Capgemini employee killed, three injured in gas cylinder blast at Bengaluru PG
Bengaluru: A 23-year-old Capgemini employee was killed and three others were injured after a commercial gas cylinder exploded at a paying guest accommodation in Bengaluru’s Kundalahalli on Monday evening, police said.
According to a report published by NDTV, the incident occurred around 6.15 pm at the Seven Hills Sai Co-Living PG, a seven-storey building with 43 rooms. The explosion took place on the ground floor of the building.
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"There was some smoke on the ground floor. The victim and two others, who were on the terrace, came down to check what had happened. It is believed that the blast occurred at that time, killing Aravind. Among the injured, two are employees of private companies, and one works as a helper at the PG," NDTV quoted K Parashurama, Deputy Commissioner of Police (Whitefield) as saying.
Aravind, a native of Ballari district in Karnataka, was working as a senior analyst with Capgemini. Among the injured are 28-year-old Venkatesh from Kurnool, 23-year-old Vishal Verma from Uttarakhand, and 25-year-old CV Goel, a woman from Uttarakhand. Two of the injured are employees of private firms, while one works as a helper at the PG.
As per the report, as soon as fire and smoke were detected, an emergency response was initiated. Fire and police teams rushed to the spot and contained the situation. All the injured were shifted to Brookefield Hospital, where they are undergoing treatment.
Police have registered a case and launched an investigation to ascertain the cause of the explosion. We are examining the building for violations. We have already noticed that there was no setback provided during construction, and we are verifying whether other rules were also defied, Parashurama added.
The PG building is owned by a person named Vishnu from Andhra Pradesh and is locally managed by a woman identified as Roja. Further investigation is underway, police said.
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Rupee hits all-time low for second time in a week
Mumbai (PTI): The rupee depreciated 31 paise to settle at 91.99 against the US dollar on Wednesday, touching the lowest closing level for the second time in less than a week, amid increased month-end demand for the greenback.
Forex traders said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe offered quiet reassurance. However, increased month-end demand for the American currency as well as the ongoing geopolitical tensions dented investors' sentiments.
At the interbank foreign exchange, the rupee opened at 91.60 and touched an early high of 91.50, but pared all the gains to touch an intra-day low of 91.99 against the greenback.
The domestic unit settled 31 paise down, revisiting its lowest-ever closing level of 91.99 against the greenback. The Indian currency previously ended at this level on January 23 when it also hit its all-time intraday low of 92 against the US dollar.
On Tuesday, the rupee rebounded from its all-time low levels and gained 22 paise to close at 91.68 against the US dollar.
Analysts said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe bolstered investor sentiment.
India and the European Union on Tuesday announced the conclusion of negotiations for the free trade agreement (FTA), under which a number of domestic sectors such as apparel, chemicals and footwear will get duty-free entry into the 27-nation bloc, while the EU will get access to the Indian market at concessional duty for cars and wines, an official said.
The deal has been dubbed the "mother of all deals" as it will create a market of about 2 billion people.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.07 per cent lower at 96.14.
Brent crude, the global oil benchmark, was trading 0.43 per cent lower at USD 67.28 per barrel in futures trade.
On the domestic equity market front, Sensex jumped 487.20 points to settle at 82,344.68, while Nifty surged 167.35 points to 25,342.75.
Foreign Institutional Investors turned net buyers and purchased equities worth Rs 480.26 crore on Wednesday, according to exchange data.
