Mulki: A youngster was reportedly murdered for his money on a train traveling from Bengaluru to Murdeshwar, as discovered during an inspection by the railway coach manager on Friday. A case has been registered at the Mulki police station regarding the incident.

The deceased has been identified as Mouzam (35), son of Ameer Khan from Kumarapete in Chikkaballapur. Mouzam was working as a sales representative when he was attacked by assailants who allegedly strangled him with an object to rob him of his bag of money and mobile phone.

Mouzam was found unconscious in a railway coach in Udupi and was rushed to the district hospital, where doctors confirmed his death. His relative, Arif Ullah Khan, has filed a complaint with the Mulki police, and a case has been registered.

Meanwhile, it has come to light that Mouzam’s mobile location was last detected in Sakleshpur, leading to suspicions that the murder may have occurred in the vicinity. Mulki Police Inspector Vidyadhar D. Baikerekar is conducting a thorough investigation into the case.

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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).