Prem Watsa

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Finance

08 November, 2023

Bottomline: GoDigit turns profitable in FY23, gross premium rises

Canadian billionaire Prem Watsa’s Fairfax India Holdings-backed general insurance company Go Digit turned profitable in the financial year through March ......

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Infrastructure

19 September, 2023

Arohan, Innoviti backer FMO takes a deep haircut on India debt investment

Dutch development finance institution FMO has taken a deep haircut on one of its debt investments in India, which accounts ......

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Infrastructure

16 May, 2023

Fairfax investing $250 mn to lift stake in India portfolio firm

Fairfax India Holdings Corp., the Toronto-listed investment firm created by Indian-born Canadian billionaire Prem Watsa’s Fairfax Financial Holdings Ltd. to ......

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Finance

17 April, 2023

Fairfax signing off from India portfolio firm with $250 mn

Canadian investment firm Fairfax, led by Indian-born billionaire Prem Watsa, has sold the bulk of its stake in an Indian ......

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Finance

29 March, 2023

Fairfax shores up stake in India firm to start off 2023

Indian-born Canadian billionaire Prem Watsa-led Fairfax has increased its stake in an India portfolio company that it first backed nearly ......

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Finance

07 December, 2022

Carlyle, Fairfax, DBS likely to bid for IDBI Bank stake

Carlyle Group, Fairfax Financial Holdings, and DBS Bank are considering to bid for at least 10% each in IDBI Bank ......

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Manufacturing

16 September, 2022

Fairfax India to exit Fairchem Organics

Billionaire Prem Watsa-backed Fairfax India Holdings Corp. is looking to sell its majority stake in speciality chemicals manufacturer Fairchem Organics ......

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Finance

02 December, 2021

Fairfax made its first partial exit from IIFL, sitting on below-benchmark returns

Canadian billionaire Prem Watsa’s Fairfax has made a partial exit from non-banking financial company (NBFC) IIFL Finance.  The listed company is ......

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Finance

16 September, 2021

IIFL Finance hands 10% annualised return to CDC on second part-exit

UK’s CDC Group Plc made a second partial exit on Thursday from IIFL Finance by selling 2.64% stake for Rs ......

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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 ......