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kohinoor: Thieves hide Rs 15-crore stolen rare diamond in electric switchboard, reveals three decade long legal battle

A legal dispute over a 32-carat Golconda diamond has been settled in a Kolkata court. The case involved a gunpoint theft, police searches and a clever hiding place that was eventually found. The diamond s sequence of recovery bore a striking resemblance to the story of the Joy Baba Felunath cinematic masterpiece by Satyajit Ray. ....

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adani wilmar: Adani Wilmar management blames sharp fall in edible oil prices for Q1 losses

Adani Wilmar, the largest packaged oil maker in India, has suffered in Q1 due to a decrease in edible oil prices. CEO and managing director Mr. Angshu Mallick states that Adani Wilmar was unable to contra-hedge local oils in India, which has affected the company s hedging mechanism. Volumes are up 25%, but margins have been impacted due to a dis-alignment of hedges. The company has faced a one-time phenomenon. ....

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