Binny Bansal steps down from board of PhonePe
New Delhi, Nov 22: Flipkart's co-founder Binny Bansal has stepped down from the board of PhonePe, the fintech company said on Friday.
PhonePe also announced the appointment of Manish Sabharwal as an Independent Director and Chair of its Audit Committee.
In this role, Sabharwal will be instrumental in upholding the integrity and effectiveness of PhonePe's financial reporting, internal controls, and risk management practices, he company said in a release.
"PhonePe also announced that Flipkart's co-founder, Binny Bansal has stepped down from its Board of Directors. Binny acquired PhonePe in 2016 and has been on its Board since then," the release said.
Commenting on the board rejig, Sameer Nigam, CEO and Founder of PhonePe said, "I would like to express my heartfelt gratitude to Binny Bansal for being one of PhonePe's earliest and staunchest supporters. His active engagement, strategic guidance, and personal mentorship have profoundly enriched our discussions. Binny will be missed!"
Nigam further said that Sabharwal's depth of understanding of India's macro economy, coupled with his leadership in shaping India's policies for education, employment, and employability will be invaluable as PhonePe continues to work ahead towards shared vision of a Viksit Bharat by 2047.
Sabharwal is Vice-Chairman of Teamlease Services, India's largest staffing and human capital firm.
Bansal played an instrumental role in Flipkart's acquisition of PhonePe way back in 2016 and had been on its board since then (the payments firm separated from Flipkart in 2022).
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Activists write open letter to Odisha govt flagging anti-Christian violence
New Delhi: Activists and rights campaigners John Dayal, Aakar Patel, Vidya Dinker and Harsh Mander have expressed serious concern over the alleged rise in violence and intimidation against Christians in several districts, accusing both Hindutva organisations and sections of the police of targeting the minority community.
In a strongly worded communication addressed to the state administration, the signatories said they had received disturbing testimonies from affected people regarding social boycott, denial of burial rights, physical assaults and police intimidation.
According to the activists, Christians in some areas were allegedly boycotted by villagers, while people who traded with them, employed them or provided them shelter were also targeted.
The letter also highlighted what it described as “gruesome” incidents involving the prevention of burials of Christians within village burial grounds and even on privately owned lands belonging to Christian families. The activists said there were cases where bodies remained unburied for days due to opposition from local groups, while in some instances burials were allegedly forced to take place in forest areas outside village limits. Funeral prayers were also reportedly disrupted.
The signatories further alleged that in certain districts the violence escalated into physical assaults on Christians. They claimed that some victims were tied to trees and beaten, while others were allegedly placed inside sacks and assaulted. The letter also mentioned a few reported instances of sexual violence and attempts to burn people alive, which, according to them, were stopped at the last moment.
Expressing particular concern, the activists said many victims had testified that police personnel joined hands with Hindutva organisations to force Christians into signing “compromise” agreements. These agreements allegedly required them to give up their faith and stop collective worship.
The letter also accused the police of registering serious criminal cases against victims of attacks instead of taking action against the attackers. According to the signatories, many of those attacked were detained in police stations and jails, while in some cases the police themselves allegedly played a direct role in intimidation and violence against Christians.
Stating that there appeared to be a “complete breakdown in the constitutional machinery of the state” in relation to Christian minorities, the activists urged the administration to uphold and protect the constitutional and religious rights of all citizens without discrimination based on religion, caste or creed.
The letter was signed by John Dayal, Aakar Patel, Vidya Dinker and Harsh Mander.
