25-year-old electrician found dead in suspected suicide in Kotekar
Ullal: A 25-year-old electrician, Shravan Alva, was found dead in what is suspected to be a suicide at his home in Taripadpu, Kotekar. The tragic incident occurred late Wednesday night.
Shravan Alva, the younger son of Umesh Alva from Madoor, resided with his parents and elder brother. According to sources, Shravan had been out with friends earlier in the evening and returned home late.
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Around midnight, Shravan's elder brother came home from work and discovered Shravan’s lifeless body hanging from a ceiling fan in his bedroom.
The Ullal Police arrived at the scene and have since sent Shravan’s body for a post-mortem examination to determine the exact cause of death. While initial indications suggest that Shravan may have taken his own life, the motive behind the alleged suicide is yet to be confirmed.
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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).
