JNPT may sail into Mumbai landmark - Air India Building
Mumbai, June 27: If all goes according to plan, the country's premier container terminal, Jawaharlal Nehru Port Trust (JNPT) may buy out Mumbai's landmark, the Air India Building, the erstwhile headquarters of the country's flag-carrier, official sources indicated here on Wednesday.
The Central government has already set in motion the process for the proposed sale - as part of an innovative measure to raise funds for the beleaguered airline after recent efforts for a strategic disinvestment proposal crash-landed.
Well-placed sources from the JNPT confirmed that a high-level committee from the Civil Aviation Ministry and Shipping Ministry has been constituted to work out the nitty-gritties including the valuation of building sitting on one of the most prime pieces of real estate in the world, Nariman Point.
"So far, we have not received any official communication in this regard, but we are hopeful it will come in due course," an official, who declined to be identified, told here.
The developments follow a green signal from the PMO and an inter-ministerial panel formed to hammer out the modalities of the proposed sale, as well other aspects like the name of building, its existing tenants which are source of huge revenue for the national carrier.
Some prominent realtors in south Mumbai declined to speculate a probable value for the majestic white-hued 23-storeyed tower standing at the entrance of Nariman Point on the Arabian Sea at the southern end of Marine Drive, with the AI's massive revolving logo on its terrace visible from long distances in south Mumbai.
However, they explain that given its "ultra-prime location in the heart of the CBD", it could fetch a very handsome figure for the AI, which is buried under accumulated debts of around Rs 50,000 crore.
After the deal finalizes smoothly, besides the JNPT, only PSU Shipping Corporation of India would be having its own skyscraper at Nariman Point, the area which has the offices of several major Indian and international shipping companies and allied services, plus a couple of five-star hotels and an arts complex, prominent media houses, and the Mantralaya - the Maharashtra government headquarters.
The Air India Building, among the most sought-after commercial addresses in the city, was one of the 13 prominent targets during the March 12, 1993 serial bombings in Mumbai, considered the biggest single act of terror which left 257 dead and 713 injured in a matter of two hours.
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7 killed in temple wall collapse in Andhra, CM announces Rs 25 lakh ex gratia to kin of deceased
Visakhapatnam (PTI): Seven people were killed when a rain-soaked wall collapsed at the Sri Varaha Lakshmi Narasimha Swamy Temple in Simhachalam, here, in the early hours of Wednesday, the government said.
Andhra Pradesh Chief Minister N Chandrababu Naidu expressed deep sorrow and said he had spoken to the Collector and SP and asked treatment be provided to the injured.
"Deeply saddened by the death of seven devotees at Simhachalam.... my condolences to the families. I'm closely monitoring the situation and have ordered continuous review and support for victims," said Naidu in a post on 'X'.
According to government sources only one person sustained injuries apart from those killed.
The Chief Minister, who reviewed the situation via teleconference, announced an ex gratia of Rs 25 lakh each to the kin of the deceased and Rs 3 lakh each to the injured, an official release said adding an outsourcing job in temples under the Endowments Department will be provided to a family member of each victim.
He also ordered an inquiry into the incident by a three-member committee.
Reacting to the incident Prime Minister Narendra Modi in a post on X said “Deeply saddened by the loss of lives due to the collapse of a wall in Visakhapatnam, Andhra Pradesh. Condolences to those who have lost their loved ones. May the injured recover soon.”
PM Modi also announced an ex-gratia of Rs 2 lakh from PMNRF to the next of kin of each deceased and Rs 50,000 to the injured.
Telangana CM A Revanth Reddy also condoled the deaths.
State Home Minister V Anitha said preliminary reports indicated that the wall collapse at the temple was triggered by soil loosening due to heavy rains in the area.
The annual Chandanotsavam at Sri Varaha Lakshmi Narasimha Swamy temple in Simhachalam witnessed both grandeur and grief on Wednesday, as thousands gathered to witness the Nijaroopa darshanam of the Lord.
The wall collapsed on the Rs 300 ticket queue line near the shopping complex on the ghat road from Simhagiri Bus Stand at around 3 am. Heavy overnight rains and strong winds are suspected to have loosened the soil, causing the structure to fall, Anitha told reporters.
Anitha, present at the temple during the incident, visited the site immediately.
“We were all drenched in rain. As I came out of the temple, I was informed about the incident. The injured were rushed to hospital,” she said, emphasizing that there was no negligence in the rescue response.
An official from the temple said that the cause appears to be structural failure triggered by rains, but a detailed probe is underway.
Endowments Minister Ramanarayana Reddy called the tragedy unfortunate and announced stronger safety protocols.
Rescue operations are underway, with teams from the National Disaster Response Force (NDRF) and state authorities pressed into service.
According to State Disaster Response Force (SDRF) personnel, eight devotees were trapped under the debris, and seven bodies—three women and four men—were extricated during the rescue operation.
Former CM YS Jagan Mohan Reddy expressed shock and urged for best medical support to the injured and compensation to the victims' families.
The injured have been shifted to a hospital, officials added.
Earlier this year, six devotees waiting to collect tokens for Vaikunta Dwara Darshanam at Lord Venkateswara Swamy temple on Tirumala Hills, were killed in a stampede in Tirupati.
