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Shilpa Shetty and Raj Kundra welcome their second child

This morning, Shilpa Shetty surprised everyone with her Instagram post. Well, she posted that she and her husband Raj Kundra have welcomed their second child. This post came as a surprise because Shilpa was not pregnant.

Along with a small glimpse of the baby, Shilpa posted, “||Om Shri Ganeshaya Namah|| Our prayers have been answered with a miracle... With gratitude in our hearts, we are thrilled to announce the arrival of our little Angel, ???????? ?????? ??????? Born: February 15, 2020 Junior SSK in the house? ‘Sa’ in Sanskrit is “to have”, and ‘Misha’ in Russian stands for “someone like God”. You personify this name - our Goddess Laxmi, and complete our family. ~ Please bestow our angel with all your love and blessings??❤ ~ Ecstatic parents: Raj and Shilpa Shetty Kundra Overjoyed brother: Viaan-Raj Kundra . . . . . . . . . #SamishaShettyKundra? #gratitude #blessed #MahaShivratri #daughter #family #love.”


Well, Shilpa and Raj have opted for surrogacy or adoption to embrace parenthood for the second. We congratulate them for the new entrant in their family.

Talking about movies, Shilpa Shetty will be making her big-screen comeback this year after a gap of 13 years. Shilpa has two releases this Nikamma and Hungama 2. While the former hits the screens 5th June 2020 and the latter is slated to release on 14th August 2020. We are sure fans of Shilpa are super excited about her comeback.

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Bars and restaurants saw critical distress jump 41.7 per cent.

(Representative image-iStock)

Tax reforms threaten Britain’s family firms as financial strain deepens

Highlights

  • Family businesses make up 90 per cent of UK private firms and employ 13.9 m people.
  • Nearly 50,000 businesses now in critical financial distress, up 21 per cent year-on-year.
  • Ethnic minority businesses contribute £74 bn annually despite facing funding barriers.
Family-owned companies, the backbone of Britain’s private sector, are warning that looming inheritance tax reforms could cripple investment, drive jobs overseas, and weaken an economy already battling rising financial distress.
Ranjit Singh Boparan started with a small bank loan and a butcher’s knife. Today, his 2 Sisters Food Group employs 25,000 people and supplies chicken and ready meals to almost every major UK supermarket. He notes that family businesses like his have been forgotten by the government.

“To get the UK economy going you’ve got to use family businesses as the backbone of it, not the BlackRocks or the Vanguards,” Boparan told The Times. He says overseas investment giants “will come in, they will take and they will go. He adds they have no allegiance to the country.” Boparan describes the proposed changes as “horrific” for family businesses and warns they threaten food security as companies think twice about investing.

Family firms make up 90 per cent of all private sector companies in the UK and employ 13.9 million people. These businesses contributed £575 billion to the economy in 2020, accounting for 51 per cent of all private sector employment.

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