Breaking News
Mistaken identity? 57-year-old Gurudwara cook who was kidnapped and killed was not intended target


Avtaar Singh (File photo)

A 57-year-old Sikh temple volunteer, Avtaar Singh was killed in California after being abducted earlier this month, authorities said. He was found dead days after he was reported missing.In a startling twist, officials have now confirmed that Singh was not the intended target of the kidnapping that led to his death.San Joaquin County Sheriff Patrick Withrow told local media that Singh was not the intended target of the kidnapping and homicide.“This was not a random act,” Withrow said. “They were targeted after another individual for a specific reason and we’re hoping that reason comes to light.” Authorities have not disclosed further details about the motive or how Singh ended up in Napa County.Singh, a longtime sevadaar and cook at the Gurdwara Guru Nanak Parkash complex in Tracy, was reported missing on February 17 after he was allegedly abducted from the temple premises in the afternoon. Surveillance footage reviewed by the San Joaquin County Sheriff’s Office showed a white SUV and three individuals dressed in dark clothing with Singh and he appeared to have entered the vehicle against his will. His wife alerted authorities later that evening when he did not return home. The couple’s six-month-old triplets were found alone at their residence within the temple complex, according to KTVU. Three days later, Singh’s body was discovered near Lake Berryessa in Napa County, nearly 100 miles from Tracy and about a two-hour drive away. The vehicle believed to be involved was also located at the scene. Confirming the development, the San Joaquin County Sheriff’s Office said on Monday, “It is with profound sadness that we confirm the kidnapping victim, Avtar Singh, has been located deceased. Our detectives are working tirelessly to investigate this case and identify those responsible for this terrible act.”Addressing members of the gurdwara congregation, San Joaquin District Attorney Ron Freitas described Singh as an innocent victim. “He was in no way responsible for the evil that came to him,” Freitas said, while also urging anyone with information to come forward, highlighting that there are “people who saw things, people who know things.”Singh was widely known within the Sikh community for his service and humility. He had served for years at institutions linked to Damdami Taksal, including at the Tracy gurdwara where he resided and worked as a cook. Community members described him as dependable and selfless, someone who could be counted on to fix anything around the property. A fundraiser organised to support his family described him as known for his “humility, quiet dedication, and loving nature that made everyone feel like family,” adding that his absence has left a profound void.His funeral is scheduled to be held at Fry Memorial Chapel, followed by prayers and a community meal at the gurdwara. Investigators continue to probe the circumstances of the abduction and killing, while urging anyone with relevant information to contact the San Joaquin County Sheriff’s Office.



Source link

Banks lift share in flow of resources to corp sector


Banks lift share in flow of resources to corp sector

MUMBAI: Scheduled commercial banks have regained market share in financing the commercial sector in FY26 up to Jan 31 by expanding non-food credit faster than the overall resource pool, reversing a contraction seen in FY25 amid a surge in equity issuances and non-bank funding.Data for FY26 up to Jan 31, 2026 released in RBI’s bulletin shows that incremental flows by way of bank credit stood at Rs 21.8 lakh crore in the 10-month period as against Rs 14 lakh crore in the same period of 2024-25, a growth of 55.3%. Over the same span, the total flow of financial resources from all sources increased from Rs 25.5 lakh crore to Rs 34.5 lakh crore, a rise of 35%.Because bank credit grew faster than the overall resource pool, banks lifted their share of total commercial sector funding to 63.2% during the period. In FY26 up to Jan 31, however, domestic non-bank sources slowed. Overall domestic non-bank funding grew 4.9%, from Rs 9.1 lakh crore in the comparable period of FY25 to Rs 9.6 lakh crore. Equity issuances contracted 12.3%, falling from Rs 3.4 lakh crore to nearly Rs three lakh crore for the period ended Jan 31. Corporate bond issuances were the only major domestic non-bank segment to outpace bank credit growth, rising from Rs 1.1 lakh crore to Rs 2.5 lakh crore. Foreign sources of funding remained firm.Resource flows from abroad increased from Rs 2.4 lakh crore to Rs 3.1 lakh crore up to Jan 31. The recovery follows a year of retreat. In 2023-24, non-food bank credit stood at Rs 21.4 lakh crore. By the end of 2024-25, it had fallen to Rs 17.9 lakh crore. In the current fiscal, most banks have increased advances target after bank credit grew 14.6%, the highest in 19 months, for the fortnight ended Jan 31, 2026.



Source link

Over 4.5k startup employees lose jobs since July


Over 4.5k startup employees lose jobs since July

MUMBAI: Indian startups have laid off more than 4,500 employees since July last year, data sourced from executive search firm Longhouse Consulting showed. The sudden ban on online real-money gaming which nudged many startups to shut overnight has pushed the numbers up but much of it also has to do with the selective flow of capital into companies and investor pressure to turn profitable. This means leaner teams and focus only on filling up roles that are key to growth.

Over 4.5k startup employees lose jobs since July.

Besides, with firms increasingly betting on AI and many founders building AI-first startups, the approach by design now is to have smaller headcount. Consider home decor startup Livspace, for instance, which recently sacked 1,000 staff in AI push. “Investors are now rewarding startups that can achieve significant milestones with optimised headcounts. By building lean, startups are not just reacting to tighter funding environment; they are de-risking their models against macroeconomic volatility. This lean by design approach allows for longer runways,” said Viswanath PS, MD & CEO at Randstad India. Even early stage startups looking to raise growth funds need to show at least a path to profitability early in the game now, said Anshuman Das, CEO and founder at Longhouse. “From the start, hence, they are designing the companies very differently. They are not doing big hiring in all functions but only adding incremental hires and senior hiring wherever it is a must,” Das said. Also, as many startups head for IPO, they are cutting costs and trying to turn in a profit, Das said. “Much of the big money in 2024 and 2025 flowed into quick commerce. Sectors such as traditional SaaS are not attracting big money with the AI economy taking over,” said Das.Real-money gaming startups aside, companies including Porter, Zepto, Krutrim and Zupee have also sacked people during the period, the data showed. “There are some targeted corrections, especially in roles that were over-hired during the boom phase. Every hire has to justify itself. If not, the position is reconsidered. Hiring is definitely more selective and strategic,” said Aditya Narayan Mishra, MD & CEO at CIEL HR. The pace of layoffs, though, has moderated in recent times and even as entry-level hiring remains cautious, demand for specialists with 4-10 years of experience has grown. Green-tech and AI-first ventures will lead job creation, said Viswanath, adding that as companies look to optimise operational costs, many jobs will move to tier two hubs. Traction will also be seen in hiring for remote tech roles by overseas startups, said Das.



Source link

T20 World Cup 2026 [WATCH]: Super 8 showdown at Pallekele turns ugly as England and Pakistan fans engage in physical altercation



The Pallekele International Cricket Stadium in Kandy witnessed a rollercoaster of emotions on Tuesday, as England secured a thrilling two-wicket victory over Pakistan in the 45th match of the T20 World Cup. While the Super Eights, Group 2 encounter provided high-octane cricket that saw Harry Brook etch his name into the history books, the evening was unfortunately marred by a violent physical altercation in the stands that has since gone viral.

Tensions boil over as England and Pakistan supporters fight during Super 8 encounter

Despite the festive atmosphere typical of Sri Lankan cricket hubs, tensions reached a breaking point during the mid-innings interval. An ugly brawl erupted between a section of the traveling England supporters and Pakistan fans, specifically centering on a spectator identified as Saud. Video footage captured by onlookers shows a heated verbal exchange rapidly escalating into a physical scuffle, forcing local Sri Lankan security and nearby spectators to intervene to prevent serious injury.

The incident gained massive digital traction after Australian influencer Jake Jennings shared the footage on social media. Jennings labeled Saud a “serial offender,” claiming he had witnessed the individual causing similar disruptions earlier in the tournament, and publicly urged the International Cricket Council (ICC) to implement a stadium ban.

However, Saud offered a starkly different account of the provocation. Speaking to local reporters after being escorted from the section, he alleged that the England supporters were the aggressors, claiming they “misbehaved” and threw beer at him, an act he described as a deep personal and cultural insult. While the ICC and Pallekele stadium authorities have yet to release a formal disciplinary statement, the footage has sparked a heated debate regarding fan conduct and security protocols for the remainder of the knockout stages.

Here’s the video:

Also READ: T20 World Cup 2026: Irfan Pathan slams Pakistan media after England defeat leaves their campaign in crisis

Harry Brook’s historic ton powers England to the semi-finals

On the field, the narrative was dominated by a masterclass from England Captain Brook. After Pakistan elected to bat first, they posted a competitive 164/9. Sahibzada Farhan was the standout performer for the Men in Green, continuing his golden run with a gritty 63 off 45 balls. While Babar Azam (25) struggled for timing, Liam Dawson’s clinical spell of 3/24 kept the Pakistani middle order in check.

England’s chase began in nightmarish fashion. Shaheen Shah Afridi produced a trademark opening burst, removing Phil Salt for a golden duck with the first ball of the innings before accounting for Jos Buttler and Jacob Bethell. With the scoreboard reeling, Brook promoted himself to No. 3, a tactical gamble that paid off in spectacular fashion.

Brook smashed a breathtaking 100 off just 51 deliveries, becoming the first captain ever to score a century in a Men’s T20 World Cup. His maiden T20I hundred turned the tide, though a late-inning collapse saw him fall to a searing Afridi yorker. With 3 runs required in the final over and nerves frayed, Jofra Archer held his composure to smash a boundary, finishing the game at 166/8 with five balls to spare.

This victory officially makes England the first team to qualify for the semi-finals, while Pakistan must now win their final fixture and rely on net run-rate math to keep their trophy dreams alive.

Also READ: Pakistan’s T20 World Cup 2026 semi-final qualification scenario after falling to England in Super 8





Source link

TCS: We’re not afraid of AI disrupting livelihoods


TCS: We're not afraid of AI disrupting livelihoods

Mumbai: Calling GenAI a civilisational shift, TCS CEO K Krithivasan said the company is not afraid of the technology disrupting livelihoods and is prepared to cannibalise its own revenues if needed, leveraging AI to deliver client outcomes more effectively. “We are telling associates that if you find you can do something faster, better and cheaper with AI, you should proactively tell your customers – even if it cannibalises revenue. We are not afraid that this technology will take away our livelihood. We believe it will open up more opportunities. “You benefit more by embracing it than by resisting the change,” he said during a panel discussion at the Nasscom Technology Leadership Forum 2026 on Wednesday.

TCS_ We’re not afraid of AI disrupting livelihoods.

Krithivasan emphasised that the most critical element of this shift is cultural -the willingness to do things better even if it disrupts the current business model. That change, he said, must begin at the top. AI adoption cannot be delegated downward alone. “Leaders must build, test and experiment themselves. Junior employees may be more comfortable with AI tools, but leadership credibility depends on hands-on engagement.” While leaders across sectors acknowledged AI’s disruptive force, Krithivasan framed it as both a challenge and an opportunity-particularly for technology services companies. “We see this as both a challenge and an opportunity,” he said, pointing to the speed at which AI models are evolving. “Problems that haven’t been solved for decades are now being addressed. The ability of models to learn, unlearn and relearn is remarkable. Sometimes all it takes is a new prompt string to unlock significant value.”



Source link

Scindia: No relief beyond SC verdict on AGR dues


Scindia: No relief beyond SC verdict on AGR dues

New Delhi: Barring Vodafone Idea (Vi), no other telecom company is going to get any relief on their adjusted gross revenue (AGR) dues as govt will not step outside the Supreme Court’s mandate, telecom minister Jyotiraditya Scindia said Wednesday. “We are operating under an SC verdict. As far as AGR is concerned, it is based on that verdict that we have taken whatever action. Any other telecom service provider who has a desire, can follow the same process,” he told reporters.In Dec, the Union Cabinet approved a relief package for the debt-laden Vi, freezing its AGR dues at Rs 87,695 crore and rescheduling the payment from FY32 to FY41, following an SC order that allowed govt to comprehensively reassess and reconcile all its dues, including interest and penalties, up to FY17. The central govt owns 49% equity in the troubled telecom player.Earlier, Bharti Airtel had written to the telecom dept to seek a review of its AGR dues. Scindia also expressed eagerness to launch satellite services in India and said the rollout depends on finalising the pricing mechanism for spectrum assignment and ensuring that all security compliances are met. “Once these two requirements are fulfilled, spectrum can be allocated,” he said.The minister also clarified that there are no plans to extend the deadline for implementing SIM-binding norms for OTT communication platforms such as WhatsApp and Telegram. These mandate six-hour logout requirements for web sessions. He said that the logout mandate applies only to virtual connections and does not affect direct usage on mobile phones.



Source link

BillDesk to buy Worldline India payments arm


BillDesk to buy Worldline India payments arm

MUMBAI: Worldline will sell its India payments arm to BillDesk for 60 million euros in equity. The deal includes a long-term software pact where BillDesk keeps using Worldline tech. Worldline will continue to keep India as a talent/innovation hub and evolve its Global Capability Centers into AI-first innovation hubs for automation/GenAI/agentic-AI at scale for Western Europe.The objective of the sale is to sharpen Europe core, shrink operations and redeploy capital. The deal is expected to close in the second half of 2026.BillDesk is among the earliest digital payment platform in India founded in 2000. It specialises in bill payments, recurring mandates and acquiring online merchants. The company has 50-60% of online bill payments in India.Worldline India was created in 2014 when Atos carved out its payments division. TNN



Source link

India T20 World Cup campaign: Blueprint for revival and how to reignite it | Cricket News


Blueprint for revival: How India can reignite their T20 World Cup campaign
India’s captain Suryakumar Yadav (AP Photo)

India’s 76-run defeat to South Africa has exposed tactical flaws, selection difficulties and execution lapses. Here are some key corrections they could make…REMOVE LEFT-HEAVY TOP ORDERBreak the three-lefthanders cluster at the top that even part-time offspinners like Aiden Markram and Salman Agha have exploited. Bring in a right-hander for the opening slot or at No. 3 to force opposition to re-think match-ups.

Long hits for Sanju Samson, Ishan Kishan and Tilak Varma

RECALL AXAR PATELThe designated vice-captain’s absence was felt against South Africa. Axar’s ability to bowl defensive lines in the Powerplay or stifle runs in the middle overs can provide the control India lacked in Ahmedabad. Also adds depth to the lower order with bat.FIX POWERPLAY APPROACHPowerplay batting has lacked clarity. Early scoreboard pressure has been allowed to build. Mindless slogging hasn’t reaped rewards. Balance intent and common sense with smart shot selection. Attack favourable match-ups and improve strike rotation to avoid dot-ball pressure.RETHINK HARDIK’S BOWLING ROLEEnsure Hardik Pandya finishes his quota of overs before the 16th and use Bumrah and Arshdeep as death-overs specialists. Hardik should either operate with the new ball or as middle-overs enforcer. He has more often than not leaked runs in the death overs, like against SA when he conceded 20 in the final over.ADOPT TUNNEL VISIONThe ‘knives-are-out’ atmosphere can lead to panic in the camp. The ‘favourites’ tag has turned into a burden. Focusing on one ball at a time could prevent another implosion.



Source link

Legacy lenders rule credit card spends


Legacy lenders rule credit card spends

MUMBAI: The country’s credit card spend is consolidating, with HDFC Bank and State Bank of India moving close to controlling half of total card spending by value, while the top five issuers together have expanded their dominance to 85.6% of transaction value by Jan 2026.The shift marks a migration of high-value spending towards legacy lenders. At the start of FY26 in April 2025, the top five banks collectively accounted for 81.2% of total credit card transaction value. Within 10 months, their share rose by 4.4 percentage points, leaving smaller banks and fintech issuers competing for less than 15% of industry spending despite continued expansion in card issuance.The consolidation is being driven overwhelmingly by the top two issuers. HDFC Bank, already the market leader, increased its share of transaction value from 28% in April to 28.4% in Jan. SBI emerged as the biggest gainer of the fiscal year, expanding its share sharply from 19.3% to 24.7%. Together, the two banks absorbed more than five percentage points of market share from competitors, offsetting declines recorded by ICICI Bank and Axis Bank. Kotak Mahindra Bank retained fifth position with a modest increase in share from 3.3% to 3.5%.

Legacy lenders rule credit card spends

.

The dominance of the top banks has been further reinforced by the drop in the share of foreign banks from 5% to 4.5%. Citi was the most recent foreign bank to exit the credit card business. Some smaller banks that issued credit cards in partnership with fintechs and NBFCs have also faced regulatory restrictions.Despite the concentration in spending value, the distribution of credit cards remains comparatively stable. The top five banks accounted for 75.2% of active cards in April 2025, slipping marginally to 74.7% by Jan 2026. The divergence between card share and spending share suggests that while smaller lenders continue to expand card issuance, consumers rely disproportionately on cards from the largest banks for high-value purchases such as travel, lifestyle consumption, and major e-commerce transactions.Jan 2026 data further reinforced this concentration even as overall spending cooled after the year-end festive surge. Total industry credit card spending declined 2.7% month-on-month to nearly Rs 2 lakh crore from close to Rs 2.5 lakh crore in Dec. Online spending fell 2.5% to Rs 1.23 lakhcrore but retained dominance with a 61.8% share of transaction value, while point-of-sale spending declined 3.2% to Rs 76,000crore, reflecting a sharper drop in offline discretionary consumption.Even as the total spending pie shrank in Jan, HDFC Bank and SBI increased their combined share. Their joint transaction value fell from Rs 97,127 crore in Dec to Rs 94,544 crore in Jan, a smaller contraction than the industry-wide decline, lifting their combined market share marginally from 47.4% to 47.5%. In Jan alone, HDFC recorded Rs 56,518 crore in credit card payments and SBI recorded Rs 38,026 crore, indicating their near-majority control of industry spending. The consolidation trend was also visible in transaction volumes, with the two banks accounting for 43.9% of total credit card transactions in January.



Source link

Goa Thar Accident: ‘Papa, main chaurahe par tha’: Bhopal man dies after speeding Thar rams car in Goa; locals allege seat swap to shield accused | Goa News


Bhopal Tourist Killed In Goa SUV Crash, Family Injured, Video Surfaces Online

A 65-year-old tourist from Bhopal died after his car was hit by a speeding SUV at the Happy Bar junction in Assagao (Credits: X)

MAPUSA: A 65-year-old tourist from Bhopal was killed in a road accident at the Happy Bar junction in Assagao on Monday after a speeding SUV allegedly rammed into his car from behind.The deceased, Bhagat Ram Sharma, was travelling with family members in a Hyundai i20 when the collision occurred. Police said the impact was severe, and Sharma was pronounced dead at the scene.

Bhopal Tourist Killed In Goa SUV Crash, Family Injured, Video Surfaces Online

Two other occupants of the hatchback sustained minor injuries and were taken to a nearby hospital. Their condition is reported to be stable. A five-month-old infant who was also in the vehicle escaped unharmed and has been kept under medical observation as a precaution.Eyewitnesses alleged that occupants of the SUV, a rented Mahindra Thar attempted to switch seats immediately after the crash.Videos circulating on social media purportedly show a male occupant of the Thar speaking on the phone, with the words, “Papa, I was at the intersection…” audible. The footage also shows visible damage to both vehicles, with one side of the hatchback completely crushed.In the same video, three women can be seen sitting in the back seat of the SUV.The incident triggered tension at the spot, with some locals accusing the Thar’s occupants of attempting to shield the actual driver. Police said these claims are being verified.Authorities have seized the rented SUV and registered a case of rash and negligent driving causing death. Investigators are examining CCTV footage from the junction, along with forensic evidence, eyewitness accounts and video clips, to determine who was driving at the time of the collision.



Source link