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General Motors announces another round of layoffs, 1,695 workers to be affected
General Motors has announced layoffs at its Fairfax Assembly plant in Kansas, affecting 1,695 emplo…
Fairfax-backed Go Digit to float IPO on May 15
At present, Go Digit Infoworks Services owns an 83.3 percent stake in the company. Proce…
PTI
IIFL Finance shares bounce back after two days of sharp fall
Shares of IIFL Finance Ltd bounced back on Thursday and climbed nearly 10 per cent after tumbling i…
PTI
Prem Watsa-backed Fairfax India commits up to $200 mn to IIFL Finance
Indian-Canadian billionaire Prem Watsa-backed Fairfax India on Wednesday announced its commitment t…
PTI
Sebi returns IPO papers of Fairfax backed Go Digit General Insurance, co to refile
Markets regulator Sebi has returned the preliminary IPO papers of Go Digit General Insurance Ltd, a…
PTI
A Virginia pension system is considering adding crypto yield farming to its portfolio to boost returns
The Fairfax County Police Officers Retirement System is aiming to invest in funds focused on genera…
Carla Mozée
The 'Warren Buffett of Canada' could score a $1 billion return on BlackBerry as retail investors target the meme stock
Prem Watsa's Fairfax Financial owns BlackBerry shares and convertible bonds that surged in value to…
Theron Mohamed
Virginia's Lt. Gov. Justin Fairfax says Gov. McAuliffe treated him like George Floyd, Emmett Till, after sexual assault allegations surfaced
In a televised debate, Fairfax likened himself to Emmett Till and George Floyd, two black people ki…
Cheryl Teh
Digit Insurance becomes the first Indian unicorn of 2021 as existing investors pump in funding, pushing valuation to $1.9 billion
Insurtech startup Digit Insurance has raised an undisclosed amount of funding from existing investo…
Canadian billionaire Prem Watsa backed firm ties up with Karur Vysya Bank for bancassurance
Karur Vysya Bank (KVB) will sell insurance products from Digit Insurance, a company backed by Fairf…
Fairfax-backed Digit Insurance gets Irdai nod to raise USD 84 mn
This is one of the largest funding rounds in the domestic general insurance space, the company, wh…
PTI
Politicians, including Democratic 2020 candidates, are calling on Justin Fairfax to resign
The accusations against Fairfax come at a time when Virginia leadership is in turmoil. Democratic G…
Sarah Gray,Sarah Gray
Meet Justin Fairfax, who is poised to become Virginia's governor if Ralph Northam resigns
"I cannot condone the actions from [Northam's] past that, at the very lease, suggest a comfort with…
Sarah Gray,Sarah Gray,Eliza R…
Virginia Democrat threatens Lt. Gov. Justin Fairfax with impeachment if he doesn't resign by Monday
Fairfax has repeated denied the allegations. In a statement to INSIDER on Monday, Fairfax's spokesw…
Bryan Logan
Virginia Lt. Gov. Justin Fairfax calls sexual assault allegation a 'totally fabricated story'
"Lt. Gov. Fairfax is a public official who may well rise to the position of governor," Washington P…
Sarah Gray,Sarah Gray
A second woman has come forward to accuse Virginia Lt. Gov. Justin Fairfax of sexual assault
The statement said Watson was "reluctantly" coming forward after being "upset" by allegations again…
Grace Panetta
Embattled Virginia Lt. Gov. Justin Fairfax is being sidelined at his law firm while investigators look into sexual-assault allegations
"We take the allegations against Justin very seriously," the firm's chairman Larren Nashelsky told …
Sarah Gray,Sarah Gray
Despite denials from Virginia Lt. Gov. Justin Fairfax, his accusers reportedly say they'll testify at potential impeachment
Nancy Erika Smith, an attorney for Meredith Watson, said in a statement to NBC that they would be a…
Ellen Cranley,Ellen Cranley
2020 Democrat candidates join lawmakers calling for Lt. Gov. Justin Fairfax to resign as a second woman accuses him of sexual assault
The accusations against Fairfax are part of a scandal engulfing the Democratic party in Virginia. G…