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29 killed 18 injured in Yamuna Expressway accident

first_imgAgra: Twenty-nine people were killed and 18 injured after a Lucknow-Delhi state-run bus skidded off the Yamuna Expressway and fell into a large drain in Uttar Pradesh in the early hours of Monday, officials said. The accident occurred around 4:30 am in Etmadpur, around 200 km from the national capital, they said. The operation to pull out the mangled remains of the bus from the bottom of the 20-foot-high bridge took several hours, with two excavators and a crane being deployed for the salvage exercise. Also Read – IAF Day: Tributes paid to soldiers killed in line of duty in Jammu The injured have been admitted to different hospitals, including a private health facility, in the district, the officials said. Chief Minister Yogi Adityanath has formed a committee to probe the reasons behind the accident and directed it to submit a report, Additional Chief Secretary Information, Awanish Awasthi, said. “As per the district magistrate (of Agra) 29 persons have died. The bus fell into a ‘nallah’ (drain),” he said The Uttar Pradesh Roadways will pay ex gratia of Rs 5 lakh to the next of kin of the deceased, the officials said. Also Read – Pak activated 20 terror camps, 20 launch pads along LoC “One sleeper coach passenger bus travelling from Lucknow to Delhi met with an accident on Yamuna Expressway (sic),” the Uttar Pradesh Police said on Twitter. The Janrath bus of the Uttar Pradesh Roadways’ Awadh Depot was going from Lucknow to the national capital’s Anand Vihar ISBT, the officials said. The 165-km six-lane expressway connects Noida with Agra in Uttar Pradesh. The chief minister expressed his condolences and has directed the Agra district magistrate and senior superintendent of police to ensure the injured get proper medical treatment, the officials said. He has asked his deputy Dinesh Sharma and Minister of State for Transport Swatantra Dev Singh to immediately visit the accident site. The committee, comprising the transport commissioner, divisional commissioner and an inspector general of police, will investigate the incident in 24 hours, the chief minister has directed. It will give a report on the cause of the accident and also suggest long-term measures to avoid such mishaps, Awasthi said. Defence Minister Rajnath Singh tweeted that BJP state general secretary Pankaj Singh has gone to the spot. “I convey my condolences and pray for the speedy recovery of those injured. I have spoken to CM Yogi Adityanath about it. He has sent Deputy CM Dinesh Sharma and Transport Minister Swatantra Dev Singh to the spot,” he said. West Bengal Chief Minister Mamata Banerjee condoled the death of the 29 passengers. “Saddened to hear about the tragic loss of lives because of another bus accident, this time near Agra. My heartfelt condolences to the grieving families. I wish the injured a speedy recovery. Let us all follow #SafeDriveSaveLife” she tweeted.last_img read more

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Goodman students stock rises after acing national competition

A national finance competition has named fourth-year Goodman School of Business student Ishan Patel among its top one per cent of best performing finance portfolios.The portfolio management challenge run by Capitalize for Kids, a non-profit organization supporting children’s brain and mental health programs, saw 1,500 students from across Canada participate in a virtual trading competition from Oct. 2 to Dec. 29, 2017.In results released earlier this month, Patel’s stock portfolio was listed as 15th out of 1,500.Starting with $1-million in virtual currency, students bought and sold stock through the simulation with a goal to grow their portfolio as much as possible over 12 weeks.The top 200 performers were invited to submit a written report detailing the strategies and analysis they used.While Patel originally ranked 20th, he rose to the 15th spot after his report was evaluated.Fifty of the highest-ranking students will also benefit from industry-specific mentorship after they are paired with leaders in asset management and investment banking industry.Patel has been managing an investment portfolio on his own for the past two years and is the President of the Brock Finance and Investment Group, a Goodman School of Business student club that focuses on finance and investment education and manages a student-run portfolio.The Brampton native, who also works part time at Scotiabank and Brooks Brothers, hopes to pursue a career in wealth management where he can combine his love of investment banking and connecting with customers.Patel spends the rest of his waking hours at Goodman’s Bloomberg research lab, which is equipped with Bloomberg software to research and analyze financial information.“I’m in the Bloomberg lab every time I’m free,” he said. “It’s great to be able to rely on the financial database available to us as students and we can use that information as a reference point when making investment decisions.”Goodman School of Business Dean Andrew Gaudes said Patel’s success in the investment challenge shows students are prepared to handle the world of investment banking.“We’re very proud of Ishan’s accomplishment,” he said. “Goodman prepares students to understand environmental context and make decisions and I am confident that the experience Ishan has had at Goodman, not only in the classroom, but also with student clubs, has prepared him well for a competitive environment like this.” read more

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