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Nifty 50 firms record 92 fatalities at their industrial operations in FY24

Number of such incidents has risen from 75 a year ago at the same set of firms

Work hazard
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Of the 29 firms, four companies — Tata Steel, Adani Ports and Special Economic Zone (APSEZ), and Coal India (CIL) — saw more than five lives lost in such incidents in FY24

Amritha Pillay Mumbai

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National Stock Exchange Nifty 50 companies failed to rein in the incidence of fatalities at their industrial operations in 2023-24 (FY24), with 92 lives lost during the period, higher than those recorded in the previous year.
 
Of the Nifty 50 companies (excluding banks, financial services, and technology companies), continuous three-year data related to fatalities at work were available for 29 companies.
 
Data compiled from the Business Responsibility and Sustainability Report show that these 29 companies reported 92 fatalities — employee lives lost in one or more incidents of accidents while undertaking their business operations — in FY24. These numbers include

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