The latest development marks the final chapter for one of them — Gensol EV, the vehicle manufacturer that had ambitious plans to roll out its two-seater electric car EZIO and cargo vehicle ...

The BluSmart parent has been hit by a fresh resignation. Last week, state-owned NBFC Indian Renewable Energy Development ...

The Delhi High Court on Tuesday ordered a status quo on 95 more electric vehicles (EVs) leased to beleaguered firms Gensol ...

Gensol's lenders did not spot the discrepancy earlier, despite the company buying and hypothecating fewer cars than it had ...

BluSmart cofounder Anmol Singh Jaggi had detailed Eversource's investment proposal in a letter to the ride-hailing firm's ...

PFC had sanctioned Rs 633 crore to Gensol, of which Rs 587 crore was earmarked for the procurement of 5,000 electric four ...

Financial irregularities in the company may significantly impact retail investors, while lenders money is also at risk. Can ...

Out of the Rs 587-crore loan sanctioned towards electric 4-wheeler vehicles, PFC had only disbursed Rs 352 crore to Gensol ...

The Jaggi brothers, promoters of scam-hit Gensol Engineering, are in for deeper trouble than merely being barred from the ...

The Enforcement Directorate has asked the Bureau of Immigration to issue a look-out circular against Puneet Singh Jaggi an ...

Experts feel exploring resolution options under IBC could augur well for the company and its stakeholders, including lenders ...

While the country’s regulatory framework already prescribes several safeguards, these incidents raise the question whether ...