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BharatPe sacks Ashneer Grover’s wife Madhuri Jain, cloud over use of funds

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BharatPe sacks Ashneer Grover’s wife Madhuri Jain, cloud over use of funds

FINTECH COMPANY BharatPe has terminated the services of Madhuri Jain Grover, the wife of former control chief and co-founder Ashneer Grover, for alleged financial irregularities, The Indian Express has learned.

The company confirmed the development but gave no reason for the move. “At your request, we can confirm that Madhuri Jain Grover’s services have been terminated in accordance with the terms of her employment contract,” a company spokesperson said.

Sources told The Indian Express that Madhuri’s services were suspended for allegedly “misappropriating funds” and using company funds to buy beauty products and pay for family trips to the US and Dubai. The stock options granted to her have also been terminated under the employment contract, the sources said.

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The termination letter details the alleged financial irregularities, the sources said. Ashneer and Madhuri were both fired from the company in January when the allegations surfaced.

Ashneer, who has been on three-month leave, is said to be close to an out-of-court settlement with BharatPe after filing an emergency petition with the Singapore International Arbitration Centre to drop the company’s investigation. He is believed to be seeking compensation for future liabilities while selling his shares back to the company.

Ashneer and Madhuri did not respond to queries from The Indian Express.

Late Wednesday, Madhuri posted a series of tweets and videos that appeared to show BharatPe employees partying in the workplace.

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In a tweet, she accused them of inappropriate behavior at the office, “chauvinism” and “denounced them.” She posted screenshots of messages purportedly between an executive and her husband and questioned the governance review process that led to the dismissal. She also released an alleged recording of BharatPe co-founder Bhavik Koladiya calling her husband to ask him to attend the meeting.

The development comes close on the heels of an audit report prepared by A&M, a risk advisory firm roped in to look into the company’s corporate governance. According to some of the preliminary findings of the report, payments were allegedly made to “dubious” recruitment firms with crores of rupees spent on “non-existing” vendors and “questionable invoices” created to substantiate such spends.

BharatPe, through his law firm Shardul Amarchand Mangaldas, hired A&M to investigate internal governance issues – in particular to assess whether senior management had made appropriate internal disclosures of personal investments and to check for conflicts.

Complete News Source : The Indian Express

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Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

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Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

The global phenomenon that is BTS continues to make waves in the music industry, transcending boundaries and captivating audiences worldwide. This time, the spotlight is on Jungkook.

one of the group’s immensely talented members, as his solo song “Seven” is set to dominate the U.K. charts. Let’s delve into the details of this exciting news and explore the factors contributing to Jungkook’s success as a solo artist.

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The Rise of BTS: BTS, a South Korean boy band, has garnered a massive following globally, earning a dedicated fan base known as the ARMY. With their infectious music, mesmerizing performances, and meaningful lyrics, BTS has established themselves as trendsetters and game-changers in the music industry.

Jungkook’s Solo Endeavors: While BTS’s success lies in the collective talent and synergy of all its members, each member has also been exploring their individual artistic ventures. Jungkook, often hailed as the group’s “golden maknae,” has been making waves with his solo projects, showcasing his exceptional vocal prowess and versatility as an artist.

“Seven” Storms the U.K.: News of Jungkook’s solo track, “Seven,” climbing the U.K. charts has taken the music industry by storm. The catchy melody, heartfelt lyrics, and Jungkook’s charismatic delivery have resonated with fans and new listeners alike, propelling the song towards chart-topping success.

Factors Contributing to Jungkook’s Triumph:

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  1. ARMY Power: BTS boasts an incredibly dedicated fan base known for their unwavering support. The passionate ARMY has rallied behind Jungkook, streaming and promoting “Seven” across various platforms, propelling it to the forefront of the U.K. music scene.
  2. Global Appeal: BTS’s international popularity has paved the way for individual members’ solo success. Jungkook’s immense talent, combined with the band’s global recognition, has helped him garner attention and win over audiences beyond the ARMY.
  3. Artistic Growth: Jungkook’s growth as an artist is evident in his solo endeavors. His ability to convey emotions and connect with listeners through his music has struck a chord with fans, creating a strong connection that fuels his solo success.

The Impact of BTS: BTS’s impact on the music industry extends far beyond chart success. Their music promotes self-love, empathy, and resilience, empowering listeners worldwide. Their massive following and achievements open doors for K-pop and Korean artists, fostering cultural exchange and expanding the global reach of Korean music.

Celebrating Music Diversity: The rise of Jungkook’s “Seven” on the U.K. charts also highlights the increasing diversity and inclusivity of the music landscape. It demonstrates that language is no barrier to connecting with audiences, and artists from different cultures can achieve widespread acclaim and recognition.

global impact their devoted fan base. It showcases the power of music to transcend boundaries and connect people from diverse backgrounds. As BTS continues to push boundaries and redefine the music industry, we can eagerly anticipate more solo endeavors from its talented members, each poised to make their unique mark on the world stage.

Note: This blog post is a fictional creation and does not reflect real events or statements by individuals.

Report: BTS Member Jungkook’s Song “Seven” Poised to Top the U.K. Charts

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In exciting news for BTS fans worldwide, Jungkook’s highly anticipated song “Seven” is on track to top the U.K. charts. The track, which showcases Jungkook’s unique vocal prowess and captivating sound, has been well-received by both fans and critics alike. According to recent reports, the song is rapidly climbing the U.K. singles chart, with many expecting it to claim the number one spot soon.

#Jungkook #Seven #UKCharts #BTS #KpopSuccess #Billboard #KpopSolo #BTSArmy #JungkookSeven

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