MUMBAI ELEVATOR ACCIDENT
ET Road Safety & Safer Mobility Forum 2024: Steering a smarter, safer, and sustainable supply chain by accelerating safety tech in logistics
The ET Road Safety & Safer Mobility Forum 2024 gears up for its third roundtable, focusing on ‘Enhancing Safety Standards in Modern Logistics and Supply Chain.’ This session will put intelligent AI solutions in the spotlight, showcasing how they can revolutionise safe practices within the ever-evolving logistics landscape. By prioritising both road and fleet safety, the forum aims to create a more secure and efficient supply chain ecosystem.
Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 26%
After a corrective wave of more than eight weeks, whether it is Sensex or Nifty, the underlying bias has once again turned bullish, specially in midcap space. But one headwind remains that is valuation which is still at a higher level. So, it would be better to be bullish but selectively. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Meet four determined and driven women in leadership roles in Mumbai Metro, IOC, L&T and ONGC
Experts say when more women occupy critical roles, they will demand systemic improvements that would throw open the gates and make these sectors gender-inclusive.
Nitin Gadkari to inaugurate, lay foundation stone for 31 projects in Jharkhand on March 23
Of these, 21 pertain to state capital Ranchi, entailing an estimated investment of Rs 9,453 crore, and nine to Jamshedpur at a cost of Rs 3,378 crore. Gadkari will dedicate to the nation a 44-km stretch between Jamshedpur and Mahulta on NH-33, constructed at a cost of Rs 465 crore.
Woman dies after faulty elevator free falls from fourth floor in Mumbai
As the woman shouted for help, her son tried to open the elevator doors. As he doing so, he got an electric shock and switched off the power supply. Later, when a security guard of the building tried to open the door of the elevator, it moved down on a high speed and collapsed on the ground floor, the official said. The woman received serious injuries and was rushed to a nearby hospital where she was declare brought dead, he said.
16-year-old girl loses life in a lift accident in Mumbai
As per reports, the teenager has come to her grandmother’s place. The mishap occured when she was playing hide and seek with her brothers and cousins. Reshma was on the fifth floor, in her bid to find her brothers, she put her head into the small opening on the elevator door.
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Vande Bharat suffers jammed wheels; passengers shifted to another train
The officials said the semi-high speed train left New Delhi station at its scheduled time of 06.00 AM but it had to be withdrawn at Khurja station in Uttar Pradesh, just after travelling about 90 km. All the 1,068 passengers had to be deboarded and shifted to a Shatabdi Express rake brought from Delhi for their onwards journey, which started around 12.40 pm.
In second such incident, Vande Bharat Express hits cows near Gujarat
The incident on Friday took place at 3.48 pm near Anand, about 432 km from Mumbai. "The train's front portion has suffered a small dent," confirmed Sumit Thakur, chief public relations officer of Western Railway, adding that all the passengers were safe. Prime Minister Narendra Modi had flagged off the train on the route on September 30.
Collision with cattle unavoidable, Vande Bharat train designed keeping this in mind: Railway Minister
"The train has been designed in such a way and it is so strong that if there is an accident, nothing will happen to the train. Its nose on the front is totally replaceable. As soon as the train reached Mumbai (after the incident on Thursday), it was completely cleaned up and its nose replaced," Vaishnaw said here.The minister was interacting with the students of an engineering college at Vallabh Vidyanagar.
Maha CM Shinde says Cyrus Mistry's death shocking, loss for entire business world
"His death is a loss not just for the Mistry family, but for the entire business world," the CM said.
Post-Covid, inflation hits health, motor covers
Health insurance claims saw a surge in the second wave of the pandemic. This had resulted in a worsening of the loss ratio in the health business in FY22. With the ebbing of the pandemic, Covid claims have declined. However, the increased mobility has increased motor accident claims.
Heat waves, floods and heavy rain: India battling climate change and it is getting worse, warn experts
The spectre of climate change is here to stay and even worsen, say climate scientists as searing winds blow across swathes of north India, including New Delhi where temperatures have crossed 49 degrees Celsius, and flash floods ravage parts of the northeast.
Musk tweets on India ‘challenges’, govt calls it pressure tactic
Tesla hasn’t been able to gain a foothold in India, its largest untapped market. When a Twitter user asked CEO Elon Musk for an update on the company’s India foray, Musk replied that it was still working through several challenges with the government.
Resignation at Zomato; India, Singapore tie-up on payments
In March, Zomato CEO Deepinder Goyal announced the launch of the company’s nutrition business. But things didn’t go to plan and the company shut down the vertical on Monday. Now, the cofounder who was tasked with the launch has resigned.
Mswipe appoints Cashe’s Ketan Patel as CEO, to apply for NBFC licence
Mswipe will apply to the Reserve Bank of India (RBI) for an NBFC licence in 2021-22, with plans to convert it into an small finance bank later. Bharatpe has become the first fintech company to win an SFB licence from RBI.
German Bank KfW extends 545 million Euro funding to MMRDA infra projects
The funds to be disbursed through an agreement with India’s Ministry of Finance will be utilized to support two key mass transit projects in Mumbai. These projects are Metro line 4 from Wadala in central Mumbai to Kasarvadavli in Thane, and Metro line 4A that extends to the connectivity from Kasarvadavli to Gaimukh in Thane.
World Blood Donor Day: 3 important reasons why donating blood is healthy
It is vital to raise awareness about the health benefits of blood donation.
Elevator makers lobby for national safety standards amid rising accidents
While there is a progressive Lift Act in some states, there is no national policy that enforces strict safety standards regarding design, construction and installation of elevators, said Kone India MD Amit Gossain. Even lift licences, wherein elevators are inspected after installation and issued a license for operation, are not prevalent in all states.
New AI system may help prevent water logging in cities
The areas susceptible to water logging were located with the help of past travel time data from smartphone-based cab service Uber, and elevation data of the area.
Mumbai rail situation ‘grim’, said panel in 2012
The panel said an estimated 15,000 people die on tracks every year because of trespassing. "Of this, 6,000 deaths or 40 per cent of the casualties take place on Mumbai's suburban rail network."
350 kmph speed, undersea travel and a boost to Modi's job promise: This is what bullet train brings for India
A top speed of 350 kmph is not the only thing thrilling about this train. Passengers will also get the thrill of riding under the sea, a first in the country.
Cabinet reshuffle: Alphons Kannanthanam appointed a MoS in ministry of IT
The 65 year old Kannanthanam is a former DDA commissioner and popularly known as Delhi’s Demolition man for his activist stance.
9 new ministers join Modi government; 4 elevated as Cabinet ministers
Piyush Goyal, Dharmendra Pradhan, Mukhtar Abbas Naqvi and Nirmala Seetharaman are the old hands of Team Modi who have been elevated to Cabinet Minister rank.
Why Hyperloop's Bibop Gresta wants to put a stop to high-speed railway systems
In an hour-long chat, Gresta breezed through the company's plans of reducing travel time between Bangalore and Mysore to just 20 minutes and why rail systems need to be scrapped.
MMRDA initiated Rs 80,000 crore worth projects in 2016
The five corridors will dot areas right from Dahisar to Bandra (West) to BKC to Mankhurd and Thane connecting eastern and western areas such as Andheri (East and West), Ghatkopar, Mulund including Wadala.
Eight money tips to help young earners plan their finances
The twin behavioural devils of ignorance and procrastination push most people into their 30s before they get down to streamlining their finances.
Approach MII investors for elevated corridor: HC to Railways
The HC also asked the Maha Government to step in and help the Railways in augmenting its capacity which would help in providing safe travel for commuters.
Mumbai tops world in drug-resistant TB patients, country tops in diabetics
The city recorded its worst outbreak of dengue in 2014, affecting thousands and killing 12. Mumbai also records the country's highest number of accidents.
Eastern Freeway to be commissioned before Saturday
Mumbai Metropolitan Region Development Authority has completed the work on the much awaited Eastern Freeway.
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