Mangaluru: A meeting chaired by Dinesh Gundu Rao, the minister in charge of Dakshina Kannada district, has decided to hold the Karavali Utsav at Pilikula Nisargadhama instead of Karavali Utsav Maidan in Mangaluru.

Deputy Commissioner Mullai Muhilan M.P. stated that the Karavali Utsav was previously organised at the Karavali Utsav ground in Lalbagh. However, the festival has not been held for the past few years. This year, it has been decided to organise it at Pilikula, utilising the facilities of Urban Haat, Samskritika grama, and others to attract more people, as reported by Deccan Herald.

The festival will take place starting from the third Saturday of December and will continue for a month. The Deputy Commissioner said the inaugural program is likely to be held on December 13, followed by month-long celebrations.

The decision aims to celebrate the Karavali Utsav in a new way by showcasing the linguistic diversity of Dakshina Kannada and the culture of the Koraga community in a global village model.

In the meeting, Gundu Rao also instructed authorities to establish the necessary committees for Kambala and Karavali Utsav.

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New Delhi, Nov 22: Flipkart's co-founder Binny Bansal has stepped down from the board of PhonePe, the fintech company said on Friday.

PhonePe also announced the appointment of Manish Sabharwal as an Independent Director and Chair of its Audit Committee.

In this role, Sabharwal will be instrumental in upholding the integrity and effectiveness of PhonePe's financial reporting, internal controls, and risk management practices, he company said in a release.

"PhonePe also announced that Flipkart's co-founder, Binny Bansal has stepped down from its Board of Directors. Binny acquired PhonePe in 2016 and has been on its Board since then," the release said.

Commenting on the board rejig, Sameer Nigam, CEO and Founder of PhonePe said, "I would like to express my heartfelt gratitude to Binny Bansal for being one of PhonePe's earliest and staunchest supporters. His active engagement, strategic guidance, and personal mentorship have profoundly enriched our discussions. Binny will be missed!"

Nigam further said that Sabharwal's depth of understanding of India's macro economy, coupled with his leadership in shaping India's policies for education, employment, and employability will be invaluable as PhonePe continues to work ahead towards shared vision of a Viksit Bharat by 2047.

Sabharwal is Vice-Chairman of Teamlease Services, India's largest staffing and human capital firm.

Bansal played an instrumental role in Flipkart's acquisition of PhonePe way back in 2016 and had been on its board since then (the payments firm separated from Flipkart in 2022).