The National Company Law Tribunal admits BluSmart Mobility into insolvency over unpaid dues, highlighting financial struggles in India's EV ride-hailing sector. The case also invol...
IREDA has taken Gensol Engineering to the insolvency court over a Rs 510 crore default, amidst revelations of financial misconduct by its promoters, including misuse of loans and f...
The ED raided Gensol Engineering Ltd's offices, detaining co-founder Puneet Singh Jaggi over alleged financial misconduct. Investigations reveal possible fund diversion into shell ...
The ICAI is reviewing audits of Gensol Engineering and BluSmart Mobility after a Sebi probe revealed fund diversion. BluSmart has engaged Grant Thornton for a forensic audit, while...
The ICAI is reviewing Gensol Engineering and BluSmart Mobility's financial statements following allegations of financial misconduct. The FRRB will assess compliance with standards,...
Sebi's inspection found no manufacturing at Gensol's Pune EV plant, contradicting company claims and raising investor concerns over misleading disclosures and alleged financial mis...
Sebi's interim order reveals Gensol Engineering's Pune EV facility had no manufacturing activity, with funds misused for personal gains, leading to market access restrictions.
Ashneer Grover, BharatPe co-founder, defends his Rs 1.5 crore investment in BluSmart amid SEBI's crackdown on Gensol Engineering, claiming victimhood and offering transparency on h...
