In a not so unexpected move, bus owners operating from Ranchi and a few other locations in State on Thursday ventured into forming Bus Owners Association Ranchi and Bus Owners Association Jharkhand parallel to existing Ranchi Bus Owners Association and Jharkhand Bus Owners Association respectively. In a meeting organised by bus owners at Federation of Jharkhand Chamber of Commerce and Industries (FJCCI) premises, the owners elected Arun Budhia as Founder president of Bus Owners Association Jharkhand and Ashfaq Ajam aka Sheru as Founder President of the Bus Owners Association Ranchi.