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GENSOL ENGINEERING UPDATE
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- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- 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...
- ICAI to probe books of Gensol, BluSmartThe Institute of Chartered Accountants of India (ICAI) will investigate Gensol Engineering and BluSmart Mobility's FY24 financial statement...
- BluSmart’s salary delays; Banks face KYC resetHappy Wednesday! After ceasing operations, BluSmart now faces a fresh challenge: delayed March salaries for its employees. This and more in...
- Crisis-hit BluSmart’s 500 staffers await clarity on their salary duesOn April 16, BluSmart suspended its ride-hailing operation. A day later, in an email to its customers, the company said it would initiate a...
- Exclusive: BluSmart may end cab-hailing trip, hit reverse gearElectric ride-hailing startup BluSmart plans to exit its core business and become a fleet partner for Uber, starting with 700-800 cars. Str...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Metal stocks rise as Jefferies maintains bullish stance on Indian metalsTata Steel has been given a ‘Buy’ rating, with Jefferies increasing its target price to Rs 180 from Rs 165. Meanwhile, JSW Steel has receiv...
- Gensol Engineering shares drop 4% after promoters offload 2.37% stakeGensol Engineering shares fell after promoters sold 2.37% equity to reinvest in the business. Following an 18-day, 70% drop, the company ai...
- Inox Wind shares soar over 12% on bagging first-ever 153 MW order for Tamil Nadu projectInox Wind share price surged 12.45% following their receipt of a 153 MW order from a prominent renewable energy player for a Tamil Nadu pro...
- Budget 2025: Green energy stocks soar up to 15% after FM announces plans for clean tech manufacturingFinance Minister Sitharaman announced a new manufacturing mission under Make in India to boost solar PV cells, electrolysers, and grid-scal...
- Gensol Engineering announces 2:1 bonus issue of shares to investors"The Board of Directors of the company considered, approved and recommended a bonus issue of 2 equity shares for every 1 equity share held ...
- Sensex rises! But these stocks are down 5% or more on BSEIn the Nifty pack, 41 stocks were trading in the green, while 9 stocks were trading in the red.
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