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The Latest Breaking News from Fairfax

IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 cr

Fairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 crore. The government plans to sell its stake, and LIC will also divest shares. Fairfax's offer of Rs 81 per share is higher than last year's bid. This…

The Economic Times

India nears accepting sweetened Fairfax offer for IDBI Bank

India's government is nearing acceptance of Fairfax Financial's offer for IDBI Bank. Fairfax may slightly increase its per-share bid for the Mumbai-based lender. This potential transaction represents a significant government-backed disposal of a bank stake. Final approvals are still required from the Indian cabinet and RBI.

The Economic Times

A right mess: how mining, media and political interests are combining to influence public debate in Australia

Mining billionaire Gina Rinehart is bankrolling the acquisition of a 9.5% stake in Southern Cross Media by Bruce McWilliam, who worked for Murdoch’s News Corp for nine years and is also a former Seven Network executive.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

VIC:Media boss accused of bashing wife can go to Byron Bay

A media mogul will be allowed to travel interstate to Byron Bay as he faces charges of assaulting and unlawfully imprisoning his wife.

AAP

Media boss accused of bashing wife can go to Byron Bay

A media mogul will be allowed to travel interstate to Byron Bay as he faces charges of assaulting and unlawfully imprisoning his wife.

AAP

Gina Rinehart bankrolls purchase of 10% stake in Seven network owner Southern Cross Media

The $26m deal involving media executive Bruce McWilliam signifies return to media business for mining billionaire after previous holdings in Fairfax and Ten

The Guardian - AU

Govt weighs options to revive stalled IDBI Bank privatization

Indian authorities are exploring ways to revive the long-delayed sale of a majority stake in IDBI Bank after bids fell short of expectations earlier this year. Officials are considering lowering the reserve price by up to 20% and reducing reliance on the bank’s market price to make the deal more…

The Economic Times

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Assault charges against media boss detailed in court

Antony Catalano's full assault charges have been made public after the media boss was excused from attending court in person because of mental health concerns.

AAP

ACM to brief staff after co-owner Antony Catalano charged with assault of a woman

Australian Community Media says employee ‘wellbeing’ top priority amid ‘shock and deep concern’ over 59-year-old’s charges

The Guardian - AU

Media mogul placed on leave after violence allegations

A regional newspaper mogul has been placed on leave after being arrested and charged with violence offences against a woman.

AAP

"A triumphant first all-analog pedal from Strymon, which will inject your rig with some impressively usable and versatile drive tones": Strymon Fairfax Class A Output Stage Drive pedal review

Strymon's unexpected departure from its usual DSP-led design is a recreation of Randy Bachman's Garnet Herzog – and the result is something rather stellar

Guitar World

Angus Taylor will challenge for the Liberal leadership – but who will be the deputy?

Contenders for next deputy opposition leader include Jane Hume, Tim Wilson and Ted O’Brien

The Guardian - AU

"Like a good valve amp, it responds to your pick attack and guitar volume with proper character": Strymon Fairfax Class A Output Stage Drive pedal

The Californian pedal experts ditch digital in favour of a distinctive voiced all-analogue drive

MusicRadar

Looking for the Next Berkshire Hathaway? Experts Are Circling In on This 1 Little-Known Stock

Fairfax is an insurance giant that has delivered stellar returns to shareholders over the past decade. Could it be the next Berkshire Hathaway?

Barchart

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MusicRadar

“Man, this thing is such a chameleon. It can be a creamy and gooey boost that works great with any style of amp, and it can also breathe saturated fire”: Strymon goes analogue drive crazy, promising Randy Bachman-style tones and more from the Fairfax

The Fairfax Class A Output Stage Drive replicates the old-school mojo of the vintage Garnet Amplifiers' Herzog tube drive, and is the first release in Strymon's new Series A range of analogue pedals

Kiplinger

With Buffett Retiring, Should You Invest in a Berkshire Copycat?

Warren Buffett will step down at the end of this year. Should you explore one of a handful of Berkshire Hathaway clones or copycat funds?

The Conversation

Independents will not help form government – but they will be vital in holding it to account

When the newspapers delivered their standard election-eve editorials, there were few surprises. Former Fairfax papers and smaller outlets offered qualified support for Labor, while the News Corp papers unashamedly championed the Coalition. In Adelaide, The Advertiser ran a curious line recommending a majority government of whatever persuasion, “lest our futures…

The Guardian - AU

Pro-Israel group who complained about Lattouf’s ABC employment claim Age and SMH breached suppression order

Editors, two reporters and lawyers among the individuals pro-Israel group says should be referred for potential contempt of court

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The Guardian - AU

Ben Roberts-Smith demands defamation retrial citing alleged recording of Nine investigative journalist

Federal court hears Nick McKenzie allegedly told a witness that Roberts-Smith’s ex-wife and her friend were ‘actively briefing us on his legal strategy’

The Guardian - AU

From first world war diggers to Pavlova in Sydney: Australia’s pioneering press photos

Curated by veteran photographer Mike Bowers, an exhibition of Fairfax archive images reveals the public life of a nation – and the challenges of capturing it for the newspapers

Woman & Home

It's rare to see these royal-approved knee high boots on sale, but Zara Tindall's favourite style have a discount today

Luxury shoe brand Fairfax & Favour's limited sale knocks up to 50% off popular 'Regina' boots

The Conversation

Hugh Marks is the new managing director of the ABC. Is he the right person for the job?

Aspects of Hugh Marks’s record as chief executive of the Nine Entertainment Company raise questions about his suitability for the position of managing director of the ABC, to which he has just been appointed.

AAP

The underground tale of Arts Centre's electric glow-up

One of Australia's biggest performing arts centres is midway through a major renovation. But theatregoers will never see the most vital part of the project.

The Guardian - AU

Where’s the beef? Gina Rinehart puts past journalism quarrel aside with pies at the Kennedys

Mining billionaire, who hasn’t always been on good terms with reporters, bankrolls journalism awards. Plus: cuts continue across media companies

The Conversation

An exposé of whatever-it-takes culture, Eric Beecher’s The Men Who Killed the News is an idealistic book for the times

Eric Beecher is a rare beast: a combination of journalist, media owner and idealist. In 1984, aged 33, he became the youngest-ever editor of the Sydney Morning Herald and he has worked around the world as a journalist. He is currently chair and the largest shareholder in Private Media, owner…

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