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Mumbai, June 5 (UNI) A massive fire broke out at the Monginis cake shop located inside Churchgate railway station in south Mumbai on Thursday. The incident was reported at approximately around 5.27 PM in the evening. According to preliminary information, the fire erupted in the shop situated within the premises of Churchgate station was doused within half an hour. However, no injury was reported in this incident. The reason of the fire has yet to be ascertained. UNI AAA SS
Mumbai | New Delhi: Homegrown private equity firm ChrysCapital has agreed to acquire pan-India bakery chain Theobroma Foods for ₹2,410 crore, said people with knowledge of the matter. According to an agreement signed between the parties, ChrysCapital will buy around 90% stake from the company's promoters and existing investor ICICI Venture. The promoters will retain about a 10% stake, the people said. ICICI Venture holds a 42% stake in Theobroma. In 2017, ICICI Venture bought the stake for $2 ...Read More >
MUMBAI: The fire in a fast food stall at Churchgate railway terminus on Thursday evening has raised safety concerns for the Western Railway (WR). The railway and the Indian Railway Catering and Tourism Corporation (IRCTC) have initiated a fire safety audit at Churchgate as well as Mumbai Central stations, where all food stalls are being inspected. In a second phase, stalls selling edibles along the railway's entire suburban stretch will be audited for fire safety. Also, a five-member committee is investigating the cause of Thursday's blaze. The team said the fire could have been caused by fau ...Read More >