Interim relief for Puneet Singh, Gensol for usage of defamatory words against themA Delhi court granted interim relief to Puneet Singh, co-founder of Gensol Engineering and BluSmart, against defamatory statements. The cou...
22 May, 2025, 02.27 PM IST
NFRA probes Gensol's audit books after Sebi flags fraud, ICAI review underwayIndia’s audit regulator, NFRA, has launched a preliminary inquiry into Gensol Engineering’s books after SEBI flagged fraud allegations. The...
21 May, 2025, 05.00 AM IST
Corporate governance crucial for curbing fraud, says MCA reportThe corporate affairs ministry has emphasized the importance of corporate governance to prevent fraud, protect investors, and maintain mark...
17 May, 2025, 12.18 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
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...
23 Apr, 2025, 11.40 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
Gensol Engineering dues at Rs 307 crore, exploring all action, options, says PFCPower Finance Corporation (PFC) is pursuing action to recover ₹307 crore from Gensol Engineering, which faces scrutiny from SEBI for fund d...
23 Apr, 2025, 06.49 PM IST
Power Finance Corporation files plaint with EOW over 'document fraud'Power Finance Corporation (PFC) has filed a complaint against Gensol Engineering for allegedly falsifying documents related to debt servici...
23 Apr, 2025, 12.43 AM 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
Gensol, BluSmart on corporate ministry radar for lapses after Sebi action for 'misutilisation' of fundsThe corporate affairs ministry is considering investigating Gensol Engineering and BluSmart for potential corporate governance violations, ...
21 Apr, 2025, 04.16 PM IST
PFC, IREDA mull legal measures against Gensol to safeguard their loan exposurePower Finance Corp and IREDA are pursuing legal options to protect their ₹977 crore loan exposure to Gensol Engineering after promoters fac...
18 Apr, 2025, 06.51 PM IST
How the Jaggi brothers misled investors and lenders while being cleantech poster boysBluSmart, once celebrated as India's first all-electric ride-hailing service, faces a crisis as promoters Anmol and Puneet Singh Jaggi are ...
18 Apr, 2025, 06.50 PM IST
Nab a Gensol, catch a con: How India Inc’s green dreams turn into grifting nightmaresThe Gensol Engineering fiasco highlights corporate governance issues in India, where promoters prioritize personal gain over public interes...
17 Apr, 2025, 11.54 PM IST
Anmol Jaggi and Ashneer Grover fund trails see overlapEmbattled Gensol Engineering promoter Anmol Singh Jaggi invested in BharatPe cofounder Ashneer Grover’s startup, according to the market re...
17 Apr, 2025, 06.01 AM IST
Gensol's Jaggi bros saga: Forged letters, Camellias flat, golf set, Dirhams, money to relatives & Ashneer Grover's firmGensol: Brothers Anmol and Puneet Jaggi, once celebrated figures in India's renewable energy sector with Gensol Engineering and BluSmart Mo...
16 Apr, 2025, 01.50 PM IST
Inside details: How Gensol promoter bought luxury DLF Camellias apartment in Gurgaon with 'diverted funds'Sebi’s interim order reveals Gensol promoter Anmol Singh Jaggi diverted Rs 97 crore—sourced from company loans and funds—towards buying a l...
15 Apr, 2025, 09.13 PM IST
Faster fraud prevention; BluSmart on Uber’s radarHappy Monday! Major Indian banks and payment companies are speeding up their response to payment fraud by integrating their systems with th...
17 Mar, 2025, 11.33 AM IST