Fairfax to raise stake in India's IIFL Capital with $211 million investment - Reuters

Fairfax is set to increase its stake in IIFL Capital, an Indian financial services company, through a $211 million investment, marking a significant expansion of its presence in the Indian market. This move underscores Fairfax's confidence in India's growing financial sector and its potential for long-term growth. The investment is likely to have implications for India's financial landscape, potentially leading to increased competition and innovation in the sector.