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BluSmart (is dead)
SEBI Uncovers BluSmart Financial Scandal: A Wake-Up Call for Indian Startups
BluSmart's misuse of EV funds for luxury revealed by SEBI. The scandal highlights critical gaps in startup governance, ethics, and financial transparency.
www.dqindia.com
Gensol and BluSmart will now face a third simultaneous probe, this time from ED: Exclusive - CNBC TV18
The ministry will be examining the company’s regulatory filings, accounts, and compliance history of Gensol Engineering. MCA has not fixed a timeline for the inquiry but clarified that any punitive action will depend on the outcome of the probe.
Once Drawn by the Allure of Financial Freedom, BluSmart’s Women Drivers Now Battle Shattered Dreams
“This isn’t only about payouts,” says one of the woman drivers. “It’s about being seen, heard, and respected.”
Gensol ED Raids: ED Raids Gensol Engineering Premises in Gurgaon, Ahmedabad
Financial Probe: ED seizes documents and records at Gensol Engineering amid debt default and fund diversion allegations.
www.deccanherald.com
Gensol Engineering shares hit 52-week low after ED raids Gurgaon, Ahmedabad offices
Gensol ED raid: The company’s stock continued to face heavy selling pressure, falling to Rs 81.36, which is its 52-week low. Gensol shares have now lost over 50% of their value in the last one month and nearly 90% over the past six months.
