Latest news with #AnilMore
Time of India
19-06-2025
- Time of India
Mumbra train accident toll five as 52-year-old succumbs to injuries after 10 days
Thane: Anil More, a 52-year-old passenger injured in the June 9 Mumbra train-fall incident, died on Thursday at a private hospital in Thane, taking the death toll to five after 10 days. Tired of too many ads? go ad free now More, a Vasind resident on the Kalyan-Kasara route, worked as a peon at a school in Kalwa for 32 years. He was travelling on the Kasara-CSMT local and reportedly was near the footboard in order to alight at the next station, Thane, when the accident occurred. He was one of the eight passengers who fell off the train at Mumbra station, an incident that left four dead and four injured at the time. Six others suffered injuries but they either stayed on board or were saved by co-passengers. The trains were reportedly moving at 75kmph to 80 kmph on a bend near platforms 3 and 4. More and another passenger sustained serious head injuries and were first taken to CSMH hospital in Kalwa before being shifted to a private hospital. More remained in the ICU for 10 days in critical condition before passing away. He is survived by his wife Bharati, an anganwadi sevika, and two children, Ashish and Asavari, both students. Neighbours in Vasind's Siddharth Nagar complex remember him as jovial and helpful. Activists criticised the railway administration for neglecting local train services beyond Kalyan towards Kasara and Karjat, which mostly run at longer intervals — insufficient for the growing population. "We demand shuttle services from these suburbs to Kalyan or Thane to ease crowding," said railway activist Rajesh Ghangav. Tired of too many ads? go ad free now "Also, Diva halts for Kasara-Karjat and Khopoli trains should be removed and replaced with services starting from Kalyan, Titwala, or Ambernath." More's neighbour and passenger activist Sachin Ghegade questioned delays in medical aid, noting More was injured around 9.15 am but treatment started only after admission to the private hospital. "He was first taken 7 km to Kalwa hospital, then another 4 km to the private hospital, losing valuable time," he said. The railway police were in the process of filing an accidental death report, said officials.
Time of India
19-06-2025
- Health
- Time of India
Passenger injured in Mumbra train mishap dies after 10 days in ICU; toll rises to 5
A 51-year-old passenger, Anil More, died from injuries sustained in the Mumbra train accident. The accident occurred last Monday. More's death raises the total death count to five. THANE: A 51-year-old passenger injured in last Monday's Mumbra train mishap succumbed to his injuries Thursday morning at a private hospital in Thane city, taking the toll to five, officials informed. The deceased, identified as Anil More, was a resident of Shahpur and worked in Kalwa. He was travelling on the footboard in the CSMT-bound local that originated from Kasara and was among those who fell off the train in the incident, which left four others dead and nine injured to date. It may be recalled that around four passengers died and ten suffered injuries in a freak mishap after falling off two suburban trains headed in opposite directions as they were crossing each other on adjoining tracks at the Diva-end of Mumbra railway station. More, along with another passenger who fell off the train, suffered serious head injuries and was admitted in critical condition to the CSMH Kalwa hospital. He was later shifted to the private hospital, where he was in the ICU for the last ten days. His condition remained critical. He eventually passed away Thursday morning, informed a hospital staff member. More's body was being taken to the civil hospital for post-mortem, following which it would be handed over to his family by Thursday evening, the Thane railway police said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Memperdagangkan CFD Emas dengan salah satu spread terendah? IC Markets Mendaftar Meanwhile, activists have questioned the apathy shown by the railway administration in increasing local services to the extended suburbs beyond Kalyan towards Kasara and Karjat, which presently operate at an interval of over an hour, inadequate considering the growth in these regions. 'We have been demanding shuttle services till Kalyan or Thane from these far-off suburbs, which will greatly help reduce the crowding. Also, we have been demanding that Diva halts to Kasara-Karjat and Khopoli trains be removed and instead those originating from Kalyan, Titwala, or Ambernath be introduced,' said railway activist Rajesh Ghangav.
Time of India
19-06-2025
- General
- Time of India
Passenger injured in Mumbra train mishap succumbs to injuries in Thane hospital
Representative Image THANE: A 51-year-old passenger injured in last Monday's Mumbra train mishap succumbed to his injuries on Thursday morning at a private hospital in Thane city, taking the death toll to five, officials said. The deceased, identified as Anil More, was a resident of Shahpur and worked in Kalwa. He was travelling on the footboard of a CSMT-bound local that originated from Kasara and was among those who fell off the train during the incident, which has left five dead and nine injured so far. It may be recalled that four passengers had initially died and ten were injured in a freak accident after falling off two suburban trains headed in opposite directions as they crossed each other on adjoining tracks at the Diva-end of Mumbra railway station. More, along with another passenger, had suffered serious head injuries and was admitted in critical condition to CSMH Kalwa hospital. He was later shifted to a private hospital, where he remained in the ICU for the past ten days. His condition remained critical and he passed away on Thursday morning, a hospital staffer confirmed. His body was taken to the civil hospital for post-mortem, following which it would be handed over to his family by Thursday evening, the Thane railway police said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 年最紓壓的農場遊戲！無需安裝 東加：島嶼農場 立即播放 Undo Meanwhile, activists have questioned the apathy shown by the railway administration in increasing local train services to extended suburbs beyond Kalyan towards Kasara and Karjat. Services currently run at intervals of over an hour—far from adequate given the growing population in these areas. 'We have been demanding shuttle services till Kalyan or Thane from these far-off suburbs, which would greatly help reduce crowding. We have also demanded that Diva halts for Kasara-Karjat and Khopoli trains be removed and that services originating from Kalyan, Titwala, or Ambernath be introduced instead,' said railway activist Rajesh Ghangav.
Time of India
21-05-2025
- Automotive
- Time of India
Automotive component sector likely to clock 7-9% revenue growth in FY26: Crisil
Domestic automotive component sector is expected to clock 7-9 per cent revenue growth this fiscal, mirroring last fiscal, driven by sustained demand momentum from two-wheelers and passenger vehicles segments especially utility vehicles, which account for nearly half of the overall revenue, ratings agency Crisil said on Wednesday. It also said that while a moderate uptick in commercial vehicles and tractors sales (around 17 per cent share) will provide an additional tailwind, the aftermarket segment (15 per cent share in revenue) is seen ticking along steadily at 5-7 per cent. However, weak demand for new vehicles in the US and Europe (around 60 per cent of India's exports), presents headwinds. "Demand from automotive OEMs, contributing two-thirds of total revenue, is expected to grow 8-9 per cent this fiscal, with value outpacing volume on rising safety, emission and electronic content, especially in PVs and 2Ws," said Poonam Upadhyay, Director at Crisil Ratings. The aftermarket segment will log a steady 6-7 per cent growth, supported by an ageing vehicle base, she said, adding export growth, however, will moderate to 7-8 per cent amid weak demand for internal combustion engine vehicles and a deceleration in electric vehicle adoption across the US and Europe. Live Events The US, while contributing just around 5 per cent to total revenue, commands a dominant 28 per cent share of export earnings and is the fastest-growing auto component market, said Crisil. The 25 per cent tariff planned by the US can hurt companies heavily reliant on this geography, as per the ratings agency. According to Crisil, operating margins are seen stable at 12-12.5 per cent, driven by growing share of high-margin components such as ADAS (Advanced Driver Assistance System) modules, infotainment systems and advanced braking. A decline in input cost -- particularly of steel (45-50 per cent share in input costs), aluminium (15-20 per cent), and plastics (10-12 per cent) -- used for structural rigidity, reducing vehicle weight and for interiors will support profitability. But pressure from new tariffs can dent the margins of companies exporting largely to the US, it stated. As per Crisil, continuing high capital spend will be funded primarily by internal accruals. This, along with tight control over working capital, will ensure low dependence on external borrowing, keeping credit profiles stable. "The share of high-margin, technology-intensive components now account for around 27 per cent of the segment's revenue, up from around 18 per cent before Covid-19, driven by premiumisation, and stricter emission norms," said Anil More, Associate Director, Crisil Ratings. This structural shift, along with easing input costs, will help players sustain operating margins at 12-12.5 per cent this fiscal despite the global headwinds. However, companies with high export dependence on the US market may see margins compress 125-150 basis points amid limited ability to pass on tariffs, according to him. The rating agency also said that the sector's credit outlook for this fiscal is stable owing to strong cash flows and minimal debt addition, despite sustained capex of around Rs 22,000 crore for scaling EV capabilities, automation and precision manufacturing - in tune with model launches that increasingly feature EVs. However, with EVs forming just around 4 per cent of PV volume, their revenue contribution remains marginal, keeping returns from this category of vehicles muted in the near term, Crisil said. Economic Times WhatsApp channel )
&w=3840&q=100)
Business Standard
21-05-2025
- Automotive
- Business Standard
Auto parts sector to grow 7-9% in FY26, driven by 2W, PV demand: Crisil
India's auto components industry is expected to grow 7-9 per cent in FY26, maintaining last fiscal's pace, supported by strong domestic demand from two-wheelers (2Ws) and passenger vehicles (PVs) — especially utility vehicles — which together account for nearly half of the sector's revenues. Crisil's analysis covered component manufacturers accounting for 35 per cent of the sector's Rs 7.9 trillion revenue in FY25. A moderate recovery in commercial vehicles and tractor sales, which contribute around 17 per cent to overall revenue, is also expected to support growth, according to a report by Crisil Ratings. The aftermarket segment, with a 15 per cent revenue share, is projected to grow steadily at 5-7 per cent, aided by an ageing vehicle fleet. However, global headwinds persist. Weak demand for new vehicles in the US and Europe — destinations for about 60 per cent of India's auto component exports — could weigh on the sector's export performance, which is expected to moderate to 7-8 per cent growth this year. Operating profitability is likely to remain range-bound at 12-12.5 per cent, supported by a growing share of high-margin, technology-intensive components such as Advanced Driver Assistance Systems (ADAS), infotainment systems, and advanced braking modules. Input costs have also eased, particularly for steel, aluminium, and plastics, which account for over 70 per cent of raw material costs. Still, proposed US tariffs of 25 per cent on certain imports threaten to dent the margins of exporters significantly reliant on that market. The US alone makes up just 5 per cent of total sector revenue but contributes 28 per cent to export earnings and remains the fastest-growing export destination. 'The share of high-margin components has increased from around 18 per cent pre-Covid to nearly 27 per cent now, thanks to growing premiumisation and stricter global emission norms,' said Anil More, Associate Director, Crisil Ratings. 'This structural shift and falling input costs will support stable margins despite global headwinds. However, companies with high exposure to the US may see a margin squeeze of 125-150 basis points, given limited room to pass on new tariffs.' Demand from original equipment manufacturers (OEMs) — which generate two-thirds of total revenue — is expected to grow 8–9 per cent this fiscal, with value growth outpacing volumes amid rising safety, emission, and electronic content in 2Ws and PVs. Capital expenditure is expected to remain high at around Rs 22,000 crore as companies invest in EV capabilities, automation, and precision manufacturing to keep pace with evolving model launches. However, electric vehicles currently constitute just 4 per cent of PV volumes, keeping their revenue contribution limited in the near term. Despite these challenges, the sector's credit outlook remains stable due to strong internal accruals, controlled working capital, and minimal reliance on external debt.
