Quess shares fall on allegation of being used by co-promoter Prem-Watsa owned Fairfax Financial to manipulate profit
Prem Watsa, known as the Warren Buffett of Canada, is the founder of Fairfax Financial Holdings. Fairfax has been increasing stakes in Indian companies, prominent among them apart from Quess Corp are Thomas Cook and Bangalore International Airport.
Source: moneycontrol.com