Searched for
SEBI INVESTIGATION BLUSMART
Death of the sustainability poster child: What does it teach us?BluSmart, an electric vehicle cab service, shut down due to financial mismanagement. The company's failure raises concerns about oversight ...17 May, 2025, 09.54 AM IST- Gensol Engineering shares hit 5% upper circuit for 4th day amid ongoing turmoilGensol Engineering's shares have surprisingly rallied despite facing significant regulatory and financial turmoil. The surge occurs amidst ...16 May, 2025, 11.40 AM IST
- MCA orders probe into Gensol, BluSmart for corporate governance violationsAt the centre of the controversy is the alleged misutilisation of term loans availed by Gensol Engineering from state-run Indian Renewable ...05 May, 2025, 10.54 PM IST
- IREDA says Gensol promoters diluted equity without lender approval, files EoW complaintIREDA has accused Gensol Engineering's promoters of breaching their contract by diluting shareholding without lender approval and filed a c...26 Apr, 2025, 12.56 PM IST
- ICAI to review financial statements of crisis-hit Gensol Engg, BluSmart MobilityICAI will scrutinize the financial statements of Gensol Engineering and BluSmart Mobility for fiscal year 2023-24, prompted by concerns ove...23 Apr, 2025, 09.48 PM IST
- BluSmart appoints Grant Thornton for a forensic audit, sources sayBluSmart, an Indian electric cab service, has appointed Grant Thornton for a forensic audit following a regulatory investigation. The probe...23 Apr, 2025, 06.50 PM IST
- PFC, IREDA initiate probe into Gensol Engineering's Rs 663 crore loanPower Finance Corporation and IREDA have launched internal investigations into a ₹663 crore loan to Gensol Engineering for EV purchases lea...23 Apr, 2025, 12.39 AM IST
- ED lens on Jaggi brothers; Flipkart begins India shiftHappy Tuesday! After a Sebi probe, Gensol Engineering is now on the Enforcement Directorate’s radar. This and more in today’s ETtech Mornin...22 Apr, 2025, 09.10 AM IST
- BluSmart crisis: Green mobility’s red flag is giving HNIs bond bluesThe bondholders’ concerns stem from cash-strapped BluSmart’s failure to raise $50 million in a fresh round and an ongoing probe by markets ...21 Apr, 2025, 04.15 PM IST
- BluSmart bond holders may invoke immediate repayment provisionsBluSmart Mobility, which raised approximately Rs 100 crore through non-convertible debentures (NCDs) from high-net-worth individuals and re...21 Apr, 2025, 06.00 AM IST
- PFC, IREDA mull sale of Gensol EVs to secure loansPower Finance Corp. and IREDA are considering auctioning Gensol's electric vehicles, acquired through loans, due to concerns over potential...21 Apr, 2025, 05.30 AM IST
- BluSmart allegations will erode investor trust, warns former BSE chairman S RaviFormer BSE chairman S Ravi warned that mishaps like Gensol could shake the confidence of investors in the new ventures and tarnish the cred...20 Apr, 2025, 10.41 AM IST
- Sanjeev Bikhchandani on BluSmart: ‘Drivers are worst hit’BluSmart Cabs, an electric mobility startup, shut down abruptly, raising concerns over corporate governance and the impact on gig economy w...19 Apr, 2025, 09.45 PM IST
- GigWA seeks compensation for gig workers on BluSmart platformIn its letter written to the electric ride-hailing company, it has sought immediate compensation equivalent to three months’ income to all ...18 Apr, 2025, 06.52 PM IST
- Aman Gupta on BluSmart crisis: A 'much-needed reality check' for the startup ecosystemFollowing BluSmart's crisis, Aman Gupta addressed the startup ecosystem, highlighting the importance of ethics and compliance. He acknowled...18 Apr, 2025, 10.42 AM IST
- How to get money back from BlueSmart wallet as Gensol fraud puts brakes on cab opsBluSmart, the electric ride-hailing service, has unexpectedly ceased cab bookings in major Indian cities, leaving commuters stranded. This ...17 Apr, 2025, 07.54 PM IST
- BluSmart cab services stay suspended in Delhi-NCR, Bengaluru, Mumbai as cofounder under Sebi lensBluSmart operations remained suspended on Thursday across Delhi-NCR, Bengaluru, and Mumbai amid a Sebi probe into cofounder-linked Gensol o...17 Apr, 2025, 12.54 PM IST
Load More
