Do You Know Salary Of SBI Chairman? Check Lavish Govt Bunglow, Pension After Retirement And Other Perks
Former SBI Chairman Rajnish Kumar now earns a remuneration three times higher than his previous salary at India’s largest lender. Currently serving as Chairman of the Board at Indian fintech company BharatPe, Kumar also holds board positions at Hero MotoCorp, LTIMindtree, Ambuja Cements, Brookfield India Real Estate Trust, and Larsen & Toubro. His total remuneration from three of these firms in fiscal 2023 amounted to Rs 89 lakh.
Jan 05, 2025, 16:39 PM IST
Ashneer Grover Withdraws Mismanagement And Oppression Plea Against BharatPe From NCLT
The NCLT order from October 14, 2024, acknowledged that while the petition was still pending, the parties involved had reached a settlement.
Oct 18, 2024, 19:50 PM IST
BharatPe Group Reports Rs 209 Crore EBITDA Loss In FY24
The company's average merchant lending portfolio from loans originating through its platform grew by 40 per cent year-on-year (FY24 vs FY23).
Oct 16, 2024, 20:43 PM IST
Ashneer Grover Won't Be Associated With BharatPe In Any Capacity; Company Announces Settlement With Ex Founder
The Fintech company said that as part of the settlement, Grover will not be associated with BharatPe in any capacity nor be a part of the shareholding of the company. Certain shares of Grover shall be transferred to the Resilient Growth Trust for the benefit of the Company and his remaining shares will be managed by his family trust.
Sep 30, 2024, 08:36 AM IST
BharatPe Fraud Case: Delhi Police Arrests Ashneer Grover's Relative Deepak Gupta
The arrest of Deepak Gupta is a major development in the ongoing legal battle between BharatPe and Ashneer Grover.
Sep 20, 2024, 16:03 PM IST
Delhi HC Refers Dispute Between BharatPe, Ashneer Grover To Arbitration
In its plea filed before the Delhi High Court, the fintech company alleged that Grover disclosed confidential information relating to BharatPe on social media platforms, in violation of the employment agreement.
Aug 22, 2024, 16:00 PM IST
BharatPe, PhonePe Settle Trademark Dispute On Using 'Pe' Suffix
Both organisations will also undertake to carry out other necessary steps to comply with the obligations under the settlement agreement in respect of all cases before the Delhi and Bombay High Courts.
May 26, 2024, 19:25 PM IST
BharatPe One All-In-One Payment Device Launched, Integrates POS, QR, Speaker Into One Device
The company said that it plans to launch the product in 100+ cities in the first phase. It will further scale it to 450+ cities over the course of the next 6 months.
Apr 23, 2024, 15:05 PM IST
Fintech Firm Bharatpe Elevates Nalin Negi As CEO
Under him as an interim CEO and CFO, BharatPe recorded 182 per cent increase in revenue from operations in FY23 and clocked October as the first EBITDA positive month.
Apr 16, 2024, 11:33 AM IST
BharatPe Co-founder Ashneer Grover To Introduce ZeroPe App For Medical Loans
Grover, along with his wife Madhuri Jain Grover and entrepreneur Aseem Ghavri from Chandigarh, founded Third Unicorn in January 2023.
Apr 12, 2024, 17:45 PM IST
Delete Tweets Against BharatPe, Its Chairman: Delhi HC Tells Ashneer Grover
The Delhi High court directed that tweets and posts made by Ashneer and his wife Madhuri Jain Grover “should be taken down within 48 hours”.
Mar 15, 2024, 13:17 PM IST
BharatPe Faces Government Inquiry Amidst Legal Turmoil
The notice also queries findings from a status report submitted by the Delhi Police's Economic Offences Wing.
Feb 07, 2024, 14:40 PM IST
BharatPe Fraud: Ashneer Grover, Wife Move Delhi HC Challenging Look Out Circular
BharatPe's former MD Ashneer Grover's wife Madhuri Jain Grover was the head of controls at BharatPe and was fired in 2022 after a forensic audit revealed several irregularities.
Feb 01, 2024, 17:30 PM IST
BharatPe Turns EBITDA Positive; Clocks October 2023 As The First Profitable Month
In October, it facilitated loans exceeding Rs 640 crore for its merchants in partnership with its NBFC partners, a spike of 36 per cent year-on-year.
Nov 28, 2023, 13:51 PM IST
Delhi Police Summon Ashneer Grover And His Wife For Questioning
The summons comes in the wake of an incident where Grover claimed to have been stopped at Delhi airport on Thursday, preventing him and his wife from traveling to New York for a vacation.
Nov 19, 2023, 09:12 AM IST
Another Top-level Exit From BharatPe, CBO Nishant Jain Quits To Join Angel One
Nishant, who is an IIM-B alumnus with two decades of experience, has an impressive record of propelling Indian startups like BharatPe and Zomato towards growth.
Sep 06, 2023, 11:18 AM IST
BharatPe Launches New Android PoS Machine For Merchants
Powered by Android 10 operating system, the new device has a 5.5-inch HD touch screen and a long-lasting battery, supports fast charging, and is compatible with 4G and Wi-Fi for better connectivity.
Aug 11, 2023, 15:05 PM IST
Airport Lounges Are Like ‘Free Meal Scheme Canteens’: Ashneer Grover
On social media, the tweet soon gathered attention as many individuals expressed their agreement or disagreement with Grover's point of view.
Jun 22, 2023, 17:39 PM IST
BharatPe Appoints Sandeep Indurkar As CBO-Banking & Alliances
He will lead the P&L for BharatSwipe, the company's POS business as well as the rollout of BharatPe Speaker across markets, plus he will be leading the partnership with Unity Bank as well as the NBFC partners of BharatPe.
May 18, 2023, 14:35 PM IST
Delhi Police File FIR Against Bharatpe Ex-MD Ashneer Grover
The FIR, which was registered on the basis of a complaint filed by the company BharatPe, also mentions the name of his wife Madhuri Jain Grover, and three relatives -- Deepak Gupta, Suresh Jain and Shwetank Jain.