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Aam Aadmi Party (AAP) MLA Naresh Balyan was detained by the Delhi Police on Saturday in connection with an alleged extortion case dating back to 2023. The detention comes shortly after the release of an alleged audio clip by the Bharatiya Janata Party (BJP), in which Balyan is purportedly heard discussing extortion tactics with a gangster to target a businessman. According to the Delhi Police Crime Branch, Balyan is currently being questioned as part of their ongoing investigation into the extortion case. "AAP MLA Naresh Balyan has been detained by Delhi Police and is being questioned by the crime branch in the alleged 2023 extortion case," ANI quoted the police as saying. Earlier today, Delhi BJP President Virendra Sachdeva accused the AAP of "extorting money from the public" in the national capital. The accusations followed the release of an alleged audio clip by the BJP, in which AAP MLA Naresh Balyan is purportedly heard discussing extortion tactics with a gangster to target a businessman. The BJP's move to release the audio clip has intensified the political debate, with Sachdeva alleging that AAP's leadership is involved in illegal activities aimed at exploiting the people of Delhi. While the authenticity of the clip is yet to be verified, the accusations have drawn significant attention, fueling further scrutiny of the AAP's operations in the city. "Arvind Kejriwal's criminal face is now evident. He is out on bail, and his MLA is involved in looting the public. According to the audio clips circulating on social media, Naresh Balyan, the MLA from Uttam Nagar, is giving tips to gangsters, instructing them to threaten people and extort money, which is then shared," Sachdeva was quoted as saying in an IANS report. "This is the condition of the AAP MLAs, who were elected to serve the public but are now exploiting them. This exposes the true criminal face of the AAP," he further said. The BJP leader demanded swift action from investigative agencies, urging them to ensure that individuals like Balyan, who allegedly use gangsters for extortion, are brought to justice. "The MLA himself is accused of using gangsters to extort money from his close associates, including a builder. Agencies must investigate and ensure such individuals are put behind bars. The safety of Delhiites is at stake, and action is necessary based on the evidence provided," he said. Sachdeva expressed concerns about the alleged connections between AAP MLA Naresh Balyan and gangster Kapil Sangwan, also known as "Nandu," who is reportedly operating from London. "Earlier, BJP accused Naresh Balyan of collusion with Kapil Sangwan. Sangwan is a Najafgarh resident and has been accused in the murder case of INLD leader Nafe Singh," Sachdeva said. He also criticized AAP National Convenor Arvind Kejriwal for shifting the blame and avoiding responsibility. "Kejriwal always attacks the Centre for the deteriorating law and order in Delhi but never addresses issues under his purview like water supply and roads," Sachdeva said. He questioned why Kejriwal refuses to address critical issues such as poor road conditions, water supply problems, high electricity bills, and the alleged corruption surrounding the 'Sheesh Mahal' and the excise policy case. "He should focus on answering for his governance failures rather than making irrelevant statements. The people of Delhi deserve accountability," Sachdeva added.Bell Potter names the best ASX shares to buy in December
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BROOKINGS, S.D. (AP) — Mark Gronowski ran for two touchdowns and passed for two more and two-time defending national champion South Dakota State dominated Montana 35-18 in a second-round FCS playoff game on Saturday. While Gronowski was leading an offense that piled up 399 yards, the third-seeded Jackrabbits' defense held the 14th-seeded Grizzlies to 306 yards — but 160 came on two fourth-quarter touchdown drives after the lead reached 35-3. Adam Bock contributed a 30-yard interception return in the fourth quarter. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a weekInnodata EVP Ashok Mishra sells $67,560 in stock
BETHLEHEM – William “Bill” Franklin Stinson Sr., 86, of Bethlehem, passed peacefully into the gates of Heaven on Sunday, Dec. 1, 2024, at Waterbury Hospital. He was the devoted and loving husband of Patricia Ann (Calabrese) Stinson, with whom he shared 63 years of marriage, having married on May 27, 1961. Bill was born on July 17, 1938, in Coco Solo, Panama Canal Zone, to the late Benjamin Allen Stinson and Helen Louise (Boone) Stinson. Bill was predeceased by his sister Ethel Mae Norfleet. Bill’s life was defined by an unwavering dedication to service – to his country, his family, and to all fortunate enough to know him. In 1958, he enlisted in the United States Air Force, and proudly served his country for more than 25 years, rising to the rank of lieutenant colonel. During his distinguished career, Bill worked as an electrical engineer and program manager, playing a key role in the development of the Airborne Warning and Control System (AWACS). His military service also included deployment to Korea, and mastery of the Chinese language through the Yale Institute of Asian Studies, demonstrating his commitment to broadening his understanding of the world. After retiring from the Air Force, Bill continued his professional journey at General DataComm, where he served as program manager for more than 15 years. Later, in continued dedication of service to others, he shared his knowledge and expertise with the students at The Gunnery in Washington, Conn., where he worked as a computer teacher and IT technician until his retirement in 2008. In addition to his professional accomplishments, Bill had a passion for sports and intellectual pursuits. He enjoyed playing tennis and golf, building computers from scratch, completing crossword puzzles, and keeping up with the latest technological innovations. Bill’s legacy will live on through his beloved wife, Patricia, and their three children: William “Bill” F. Stinson Jr. and his wife Susan, of Frisco, Texas; Rebecca “Becky” Stinson of Middlebury; and Benjamin “Ben” Allen Stinson and his wife, Patricia, of Roxbury. He is also survived by his three grandsons and one great-grandson, Tyler Stinson, Logan Stinson and his wife Sofia, and Hunter Stinson and his wife Samantha, and son Archer; as well as many nieces, nephews, and extended family members who will cherish his memory. Bill was a man of integrity, compassion, and wisdom who selflessly put the needs of others before his own. Despite his many accomplishments, Bill was humble and despite any hardship he endured, relentlessly strove to make this world a better place for all in it. Although it was in his nature to avoid superlatives, to all who knew him, he was the best husband, brother, father, and grandfather anyone could ever ask for. The memory of Mr. Fantastic will live on in the hearts of those who were fortunate enough to be part of his life. A funeral will be on Friday, Dec. 6, 2024, 8:45 a.m. at Chase Parkway Memorial/The Albini Family Funeral Home, 430 Chase Parkway, Waterbury, to St. John the Evangelist Church, Watertown, for a Mass of Christian Burial at 10 a.m. Burial with full military honors will follow at Lake Elise Cemetery in Middlebury. Calling hours for Bill will be Thursday evening from 5 to 7 p.m. at Chase Parkway Memorial. In lieu of flowers, memorial contributions can be made in Bill’s memory to: Tunnels to Towers Foundation (t2t.org/donate), 2361 Hylan Blvd., Staten Island, NY 10306. For information or to send e-condolences, visit chaseparkwaymemorial.com.A man walks outside the Tencent headquarters in Shenzhen, China on Sept. 2, 2022. David Kirton/Reuters Chinese technology giant Tencent Holdings Ltd. TCEHY led a recent US$80-million ($112-million) equity investment in Neo Financial Technologies Inc., valuing the Calgary online financial upstart at a steep discount to its last financing. Neo did not reveal its lead investor when it announced the deal two weeks ago and has rebuffed queries about its identity. “We’ve disclosed all that we’re prepared to disclose at this time,” co-founder and chief commercial officer Jeff Adamson said Wednesday. But a term sheet for the deal obtained by The Globe and Mail identifies Tencent as the investor, showing it committed to buy US$50-million of the offering, which values Neo at US$430-million before the receipt of funds, and US$510-million after. Neo is one of several digital financial services startups seeking to challenge Canada’s big banks by offering a smooth online experience and low fees. The company, created and led by three cofounders of Canadian food delivery service SkipThe Dishes, has grown rapidly, surpassing US$100-million in annual revenue in April, according to a document sent to prospective investors. It has 1.3 million customers and expects to hit operating profitability in 2025. The new valuation is at a steep discount from Neo’s $185-million financing in spring 2022, which valued it at more than $1-billion. According to a document filed by Neo with the federal government, investors in the new deal paid US$4.26 or US$5.33 apiece for two types of preferred shares, down from the US$16.01 issue price for shares sold in 2022 (A separate table listing investors prior to the recent financing shows the 2022 shares were valued at US$19.15 each). That is consistent with other financial technology firms that have been devalued since 2022. In a Nov. 11 news release about the deal, Neo said only that several Canadian technology entrepreneurs including founders of Shopify, Slack, PointClickCare and Roblox had invested alongside previous backers, which accompanied a $250-million debt financing. The release did not mention a lead investor, which is unusual for a big tech financing, particularly since Neo has attracted backing from Silicon Valley billionaire Peter Thiel’s Valar Ventures alongside other U.S. and Canadian venture capital firms and Thomvest, an investment vehicle founded by Peter J. Thomson. (The Thomson family holding company, Woodbridge Co. Ltd., owns The Globe and Mail). Canadian financial institutions ATB Financial and Concentra Bank and Hudson Bay Co. are also investors. When asked who participated, Mr. Adamson initially told The Globe and Mail: “Obviously we haven’t listed every single investor,” adding the round’s backers included “a mix of global top tier investors” who have backed leading digital bank challengers globally. “They have made their pick in Canada and that pick is Neo.” Online news publication The Logic subsequently reported securities filings showed Neo had raised most of the round from an unidentified Chinese investor. When The Globe pressed Mr. Adamson for its identity, he replied by e-mail: “We respect each investor’s right to privacy and confidentiality.” He told tech news site BetaKit that Neo lacked approval to name the investor, describing it only as “an experienced global investment firm” that had backed fintechs elsewhere. Tencent has backed at least nine digital banks in Europe, South America, Japan and India, including two alongside Valar: France’s Olinda SAS (known as Qonto) and Germany-based N26 AG. Tencent has made several investments in Canada, backing Wattpad, Element AI, Kindred Systems, Real Ventures and financial technology company NorthOne. The Tencent-led deal appears to be structured in a way to allay geopolitical concerns, should they arise, about a Chinese company owning just under 10 per cent of a consumer-focused Canadian financial services company. All Chinese-based companies are required under Chinese law to share information with its government, if requested. Similar concerns have led to bans on the use of telecom equipment made by China’s Huawei Technologies Co. Ltd. in Canada and its intelligence-sharing allies. The deal establishes Tencent as a passive investor: It does not get a board seat and has limited information rights about the company’s performance compared to other investors. It gets no access to data or personally identifiable information about Neo customers. Mr. Adamson said Neo still qualifies as a Canadian-controlled business. By contrast, TikTok’s Chinese owner ByteDance Ltd. collects user data including location, contacts, likes and shares. ByteDance this month was ordered by the Canadian government to shut its subsidiary here, although Canadians were not banned from using the social media app. TikTok has faced concerns related to safety and privacy stemming from the possible involvement of its home government and whether it has been used as a tool for propaganda or spying. Questions about Neo’s mystery backer have overshadowed its fast growth. Investor documents show Neo’s growth is outpacing other global “neobanks” and the company forecasts it will surpass US$1-billion in revenue by 2028. By comparison, Equitable Bank (known as EQ Bank), one of the most prominent digital-only competitors to Canada’s big banks since starting online banking in 2016, reported revenue of $944-million in the first 10 months of 2023. Neo offers core banking products including bank accounts, term deposits, credit and debit cards, as well as a loyalty program in partnership with 14,000 merchants including Shell, Subway and Harry Rosen. Like other bank challengers, Neo is at a disadvantage to regulated banks, as it cannot hold or use deposits for lending and must partner with licensed institutions to manage savings accounts, meaning it has a higher cost of capital than the incumbents. One of the keys to its growth has been its 2021 partnership with Hudson’s Bay Co. to offer its branded Bay credit cards, securing a chance to build its client base by tapping into one of Canada’s largest loyalty programs. Neo also landed deals to provide the platform underpinning credit cards offered by Tim Hortons and airline Cathay Pacific. The company says it consistently adds about 100,000 customers per quarter, as its average cost to acquire customers has fallen to the low US$20-range from above US$60 in early 2022. Its next big play is to go after small and medium businesses, targeting a market it sees as underserved by banks.
Pedro Martinez Losa made all the right noises in the aftermath of Scotland’s fairly insipid draw with Finland at Easter Road on Friday night. Scotland only need one goal. The result is the same for both teams. The tie is very much alive. All true. But equally true is that the balance of the tie is tipped in favour of Finland who will feel emboldened by the point they took against Scotland. With home advantage in Helsinki for Tuesday’s second leg, one suspects they will ask deeper questions of Scotland. Martinez Losa’s remit when he was appointed as manager of the women’s national team in 2021 was to get Scotland back to a major tournament. The World Cup in 2019 was still fresh in the minds, albeit the wounds of the fallout at that time remained visible. Defeat to the Republic of Ireland at Hampden to deny Scotland a place at last summer’s Women’s World Cup was no barrier to a fresh contract offer for the Spaniard who signed an extension to his deal last September. Read more: This time last year Scotland were battered by England at Hampden in a Nations League group that was more than simply sobering. Scotland have regrouped since then. They went into these play-offs on the back of solid results, encouraging performances and with lots of talk that this is a team who deserve to be competing on the biggest stages, against the best teams. Yet there was nothing of that aggression or conviction on show. If Scotland are to prevail – and it is still within their grasp – the performance needs to be night and day from what it was on Friday night. Eartha Cumings was by far the busier of both goalkeepers while her opposite number had little of note to cope with. It is worth pointing out that Scotland are the last team to beat Finland in Finland so anyone looking for a bit of hope can find it, should they tend to a glass half full philosophy. But they won’t find it on the evidence of Friday’s night game. It was a turgid and flat affair. That may not be entirely unusual in a two-legged play-off final when the stakes are so high for both teams and there is an inevitable anxiety within the game. What was notable, though, was the lack of courage within the game. Scotland looked inhibited by the challenge rather than excited by it. Erin Cuthbert had suggested before the game that she was sick of talking about it and wanted to give everything she had to say on the matter into a performance on the pitch. But she was unable to influence or dictate in the middle of the park. Ditto Caroline Weir. The Real Madrid midfielder has been flying in Spain after her return from an ACL injury but Finland shackled her – and Scotland – on Friday night. For a team who had gone into the game on the back of a sequence of eight games unbeaten, the confidence ought to have been oozing out of Scotland, as it was when they played Hungary last month to get to the play-off final. Perhaps it is a mental thing; Finland ended Scotland’s last European Championships campaign four years ago at the same venue around the same time of year. There is historically very little between the teams – the Finns beat Scotland in a penalty shoot-out in the Pinatar Cup in February this year – but it was the visitors who looked the more assured at Easter Road. Scotland need to ramp it up in Helsinki if they are to harbour any serious ambition of being at the Euros rather than with their noses pressed against the glass this summer. Read more: AND ANOTHER THING Celtic manager Elena Sadiku was named Women’s Manager of the Year at an awards dinner at Hampden last night. It would have felt a little parochial when compared to the company she ended the week keeping. While the Swede would have been delighted to accept the accolade, of far more significance is her name on FIFA’s ‘The Best’ shortlist. It is unlikely that Sadiku would be oblivious to the attention she has received in recent months but her presence on such a prestigious and globally renowned celebration would underline how much of a hot ticket she is at the minute. The Swede, the youngest coach in the men’s or women’s Champions League, has made a bit of a name for herself since taking over the Celtic job at the start of the year. Having led Celtic to the their first ever title and to a place in the group stages of the Champions League for the first time, it will be interesting to see whether or not she is still at the club after this season. AND FINALLY Who can name the recent winners of the BBC Women’s Player of the Year? This year’s winner, Barbra Branda, has his hit the headlines and for obvious reasons. The cynic within would suggest that there was a reason for why Branda was given the award and it would be interesting to read the details of the reasons why the player was designated to be the best in the women’s game. The award’s shortlist was decided by a panel of independent football experts with the winner selected by public vote. But there is a serious need for legislation of what constitutes a male and female player. The danger here for women is that women’s sport, which has been the subject of a longstanding battle for equality and recognition, is under threat of erosion.Investment in grassroots rugby league key to long-term growth – but are resources being wasted?
Five space mysteries Proba-3 will help solveThe Philadelphia Eagles ruled wide receiver DeVonta Smith out for Sunday night's game at the Los Angeles Rams due to a hamstring injury. Smith did not practice all week and will miss his second game of the season and just the third of his four-year NFL career. He was inactive in a Week 4 loss at Tampa Bay due to a concussion. Smith, 26, leads the Eagles with 41 receptions and four touchdown catches ands ranks second with 516 receiving yards in nine starts this season. The former Heisman Trophy winner has 281 catches for 3,694 yards and 23 scores in 59 games (58 starts) since the Eagles drafted him with the 10th overall pick in 2021. NFC East-leading Philadelphia (8-2) takes a six-game winning streak to Los Angeles (5-5), which has won four of its last five games. --Field Level Media
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CLEVELAND — Cavs reserve guard Ty Jerome won’t play in Tuesday’s game against the Washington Wizards. Jerome, listed as questionable, is dealing with an illness that kept him from participating in shootaround earlier in the day. The Cavs officially ruled him out nearly an hour before tipoff.Glasgow comedian was pictured attending the memorial service of former First Minister Alex Salmond at St Giles' Cathedral in Edinburgh on Saturday. Joining her were leading from across the spectrum including Scottish leader and Glasgow Central MSP Anas Sarwar, current First Minister John Swinney and former Prime Minister Gordon Brown. Alex Salmond died of a heart attack aged 69 while he was in North Macedonia in October this year. His body was buried in is home town of Strichen in Aberdeenshire on October 29. Tributes at the memorial service were paid by lifelong friend and Alba Party acting leader Kenny MacAskill, as well as political ally Fergus Ewing, and close friend and Conservative MP Sir David Davis. Mr Salmond took office while SNP leader in 2007, before leading the to a majority in 2011. He then secured an independence referendum three years later. Despite losing out on the vote and quitting as First Minister, he continued his political career, sitting as an SNP MSP between 2015 and 2017. Following a feud between himself and his successor Nicola Sturgeon, he left the SNP and formed the Alba Party and stood for them at the 2021 Scottish election.