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Debutants beating benchmark indices fuel crowded India IPO market indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
When India’s weather office sent out cyclone warnings on May 13 and most vessels moved to safety, one barge working on Oil and Natural Gas Corp.’s field off the Mumbai coast stayed put. That decision would prove fatal when Tauktae, a storm with the intensity of a category 3 hurricane, struck on the evening of May 16. It tore apart the Papaa 305’s anchors and slammed it into an offshore platform, taking down 261 people on board. Since May 17, 186 have been rescued, 70 bodies have been retrieved and five people remain missing. The storm left over 100 dead overall across several states. India’s oil ministry has ordered an investigation led by a group of senior government officials into the accident, and wants a report within a month. State-run ONGC, the country’s biggest explorer, and its billionaire-owned offshore engineering contractor are under growing pressure to explain their roles in one of the world’s worst offshore oilfield disasters in recent memory. ....
One Million Evacuated as New Cyclone Nears Covid-Ravaged India By Pratik Parija and Pradipta Mukherjee | May 25, 2021 A powerful cyclone is set to slam into India early on Wednesday, the second in less than two weeks, with authorities evacuating more than one million people at a time when the nation is facing the world’s worst outbreak of Covid-19. Cyclone Yaas, equivalent to a category 3 hurricane, will cause heavy rains in the eastern states of West Bengal and Odisha, with wind speeds as high as 185 kilometers (115 miles) per hour, according to the India Meteorological Department. Sea levels may increase four meters above regular tides and inundate low-lying areas, it said. ....
India Braces for Second Severe Cyclone in 10 Days insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.
Canada s housing market is running hotter than just about anywhere else in the world. Ari Altstedter, Bloomberg | Tuesday December 8, 2020 The world’s biggest tech companies are clamouring for a larger piece of India’s booming Internet space, but that increasingly seems to mean going through the country’s richest man, Mukesh Ambani. Ambani’s Reliance Industries Ltd. is said to be offering to sell a stake of about $20 billion in its retail business to Amazon.com, Bloomberg News. India News | Ari Altstedter, Bloomberg | Monday August 31, 2020 India is fast becoming the world s new virus epicenter, setting a record for the biggest single-day rise in cases as experts predict that it ll soon pass Brazil and ultimately the U.S. as the worst outbreak globally. ....