Walmart gets $1 billion tax bill for shifting PhonePe headquarters to India: Report

New Delhi, 4/1: Walmart Inc and other PhonePe shareholders will have to pay nearly $1 billion in tax after the digital payments company shifted its headquarters to India, Bloomberg News reported on Wednesday, citing people familiar with the matter. PhonePe is raising funds at a $12 billion pre-money valuation from General Atlantic, Qatar Investment Authority…

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IMFA THERUBALI CELEBRATES 51st NATIONAL SAFETY WEEK

Rayagada: The week long 51st National Safety Week 2021 inaugurated on 4th March  was concluded on 10th March 2022. The safety week observed under the guidance of Sri.K.V.Rao , Vice-president & Executive In Charge Therubali , IMFA graced by Mr.Ranjit Kumar Nayk, Asst.Director Factories & Boilers, Rayagada Zone as chief guest. Sri Ramakrishna Tripathy Sr.Manager…

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BIPF honorsCentre for Integrated Rural and Tribal Development (CIRTD) with 12th Shambhavi Puraskar for rural development

The Bansidhar and Ila Panda Foundation (BIPF) has awarded the 12th Shambhavi Puraskar to the Centre for Integrated Rural and Tribal Development (CIRTD) for its outstanding work in rural development. CIRTD has been helping farmers, women, children, and youth in Sundargarh District, Odisha, by improving their lives through various programs. Dr. Sibaji Panda from Sonepur,…

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‘Live-in relationships timepass, temporary’: Allahabad HC

Allahabad, 24/10: In a contentious observation, the Allahabad High Court has termed live-in relationships as ‘timepass’ and ‘temporary’ as it declined to provide protection to an inter-faith couple, who had approached the court seeking police protection and quashing of the FIR lodged against the male partner charging him with kidnapping. The bench, comprising Justices Rahul…

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Two fighter jets collide mid-air during US air show in Idaho, four pilots eject safely

Idaho, 18/5: Two fighter jets collided mid-air during a demonstration event on Sunday in United States. The US Navy informed that the four crew members involved were ejected ⁠safely outside Mountain Home Air Force ⁠Base in Idaho. Clips shared on social media showed the aircrafts colliding and tumbling mid-air before crashing to the ground, causing…

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ECI rejects Congress’ allegations on Haryana Assembly elections, cautions against making false claims on EVMs

New Delhi, 29/10: The Election Commission on Tuesday ‘categorically rejected’ allegations of irregularities in Haryana elections raised by the Congress, asking it to conduct responsibly at sensitive electoral stages to “avoid possibilities of precipitation of public unrest and chaos. The poll body said the Congress has once again raised the “smoke of a generic doubt”…

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FM announces credit support for MSMEs, Mudra loan limits increased to Rs 20 lakh

New Delhi, 22/7: Union Minister Nirmala Sitharaman on Tuesday announced new mechanism for facilitating continuation of bank credit to MSMEs during their stress period without collateral or third party guarantee as she set out to present the Union Budget 2024. The limit for Mudra loans have also been increased from Rs 10 lakh to Rs…

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