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Saying ab Nani Yaad Aayegi Ashneer Grover criticises BharatPe

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Almost a month after leaving the board, Ashneer Grover, the company’s founder, and former managing director retaliated against Rajnish Kumar, the fintech company’s chairman, and Suhail Sameer, the company’s chief executive officer (CEO). Grover took to social media to voice his dissatisfaction with BharatPe’s first-quarter results under the present administration. “So I just heard @bharatpeindia concluded its first quarter of degrowth’s and maximum cash burn’ under the competent (sic) supervision of Rajnish Kumar and Suhail Sameer,” he said on Twitter.

“Chaabi chheenna and hatti chalana do alag alag skills hai!” Ashneer added, referring to BharatPe’s first-quarter performance under the leadership of Rajnish Kumar (BharatPe Chairman) and Suhail Sameer (BharatPe CEO). Markets are the final test of truth,” says Ab Nani. (Snatching the keys and owning a corner store are two very distinct abilities.)

Misappropriation of money is being charged by Ashneer Grover.

Grover was fired from all BharatPe positions last month after an audit uncovered severe governance infractions during his tenure. As a result of his wrongdoings, Mr. Grover is no longer an employee, a founder, or a director of the firm, according to the board. Grover had resigned as managing director and a director on the board of directors the day before, ending a two-month-long saga.

Grover made headlines earlier this year after an audio clip of him allegedly assaulting a Kotak Mahindra Bank employee went viral. Grover, who plays a “shark” on the Indian version of Shark Tank, made headlines earlier this year after an audio clip of him allegedly assaulting a Kotak Mahindra Bank employee went viral. Shortly after the phone call was made public, the ex-BharatPe managing director claimed in a tweet that the audio was fake. The tweet was later taken down, though. As a consequence, Kotak Mahindra Bank accused Ashneer Grover and his wife of using “inappropriate language” against their employees. Following the occurrence on January 19, Grover took a “voluntary leave of absence” until the end of March. “On or before April 1,” he was anticipated to return.

Following ten days, the BharatPe Board said that it will undertake an independent audit of its internal procedures and systems, which finally discovered inconsistencies in vendor relations. Ashneer Grover, on the other side, has stated that the governance evaluation was compromised by bias on several occasions. BharatPe’s co-founder and managing director, Ashneer Grover, resigned from the business and its board of directors on March 1, claiming financial mismanagement.

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Housing Sales Dip Across Major Cities, But Navi Mumbai Bucks the Trend

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Home sales fell 6% in the July–September quarter, while Navi Mumbai recorded a 12% rise in demand.

The Dip

The housing market across India’s major cities saw a slowdown in the July–September quarter, but Navi Mumbai stood out with a rise in home sales.

According to a PropEquity report, housing sales across nine major cities fell by 6% year-on-year, with around 1.03 lakh homes sold during the quarter. Several major markets recorded a decline, including Pune, Chennai, Thane, Mumbai and Delhi-NCR.

Navi Mumbai, however, moved in the opposite direction. The city recorded a 12% increase in housing sales, with around 9,810 units sold, compared with 8,730 units during the same period last year. Hyderabad also reported an increase, while Bengaluru remained almost stable. The growth in Navi Mumbai comes despite the broader slowdown in the housing market.

New housing launches also declined during the quarter, indicating that developers are becoming more cautious about adding fresh inventory. Across the nine cities, about 98,165 new housing units were launched, lower than the previous year. Industry experts said the July–September period is generally affected by the monsoon, which can temporarily slow homebuying activity. The festive season from October onwards is expected to bring renewed interest from buyers, with developers likely to introduce new projects and promotional offers.

For Navi Mumbai, the rise in sales highlights continued demand for housing in the region, even as buyers in several other major cities remained more cautious.

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8,573 Ganesh Idols Immersed Across Navi Mumbai on Anant Chaturdashi

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Thousands of devotees bid an emotional farewell to Bappa as civic teams ensured smooth and safe immersion arrangements.

The Visarjans

Navi Mumbai witnessed a grand and emotional conclusion to the 10-day Ganeshotsav as 8,573 Ganesh idols were immersed across the city on Anant Chaturdashi.

The immersion process continued through the night and was completed at around 5:30 a.m., with devotees turning up in large numbers to bid farewell to Lord Ganesha. Despite the crowds, the arrangements helped the process continue smoothly.

According to the Navi Mumbai Municipal Corporation (NMMC), the idols were immersed at 189 designated locations. These included 22 natural immersion sites and 156 artificial ponds. Of the total idols, 8,125 were household Ganesh idols, while 448 belonged to public Ganesh mandals. The civic body deployed lifeguards, volunteers, fire brigade personnel, medical teams and other staff at various locations. CCTV cameras, barricades, lighting, drinking water and first-aid facilities were also arranged to assist devotees.

The celebrations also saw citizens opting for more environmentally friendly practices. Around 1,420 Shadu clay idols were immersed, while artificial ponds helped reduce pressure on natural water bodies. NMMC workers also collected around 10.95 tonnes of nirmalya, including flowers and other offerings. The collected material was sent for composting instead of being dumped.

The peaceful conclusion of the immersion was made possible through the cooperation of devotees, volunteers and civic workers, bringing this year’s Ganeshotsav to a heartfelt close across Navi Mumbai.

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Traffic Jams Leave Kalamboli Commuters Frustrated

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Heavy vehicles and ongoing infrastructure work slow traffic at one of Navi Mumbai’s busiest junctions.

The Jam

Traffic congestion at Kalamboli Junction has become a growing concern for motorists, with long queues and slow-moving traffic affecting commuters travelling through the area.

Kalamboli is an important connecting point for vehicles heading towards Mumbai, Pune, Panvel, JNPT and Uran. The junction handles a heavy mix of cars, buses and container trucks throughout the day. The increasing traffic volume has frequently resulted in delays, particularly during peak hours.

Ongoing infrastructure work around the junction has added to commuters’ difficulties. Diversions and changes in traffic movement have narrowed available routes in some stretches, making the daily journey more time-consuming.

For many commuters, a trip that normally takes a short time can now stretch considerably longer. Truck movement and vehicles merging from different directions further add to the pressure at the junction. Authorities are working on a major improvement project aimed at easing the situation. The plan includes flyovers, an underpass and a multi-level interchange that is expected to improve traffic movement and reduce dependence on signals once completed.

In the meantime, commuters are hoping for better traffic management and clearer diversions to reduce the daily inconvenience. With Kalamboli continuing to handle increasing traffic from several major highways, the junction remains a key focus for efforts to improve connectivity and ease congestion in Navi Mumbai.

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