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Stormwater systems of today need to take into consideration rising rainfall, population growth, and suburbanisation. Yet, most Indian cities continue to employ narrow, choked, and frequently illegal or unofficial drains
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One comment tagged Sebi and asked him to approach his "biggest fan"
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The money will be used to provide necessary flood relief and support for the communities that have been badly affected by the cyclone, the company said in a statement.
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As Chennai faces its third major flood in eight years, meteorologist Dr Akshay Deoras offers insights into India's increasing extreme weather events, and why forecasting in the tropics can be a challenge.
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Chennai saw unprecedented flooding as a result of heavy rainfall in the first week of December 2015. It was reportedly triggered by reservoir mismanagement.
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Chennai floods: An estimated 13 people have died in Tamil Nadu in the flooding that was triggered by the torrential rains that preceded Cyclone Michaung, which made landfall in Andhra Pradesh on Tuesday afternoon.
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Aamir Khan and Vishnu Vishal were stranded for several hours due to the floods in Chennai after Cyclone Michaung wreaked havoc in the metropolis.
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Cyclone Michaung Highlights: Defence Minister Rajnath Singh will visit Tamil Nadu on Thursday to assess damage caused by floods and meet CM M K Stalin on Thursday, PTI reported.
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Krupa Ge’s account of the 2015 Chennai flood paints a bleak picture of urban apathy and mismanagement
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Public sector insurers had Rs 10,862 crore of underwriting loss for 2015-16, compared to Rs 7,169 crore in 2014-15.
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Chennai floods had a negative impact on Take. The company lost USD 160,000 in revenues in the third quarter of FY16 due to this, says HR Srinavasan, Vice Chairman and Managing Director of Take.
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Minister of State for Civil Aviation Mahesh Sharma said the civil aviation policy will lay out a roadmap to make India a leading player in the sector which is growing at over 20 percent currently. The policy will be placed before the cabinet within two weeks.
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Yogesh Dhingra, CFO, Blue Dart Express, says the company's performance in Q3 was impacted due to Chennai floods. He is of the view that the numbers look better due to lower base effect.
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The Chennai floods have impacted more than 80,000 vehicles with nearly 20,000 vehicles being declared “beyond repair” and in urgent ...
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Yogesh Munjal, MD of Munjal Showa said the on-going Delhi Auto Expo is garnering interest and will contribute to growth in near-term.
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Speaking to CNBC-TV18, R Srikrishna, Executive Director and CEO of Hexaware Technologies says despite headwinds, the company added orders from new clients in 2015.
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Vineet Agarwal, MD of Transport Corporation of India said that the company has revised its revenue growth guidance to 10-15 percent in FY16 and topline and profit guidance to 10-15 percent for FY17 on back of expectations of strong economic growth.
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The two-wheeler manufacturer said reported profit was after provision for one off expenses of Rs 7.5 crore consequent to floods in Chennai and a further sum of Rs 10.6 crore was provided on account of retrospective amendment to Bonus Act. Out of this, Rs 5.7 crore relating to 2014-15 showed as exceptional item, it added.
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Analysts polled by CNBC-TV18 see volume growth at 1-6 percent volumes and price/mix-led growth 2.5 percent, due to competitive pressures and Nepal issues. Analysts expect a hit of Rs 40-50 crore hit on top line owing to Nepal issues. Late winter likely to impact demand for Chyawanprash.
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Newly appointed CEO, Rostow Ravanan expects margin profile to be around 18-20 percent at an earnings before interest, taxes, depreciation and amortization (EBITDA) level going forward. Commenting on the newly acquired entities he said that it will take around five quarters to improve profitability as they have low margins at present.
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TT Jagannathan, Chairman of TTK told CNBC-TV18 that the revenues would have grown by 20 percent had the Chennai floods not impacted operations.
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Dollar revenue growth in constant currency may be at around 1-1.2 percent against guidance of 0.5-2.5 percent (USD 1841-1878 million), impacted by Chennai floods.
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Finance Ministry today attributed the decline in November industrial production to a 4-year low to statistical reasons, particularly due to lesser number of working days due to Diwali and the impact of Chennai floods.
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Chief Economic Advisor (CEA) Arvind Subramanian says the November IIP number should be interpreted keeping in mind Diwali holidays and Chennai floods
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Crisil thinks Q3 will be 6th consecutive quarter of single-digit topline growth. It expects Q3 revenue growth to be a tepid at 2 percent and sees a 60-70 basis points (bps) decline in the overall EBITDA margins.
