MUMBAI: Tata Consultancy Services's HQ on Raveline Street in Fort remained closed for the second working day due to the Maratha protests causing traffic congestion and inconvenience for office-goers in south Mumbai.
The HQ was closed on Friday and Monday, and will also be shut on Tuesday. TCSers have been instructed to work from home (WFH) or from the IT giant's other offices in the city.
Other companies with offices in south Mumbai have also issued traffic advisories to their employees, allowing them to WFH with consultation from their respective managers or function directors, or from their alternative branches in the city.
Organisations such as Reliance Industries, State Bank of India, HSBC, Deutsche Bank, Shapoorji Pallonji Group, Reserve Bank of India, and Bombay Stock Exchange have offices in south Mumbai. Some protesters attempted to enter BSE's premises on Monday, but were stopped by security.
About 40% of commercial activity has been impacted by the Maratha protests. Events, including one hosted by a foreign state agency, were relocated from Taj Colaba to the Oberoi in Nariman Point over the weekend after protesters entered the Tata Group-managed hotel.
Despite the disruptions, various bank branches in south Mumbai were open for business on Monday.
"Routes leading to CSMT and surrounding areas are still experiencing closures or heavy diversions. Vehicle movement on the approach road to the office remains restricted," read a travel advisory issued by a large company to its employees on Monday evening.
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Reeba Zachariah is assistant corporate editor at The Times of Ind...
Read MoreReeba Zachariah is assistant corporate editor at The Times of India, Mumbai. She has been covering large Indian business houses such as the Tata Group. She also reports on a host of sectors like hospitality, retail, travel, liquor and consumer durables. She has been writing on mergers and acquisitions and private equity.
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