Local train services came to a halt between Badlapur and Ambarnath section in Maharashtra's Thane district adjoining Mumbai due to water-logging on railway tracks after heavy rains, officials said.
Alkyl Amines Chemicals Ltd announced voluntary retirement scheme to employees at Patalganga plant and Vashi and Worli offices.
Mumbai and its adjoining areas were lashed by heavy showers on Tuesday, causing water-logging at a number of places, including railway tracks, which slowed the movement of trains and vehicles on roads.
The move, which comes in the backdrop of a global slowdown, aims to improve profit margin amid falling demand for polyester products worldwide. "The company has shut down plants for manufacturing polyester filament yarn, polyester staple fibre, paraxylene, purified terephthalic acid and linear alkyl benzene. However, it is yet to close down the second units of PSF and PFY," sources said.
India's largest firm Reliance Industries has initiated work-from-home for its staff while keeping open consumer-facing businesses of hospital, retail stores and telecom with a minimum workforce amid increasing number of Covid-19 cases in the country. Chairman and Managing Director Mukesh Ambani will hold a meeting almost every third day to take stock of the impact of novel coronavirus (covid-19) outbreak on his employees and business, officials said.
Nearly 6,000 passengers were stranded as train services on the Konkan Railway route in Maharashtra's Ratnagiri district were suspended on Thursday after a river overflowed following heavy rains, while incessant downpour badly hit road and rail traffic in several parts of the state, including around Mumbai, as authorities called in NDRF to help the administration in rescue efforts.
Dhirubhai may or may not have owned the government; it would seem his son wants to own the market, notes T N Ninan.
Billionaire Mukesh Ambani's Reliance Industries has announced the contours of carving out of its oil-to-chemicals (O2C) business into an independent unit with a USD 25 billion loan from the parent, as it looks to unlock value by selling stakes to global investors like Saudi Aramco.
Sebi is looking into the matter.
However, the team despatched to Kedarnath has been able to build a temporary bridge over a canal between the helipad and the shrine.
The Harvard alum has known the Yale alum for ages, but hit it off recently.
'I sat down and asked them what they would want in their new school. One student said a football field, another one asked for computers. One little girl came and sat next to me and said, "A separate toilet for the girls." I think these small things make a huge difference in the future of education in India,' Nita Ambani tells Aseem Chhabra/Rediff.com
Something about the big car and its passengers, standing solemnly outside their vehicle, piqued the biker's interest.
After ten minutes no one could keep track of the legal team's questions on the geography of the route Sandeep Patil took on his Pulsar Bajaj motorcycle, on the morning of April 25, 2012. Not the judge. Or the onlookers. Least of all Patil.