Vardah, the most intense cyclone to have hit the Tamil Nadu capital in two decades, hit the shipyard hard, blowing away the roof of the workshop, while at least four vessels for which the company was looking for customers were damaged.
The cash crunch in Chennai has worsened due to the cyclone Vardah, which has caused a massive power and network outage in the city. This has thrown a lot of the progress made in the digital payments space for a loop.
Jaitley said the government shares the concerns over the devastation caused by cyclone Vardah in Chennai and surrounding districts. "It is serious crisis." While some advance preparation was done by moving the NDRF teams and deploying army columns, the Centre will do whatever is needed to provide relief, he said.
"Due to the severe cyclone at Chennai coast on Monday, one of our international undersea cables has been damaged and Internet traffic has been partially impacted. As a result, customers in some locations may be experiencing slow internet/data speeds," Airtel spokesperson has said.
It's been less than a week since the death of Tamil Nadu Chief Minister J Jayalalithaa and the new CM already has his hands full. Cyclone Vardha and its aftermath may be the first of these challenges, but CNBC-TV18's Poornima Murali and Jude Sannith report that it's by no means the most difficult one he will face.
A massive fire broke out at Syngene facilty near Bengaluru last evening but in a relief no casualties were reported as the incident took place after office hours. But, the damage in terms of value will run in several crores, said company's MD, Kiran Mazumdar Shaw.
"Total human loss reported is 10 including four in Chennai, 2 in Kanchipuram, 2 in Tiruvallur district and one each in Viluppuram and Nagapattinam," a statement issued by the NDMA read.
Thousands of people were evacuated as roaring wind clocking speed of 100 km an hour uprooted trees, tore off hoardings and toppled cars.
According to M Mohapatra, Additional Director General (Services) of IMD, the "eye" of the Cyclone is 20 kms off Chennai.
"All precautions are taken at nuclear plant Kalpakkam to face Vardah. So far all is well and plant operation is normal.
Eight fishermen belonging to Tamil Nadu were rescued from the sea near the Sriharikota High Altitude Range while search was on for ten more persons feared trapped at sea.
According to the weather forecast, Vardah will cross the coast as a cyclonic storm with a wind speed of 80-90 kmph gusting to 100 kmph by Monday afternoon.
According to the weather forecast, Vardah will cross the coast as a cyclonic storm with a wind speed of 80-90 kmph gusting to 100 kmph by Monday afternoon.