Cracked Lal­baug fly­over re­opens for a day af­ter tem­po­rary re­pairs Fad­navis’ pet projects fail to find any tak­ers

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - FRONT PAGE - San­jana Bhalerao san­jana.bhalerao1@hin­dus­tan­times.com Ke­taki Ghoge ke­taki.ghoge@hin­dus­tan­times.com Ram­surya Mami­denna let­ters@hin­dus­tan­times.com

The Lal­baug fly­over, which has been shut for com­muters since Wed­nes­day night af­ter a gap was spot­ted on the six-year-old bridge, will be open on Fri­day. Rea­son: The civic body has re­paired the gap tem­po­rar­ily. The in­ci­dent has again raised doubts over the qual­ity of the bridge’s con­struc­tion.

The bridge is likely to re­main open just on Fri­day, how­ever, be­cause the BMC will un­der­take re­pairs again on Satur­day and Sun­day.

Chief min­is­ter Deven­dra Fad­navis’ am­bi­tious plan to ex­pand Mum­bai’s busi­ness dis­tricts and re­vi­talise its fi­nan­cial hub tag may have hit a road block.

A year af­ter the state gov­ern­ment an­nounced plans to set up a busi­ness district in Oshi­wara on the lines of Ban­dra-Kurla Com­plex (BKC), plan­ning author­ity Mum­bai Met­ro­pol­i­tan Re­gion De­vel­op­ment Author­ity (MM­RDA) has ad­mit­ted there is no de­mand for com­mer­cial units in the pro­posed Oshi­wara District Cen­tre (ODC). The lack of in­ter­est from com­mer­cial es­tab­lish­ments has now forced the state’s ur­ban de­vel­op­ment depart­ment to mod­ify its plan­ning no­ti­fi­ca­tion is­sued in Novem­ber last year to grant com­mer­cial units FSI of up to 4 in the area. The no­ti­fi­ca­tion is­sued by the depart­ment last week said the MM­RDA had writ­ten about the lack of in­ter­est from com­mer­cial units in May. It has now pro­posed mixed user de­vel­op­ment in the area, rout­ing much of the ex­cess FSI for res­i­den­tial de­vel­op­ment.

Tata Sons made its first move on Thurs­day to wrest con­trol of group com­pa­nies by re­plac­ing Cyrus Mistry and nom­i­nat­ing group vet­eran Ishaat Hus­sain as the chair­man of TCS, the con­glom­er­ate’s most­prof­itable com­pany.

The board­room bat­tle for con­trol of the $103-bil­lion Tata group also saw for the first time the war­ring sides trade charges, counter-charges on the same day and dis­close cru­cial in­for­ma­tion, that apart from paint­ing a dis­mal fi­nan­cial pic­ture reaf­firms what most an­a­lysts have been say­ing, that Tata Con­sul­tancy Ser­vices and Jaguar Land Rover alone ac­count for 90% of the group’s prof­its.

The un­prece­dented no-holds barred at­tack from Tata Sons saw the 150-year old con­glom­er­ate ac­cuse Mistry of be­tray­ing trust and of adopt­ing de­vi­ous means to usurp con­trol of key group com­pa­nies.

The Tatas ini­ti­ated Thurs­day’s at­tack by first nom­i­nat­ing group vet­eran Hus­sain as TCS chair­man and sub­se­quently call­ing for ex­tra­or­di­nary gen­eral meet­ings at TCS and In­dian Ho­tels to vote out Mistry as a direc­tor.

The trig­ger for such a move was the un­ex­pected ral­ly­ing of in­de­pen­dent di­rec­tors of In­dian Ho­tels last week, en­dors­ing Mistry’s lead­er­ship, which hit at the Tatas’ stance of non­per­for­mance by Mistry.

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