Canadian billionaire Prem Watsa is betting that his Fairfax Financial Holdings Ltd.’s acquisition of IDBI Bank Ltd. will pay off given India’s growth prospects, the Economic Times reported. Source: Bloomberg Markets · Summarized by HeadlinesBriefing Related articlesAlibaba Leaders’ Buying Does Little to Ease Share Sale FalloutAlphabet Loses $692 Billion in Market Value as AI Questions RiseAsian Stocks Set to Extend AI Chip-Fueled Selloff: Markets WrapAsia Tech Shares Swing Wildly as A.I. Jitters PersistAdvantest Shares Decline After Outlook Misses on Tight CapacityMore from Bloomberg MarketsLagarde Says Sustainable Finances Key for Economic StabilityJapan’s Takaichi to Attend APEC in China if Parliament AllowsIndia Halts Sugar Diversion to Ethanol After El Nino Hurts CropsChina Encourages Cinemas to Add Sports Events and Lottery SalesVietnam Prime Minister Targets 2027 GDP Growth of at Least 10%Latest in Public MarketsThe dress rehearsal for an AI reckoning · Financial Times MarketsThe financial double life of barristers · Financial Times CompaniesActivists highlight a Big Yellow warning sign for the London market · Financial Times CompaniesMargaret Hamilton, software engineer, 1936-2026 · Financial Times CompaniesUK dividend payments jump 14% in a year · Financial Times MarketsRelated briefingsMarkets 24-Hour BriefingMarkets 8-Hour BriefingHomePublic MarketsFairfax’s Watsa Bets On IDBI Payoff As India Booms, Report SaysSectionsHomePublic MarketsPrivate MarketsTech & GamesMobileDeveloperF1Sports