Page 8 - Bharatpe

Ashneer Grover resigned after receiving Board meet agenda on PwC probe

Ashneer Grover's 9.5% stake in the company might be clawed back as it is on the Board's agenda to deliberate on the issue in the meeting tonight.

Investor-founder relation in India is one of master-slave: Ashneer Grover

'I am the rebel slave who must be hung by the tree so none of the other slaves can dare to be like me ever again,' says co-founder of fintech unicorn BharatPe, Asheer Grover in resignation letter

Top headlines: Grover quits BharatPe board, India's Ukraine evacuation

The RBI is also gauging the extent of damage to the Indian banking sector amid the Ukraine crisis. More on this and other stories in our top headlines this morning.

Ashneer Grover resigns from BharatPe board amid boardroom battle

This comes amid a tussle in the company where Grover has found himself on the opposite side of the Board, key investors in the company and his co-founders

BharatPe co-founder & MD Ashneer Grover not granted reliefs by SIAC

Grover had filed an arbitration plea to stop a probe into alleged financial mismanagement in the company, and had also sought indemnity

Top headlines: India skips UNSC vote on Russia, LIC IPO pricing in limbo

Russia-India defence sales face looming sanctions. More on that in our top headlines.

GST intelligence body widens investigation on fintech firm BharatPe

Audit at BharatPe had suggested deeper investigation on deals with non-existent vendors

Top headlines: US to consult India on Ukraine, India Inc faces margin dip

The Centre will wait and watch how the Russia-Ukraine crisis affects the stock markets before taking a call on deferring the IPO of LIC. More on this in our top headlines.

BharatPe investors turn down Grover offer to sell stake for Rs 4k crore

A final decision on Ashneer Grover's fate at BharatPe may be taken by the investors and the board after the audit report is presented

The unravelling of Ashneer Grover's fortunes: A blow-by-blow account

Murmurs of a toxic work culture at BharatPe grew louder in the wake of its co-founder's personal behaviour

Unity SFB not affected by BharatPe tussle: Centrum Capital's Jaspal Bindra

Jaspal Bindra says Centrum's partnership is with funds like Sequoia, not Grovers

LIVE: Russia's military ops in Ukraine a 'forced measure', says Putin

President Volodymyr Zelenskiy said on Thursday Ukrainian forces were fighting to prevent Russian troops from capturing the former nuclear power plant at Chernobyl.

Top headlines: Ukraine president pleads for peace, oil shock may sting

Mutual funds are keeping their powder dry to invest in LIC's IPO that is expected to hit the market next month

BharatPe looking for CFO, internal audit head after sacking Madhuri Jain

Sources say fintech unicorn is in the process of hiring CFO, internal audit head, strengthening procurement processes in next one month

Rajnish Kumar rejects Ashneer's charges, says not stepping down from board

Amid the thickening Ashneer Grover-BharatPe saga, Chairman of the board of directors Rajnish Kumar said that Grover is only spreading lies and there is no substance in his allegations

BharatPe saga: Allegations fly thick and fast as firm fires Madhuri Jain

Founder & MD Ashneer Grover has filed an emergency plea in SIAC to stop a probe into alleged financial mismanagement in the company.

Governance lapses report in BharatPe in 2 weeks: CEO Suhail Sameer

An interim report on the review of the governance process in BharatPe is expected in the next couple of weeks, CEO Suhail Sameer told employees in a letter. BharatPe has a huge amount of cash in banks and existing investors continue to back the company. The firm does not need to raise capital in the foreseeable future, Sameer said in the letter.

Review of 'serious allegations' on, trust the Board: New BharatPe CEO

Meanwhile, reports have claimed that several BharatPe employees are looking for job change amid the saga.

BharatPe investors may make stake sale painful for Ashneer Grover: Experts

BharatPe founder's demand for Rs 4,000-crore payout rests on shaky ground

BharatPe appoints investor's lawyer on Board amid probe and tussle

John Bernard Weinstein, a lawyer who is a partner and deputy general counsel at venture capital firm Insight Partners, joined the BharatPe Board on February 2