×
Thailand: 5 soldiers killed in attack on security checkpoint

Thailand: 5 soldiers killed in attack on security checkpoint

Five Thai soldiers were killed in an attack on a military checkpoint in Narathiwat province in the country’s restive south.

At least six civilians were also injured in the attack, including a 10-year-boy, local officials said.

Prime Minister Anutin Charnvirakul on Thursday called the attack a “brazen act of terrorism” that posed “a serious threat to national security.”

What do we know about the attack?

The incident took place on Wednesday when around 10 people opened fire at the security checkpoint and threw pipe bombs at soldiers from the Thai Rangers auxiliary force, before fleeing the scene.

Thailand’s Internal Security Operations Command said the attackers stole three AK-47 rifles, three bullet proof vests and three mobile phones from the soldiers.

Their vehicle was later found abandoned and set on fire 21 kilometers (13 miles) away from the scene.

A low-level conflict has simmered since 2004 in Thailand’s southernmost provinces, with rebels in the Muslim-majority area fighting for greater autonomy in Buddhist-majority Thailand.

More than 7,000 people have been killed in the conflict. Government spokesperson Ratchada Thanadirek said the past few months in particular had seen a series of violent incidents carried out by a “terrorist network seeking to instill fear among the public and target state officials.”

Edited by: Dmytro Hubenko

Don’t let the algorithm hide the news. If you rely on our team for trusted reporting, please take a moment to select us as your Preferred Source on Google by clicking here and hitting the “star” or “preferred” button, so you’ll always see our verified news first.

Source link
#Thailand #soldiers #killed #attack #security #checkpoint

Previous post

ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push | TechCrunch<div> <p id="speakable-summary" class="wp-block-paragraph">ServiceNow, the U.S. enterprise software company known for automating workflows like IT service management and HR operations, is betting on an Indian banking software specialist to deepen its push into global financial services.</p> <p class="wp-block-paragraph">The company has invested $40 million in <a href="https://www.businessnext.com/" target="_blank" rel="noreferrer noopener nofollow">BusinessNext</a>, valuing the 24-year-old Indian firm at $700 million and taking a roughly 5% stake. The deal gives BusinessNext access to ServiceNow’s global sales network as the companies expand their partnership in AI for financial services.</p> <p class="wp-block-paragraph">ServiceNow’s investment reflects BusinessNext’s growing profile beyond India. The profitable, Noida-based company, which generated about $32 million in revenue in its latest financial year, serves more than 70 banks across India, Southeast Asia, the Middle East, and the U.S. Its customers include the Reserve Bank of India, the country’s central bank, and State Bank of India and HDFC Bank, which are India’s largest public- and private-sector lenders, respectively.</p> <p class="wp-block-paragraph">About half of BusinessNext’s revenue comes from outside India, with overseas markets expected to drive much of its future growth, founder and CEO Nishant Singh said in an interview.</p> <p class="wp-block-paragraph">The company chose ServiceNow over potential financial investors to accelerate its expansion by tapping the U.S. software group’s global reach. Singh told TechCrunch that the partnership would help BusinessNext “borrow” its go-to-marker “machinery” — referring to ServiceNow’s sales infrastructure — in markets where it has a limited presence.</p> <p class="wp-block-paragraph">“Think of it as a strategic partnership, which is cemented with funding,” he said.</p> <p class="wp-block-paragraph">BusinessNext’s software, Singh said, manages customer-facing banking workflows, while ServiceNow is stronger in workflow automation and back-office systems, a combination the two companies plan to sell jointly to financial institutions.</p> <p class="wp-block-paragraph">“India’s financial services sector is at an inflection point — institutions are moving from digital experimentation to full-scale AI-led operations,” Kulmeet Bawa, ServiceNow’s group vice president and managing director for India and SAARC, said. He added that the partnership combines ServiceNow’s enterprise workflow platform with BusinessNext’s banking expertise.</p> <p class="wp-block-paragraph">Founded in 2002, BusinessNext — known as CRMNext until 2022 — has spent several years building what Singh calls an “autonomous banking” platform, using AI agents to automate banking workflows while keeping sensitive customer data on private AI infrastructure to meet regulatory and privacy requirements.</p> <p class="wp-block-paragraph">Singh told TechCrunch that AI was built into the company’s platform from the outset rather than added later. “We actually renamed our company and we kind of rewrote our stack to put that fundamentally at the core,” he said.</p> <p class="wp-block-paragraph">BusinessNext employs more than 1,300 people across its operations and was <a href="https://tracxn.com/d/companies/businessnext/__aZfBqQtb1ZALK0Rnk3cbvNS1F_PTlAXYFYP5UUTq14Q" target="_blank" rel="noreferrer noopener nofollow">last valued at $181 million</a> in 2021, per private market intelligence platform Tracxn. It has raised more than $60 million in external funding and counts Avataar Ventures, Norwest Venture Partners, and Ascent Capital among its existing investors.</p> <p class="wp-block-paragraph">The deal comes as established enterprise software vendors face pressure from customers who are questioning whether traditional SaaS tools are worth paying for when AI-native alternatives are emerging. For ServiceNow, the deal builds out its position in banking by partnering with a company focused on AI-driven banking software, as it expands its enterprise software portfolio through acquisitions, investments, and partnerships.</p> </div><p><em>When you purchase through links in our articles, <a href="https://techcrunch.com/techcrunch-affiliate-monetization-standards/">we may earn a small commission</a>. This doesn’t affect our editorial independence.</em></p>#ServiceNow #bets #million #Indian #banking #software #specialist #expand #financial #services #push #TechCrunchServiceNow

Next post

यूनिफॉर्म सिविल कोड के जरिए हिंदू, मुस्लिम और सभी धर्मों के लोगों पर एक जैसे कानून लागू होंगे, शादी, तलाक और विरासत से जुड़े मामले इसमें शामिलः सीएम यादव

Post Comment