Karnataka: Eight die in bus accident

Sheri Evans
January 14, 2018

At least eight people were killed and over 10 others injured after a passenger bus fell off a bridge into a pond in the southern Indian state of Karnataka on Saturday, police said.

The bus was on its way to Dharmastala from Bengaluru when the incident took place.

Of the 44 passengers, the 30 injured passengers were rushed to a state-run hospital at Hassan for treatment after they were extricated from the mangled bus. When it reached Shantigrama, the speeding vehicle hit the road divider and fell off the bridge around 3.30 am. However, a press release issued by the KSRTC in Bengaluru said that as per the tracking and monitoring system records, the speed of the bus was 59 km/hr at the time of the accident.

Crude prices continue to grow
This week, the API is reporting another build in gasoline inventories of 4.338 million barrels for the week ending January 5. West Texas Intermediate (WTI) crude futures were at $63.44 a barrel, 0.8 percent above their last settlement.

SunTrust Banks Target of Unusually Large Options Trading (STI)
The investment professionals in our partner's database now own: 375.36 million shares, down from 385.84 million shares in 2017Q2. Currently, 0.50% of NRG Energy, Inc. (NYSE:STI) earned "Market Perform" rating by BMO Capital Markets on Monday, October 19.

Colfax (CFX) Updates FY18 Earnings Guidance
Clint Murray decreased its stake in Colfax Corp ( CFX ) by 7.36% based on its latest 2017Q3 regulatory filing with the SEC. The stock of Colfax Corporation (NYSE:CFX) earned "Outperform" rating by RBC Capital Markets on Friday, January 13.

The Corporation also awarded silver medal to 82 drivers who have not caused any accident or violated any rules for five years. The fitness certificate of the bus was valid till April 12.

Neurosurgeon Dr Venkataramana N K said the Trust will work with the KSRTC to bring down the number of deaths in accidents involving KSRTC buses. State Transport Minister H.M. Revanna expressed shock over the accident and announced Rs 3 lakh compensation to the kin of all the deceased.

Other reports by

Discuss This Article