17 people from TN injured as their mini bus hits stationary truck on NH 66 near Kapu
Kapu: In a road accident that occurred on National Highway 66 early Sunday morning, 17 people from Tamil Nadu, who were visiting the religious centres here, were injured in a collision between their mini bus and a truck parked by the road at Udyavara of Udupi district.
The group was traveling from Mangaluru to the Kollur Mookambika Temple when their mini bus rammed into the stationary truck from behind. While 17 passengers in the mini bus were injured in the accident, the health condition of four of them was found to be serious, police sources have said.
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Also, the bus was heavily damaged in front, due to the impact of the collision, they said.
Kapu Police, who visited the accident spot, conducted an inspection. The injured travelers were taken to a private hospital in Udupi with the help of passersby.
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Binny Bansal steps down from board of PhonePe
New Delhi, Nov 22: Flipkart's co-founder Binny Bansal has stepped down from the board of PhonePe, the fintech company said on Friday.
PhonePe also announced the appointment of Manish Sabharwal as an Independent Director and Chair of its Audit Committee.
In this role, Sabharwal will be instrumental in upholding the integrity and effectiveness of PhonePe's financial reporting, internal controls, and risk management practices, he company said in a release.
"PhonePe also announced that Flipkart's co-founder, Binny Bansal has stepped down from its Board of Directors. Binny acquired PhonePe in 2016 and has been on its Board since then," the release said.
Commenting on the board rejig, Sameer Nigam, CEO and Founder of PhonePe said, "I would like to express my heartfelt gratitude to Binny Bansal for being one of PhonePe's earliest and staunchest supporters. His active engagement, strategic guidance, and personal mentorship have profoundly enriched our discussions. Binny will be missed!"
Nigam further said that Sabharwal's depth of understanding of India's macro economy, coupled with his leadership in shaping India's policies for education, employment, and employability will be invaluable as PhonePe continues to work ahead towards shared vision of a Viksit Bharat by 2047.
Sabharwal is Vice-Chairman of Teamlease Services, India's largest staffing and human capital firm.
Bansal played an instrumental role in Flipkart's acquisition of PhonePe way back in 2016 and had been on its board since then (the payments firm separated from Flipkart in 2022).
