IMAGINE A DAY IN FLOOD COST “225 CRORE LOSS” FOR IT COMPANY
IMAGINE A DAY IN FLOOD COST “225 CRORE LOSS” FOR IT COMPANY AND BANKING FIRM IN BANGLORE .In a letter to Chief Minister Basavaraj Bommai, the Outer Ring Road Companies Association (ORRCA) claimed that IT companies and banking institutions in the ORR area had suffered losses of 225 crore due to the torrential rains and flooding on August 30.
The group claimed that on August 30, when Bengaluru was brought to its knees by heavy rains and flooding in the Outer Ring Road area, a loss of around 225 crores was incurred in a single day. FLOOD COST “225 CRORE LOSS” FOR IT COMPANY
THEIR STAFF WAS STUCK FOR ALMOST 5 TO 8 HOURS, WHICH LED TO A HEAVY LOSS FOR THE BANKING AS WELL AS IT SECTOR COMPANIES.
THE ORGANISATION ALSO, APPEALED FOR A BETTER INFRASTRUCTURE, WHICH THE CITY IS FACING AND NEEDS TO BE ADDRESSED SOON. AS OF NOW, IT LED TO A CRISIS LEVEL.
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