Highlights

  • Jain was named in the preliminary investigation by Alvarez & Marsal (A&M) investigation
  • Madhuri Jain is BharatPe cofounder Ashneer Grover’s wife.

Latest news

National Herald Case: Delhi court refuses to take cognisance of ED chargesheet against Gandhis

National Herald Case: Delhi court refuses to take cognisance of ED chargesheet against Gandhis

Pressure building on Suryakumar as India eye series win over South Africa

Pressure building on Suryakumar as India eye series win over South Africa

Priyanka Chopra Jonas to be the first guest at Kapil Sharma's 'The Great Indian Kapil Show'

Priyanka Chopra Jonas to be the first guest at Kapil Sharma's 'The Great Indian Kapil Show'

AAP delegation to meet Gujarat CM, push 10-point farmers’ charter

AAP delegation to meet Gujarat CM, push 10-point farmers’ charter

AAP ramps up grassroots outreach in Gujarat ahead of elections

AAP ramps up grassroots outreach in Gujarat ahead of elections

Security forces hunt for terrorists holed up in Udhampur village

Security forces hunt for terrorists holed up in Udhampur village

EC publishes list of voters deleted from draft electoral rolls in Bengal under SIR 2026

EC publishes list of voters deleted from draft electoral rolls in Bengal under SIR 2026

AAP protests hazardous air pollution in Ahmedabad, demands action

AAP protests hazardous air pollution in Ahmedabad, demands action

BharatPe terminates Ashneer Grover's wife Madhuri Jain's services as head of controls

Madhuri Jain has been in charge of finances at BharatPe since October 2018

BharatPe terminates Ashneer Grover's wife Madhuri Jain's services as head of controls

New twist in the BharatPe saga, the company has fired head of control Madhuri Jain Grover weeks after she was sent on leave reportedly on the allegations of misappropriation of funds.

ET quoting unnamed sources said “It seems that the company has found certain financial irregularities in the company’s books and has strong proof on funds being ‘used’ for personal purchases."

Also watch and read: Madhuri Jain Grover lashes out after she is fired, posts video attacking BharatPe management

Reports also indicate that invoices were made for recruitment via Shwetank Jain - who is Madhuri's brother but no offers or consultancy has been recorded.

Madhuri Jain Grover was sent on leave in January after Ashneer Grover announced his leave of absence.

ADVERTISEMENT

Up Next

BharatPe terminates Ashneer Grover's wife Madhuri Jain's services as head of controls

BharatPe terminates Ashneer Grover's wife Madhuri Jain's services as head of controls

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

ADVERTISEMENT

editorji-whatsApp

More videos

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

India International Trade Fair begins at Pragati Maidan amid tight security

India International Trade Fair begins at Pragati Maidan amid tight security

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.