Ashneer Grover criticizes business journalists for not checking BharatPe’s annual FY22 report

Share via:

Ashneer Grover, the CEO of BharatPe, took to Twitter to express his dissatisfaction with business journalists in India, accusing them of being not only lazy but also indulging in gossip for monetary gain. In a tweet, Grover stated, “India ke business journalist sirf bike nahi hue – woh sust bhi hai! Gossip bechte hai – WhatsApp ke saath saath paise mil jaaye – kuchh bhi chhapte hai” (Indian business journalists are not only lazy but also sell gossip to make money – they publish anything with WhatsApp and money). He further pointed out that not a single journalist had read BharatPe’s annual report for FY22, which clearly stated that there were no instances of fraud reported by auditors to the Board of Directors.

Grover emphasized that the renowned auditing firm Deloitte, which was paid an audit fee of INR 4 crore ($550,000) for the fiscal year, had found no evidence of fraud. This fee was significantly higher than the INR 40 lakh ($55,000) he had paid Deloitte when he was the managing director.

His tweet highlights his frustration with the lack of research and credibility among some business journalists who, according to Grover, are more interested in spreading gossip and rumors rather than conducting thorough investigations. Grover’s statement brings attention to the need for responsible journalism and accurate reporting in the business sector, urging journalists to prioritize factual information and avoid sensationalism.

Ashneer Grover, also deletes and alters controversial tweet. In response to a question about his departure, he initially tweeted, “Inka kya aukaat mujhe nikalne” (“What is their status to remove me?”). However, Grover removed the tweet and changed his statement.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Ashneer Grover criticizes business journalists for not checking BharatPe’s annual FY22 report

Ashneer Grover, the CEO of BharatPe, took to Twitter to express his dissatisfaction with business journalists in India, accusing them of being not only lazy but also indulging in gossip for monetary gain. In a tweet, Grover stated, “India ke business journalist sirf bike nahi hue – woh sust bhi hai! Gossip bechte hai – WhatsApp ke saath saath paise mil jaaye – kuchh bhi chhapte hai” (Indian business journalists are not only lazy but also sell gossip to make money – they publish anything with WhatsApp and money). He further pointed out that not a single journalist had read BharatPe’s annual report for FY22, which clearly stated that there were no instances of fraud reported by auditors to the Board of Directors.

Grover emphasized that the renowned auditing firm Deloitte, which was paid an audit fee of INR 4 crore ($550,000) for the fiscal year, had found no evidence of fraud. This fee was significantly higher than the INR 40 lakh ($55,000) he had paid Deloitte when he was the managing director.

His tweet highlights his frustration with the lack of research and credibility among some business journalists who, according to Grover, are more interested in spreading gossip and rumors rather than conducting thorough investigations. Grover’s statement brings attention to the need for responsible journalism and accurate reporting in the business sector, urging journalists to prioritize factual information and avoid sensationalism.

Ashneer Grover, also deletes and alters controversial tweet. In response to a question about his departure, he initially tweeted, “Inka kya aukaat mujhe nikalne” (“What is their status to remove me?”). However, Grover removed the tweet and changed his statement.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Number Of DPIIT-Recognised Startups Crosses 1.17 Lakh Mark

SUMMARY As per Economic Survey 2023-24, 13K Indian startups...

Paytm Shares Fall over 3% Intraday; Emkay Retains “Reduce’...

SUMMARY The decline in the stock's price comes after...

IPO-Bound Swiggy Strengthens Instamart’s Leadership Team With Four Key...

SUMMARY The Bengaluru-based startup said that these new appointments...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!