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Rains, floods devastate Chennai: Rs.15,000 crore loss estimated

Life in the Tamil Nadu capital was crippled on Wednesday as fresh downpour worsened an already disastrous flood situation, posing danger to thousands of people in low-lying areas

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Chennai: Life in the Tamil Nadu capital was crippled on Wednesday as fresh downpour worsened an already disastrous flood situation, posing danger to thousands of people in low-lying areas.

The financial loss may exceed Rs.15,000 crore, an industry lobby body said, as weather forecasting agencies predicted heavy rain to continue for at least the next two days.

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