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Death toll in Malad building collapse rises to 11, rescue op underway

Read more about Death toll in Malad building collapse rises to 11, rescue op underway on Business Standard. At least eleven people, including eight minors, lost their lives after a residential structure collapsed in New Collector compound, Malad West of Mumbai late on Wednesday night ....

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PM Modi expresses pain at loss of lives in Mumbai building collapse

Read more about PM Modi expresses pain at loss of lives in Mumbai building collapse on Business Standard. Modi announced Rs 2 lakh ex-gratia each for the next of kin of the deceased ....

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Wonderla Holidays skids after reporting Q4 net loss of Rs 5 cr

Wonderla Holidays slipped 1.59% to Rs 207.35 after the company reported net loss of Rs 4.87 crore in Q4 FY21 compared with net profit of Rs 1.56 crore in Q4 FY20.
Net sales dropped 21.5% to Rs 33.30 crore in Q4 FY21 over Q4 FY20. Pre-tax loss stood at Rs 6.28 crore in Q4 FY21 as against a pre-tax profit of Rs 0.42 crore in Q4 FY20. EBITDA during Q4 March 2021 dropped 46.69% to Rs 4.03 crore as against Rs 7.56 crore in Q4 March 2020. The resort achieved 28% occupancy during the fourth quarter of FY 2020-21 as against 33% during the corresponding period over last year.
During the financial year, Wonderla Holidays standalone net loss stood at Rs 49.93 crore in FY21 compared with net profit of Rs 64.78 crore in FY20. Total revenue from operations fell 85.86% to Rs 38.27 crore in FY21 compared with Rs 270.87 crore in FY20. ....

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Mumbai gets waterlogged on arrival of monsoon; IMD issues red alert

The south-west monsoon arrived in Mumbai and its neighbouring areas on Wednesday, the IMD announced as heavy rains lashed the city and suburbs since early morning, causing water-logging at many places and disrupting local train services.
The India Meteorological Department (IMD) issued a red alert for Mumbai, and neighbouring Thane, Palghar and Raigad districts, warning of very heavy to extremely heavy rainfall at isolated places there during the day.
As per latest satellite observations, Mumbai city and suburbs are very likely to experience moderate to intense spells of rainfall (2-3cm/hr) during next 3-4 hrs. Possibility of thunder lightning at isolated places, the IMD Mumbai said in its forecast at 2.30 pm. ....

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27 black fungus patients suffer adverse reactions after Amphotericin-B shot

Read more about 27 black fungus patients suffer adverse reactions after Amphotericin-B shot on Business Standard. 27 black fungus patients complained about mild adverse reactions after were given shots of Amphotericin-B at the government BMC in Madhya Pradesh s Sagar district ....

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