2 killed in Mumbai building collapse
At least two people were killed and five others injured after a four-storey building collapsed here, officials said, adding that 12 other families were still trapped in the debris.
 
The Kesarbai Building in south Mumbai's Dongri area collapsed at around 11.30 a.m.
 
However, Mumbai Building Repairs and Reconstruction Board (MBRRB) Chairman Vinod Ghosalkar said at least 12 people were dead. But this claim has not been officially verified.
 
He said that the dilapidated structure, believed to be over 80 years old, had been handed over for redevelopment to B.S.B. Developers, which has not yet started the work.
 
"This is a serious matter and we will investigate why the redevelopment work was not initiated, what caused the delays and take appropriate action against those responsible," Ghosalkar told IANS.
 
Among those rescued include a woman, two men and a child, who are being treated at various hospitals.
 
Locals said at least 12-15 families buried under the rubble are awaiting help.
 
Opposition leaders including Congress' Bhai Jagtap and Nationalist Congress Party's Majeed Memon criticized the state government's failure to identify dangerous buildings and take measures to vacate them since such tragedies occur during monsoons.
 
Kesarbai Building, which belongs to the Maharashtra Housing and Area Development Authority, also housed a catering business on the ground floor.
 
As a precautionary measure, the police evacuated an adjoining building.
 
The Fire Brigade, police and disaster management teams have rushed to the site and launched rescue operations, while the NDRF reached there and joined them.
 
Narrow approach roads, huge crowds and thickly populated areas hampered rescue operations.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
  • User

    India’s business sentiment lowest in 3 years: Report
    Adding to the persisting concerns of a weakening economy, an IHS Markit report on Monday said that business sentiment in the country in June fell to the lowest level since 2016 as companies are worried over a subdued economy, government policies, regulation and water shortages.
     
    "Falling from '+18 per cent' in February to '+15 per cent' in June, the net balance of private sector companies foreseeing output growth in the year ahead matches the June 2016 reading and therefore is the joint-lowest since aggregate data became available in October 2009," the report said. 
     
    Predictions of softer activity growth underpin downward revisions to the profits outlook, subdued hiring plans and relatively muted capex intentions, said the report, adding that although a larger net balance of firms predict higher non-staff costs and output charges than in February, inflation expectations remain historically muted.
     
    It further said: "Anecdotal evidence suggests that water shortages, public policies and weak sales have restricted sentiment in June. Companies are also concerned about potential rupee depreciation pushing prices for imported materials higher, a lack of skilled labour, likely tax hikes, financial difficulties and customers increasingly demanding discounts."
     
    Some firms however hope to gain market shares as competitors exit the market, while others are confident about incentives and favourable government policies, it said.
     
    "Sentiment towards profitability has faded since February, with the proportion of companies predicting growth exceeding those expecting a contraction by 15 per cent. This figure is well below the historical trend, but surpasses the global average."
     
    Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
  • User

    PM upset with ‘truant’ ministers
    Prime Minister Narendra Modi came down heavily on his ministers who were absent from Parliament duty on Tuesday and asked the party leaders to prepare a list of absentees by the evening.
     
    Sources said that at BJP's weekly parliamentary party meeting, Modi asked for a list of ministers who skipped their parliament duty despite being on the roster. 
     
    They also said that the Prime Minister advised the MPs of his party to extend their scope of work beyond politics. He counselled the lawmakers to engage in social work. 
     
    Modi, who has launched the Jal Abhiyan in the backdrop of the worst water crisis in the country, has also reportedly asked the lawmakers to sit with officials and lend an ear to the people's issues related to water shortage. 
     
    The Prime Minister also urged the lawmakers to work on war footing to tackle diseases such as Tuberculosis. 
     
    Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
  • User

    COMMENTS

    Deepak Narain

    1 month ago

    PM Modi is the last hope in the present dark times. But, he leaves much to be desired. He can easily stop 'rapes', but he does not! He can stop conversions to Christianity and Islam, but he does not! He can easily remove Article 35A , but he does not! He has done little for the Hindus and, like Gandhi and Nehru, he too is busy appeasing Muslims in the false and dangerous hope that he will win over/change them.

    REPLY

    RAMACHANDRAN THARKABHUSHANAM

    In Reply to Deepak Narain 1 month ago

    Obviously he made good by criticising Nehru family but following their theme in a different way. Economy has further deteriorated in the last 5 years but still blame the congress. Got re-elected only on Balakot and religious appeal and anti Nehru provocations.

    We are listening!

    Solve the equation and enter in the Captcha field.
      Loading...
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email

    BUY NOW

    online financial advisory
    Pathbreakers
    Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
    online financia advisory
    The Scam
    24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
    Moneylife Online Magazine
    Fiercely independent and pro-consumer information on personal finance
    financial magazines online
    Stockletters in 3 Flavours
    Outstanding research that beats mutual funds year after year
    financial magazines in india
    MAS: Complete Online Financial Advisory
    (Includes Moneylife Online Magazine)