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French Connection sold to a consortium

British fashion retailer French Connection has been accepted a buyout offer of 30p (US$0.41) per share in cash, totalling £29 million (US$39.5 million), from a consortium of bidders.

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Conditional bail given to SIDCO employees

The Vellore District and Sessions Court, on March 24, granted conditional bail to 11 people, including 10 office bearers of the Ranipet SIDCO Finished Effluent Treatment Company, in connection with the tannery accident in a common effluent treatment plant (CETP) that claimed the lives of 10 workers on January 31.

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