Fairfax India Holdings Corporation

GVK would sell its stake, held by its unit Bangalore Airport Infrastructure Developers Private Limited, and the proceeds would be used for reducing GVK's debt obligations, the company said.

Post-divestment, Bangalore Airport & Infrastructure Developers Ltd of GVK will hold 10 per cent, while Siemens Project Ventures GmbH of Germany 26 per cent and Fairfax 38 per cent, including 5 per cent of Flughafen Zurich AG of Switzerland it acquired for $49 million year ago.

Fairfax India Holdings said on Friday it has agreed to acquire a minority stake in privately held Indian petrochemical company Sanmar Chemicals via a roughly $300 million investment.

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.

GVK Power earnings have been weighed down due high level of debt. In the quarter ended December 31, 2015 the company had reported a loss of Rs 279 crore on account of interest payments of Rs 555 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.

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.

Financial services firm IIFL Holdings' independent directors committee has recommended selling a 26 per cent stake in the company to a subsidiary of Fairfax India Holdings, founded by Canadian billionaire Prem Watsa.

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.

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.

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.

The integration of MFX with IKYA will result in the formation of the Global Technology Services Group (GTS Group) marking IKYA's entry into the IT Services and Solutions space in the North American market, Thomas Cook said in a BSE filing.

GVK would sell its stake, held by its unit Bangalore Airport Infrastructure Developers Private Limited, and the proceeds would be used for reducing GVK's debt obligations, the company said.

Post-divestment, Bangalore Airport & Infrastructure Developers Ltd of GVK will hold 10 per cent, while Siemens Project Ventures GmbH of Germany 26 per cent and Fairfax 38 per cent, including 5 per cent of Flughafen Zurich AG of Switzerland it acquired for $49 million year ago.

Fairfax India Holdings said on Friday it has agreed to acquire a minority stake in privately held Indian petrochemical company Sanmar Chemicals via a roughly $300 million investment.

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.

GVK Power earnings have been weighed down due high level of debt. In the quarter ended December 31, 2015 the company had reported a loss of Rs 279 crore on account of interest payments of Rs 555 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.

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.

Financial services firm IIFL Holdings' independent directors committee has recommended selling a 26 per cent stake in the company to a subsidiary of Fairfax India Holdings, founded by Canadian billionaire Prem Watsa.

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.

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.

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.

The integration of MFX with IKYA will result in the formation of the Global Technology Services Group (GTS Group) marking IKYA's entry into the IT Services and Solutions space in the North American market, Thomas Cook said in a BSE filing.