairfax to acquire 51% in Catholic Syrian Bank

Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation is acquiring a 51% stake in Kerala-based Catholic Syrian Bank, the two ......

Fairfax raising up to $1.5 bn afresh to invest in India

Finance

08 December, 2017

Fairfax raising up to $1.5 bn afresh to invest in India

Fairfax India Holdings Corporation plans to raise as much as $1.5 billion (Rs 10,000 crore) more to invest in India, ......