Thursday, 18 August, 2022

Topic: BharatPe

Won’t allow Ashneer Grover & family to ‘tarnish firm’s image’ — full text of BharatPe statement

The New Delhi-based fintech company accused Grover of 'spinning lies and hurling baseless allegations and threats'.

BharatPe cuts ties with co-founder Ashneer Grover, accuses him of ‘spinning lies’

The New Delhi-based fintech company, in a statement Wednesday, said Grover was 'no longer an employee, a founder, or a director of the company'.

BharatPe co-founder Ashneer Grover resigns, says ‘won’t participate in charade’

New Delhi: BharatPe co-founder Ashneer Grover resigned as Managing Director and Board Director, minutes after receiving the agenda for the upcoming board meeting that...

Why e-payments firm BharatPe’s board wants to oust Ashneer Grover, who co-founded the company

Grover is locked in battle with fintech firm’s board as he faces allegations of financial fraud & misbehaviour that industry insiders attribute to ‘God Syndrome’ from his own success.

Why Kotak Mahindra Bank is taking legal action against BharatPe founder Ashneer Grover & wife

Grover sought damages of Rs 500cr in Oct 2021 for a notional loss allegedly suffered because of the bank. Kotak says it replied to notice, pursuing 'appropriate legal action'.

How did fintech start-up BharatPe manage to win a banking licence from RBI?

BharatPe’s unexpected bonanza could well set a template for post-Covid recapitalisation of Indian lenders.

On Camera


Farmers plant paddy saplings in a field | PTI Photo

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes

Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.


HAL signed an MoU for opening an office in Kuala Lumpur | Twitter

Hindustan Aeronautics Limited to open first overseas marketing office in Malaysia for LCA Tejas

HAL is tapping new business opportunities for Light Combat Aircraft Tejas as well as servicing of Su-30 aircraft and Hawk trainer aircraft for the Royal Malaysian Air Force.
NI 13.08

Tiranga vs Tiranga: Gloves are off as Kejriwal joins the ‘nationalism’ battle with Modi

Kejriwal’s maun vrat on Modi has ended. This is an important turn in Indian politics. In some ways rivalling the dramatic turn in Bihar.