August 30 floods: IT firms, banks on ORR say they lost ₹225 crore in a single day
2 years, 3 months ago

August 30 floods: IT firms, banks on ORR say they lost ₹225 crore in a single day

The Hindu  

IT firms and banking establishments in the Outer Ring Road area have incurred a loss of ₹225 crore owing to the heavy rains and flooding on August 30, said Outer Ring Road Companies’ Association in a letter to Chief Minister Basavaraj Bommai. Seeking Mr. Bommai’s attention to address the “appalling infrastructure” in the ORR region in particular and the city in general, ORRCA said half a million professionals were employed along the ORR region between Central Silk Board and Krishnaraja Puram corridor. “Heavy rains and flooding in the Outer Ring Road area on August 30, which brought parts of Bengaluru to its knees, led to a loss of about ₹ 225 crore in a single day,‘‘ the association said. Flooding on ORR on August 30 has led to a loss of ₹225 crore as professionals were stuck on the road for more than five hours,’‘ ORRCA said in its letter.

History of this topic

Mandalas Cry for Help: MNCs Considering Relocating From Bengaluru Due to Poor Infrastructure
2 months ago
Amid Flooding ORR-deal, How Bengaluru's Electronic City Steered Away From Troubled Waters
2 years, 3 months ago
Why is Bengaluru flooded? Who is responsible for this man-made disaster?
2 years, 3 months ago
Heavy rain brings Bengaluru to its knees
2 years, 3 months ago
Bengaluru rains live | Flooded roads and homes leave citizens adrift, techies on ORR asked to work from home
2 years, 3 months ago
Bengaluru rains | Major roads completely inundated again after overnight heavy downpour
2 years, 3 months ago
Karnataka CM announces ₹25,000 compensation for flooded homes, ₹5 lakh for those killed in Bengaluru rains
2 years, 7 months ago

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