Skip to main content

Walmart Confirms It Paid Most of $1 Billion Tax to Move PhonePe Headquarters to India | Technology News

Walmart Confirms It Paid Most of $1 Billion Tax to Move PhonePe Headquarters to India Walmart said on Wednesday that it had paid the Indian government most of the $1 billion (roughly Rs. 8,300 crore) tax after it shifted the headquarters for PhonePe from Singapore to India. The US retail giant said last month it had completed the separation of PhonePe from Flipkart, adding that it would remain a majority stakeholder in both firms.

Labels:

Comments

Post a Comment

Popular posts from this blog

Microsoft Muse AI Model Unveiled; Can Generate Game Visuals and Controller Actions | Technology News

Microsoft Muse AI Model Unveiled; Can Generate Game Visuals and Controller Actions Microsoft researchers introduced a new artificial intelligence (AI) model on Wednesday that can generate 3D gameplay environments. Dubbed the World and Human Action Model (WHAM) or Muse, the new AI model was developed by the tech giant’s Research Game Intelligence and Teachable AI Experiences (Tai X) teams in collaboration with Xbox Games Studios’ Ninja Theory.
Post a Comment
Read more

Microsoft Unveils Open-Source MatterGen AI Model That Can Generate Inorganic Material Designs | Technology News

Microsoft Unveils Open-Source MatterGen AI Model That Can Generate Inorganic Material Designs Microsoft researchers unveiled a new artificial intelligence (AI) model last week that can design new inorganic materials with desired properties. Dubbed MatterGen, the open-source large language model (LLM) is currently available in the public domain. The researchers have also published a paper highlighting that the technology can be used to accelerate the material d...
Post a Comment
Read more