Adani, GMR and Fairfax in pre-bid course of to develop Puri airport

Fairfax, Adani Group and GMR have expressed curiosity in creating the ₹2,203-crore greenfield airport close to Sipasarubali in Puri. The tender for a public-private partnership (PPP) was floated by the Odisha Industrial Infrastructure Growth Company (IDCO) in February, this 12 months. In accordance with two individuals within the know, the three corporations participated within the … Read more

Fairfax sweetens the deal for IDBI Financial institution

Canadian billionaire Prem Watsa’s Fairfax is again within the fray bidding for IDBI Financial institution with a sweetened deal. In accordance with extremely positioned sources conscious of the matter Fairfax appears to have agreed for an all-cash compensation construction to accumulate IDBI Financial institution. As well as, Watsa is claimed to have dedicated to make … Read more

Fairfax commits $200 million liquidity assist to IIFL Finance amidst RBI ban

Fairfax India Holdings Company, backed by Prem Watsa and a longstanding investor in IIFL Finance Restricted, has introduced its dedication to supply liquidity assist amidst the latest Reserve Financial institution of India (RBI) embargo, efficient March 5, 2024, on the corporate’s gold mortgage disbursements. “The RBI’s embargo has raised liquidity issues amongst the corporate’s traders … Read more