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CSB Bank To Seek Shareholders' Nod To Extend Interim Head Pralay Mondal's Term
Indian origin Canadian billionaire Prem Watsa's Fairfax India Holdings promoted CSB Bank will seek shareholders' nod later this month to extend interim head Pralay Mondal's term till a regular MD & CEO is appointed.
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Fairfax-Backed Digit Insurance Files Draft Papers For India Public Offer
The Digit Insurance, backed by Canadian billionaire Prem Watsa's Fairfax Group, has filed for an initial public offering, draft papers filed with the market regulator showed on Tuesday.
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Digit Insurance Aims To Raise $500 Million Via Public Offer: Report
India's Digit Insurance, backed by Canadian billionaire Prem Watsa's Fairfax Group, is considering raising about $500 million in an IPO
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Fairfax May Sell 25% Of ICICI Lombard In Up To $1 Billion Deal: Report
Fairfax has already submitted an initial proposal to India's insurance industry regulator, IRDA, for a new general insurance joint venture and met with the regulator this week,
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ICICI Bank Sells Part Stake in Insurers for Rs 2,200 Crore
ICICI Bank on Friday said it has sold a 9 per cent stake in its general insurance venture ICICI Lombard and a 2 per cent stake in life insurance subsidiary ICICI Prudential for about Rs 2,200 crore.
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GVK Sells 33% Stake in Bengaluru Airport to Fairfax for Rs 2,149 Crore
Airport operator GVK Power & Infrastructure Ltd has sold a 33 per cent stake in Bengaluru airport to Canada's Fairfax Financial Holdings to reduce debt, the company said in a statement on Monday.
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Thomas Cook India Elevates Madhavan Menon as CMD
Travel services provider Thomas Cook India has re-designated its present MD Madhavan Menon as Chairman and Managing Director, effective January 1, 2016.
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Fairfax Acquires Additional Stake in IIFL for Rs 1,341 Crore
Canadian investor Prem Watsa's Fairfax India Holdings (FIH) has acquired an additional 21.85 per cent stake in financial firm IIFL Holdings for Rs 1,341.37 crore through an open offer.
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Foreign Investment Board Nod for Watsa's IIFL Investment, No Change in Management
IIFL group Chairman Nirmal Jain has said the completion of the open offer from Prem Watsa-owned Fairfax Holdings, for which the Canadian NRI investor has got the FIPB approval today, will not lead to any change in management of the financial services group.
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ICICI Bank to Sell 9% Stake in ICICI Lombard to Fairfax
ICICI Bank on Friday said it plans to sell additional 9 per cent stake in its general insurance arm for about Rs 1,550 crore to Prem Watsa run Fairfax Financial Holdings of Canada.
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Fairfax Issues Revised Date for Completion of IIFL Open Offer
Canadian investor Prem Watsa's Fairfax India Holdings has come out with a revised date for completion of open offer for raising stake in financial firm IIFL Holdings.
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Thomas Cook Surges 5% on Acquisition of Kuoni's India Business
Shares of Thomas Cook India surged over 5 per cent on Monday after the travel services provider announced acquisition of rival Kuoni group's business in India and Hong Kong for Rs 535 crore.
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Prem Watsa's Fairfax to Buy Logistics Firm NCMSL for Rs 800 Crore
Fairfax India Holdings, a fund set up by Canadian investor Prem Watsa to target Indian assets, on Monday said it would buy a 74 per cent stake in commodities storage and services firm National Collateral Management Services (NCMSL) for about $126 million.
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Fairfax India to Raise Stake in IIFL for $225 Million
Canadian investor Prem Watsa's Fairfax India Holdings Corp plans to increase its stake in Indian financial services firm IIFL Holdings Ltd to up to 26 per cent for $225 million through a share tender offer.
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IIFL Holdings Soars on Fairfax Open Offer For 26% Stake
IIFL Holdings shares jumped more than 20 per cent on Tuesday after billionaire Prem Watsa-controlled Fairfax India announced its decision to acquire 26 per cent in the diversified financial services company.
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CSB Bank To Seek Shareholders' Nod To Extend Interim Head Pralay Mondal's Term
Indian origin Canadian billionaire Prem Watsa's Fairfax India Holdings promoted CSB Bank will seek shareholders' nod later this month to extend interim head Pralay Mondal's term till a regular MD & CEO is appointed.
-
Fairfax-Backed Digit Insurance Files Draft Papers For India Public Offer
The Digit Insurance, backed by Canadian billionaire Prem Watsa's Fairfax Group, has filed for an initial public offering, draft papers filed with the market regulator showed on Tuesday.
-
Digit Insurance Aims To Raise $500 Million Via Public Offer: Report
India's Digit Insurance, backed by Canadian billionaire Prem Watsa's Fairfax Group, is considering raising about $500 million in an IPO
-
Fairfax May Sell 25% Of ICICI Lombard In Up To $1 Billion Deal: Report
Fairfax has already submitted an initial proposal to India's insurance industry regulator, IRDA, for a new general insurance joint venture and met with the regulator this week,
-
ICICI Bank Sells Part Stake in Insurers for Rs 2,200 Crore
ICICI Bank on Friday said it has sold a 9 per cent stake in its general insurance venture ICICI Lombard and a 2 per cent stake in life insurance subsidiary ICICI Prudential for about Rs 2,200 crore.
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GVK Sells 33% Stake in Bengaluru Airport to Fairfax for Rs 2,149 Crore
Airport operator GVK Power & Infrastructure Ltd has sold a 33 per cent stake in Bengaluru airport to Canada's Fairfax Financial Holdings to reduce debt, the company said in a statement on Monday.
-
Thomas Cook India Elevates Madhavan Menon as CMD
Travel services provider Thomas Cook India has re-designated its present MD Madhavan Menon as Chairman and Managing Director, effective January 1, 2016.
-
Fairfax Acquires Additional Stake in IIFL for Rs 1,341 Crore
Canadian investor Prem Watsa's Fairfax India Holdings (FIH) has acquired an additional 21.85 per cent stake in financial firm IIFL Holdings for Rs 1,341.37 crore through an open offer.
-
Foreign Investment Board Nod for Watsa's IIFL Investment, No Change in Management
IIFL group Chairman Nirmal Jain has said the completion of the open offer from Prem Watsa-owned Fairfax Holdings, for which the Canadian NRI investor has got the FIPB approval today, will not lead to any change in management of the financial services group.
-
ICICI Bank to Sell 9% Stake in ICICI Lombard to Fairfax
ICICI Bank on Friday said it plans to sell additional 9 per cent stake in its general insurance arm for about Rs 1,550 crore to Prem Watsa run Fairfax Financial Holdings of Canada.
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Fairfax Issues Revised Date for Completion of IIFL Open Offer
Canadian investor Prem Watsa's Fairfax India Holdings has come out with a revised date for completion of open offer for raising stake in financial firm IIFL Holdings.
-
Thomas Cook Surges 5% on Acquisition of Kuoni's India Business
Shares of Thomas Cook India surged over 5 per cent on Monday after the travel services provider announced acquisition of rival Kuoni group's business in India and Hong Kong for Rs 535 crore.
-
Prem Watsa's Fairfax to Buy Logistics Firm NCMSL for Rs 800 Crore
Fairfax India Holdings, a fund set up by Canadian investor Prem Watsa to target Indian assets, on Monday said it would buy a 74 per cent stake in commodities storage and services firm National Collateral Management Services (NCMSL) for about $126 million.
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Fairfax India to Raise Stake in IIFL for $225 Million
Canadian investor Prem Watsa's Fairfax India Holdings Corp plans to increase its stake in Indian financial services firm IIFL Holdings Ltd to up to 26 per cent for $225 million through a share tender offer.
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IIFL Holdings Soars on Fairfax Open Offer For 26% Stake
IIFL Holdings shares jumped more than 20 per cent on Tuesday after billionaire Prem Watsa-controlled Fairfax India announced its decision to acquire 26 per cent in the diversified financial services company.
