The century’s highest tide is expected 2.05 p.m. on Friday. The civic authorities have put in place disaster management measures, an official said. The Municipal Corporation of Greater Mumbai (MCGM) had issued warnings to people in low lying and coastal areas to watch out for the gigantic tides and take adequate precautions. On Wednesday, the city witnessed a 4.85-metre high tide that flooded slums at Cuffe Parade and Vile Parle. The fire brigade had responded to distress calls and rescued 23 people from the affected areas. In a precautionary measure, the MCGM last week inserted big and small advertisements in the Mumbai newspapers warning people of the potential damage by the high tides and details of emergency services contact numbers. Civic officials said that MCGM would also monitor the situation in flood-prone areas through closed circuit TVs. As many as 11 hotlines have been established and 34 rain gauges are installed from where round the clock information on rainfall is being collected, and control rooms have been set up at all 24 civic wards, a civic official said. (IANS)
Friday, July 24, 2009
High tides flood parts of Mumbai
Mumbai, July 23: Sea waves measuring up to 5.1 metres lashed Mumbai and other places in the Konkan region, flooding homes of people living in the coastal areas here on Thursday afternoon, civic officials said. The highest tide in last 100 years — measuring up to 5.5 metres — is forecast for Friday. The sea water flooded low-lying coastal areas like Cuffe Parade in south Mumbai, Colaba, Worli, Mahim, Khar, Juhu, Versova and Marve, a police official said. Huge sea waves crossed the retaining walls at Gateway of India and the Taj Mahal Palace & Tower Hotel, Nariman Point, Marine Drive, Girgaum Chowpatty and Worli Sea Face. Roads in Dadar, Mahim, Prabhadevi, Versova and Juhu were also flooded while in other places the sea waters entered homes of people, including the official bungalow of Mayor Shubha Raul at Dadar sea face. The high tide, which peaked around 1.30 p.m., is expected to last for another couple of hours.
Mumbai braces for highest tide in 100 years
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MUMBAI: Nearly 200 people have been evacuated from coastal areas, warnings have been sent out to those in low-lying regions and schools have advised students to stay at home as India's financial capital braces for a massive 5.5 metre high tidal wave, billed as the highest in 100 years, to lash it Friday afternoon.
The high tide is expected to hit Mumbai and the surrounding Konkan region at 2.05 p.m. The waters will ebb only after three to four hours, met officials said.
In the past two days, as waves measuring 4.85 and 5.1 metres lashed Mumbai, civic and disaster management authorities evacuated people -- mostly shanty dwellers -- from vulnerable areas like Colaba, Cuffe Parade, Andheri, Jogeshwari and even parts of neighbouring Thane.
The Municipal Corporation of Greater Mumbai (MCGM) has issued warnings to people in low-lying areas to watch out for the gigantic tide Friday and take adequate precautions.
On Thursday, sea water rushed into several buildings in Cuffe Parade, Worli, Dadar, Prabhadevi, Andheri, Juhu, Khar and Malad.
Even mayor Shubha Raul's official bungalow at Shivaji Park in Dadar was not spared. The huge waves knocked down a compound wall.
In Thane, the district adjacent to Mumbai, waterlogging attributed to the high tide was reported from residential areas in places like Uttan, Palghar, Boisar and Dahanu but there have been no casualties so far.
Some schools have advised students to stay at home in view of the high tide, but there has been no official announcement of closure by the government.
However, for many Mumbaikars, the tides offered a rare view of a natural phenomenon after clouds obscured the solar eclipse Wednesday.
Thousands of people excitedly saw the tides from a safe distance at places like Colaba, Marine Drive, Girgaum Chowpatty, Worli Sea-Face, Bandra Bandstand, Juhu Beach, Gorai Beach and Marve Beach yesterday. Today, greater numbers are expected.
Crowds had assembled even at the Thane Creek and commuters were seen craning their necks to see the swirling waters as the trains crossed the railway bridges at Bhayander Creek.
Last week, the MCGM had inserted big and small advertisements in newspapers, warning people of the potential damage that could be wreaked by the high tides and contact details for emergency services.
As many as 11 hotlines have been established and 34 rain gauges have been installed from where round-the-clock information is being collected. Control rooms have been set up at all the 24 civic wards.
Officials said that MCGM would also monitor the situation in flood-prone areas through CCTVs.
Market traded jittery on weak sentiment
Market traded jittery on weak sentiment
Date : Jul-24-2009 13:25
After witnessing wild swing in opening trade, which was short lived, the key benchmark indices is now hovering around the base line after gyrating in positive and negative terrain. Meanwhile, as per the provisional figures on the NSE, Foreign Institutional Investors (FIIs) bought shares worth Rs. 511.94 crore yesterday while domestic institutional investors sold shares worth Rs 34.16 crore. This was augmented by latest economic data indicated improving economic activity. Assimilation of six infrastructure industries, that accounts for 26.7% of India''s industrial output, namely Cement, Coal, Crude Oil, Refining, Electricity and Steel together improved at an annual rate of 6.5% in June 2009 faster compared to 2.8% in previous month.
On the sectoral front, out of 13 Indices, 11 indices advanced whereas 2 indices declined. Auto stocks remained strong on better-than-expected first quarter results from auto major Maruti Suzuki India yesterday. Metal stocks gains as LMEX, a gauge of six metals traded on the London Metal Exchange rose 1.29% overnight. Bank stocks weaken ahead of quarterly monetary policy review meet on Tuesday, 28 July 2009.
The Market breadth, indicating the overall strength of the market, was strong. On BSE, out of 2,582 stocks traded so far, 1,524 shares advanced while 971 shares declined. Nearly 87 shares are unchanged.
At 1.20PM, the BSE Sensex is trading higher by 73.70 points at 15,304.74 whereas NSE Nifty is up by 23.25 points at 4,547.
The BSE Mid Cap is trading higher by 73.64 points at 5,367.01 and Small cap is trading up by 78.42 points at 6,021.28.
Major gainers from the BSE Sensex pack are Tata Motors Ltd surged 6.79% to Rs. 363.50 along with Maruti Suzuki India Ltd 3.66% to Rs. 1343.00, Tata Steel Ltd 3.45% to Rs. 429.05, Sterlite Industries Ltd improved 3.11% to Rs. 652.35, DLF Ltd improved 2.80% to Rs. 380.00, Hindalco Industries Ltd gained 2.76% to Rs. 93.20, Jaiprakash Associates Ltd gained 1.96% to Rs. 234.15, Infosys Technologies Ltd by 1.70% to Rs. 1993.10, BHEL by 1.55% to Rs. 2201.10, Hero Honda Motors by 1.34% to Rs. 1688.00, Mahindra & Mahindra Ltd by 1.23% to Rs. 811.75 and TCS Ltd by 0.88% to Rs. 480.00 among others.
Major losers from the BSE Sensex Pack are Bharti Airtel Ltd weaken by plunged 48.05% to Rs. 422.85, Housing Development Finance Co by 2.75% to Rs. 2385.00, Reliance Industries Ltd by 1.80% to Rs. 2001.50, State Bank of India by 1.22% to Rs. 1704.80, HDFC Bank Ltd by 0.95% to Rs. 1441.90, Reliance Infrastructure by 0.80% to Rs. 1157.30 and ACC Ltd by 0.78% to Rs. 848.00.
The BSE Auto is higher by 143.53 points or 2.72% at 5,417.76. Stocks trading in green are Tata Motors Ltd spurted 6.79% to Rs. 363.50, Bharat Forge Ltd 6.72% to Rs. 170.00, Amtek Auto Ltd 6.42% to Rs. 123.55, MRF Ltd 4.29% to Rs. 3663.95, Exide Industries Ltd by 4.05% to Rs. 78.30, Maruti Suzuki India Ltd by 3.66% to Rs. 1,343.00 and Escorts Ltd 3.21% to Rs. 64.35 among others.
Alstom Projects India Ltd advanced 0.97% to Rs. 524.60 after net profit increased phenomenally 100.60% to Rs. 38.75 crore in Q1 June 2009 compared to Q1 June 2008.
Essel Propack Ltd spurted 4.94% to Rs. 27.60 after the company posted net profit of Rs 5.24 crore in Q2 June 2009 as against net loss of Rs 9.75 crore in Q2 June 2008, on a consolidated basis.
Maruti Suzuki India Ltd spurted 3.66% to Rs. 1343.00 after reporting higher-than-expected net profit in Q1 June 2009.
Gujarat State Petronet Ltd zoomed 4.83% to Rs. 66.15 after net profit increased phenomenally 146.6% to Rs. 80.49 crore on a 76.4% rise in sales to Rs. 210.82 crore in Q1 June 2009 over Q1 June 2008.
Bharat Forge Ltd shoot up 6.72% to Rs. 170.00 after the company expressed positive outlook for the future at the time of announcing Q1 June 2009 results
Idea Cellular surged 3.53% to Rs. 80.55 after net profit grew 14.7% to Rs. 309.21 crore on a 29.7% increase in sales to Rs. 2817.94 crore in Q1 June 2009 over Q1 June 2008.
Ambuja Cements Ltd plunged 2.06% to Rs. 94.95 after net profit sunk 43.74% to Rs 324.65 crore in Q2 June 2009 over Q2 June 2008.
Date : Jul-24-2009 13:25
After witnessing wild swing in opening trade, which was short lived, the key benchmark indices is now hovering around the base line after gyrating in positive and negative terrain. Meanwhile, as per the provisional figures on the NSE, Foreign Institutional Investors (FIIs) bought shares worth Rs. 511.94 crore yesterday while domestic institutional investors sold shares worth Rs 34.16 crore. This was augmented by latest economic data indicated improving economic activity. Assimilation of six infrastructure industries, that accounts for 26.7% of India''s industrial output, namely Cement, Coal, Crude Oil, Refining, Electricity and Steel together improved at an annual rate of 6.5% in June 2009 faster compared to 2.8% in previous month.
On the sectoral front, out of 13 Indices, 11 indices advanced whereas 2 indices declined. Auto stocks remained strong on better-than-expected first quarter results from auto major Maruti Suzuki India yesterday. Metal stocks gains as LMEX, a gauge of six metals traded on the London Metal Exchange rose 1.29% overnight. Bank stocks weaken ahead of quarterly monetary policy review meet on Tuesday, 28 July 2009.
The Market breadth, indicating the overall strength of the market, was strong. On BSE, out of 2,582 stocks traded so far, 1,524 shares advanced while 971 shares declined. Nearly 87 shares are unchanged.
At 1.20PM, the BSE Sensex is trading higher by 73.70 points at 15,304.74 whereas NSE Nifty is up by 23.25 points at 4,547.
The BSE Mid Cap is trading higher by 73.64 points at 5,367.01 and Small cap is trading up by 78.42 points at 6,021.28.
Major gainers from the BSE Sensex pack are Tata Motors Ltd surged 6.79% to Rs. 363.50 along with Maruti Suzuki India Ltd 3.66% to Rs. 1343.00, Tata Steel Ltd 3.45% to Rs. 429.05, Sterlite Industries Ltd improved 3.11% to Rs. 652.35, DLF Ltd improved 2.80% to Rs. 380.00, Hindalco Industries Ltd gained 2.76% to Rs. 93.20, Jaiprakash Associates Ltd gained 1.96% to Rs. 234.15, Infosys Technologies Ltd by 1.70% to Rs. 1993.10, BHEL by 1.55% to Rs. 2201.10, Hero Honda Motors by 1.34% to Rs. 1688.00, Mahindra & Mahindra Ltd by 1.23% to Rs. 811.75 and TCS Ltd by 0.88% to Rs. 480.00 among others.
Major losers from the BSE Sensex Pack are Bharti Airtel Ltd weaken by plunged 48.05% to Rs. 422.85, Housing Development Finance Co by 2.75% to Rs. 2385.00, Reliance Industries Ltd by 1.80% to Rs. 2001.50, State Bank of India by 1.22% to Rs. 1704.80, HDFC Bank Ltd by 0.95% to Rs. 1441.90, Reliance Infrastructure by 0.80% to Rs. 1157.30 and ACC Ltd by 0.78% to Rs. 848.00.
The BSE Auto is higher by 143.53 points or 2.72% at 5,417.76. Stocks trading in green are Tata Motors Ltd spurted 6.79% to Rs. 363.50, Bharat Forge Ltd 6.72% to Rs. 170.00, Amtek Auto Ltd 6.42% to Rs. 123.55, MRF Ltd 4.29% to Rs. 3663.95, Exide Industries Ltd by 4.05% to Rs. 78.30, Maruti Suzuki India Ltd by 3.66% to Rs. 1,343.00 and Escorts Ltd 3.21% to Rs. 64.35 among others.
Alstom Projects India Ltd advanced 0.97% to Rs. 524.60 after net profit increased phenomenally 100.60% to Rs. 38.75 crore in Q1 June 2009 compared to Q1 June 2008.
Essel Propack Ltd spurted 4.94% to Rs. 27.60 after the company posted net profit of Rs 5.24 crore in Q2 June 2009 as against net loss of Rs 9.75 crore in Q2 June 2008, on a consolidated basis.
Maruti Suzuki India Ltd spurted 3.66% to Rs. 1343.00 after reporting higher-than-expected net profit in Q1 June 2009.
Gujarat State Petronet Ltd zoomed 4.83% to Rs. 66.15 after net profit increased phenomenally 146.6% to Rs. 80.49 crore on a 76.4% rise in sales to Rs. 210.82 crore in Q1 June 2009 over Q1 June 2008.
Bharat Forge Ltd shoot up 6.72% to Rs. 170.00 after the company expressed positive outlook for the future at the time of announcing Q1 June 2009 results
Idea Cellular surged 3.53% to Rs. 80.55 after net profit grew 14.7% to Rs. 309.21 crore on a 29.7% increase in sales to Rs. 2817.94 crore in Q1 June 2009 over Q1 June 2008.
Ambuja Cements Ltd plunged 2.06% to Rs. 94.95 after net profit sunk 43.74% to Rs 324.65 crore in Q2 June 2009 over Q2 June 2008.
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