77-year-old cake slice of Queen Elizabeth’s wedding auctioned for Rs 2.40 lakh
Colchester: A 77-year-old slice of wedding cake from the royal wedding of Queen Elizabeth II and Prince Philip has fetched approximately Rs 2.40 lakh, according to auction house Reeman Dansie.
Described as a "very rare slice," the piece of cake, which is no longer fit for consumption, has survived for nearly eight decades since the couple's wedding on November 20, 1947.
According to CNN, the slice is neatly packaged in a small box with the silver insignia of the then-Princess Elizabeth stamped on it and an elaborate doily inside. The original recipient of this specific slice was Marion Polson, a housekeeper at Holyrood House in Edinburgh, Scotland, who received it as a gift from the royal couple.
Alongside the cake, Polson received a letter from Elizabeth thanking her for the wedding gift. “We are both enchanted with the dessert service; the different flowers and the beautiful colouring will, I know, be greatly admired by all who see it. This is a present which we shall use constantly, and whenever we do we shall think of the kindness and good wishes for our happiness which it represents,” reads the typewritten note, signed by Elizabeth.
Elizabeth and Philip’s wedding cake was an extravagant, nine-foot tall (2.7 meters) creation, which weighed 500 pounds, the report added.
It was adorned with both families’ coats of arms and sugar-iced figures of the couple’s favourite hobbies. It provided 2,000 slices for wedding guests, with additional portions sent to charitable organisations and other institutions. One of its tiers was also preserved for the christening of Prince Charles.
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Binny Bansal steps down from board of PhonePe
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).
