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Studds Accessories IPO gets Sebi approval

Monday, December 17, 2018, 8:10 PM

Studds Accessories Ltd, manufacturer of helmets and two-wheeler accessories, has received markets regulator Sebi's approval to float an initial share sale. The company, which had filed its draft papers with the markets regulator in August seeking its clearance for the initial public offer (IPO), obtained Sebi's observations on December 14, latest data with the capital markets watchdog showed.
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1984 anti-Sikh riots case: Delhi HC convicts Sajjan Kumar, sentenced to life imprisonment

Monday, December 17, 2018, 8:09 PM

Congress leader Sajjan Kumar was found guilty in the 1984 anti-Sikh riots today and sentenced to jail "for the remainder of his natural life" by the Delhi High Court, which cancelled an earlier court order acquitting him of charges in what the judges called "genocide". The CBI challenged Sajjan Kumar's acquittal alleging that the mobs engaged in "a planned communal riot" and "religious cleansing".
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One killed as cyclone Phethai barrels through coastal Andhra Pradesh

Monday, December 17, 2018, 8:07 PM

Cyclone Phethai barrelled through coastal Andhra Pradesh on Monday, triggering heavy rains, uprooting trees and electric poles, and claiming one life, officials said. Train and air services were also disrupted because of the cyclone. East Godavari district bore the brunt of the storm as it made landfall near Katrenikona in the afternoon, forcing evacuation of 20,000 people, who have been sheltered in relief camps.

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