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Markets regulator Sebi on Tuesday exempted private family trusts related to promoters of Somany Ceramics from the obligation of making open offer following their proposed acquisition of shares in the Kolkata-based company. The directive comes after three trusts — Sanrakshith Family Trust, Shakthi Family Trust and Srijan Family Trust — sought exemption from applicability of…

HighlightsAfter her father’s voluntary retirement from the Army, the young woman, smart, pretty and confident, had taken up practically all household responsibilities.”She was like a son,” her friends said. People who knew her describe her as polite, an introvert who kept to herself, bright, and — from almost everybody — “a gentle soul that everyone…