Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Fairfax’s $6 Billion Bank Deal Signals Zest for Indian Assets

India’s sale of a controlling stake in IDBI Bank Ltd. to Canada’s Fairfax Financial Holdings Ltd. for nearly $6 billion helps jump-start the South Asian country’s push to reform its banking sector and shows the potential for more dealmaking in its rapidly growing financial industry.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

Australian Market Notably Lower

(RTTNews) - The Australian market is trading notably lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight.

More from Thursday 15 October →