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Top headlines: Grover accused of money laundering; Biden warns Putin

Business Standard brings you the top headlines on Wednesday

Ashneer Grover, co-founder and MD, BharatPe
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Ashneer Grover

BS Web Team New Delhi
Ashneer Grover's family siphoned funds to lead lavish lifestyle: BharatPe

Since the fight between Ashneer Grover and BharatPe’s board began two months back, the company for the first officially accused the embattled founder's family and relative of misappropriating funds on Wednesday.

“The Grover family and their relatives engaged in extensive misappropriation of company funds, including, but not limited to, creating fake vendors through which they siphoned money away from the company’s account and grossly abused company expense accounts in order to enrich themselves and fund their lavish lifestyles,” said BharatPe. Read more

Putin 'has no idea what's coming': Biden sees

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