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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Details of the startup’s business model, founders’ contested stake and allotment of ESOPs to independent directors have been sought as part of a probe.
BharatPe’s board of directors has been sent a notice with a nine-page questionnaire from the Ministry of Corporate Affairs, according to two people directly aware of the matter. The ministry wants details about various aspects of the startup’s operations as well as potential irregularities including co-founder Bhavik Koladiya’s stake in the company.
The notice was received by the fintech startup early last week, and it has 15 days to prepare a response, say the two people, both of whom spoke on condition of anonymity.
Delhi-based BharatPe has been at the centre of controversy over the past three months, with a …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The Rs 900 crore capital fight with BharatPe over the small finance bank could leave Centrum’s investors holding the loss.
