KRBL Slides After Report On Former Director’s Role In AgustaWestland Case

Gold Silver Reports (GSR) – KRBL Slides After Report On Former Director’s Role In AgustaWestland Case – Shares of the food processing company fell as much as 20.3 percent to Rs 373.50. — The company’s former director Gautam Khaitan was arrested by the enforcement directorate (ED) in connection with the AgustaWestland case, according to a report by The Sunday Guardian.

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Idea Cellular Share Price Falls On Reports Of Possible Merger Delay

Gold Silver Reports (GSR) – Idea Cellular Share Price Falls On Reports Of Possible Merger Delay – Shares of the telecom operator fell as much as 7.3 percent, the most in over three weeks to Rs 56.15. – The company’s merger with Vodafone India Ltd. may not meet the expected June 30 deadline as the Telecom Department is looking to raise a fresh demand of around Rs 4,700 crore, PTI reported quoting a person familiar with the development.

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Paulson Urges Underperforming Gold Miner to Seek a Buyer

Gold Silver Reports (GSR) – Paulson Urges Underperforming Gold Miner to Seek a Buyer — In a letter to the Toronto-based company’s board, Paulson & Co. said directors had “failed to recruit and oversee a management team capable of operating the Detour Lake mine in a manner that delivers returns to shareholders.” The letter, a copy of which was obtained by Bloomberg, was signed by John Paulson and Marcelo Kim, a partner at the firm.

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