The Institute of Chartered Accountants of India (ICAI) has begun reviewing the financial statements of IndusInd Bank and Gensol Engineering and expects the process to take at least six months…
Days after the resignation of Gensol Engineering's promoters, Chief Financial Officer (CFO) Jabirmahendi Mohammedraza Aga has stepped down from his position with immediate effect, adding to the turmoil at the…
NEW DELHI: Ahead of formally launching a money-laundering investigation, the Enforcement Directorate Thursday detained Puneet Jaggi, one of the promoters of Gensol Engineering, which operated BluSmart cab services, to question…
Markets regulator Sebi has found “no manufacturing activity” at Gensol Engineering’s electric vehicle (EV) facility in Pune, with only 2–3 labourers present during a site visit by a National Stock…
NEW DELHI: Two more Gensol Engineering independent directors, Harsh Singh and Kuljit Singh Popli, have tendered their resignations amid the company facing allegations of misuse of funds, according to a…
Wallet refunds will take up to 90 days: BluSmart BENGALURU: Electric cab aggregatorBluSmart has pushed the timeline for refunding wallet balances to users to 90 days, up from six days…
Ashneer Grover (File photo) Ashneer Grover, co-founder of BharatPe and a personal investor in BluSmart, has spoken out following the Sebi crackdown on Gensol Engineering and the sudden suspension of…