ashneer grover – The News Desk

Ashneer Grover Alleges Oppression, Mismanagement Against BharatPe; Approaches NCLT

30Dec

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Business

Ashneer Grover Alleges Oppression, Mismanagement Against BharatPe; Approaches NCLT

Ashneer Grover. (File photo)Ashneer Grover requests NCLT to order inspection and audit of the company by Ministry of Corporate Affairs and to revert any shares/ESOPs issued since his resignation on March 1, 2022Ashneer Grover, co-founder and former managing director of BharatPe, has moved the National Company Law Tribunal (NCLT), alleging oppressive conduct and mismanagement by the board of the fintech firm. In his petition, Grover has prayed for reinstating him as managing director of the company and declare as “illegal” changes in the management of the company by altering the board of Resilient Innovations Pvt Ltd, which is doing business as BharatPe.He has also requested NCLT to order inspection and audit of the company by the Ministry of Corporate Affairs and to revert any shares/ESOP...

‘Boards Are Puppets of Investors’: Ashneer Grover REACTS on Sam Altman’s Sacking from OpenAI

18Nov

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Business

‘Boards Are Puppets of Investors’: Ashneer Grover REACTS on Sam Altman’s Sacking from OpenAI

Reacting to Sam Altman‘s ousting from ChatGPT maker OpenAI, Ashneer Grover has termed company boards as “puppets of investors”. He said he would love to see some day 60-year-old board members come together as founders to build anything meaningful.OpenAI’s board on Friday sacked Sam Altman as the company’s CEO and director saying that “the board no longer has confidence in his ability”.Ashneer Grover, who is also embroiled in a case by a company he co-founded BharatPe, in a post on X said, “Board mein khud ability hoti nahi kuchh banane ki — puppets of investors. Would love to see some day 60 year old Board members come together as Founders to build anything meaningful.”So @sama got ousted latest. Apparently ‘Board lost faith in his ability’.“Board mein khud ability hoti nahi kuchh banane ...

Ashneer Grover, Wife Madhuri Stopped At IGI From Leaving For US; Receives Summons From EOW

17Nov

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Business

Ashneer Grover, Wife Madhuri Stopped At IGI From Leaving For US; Receives Summons From EOW

Ashneer Grover, with his wife Madhuri Jain Grover. (Photo: Ashneer Grover's Instagram handle)Ashneer Grover says he had not received any communication or summon from EOW since FIR in May till 8 AM today 17 morning (7 hours after returning from airport)Ashneer Grover and his wife Madhuri Jain Grover were stopped at the Indira Gandhi International (IGI) Airport on Thursday evening by the Economic Offences Wing (EOW) of Delhi Police while they were travelling to New York for a vacation. Reacting to the reports, Ashneer Grover on Friday said he received EOW summons today morning only 7 hours after returning from airport.Sharing details in a post on X on Friday, Grover said, “I found it strange as have travelled 4 times internationally since FIR filed in May – never been a problem and I had no...

Airport Lounges Are Like ‘Free Meal Scheme Canteens’, Says Ashneer Grover

23Jun

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Business

Airport Lounges Are Like ‘Free Meal Scheme Canteens’, Says Ashneer Grover

Ashneer Grover, the former managing director of BharatPe, has spoken on the exclusivity of airport lounges versus dining at airport restaurants, saying lounges are like free meal scheme canteens — with credit cards as redeeming vouchers. He also said there is more exclusivity in sitting in any airport restaurant and paying for your meal.He said this while responding to a Twitter post by a parody account ‘Gabbar’ on the airport lounges.In the tweet, ‘Gabbar’ had said, “Going to the Airport Lounge these days is basically rubbing shoulders with declasse deal hunters jostling to have that cold samosa. So I always prefer to stay in the common area."Responding to this, Grover in a Twitter reply said, “There is more exclusivity in sitting in any airport restaurant and paying for your meal. Loung...