Kotak Alts secures record ₹3,900 crore first close for private credit fund

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The fundraise drew participation from domestic family offices, ultra high-net-worth individuals and major Indian insurance companies.

The fundraise drew participation from domestic family offices, ultra high-net-worth individuals and major Indian insurance companies.

Kotak Alternate Asset Managers Limited announced Thursday the first close of its Kotak Yield & Growth Fund at ₹3,900 crore ($430 million), marking the largest-ever domestic private creditrais funde in India. The Category II Alternative Investment Fund has a target corpus of ₹5,000 crore.

The fundraise drew participation from domestic family offices, ultra high-net-worth individuals and major Indian insurance companies. This represents Kotak Alts’ first fund raised entirely from the domestic market through Kotak Private Banking relationships, departing from its historical reliance on global institutional investors.

The sector-agnostic fund targets cash-flow-positive assets in mid to large-sized enterprises with strong governance practices. Its strategy combines stable yield generation with selective growth opportunities, emphasizing rigorous underwriting and capital preservation.

Srini Sriniwasan, Managing Director at Kotak Alts, said the fund brings institutional-grade rigor developed over two decades to domestic investors. CEO Amit Jain attributed the strong response to investor confidence in the firm’s risk management framework and execution capabilities.

Kotak Alts, established in 2005 as part of the Kotak Mahindra Group, has managed and advised over $22 billion across private equity, real estate, infrastructure, and private credit. The fund aims to capitalize on India’s expanding private credit market while maintaining focus on businesses with clear exit pathways.

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Published on February 12, 2026

Apple Fixes Exploited Zero-Day Affecting iOS, macOS, and Apple Devices

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Ravie LakshmananFeb 12, 2026Zero-Day / Vulnerability

Apple on Wednesday released iOS, iPadOS, macOS Tahoe, tvOS, watchOS, and visionOS updates to address a zero-day flaw that it said has been exploited in sophisticated cyber attacks.

The vulnerability, tracked as CVE-2026-20700 (CVSS score: N/A), has been described as a memory corruption issue in dyld, Apple’s Dynamic Link Editor. Successful exploitation of the vulnerability could allow an attacker with memory write capability to execute arbitrary code on susceptible devices. Google Threat Analysis Group (TAG) has been credited with discovering and reporting the bug.

“Apple is aware of a report that this issue may have been exploited in an extremely sophisticated attack against specific targeted individuals on versions of iOS before iOS 26,” the company said in an advisory. “CVE-2025-14174 and CVE-2025-43529 were also issued in response to this report.”

It’s worth noting that both CVE-2025-14174 and CVE-2025-43529 were addressed by Cupertino in December 2025, with the former first disclosed by Google as having been exploited in the wild. CVE-2025-14174 (CVSS score: 8.8) relates to an out-of-bounds memory access in ANGLE’s Metal renderer component. Metal is a high-performance hardware-accelerated graphics and compute API developed by Apple.

CVE-2025-43529 (CVSS score: 8.8), on the other hand, is a use-after-free vulnerability in WebKit that may lead to arbitrary code execution when processing maliciously crafted web content.

The updates are available for the following devices and operating systems –

  • iOS 26.3 and iPadOS 26.3 – iPhone 11 and later, iPad Pro 12.9-inch 3rd generation and later, iPad Pro 11-inch 1st generation and later, iPad Air 3rd generation and later, iPad 8th generation and later, and iPad mini 5th generation and later
  • macOS Tahoe 26.3 – Macs running macOS Tahoe
  • tvOS 26.3 – Apple TV HD and Apple TV 4K (all models)
  • watchOS 26.3 – Apple Watch Series 6 and later
  • visionOS 26.3 – Apple Vision Pro (all models)

In addition, Apple has also released updates to resolve various vulnerabilities in older versions of iOS, iPadOs, macOS, and Safari –

With the latest development, Apple has moved to address its first actively exploited zero-day in 2026. Last year, the company patched nine zero-day vulnerabilities that were exploited in the wild.



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UK economy grows by 0.1% despite uncertainty over Reeves’s budget | Economic growth (GDP)

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The UK economy expanded by 0.1% in the final three months of last year, according to official data, despite signs that tax speculation around Rachel Reeves’s budget had dampened spending.

Figures from the Office for National Statistics show that the economy picked up a little in the fourth quarter, increasing from a rate of 0.1% growth in the previous three months. Economists had been expecting a rise of 0.2%.

The economy grew by 1.3% in 2025, an improvement on growth of 1.1% in 2024. The ONS said it grew by 0.1% on a monthly basis in December, slowing from 0.2% in November.

The rise came despite consumer and business surveys suggesting economic activity had slowed in the run-up to the late November budget, as households held off spending and companies delayed investment decisions amid speculation that the chancellor would implement significant tax rises.

The data is a fillip for Reeves, who hopes an economic turnaround will help Labour’s fortunes.

The UK economy fared relatively well in the first half of 2025, with growth of 0.7% in the first quarter and 0.3% in the second quarter. However, economic output was then hit by the cyber-attack on Britain’s biggest carmaker, Jaguar Land Rover, which depressed vehicle production and led to the minimal growth in the third quarter.

The Office for Budget Responsibility had forecast GDP growth to be 1.5% in 2025 and 1.4% in 2026. The government’s official forecaster expects the economy to grow at annual pace of 1.5% up to 2030, partly because of low productivity growth.

Bank of England policymakers left interest rates unchanged at 3.75% last week but indicated that lower inflation as a result of cost of living measures in Reeves’s budget should pave the way for cuts in the months ahead.



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Anthony Albanese raises bulldozed Australian war graves with Israeli president | Australian military

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The prime minister, Anthony Albanese, has raised the issue of Australian war graves bulldozed by the Israeli military in Gaza directly with the Israeli president, Isaac Herzog.

Dozens of Australian war graves – mostly soldiers who died in Palestine during the second world war – were bulldozed by the Israel Defense Forces across April and May last year. Satellite images show the southern corner of the Gaza Commonwealth War Cemetery being obliterated, with headstones destroyed and soil pushed by machinery into an earthen berm.

The majority of graves in that corner of the cemetery – sections A and B – hold the remains of Australian soldiers.

After Guardian reporting last week, the Australian embassy in Tel Aviv raised the issue with both the Israeli ministry of foreign affairs and its defence ministry.

A satellite image of Gaza Commonwealth War Cemetery

This week, the prime minister directly raised the issue with Herzog during meetings in Canberra, impressing upon the president the importance of repairs being conducted as soon as possible. The Australian government has confirmed its nationals’ graves will be restored when it is safe to do so.

Asked about the desecration of Australian graves in Gaza, Penny Wong told Senate estimates: “All of the graves and places where Australians have fallen and are interred have great significance for our country, particularly for the Australian veterans community, but for all of us.

“It is a matter of great importance to the government, it is a matter of great importance to the veterans community, and we have been clear with Israel about the importance these graves hold for Australians.”

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Wilma Spence’s father, Albert Kemp, a decorated Anzac who died in Palestine in the second world war, is buried at the cemetery.

In a moving interview on the weekend, Spence told Guardian Australia of her family’s grief and shock at learning of the destruction of her father’s grave.

Spence said she still hadn’t received any information from the Australian government about her father’s grave, and was told by the Australian War Graves Commission that it could not discuss individual graves with her.

She wanted to know whether the prime minister asked Herzog to pay for the cemetery’s restoration, and questioned why the government was not stronger in condemning the destruction.

“I just think why are they not saying anything – that’s what’s getting me,” Spence said. “Where are the press releases? Why didn’t they say anything as soon as they found out?”

Independent senator for the ACT, David Pocock, raised the issue in Senate estimates, and told the Guardian it was “unacceptable that the IDF has bulldozed Australian war graves in Gaza”.

“I’m also concerned by the apparent timidity of the government to hold the Israeli government to account and to call on them to fully fund the restoration. Why should the Commonwealth War Graves Commission be responsible for restoration?

“When you look at satellite imagery, and the witness accounts, it seems clear that the cemetery has been bulldozed, but we still don’t have the full picture on the extent to which the graves have been disturbed.”

Pocock said the Australians’ war graves were sacred places.

“And I think there is an expectation that when they are desecrated, we use every tool at our disposal to hold those responsible to account,” he said.

The Tuffah area of Gaza City, in which the cemetery sits, has been shelled throughout the current conflict. But more systematic and extensive damage was caused by military earthmoving in April and May of last year.

Essam Jarada, Gaza cemetery’s former caretaker, whose home is also close by, said two bulldozing operations took place at the cemetery in April and May 2025.

“An area of slightly less than one dunum [1,000 sq metres] was bulldozed inside the cemetery walls, specifically in the corner of the cemetery which contains graves of Australian soldiers. The bulldozing covered the area from the bench where foreign visitors used to sit up to the memorial monument. Bulldozers also created sand mounds that were used as earth barriers,” Jarada said.

“I witnessed this bulldozing after the Israeli army withdrew from the area, around late April or early May.”

A diagram of the Gaza war cemetery

After being shown satellite images of the cemetery, the IDF said that it had been forced to take defensive measures during military operations.

“During IDF operations in the area, terrorists attempted to attack IDF troops and took cover in structures close to the cemetery. In response to ensure the safety of IDF troops operating on the ground, operational measures were taken in the area to neutralize identified threats.”

In response to a series of questions, a spokesperson for Australia’s Department of Veterans’ Affairs told the Guardian there had been “significant damage” to the Gaza War Cemetery, “and this includes the graves of Australians”.

“The Office of Australian War Graves is very concerned by the damage to the cemetery,” they said.

“The Commonwealth War Graves Commission plans to secure and repair the cemetery as soon as it is safe to do so, however, it is expected that full reconstruction will take some time as the immediate post-conflict priority for works will be directed to humanitarian efforts.”

The Guardian has sought comment from the office of the Israeli president.



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5 players included in T20 World Cup 2026, who have played ICC tournaments for other countries, an ‘Indian cricketer’ also included

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T20 World Cup 2026: The first week of T20 World Cup 2026 is going great. Many small teams have surprised the World Champions with strong performances. This time 20 countries are included in the tournament. There are many players in the tournament who are playing an ICC tournament for the first time. At the same time, there are some players included who have previously played ICC tournaments for some other country and are playing for some other country in this event. One player is also of Indian origin. This player has played Under-19 World Cup for India. Let us know about 5 such players who are playing in the 2026 T20 World Cup, but had earlier played in ICC tournaments for some other country.

Netherlands all-rounder Roelof van der Merwe is a big name in this list. He earned name by playing for South Africa in the beginning of his career. At the end of 2000, he played 26 matches for South Africa. Royaloff represented South Africa in the 2009 Champions Trophy and 2009, 2010 T20 World Cup.

His team reached the semi-finals in the 2009 T20 World Cup. After this he started playing for Netherlands and has played for Netherlands in the last four T20 World Cups (including 2026) and 2023 ODI World Cup.

USA fast bowler Ehsan Adil made his debut for USA in the match against Pakistan in the current tournament. 32 year old Adil played for Pakistan in the early 2010s. He played a total of 9 matches for Pakistan in Test and ODI. He was also a part of Pakistan’s team in the 2015 ODI World Cup. Till now, all 9 wickets in his international career are for Pakistan only. He did not get any wicket in the match against USA.

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New Zealand batsman Mark Chapman started his international career from Hong Kong. 31-year-old Chapman played 2 ODIs and 19 T20Is for Hong Kong. He represented Hong Kong in the 2014 and 2016 T20 World Cups.

In the 2016 T20 World Cup, he played an inning of 60 runs against Scotland, which was his highest score. After this he started playing for New Zealand and has been in the New Zealand team in the last three T20 World Cups (including 2026).

USA batsman Shehan Jayasuriya has previously been a part of the Sri Lankan team. 34-year-old Shehan has not yet made his debut for USA, but has played 30 international matches for Sri Lanka. He played 2 matches for Sri Lanka in the 2016 T20 World Cup. Overall he has 436 runs and 6 wickets in his international career.

USA spin all-rounder Harmeet Singh is the only player who has previously played in the Under-19 World Cup for another country. 33 year old Harmeet played for none other than India in the 2010 and 2012 Under-19 World Cups. He played an important role in India’s victory in the 2012 Under-19 World Cup.

He took 2 wickets against New Zealand in the semi-finals and gave an excellent bowling performance of 0/30 in 10 overs against Australia in the final. He has taken 7 wickets in 8 matches for USA in the 2024 and 2026 T20 World Cup.

Supreme Rebuke: Cannot defame a section of the society, first tell the changed name, only then ‘Ghooskhor Pandat’ will be released – Supreme Court Controversy Over Film Ghooskhor Pandat Notice Issued Producers Asked What Will Be New Name

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The Supreme Court on Thursday reprimanded Neeraj Pandey, the filmmaker of the film ‘Ghooskhor Pandit’. The court said that one cannot defame a section of the society by using such titles. While hearing a petition seeking a stay on the release of Manoj Bajpayee starrer film ‘Ghooskhaer Pandit’, the Supreme Court expressed strong objection to the name of the film. This film was going to be released on OTT platform Netflix.



The film will be released only after revealing the new name.
According to PTI news, the bench of Justices BV Nagarathna and Ujjal Bhuyan has also issued a notice to the Ministry of Information and Broadcasting, Central Board for Film Certification on a petition regarding the film ‘Ghooskhaer Pandit’. The court said, ‘Why are you defaming a section of the society by using such a title? This is against morality and public order. Unless you tell us the changed name. We will not let you release the film.
The court directed the film makers to file an affidavit that ‘Ghooskhor Pandit’ does not degrade any section of the society. The next hearing of the case will be on February 19.

Both brothers did tremendous Bhangra, girls kept watching their dance steps on Punjabi song, viral video

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Both brothers did tremendous Bhangra, girls kept watching their dance steps on Punjabi song, viral video

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Both brothers did tremendous Bhangra, girls kept watching their dance steps on Punjabi song, viral video

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Viral Video: As soon as the beat of the Punjabi song echoed on the stage, both the brothers performed such a stage-breaking Bhangra that the entire atmosphere was electrified. The tremendous energy, powerful steps and perfect coordination forced the audience to get up from their seats and clap. His enthusiasm and confidence made the performance so spectacular that even the girls sitting in front kept looking at him. The video of this explosive Bhangra is becoming increasingly viral on social media. In the comments, users are praising the energy and dance skills of the brothers. Many people are calling it “full on Punjabi vibes”. Overall, this viral video is making a lot of noise on the internet.

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You will be able to see the results of Bangladesh elections here in one click, know till when will the voting take place and when will the results come.

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Voting for general elections is taking place in Bangladesh today (12 February). A large crowd of people is being seen at the polling stations. People can vote till 4:30 pm on 12th February. In Bangladesh, a country with a population of approximately 17 crores, more than 12 crore people are eligible to vote. Voting is taking place in 299 out of 300 parliamentary seats in the country. A total of 1,981 candidates are in the fray.

Along with the elections, a referendum is also being held in Bangladesh on a complex 84-point reform package. This time the main contest is believed to be between Bangladesh Nationalist Party (BNP) and its former ally Jamaat-e-Islami. Earlier, the interim government led by Muhammad Yunus had dissolved Sheikh Hasina’s Awami League last year and banned the party from contesting elections.

What did Mohammad Yunus say?
Counting of votes is expected to begin immediately after polling ends and the official results are likely to be declared tomorrow i.e. on 13th February. Mohammad Yunus has said that he will soon hand over power to the elected government. He has appealed to all political parties, candidates and concerned parties to maintain restraint, tolerance and democratic behavior during voting.

You can see the results of Bangladesh elections here

live TV: https://news.abplive.com/live-tv

ABP Live (Hindi): https://www.abplive.com/

ABP Network YouTube: https://www.youtube.com/watch?v=nyd-xznCpJc

ABP Live (English): https://news.abplive.com/

Apart from this, viewers will also be able to watch the complete live broadcast of the result on the social media platforms of ABP News.

ABP News Instagram: https://www.instagram.com/abpnewstv/

ABP Live Instagram: https://www.instagram.com/abplivenews/

abp live x: https://x.com/abplive

The general elections being held in Bangladesh are also being called Gen Z elections. According to the data of the Election Commission of Bangladesh, out of about 12.7 crore voters, 3.58 percent are first time voters. These youth became eligible voters to vote only after the fall of Sheikh Hasina’s government. Apart from this, for the first time in the country, about 8 lakh registered migrant Bangladeshis will be able to vote through IT based postal ballot system.

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IT stocks TCS, Wipro, Infosys fall 5% as AI disruption fears drag index down

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IT stocks came under heavy selling pressure on Thursday, with the Nifty IT index declining sharply by 5 per cent as investor concerns mounted over the potential impact of artificial intelligence-led disruption on software services earnings.

The Nifty IT index fell 4.8 per cent to 33,408.15, compared with the previous close of 35,095.15, with all constituent stocks trading in negative territory during the session. The broad-based sell-off reflected heightened nervousness about how rapid advances in AI technologies could reshape demand for traditional outsourcing and services models.

Major IT names led the decline, with Wipro, TCS, Coforge, LTIMindtree, Infosys and Oracle Financial Services Software among the top losers on the index. The weakness across large-cap and mid-cap players underlined the sector-wide nature of the correction.

Heavyweight TCS shares fell to a 52-week low of ₹2,766, down 5 per cent from the previous close of ₹2,909.80. Wipro also shed 5 per cent to a 52-week low of ₹218.50 against the previous close of ₹229.81. Infosys depreciated by 5 per cent to ₹1,395.50 compared to the previous close of ₹1,471.90.

Key stocks such as Wipro and Tech Mahindra are trading below important support levels, reflecting weak momentum, Drumil Vithlani, Technical Analyst at Bonanza, said.

Market participants said the drop was driven by intensifying fears that AI-driven automation could pressure billing rates and reduce demand for certain service lines, potentially weighing on medium-term revenue visibility. Concerns have also surfaced around increased investments required to adapt to evolving technologies, which may impact margins.

The sell-off comes amid broader global debates over the pace at which generative AI and automation tools are being adopted by enterprises, prompting investors to reassess growth assumptions for IT service providers. While companies have highlighted opportunities in AI-led transformation deals, the near-term uncertainty has led to cautious sentiment in the market.

Analysts expect volatility in IT stocks to persist as investors track deal pipelines, spending trends in key markets and management commentary on AI adoption strategies. For now, the sector remains under pressure as the market recalibrates expectations around the evolving technology landscape.

The RSI across the sector is in oversold territory, suggesting the possibility of a technical bounce; however, the broader trend remains negative. Any recovery towards resistance zones is likely to face selling pressure. In the near term, a cautious approach is advised, with a preference for a sell-on-rise strategy until the index regains strength above critical resistance levels, Bonanza analyst said.

Published on February 12, 2026

China’s APT31 used Gemini to plan US cyberattacks • The Register

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A Chinese government hacking group that has been sanctioned for targeting America’s critical infrastructure used Google’s AI chatbot, Gemini, to auto-analyze vulnerabilities and plan cyberattacks against US organizations, the company says.

While there’s no indication that any of these attacks were successful, “APT groups like this continue to experiment with adopting AI to support semi-autonomous offensive operations,” Google Threat Intelligence Group chief analyst John Hultquist told The Register. “We anticipate that China-based actors in particular will continue to build agentic approaches for cyber offensive scale.”

In the threat-intel group’s most recent AI Threat Tracker report, released on Thursday and shared with The Register in advance, Google attributes this activity to APT31, a Beijing-backed crew also known as Violet Typhoon, Zirconium, and Judgment Panda. 

This goon squad was one of many exploiting a series of Microsoft SharePoint bugs over the summer, and in March 2024, the US issued sanctions against and criminally charged seven APT31 members accused of breaking into computer networks, email accounts, and cloud storage belonging to numerous high-value targets.

The most recent attempts by APT31 to use Google’s Gemini AI tool happened late last year, we’re told. 

“APT31 employed a highly structured approach by prompting Gemini with an expert cybersecurity persona to automate the analysis of vulnerabilities and generate targeted testing plans,” according to the report. 

The adversaries’ adoption of this capability is so significant – it’s the next shoe to drop

In one case, the China-based gang used Hexstrike, an open source, red-teaming tool built on the Model Context Protocol (MCP) to analyze various exploits – including remote code execution, web application firewall (WAF) bypass techniques, and SQL injection – “against specific US-based targets,” the Googlers wrote. 

Hexstrike enables models, including Gemini, to execute more than 150 security tools with a slew of capabilities, including network and vulnerability scanning, reconnaissance, and penetration testing. Its intended use is to help ethical hackers and bug hunters find security weaknesses and collect bug bounties – but shortly after its release in mid-August, criminals began using the AI platform for more nefarious purposes.

Moving closer to automated attacks

Integrating Hexstrike with Gemini “automated intelligence gathering to identify technological vulnerabilities and organizational defense weaknesses,” the AI threat tracker says, noting that Google has since disabled accounts linked to this campaign. “This activity explicitly blurs the line between a routine security assessment query and a targeted malicious reconnaissance operation.”

Google’s report, which picks up where its November 2025 analysis left off, details how government-backed groups and cybercriminals alike are abusing Google’s AI tools, along with the steps the Chocolate Factory has implemented to stop them. And it finds that attackers – just like everybody else on the planet – have a keen interest in agentic AI’s capabilities to make their lives and jobs easier.

“The adversaries’ adoption of this capability is so significant – it’s the next shoe to drop,” Hultquist said.

He explained there are two areas that Google is most concerned about.

“One is the ability to operate across the intrusion,” he said, noting the earlier Anthropic report about Chinese cyberspies abusing its Claude Code AI tool to automate most elements of attacks directed at high-profile companies and government organizations. In “a small number of cases,” they even succeeded.

“The other is automating the development of vulnerability exploitation,” Hultquist said. “These are two ways where adversaries can get major advantages and move through the intrusion cycle with minimal human interference. That allows them to move faster than defenders and hit a lot of targets.”

Mind the patch gap

In addition, using AI agents to find vulnerabilities and test exploits widens the patch gap – the time between the bug becoming known and a full working fix being deployed and implemented.

“It’s a really significant space currently,” Hultquist said. “In some organizations, it takes weeks to put defenses in place.”

This requires security professionals to think differently about defense, using AI to respond and fix security weaknesses more quickly than humans can on their own.

“We are going to have to leverage the advantages of AI, and increasingly remove humans from the loop, so that we can respond at machine speed,” Hultquist noted.

The latest report also found an increase in model extraction attempts – what it calls “distillation attacks” – and says both GTIG and Google DeepMind identified miscreants attempting to perform model extraction on Google’s AI products. This is a type of intellectual property theft used to gain insights into a model’s underlying reasoning and chain-of-thought processes. 

“This is coming from threat actors throughout the globe,” Hultquist said. “Your model is really valuable IP, and if you can distill the logic behind it, there’s very real potential that you can replicate that technology – which is not inexpensive.”

This essentially gives criminals and shady companies the ability to accelerate AI model development at a much lower cost, and Google’s report cites “model stealing and capability extraction emanating from researchers and private sector companies globally.” ®



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