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By:

Quaid Najmi

4 January 2025 at 3:26:24 pm

Commercial LPG 'evaporates' in Maharashtra

Mumbai : The short supply of commercial LPG cylinders turned ‘grim’ on Wednesday as hundreds of small and medium eateries – on whom the ordinary working Mumbaikars depend on for daily meals – shut down or drastically trimmed menus, on Wednesday.   With an estimated 50,000-plus hotels, restaurants and small food joints, the crunch is beginning to be felt severely, said Federation of Hotel and Restaurant Association of India (FHRAI) vice-president and Hotel and Restaurant Association Western...

Commercial LPG 'evaporates' in Maharashtra

Mumbai : The short supply of commercial LPG cylinders turned ‘grim’ on Wednesday as hundreds of small and medium eateries – on whom the ordinary working Mumbaikars depend on for daily meals – shut down or drastically trimmed menus, on Wednesday.   With an estimated 50,000-plus hotels, restaurants and small food joints, the crunch is beginning to be felt severely, said Federation of Hotel and Restaurant Association of India (FHRAI) vice-president and Hotel and Restaurant Association Western India (HRAWI) spokesperson Pradeep Shetty.   “We are in continuous touch with the concerned authorities, but the situation is very gloomy. There is no response from the Centre or the Ministry of Petroleum on when the situation will ease. We fear that more than 50 pc of all eateries in Mumbai will soon down the shutters. The same will apply to the rest of the state and many other parts of India,” Shetty told  ‘ The Perfect Voice’ .   The shortage of commercial LPG has badly affected multiple sectors, including the hospitality and food industries, mass private or commercial kitchens and even the laundry businesses, industry players said.   At their wits' ends, many restaurateurs resorted to the reliable old iron ‘chulhas’ (stoves) fired by either coal or wood - the prices of which have also shot up and result in pollution - besides delaying the cooking.   Anticipating a larger crisis, even domestic LPG consumers besieged retail dealers in Mumbai, Pune, Chhatrapati Sambhajinagar, Ratnagiri, Kolhapur, Akola, Nagpur to book their second cylinder, with snaky queues in many cities. The stark reality of the 12-days old Gulf war with the disturbed supplies has hit the people and industries in the food supply chains that feed crores daily.   “The ordinary folks leave home in the morning after breakfast, then they rely on the others in the food chain for their lunch or dinner. Many street retailers have also shut down temporarily,” said Shetty.   Dry Snacks A quick survey of some suburban ‘khau gullies’ today revealed that the available items were mostly cold sandwiches, fruit or vegetable salads, cold desserts or ice-creams, cold beverages and packed snacks. Few offered the regular ‘piping hot’ foods that need elaborate cooking, or charging higher than normal menu rates, and even the app-based food delivery system was impacted.   Many people were seen gloomily munching on colorful packets of dry snacks like chips, chivda, sev, gathiya, samosas, etc. for lunch, the usually cheerful ‘chai ki dukaans’ suddenly disappeared from their corners, though soft drinks and tetrapaks were available.   Delay, Scarcity  Maharashtra LPG Dealers Association President Deepak Singh yesterday conceded to “some delays due to supply shortages” of commercial cylinders, but assured that there is no scarcity of domestic cylinders.   “We are adhering to the Centre’s guidelines for a 25 days booking period between 2 cylinders (domestic). The issue is with commercial cylinders but even those are available though less in numbers,” said Singh, adding that guidelines to prioritise educational institutions, hospitals, and defence, are being followed, but others are also getting their supplies.   Despite the assurances, Shetty said that the current status is extremely serious since the past week and the intermittent disruptions have escalated into a near-total halt in supplies in many regions since Monday.   Adding to the dismal picture is the likelihood of local hoteliers associations in different cities like Pune, Palghar, Nagpur, Chhatrapati Sambhajinagar, and more resorting to tough measures from Thursday, including temporary shutdown of their outlets, which have run out of gas stocks.

Tycoon who revamped an Indian conglomerate to a global might

Updated: Oct 22, 2024

Tycoon

From working on the shop floor of Tata Steel in 1961 after graduating in architecture to becoming its chairman and later on the group chairman, the doyen of Indian industry -- Ratan Tata during his tenure grew the India-centric conglomerate – Tata Group into a global force to reckon with.


Before he joined the helm of affairs at the Tata group, its revenue was by and large coming from commodities, but he had the foresight to grow the group inorganically by acquiring global brands with Tata Tea, Tata Motors and Tata Steel acquiring Tetley, Jaguar Land Rover and Corus, respectively.


All of his inorganic initiatives bore fruit as close to 50 percent of Tata group’s revenue of USD 165 billion now come from global operations.


During his tenure as the group chairman from 1991-2012, the group exited ACC – the cement commodity business despite being profitable to pursue global acquisition while listing TCS in 2004 that fueled growth and derived dividends for the group’s philanthropic initiatives.


In 2008, he fulfilled his promise to offer the world’s cheapest car – Tata Nano at a price tag of Rs 1 lakh, affordable to the Indian middle class and a mark of innovation.


His vision about acquiring companies not only brought about his financial acumen with respect to large global brands and conglomerates, but also about investing in start-ups including Snapdeal, Paytm, Ola, Cardekho, FirstCry, Lenskart, Nestaway, Urban Ladder, Urban Company, Generic Aadhaar among several others.


Born in Mumbai in December 1937 and completing his primary schooling within the city, Ratan Tata was adopted into the Tata family.  He later enrolled in Cornell University from which he graduated with a degree in architecture in 1959.


“….he was a businessman for whom financial wealth and success was most useful when it was put to the service of the global community,” said industrialist Anand Mahindra in his tweet.


As a staunch supporter of education, healthcare and rural development, Ratan Tata – the philanthropist supported University of New South Wales faculty of engineering to develop capacitive deionization in order to provide quality water for challenging areas.


He funded several initiatives for genetics, biological and physical sciences to foster collaboration and innovation among researchers to address infectious diseases including gene editing stem cell therapy and the need for sustainable food sources.


Post retirement, he led a very modest life living in Colaba in South Mumbai with his two dogs – Tito (German Shepherd) and Tango (Golden Retriever) but continued to leave a lasting legacy as a corporate and philanthropic citizen.


In the year 2000, Ratan Tata was recognized with third highest civilian honour – Padma Bhushan and with second highest civilian honour Padma Vibhushan in 2008 as also with state civilian honour like Maharashtra Bhushan.


As renowned industrialist Harsh Goenka aptly puts it, “……a beacon of integrity, ethical leadership and philanthropy, who has imprinted an indelible mark on the world of business and beyond.”

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