Daily Republic News
- Business
- April 17, 2025
Ashneer Grover’s Name Linked to the BluSmart EV Fraud Probe? Here’s Why
Ashneer Grover is not directly involved in the purported BluSmart fraud, but because of his financial connections to BluSmart, its co-founder Anmol Singh Jaggi, and Jaggi’s business, Gensol Engineering, his name has come up in the dispute.The Securities and Exchange Board of Indi Read More
- Business
- April 17, 2025
Is BluSmart Shutting Down Soon? What’s at Stake for Its Users
BluSmart, once celebrated as a cleaner, smarter alternative to ride-hailing giants Ola and Uber, finds itself in troubled waters. Reports have suggested that its founders diverted funds for purposes unrelated to the business. Amidst this turbulence, unconfirmed reports hint that Read More
- Business
- April 17, 2025
Why Did SEBI Crack Down on Gensol, and What Does It Mean for MS Dhoni?
Former cricketer MS Dhoni ’s investment venture has taken a hit once again, this time in Gensol Engineering Ltd. The Securities and Exchange Board of India ( SEBI ) on April 15 barred the company’s promoters, Anmol Singh Jaggi and Puneet Singh Jaggi, from holding top positions o Read More
- Business
- April 17, 2025
BluSmart Gensol Scam: Misappropriation Of EV Funds, Diversion To Jaggi Brothers And Ashneer Grover Connect
The Securities and Exchange Board of India ( SEBI ) have dropped a bombshell with its interim order issued on April 15, 2025, barring Gensol Engineering Limited (GEL) and its promoters Anmol Singh Jaggi and Puneet Singh Jagg,i from accessing the securities market over grave finan Read More
- Business
- April 17, 2025
BluSmart Stops Cab Bookings: Here’s How to Reclaim Your Blu Wallet Balance
BluSmart, once seen as a strong rival to Uber and Ola, has stopped accepting ride bookings across Delhi-NCR, Bengaluru, and Mumbai. This suspension comes amid an ongoing SEBI investigation into Gensol Engineering, BluSmart’s financial backer, over alleged fund misappropriation.Wh Read More
- Business
- April 17, 2025
Why Are BluSmart Cabs Suddenly Off the Roads? Who To Blame Now
Gensol, the renewable energy firm connected to BluSmart, an electric taxi business, is in serious financial difficulty. BluSmart, which started competing with Uber using green cabs, depends on Gensol for capital and a rented car fleet. Recent news points to Gensol’s growing debt, Read More
- Business
- April 17, 2025
Mismanagement, Scamster! BluSmart Cab Saga Triggers Furore On the Internet
New Delhi: The BluSmart Cab Saga involving Anmol Singh Jaggi and Puneet Singh Jaggi and the Gensol Engineering Limited (GEL) has sparked a massive uproar on the internet with netizens questioning the integrity in and financial mismanagement of founders in the business world.This Read More
- Business
- April 17, 2025
‘Victim’ Ashneer Grover Defends Rs 1.5 Cr BluSmart Investment Amid SEBI Probe Into Gensol
Markets regulator SEBI has cast a spotlight on the financial dealings of Gensol Engineering Ltd and its promoter Anmol Singh Jaggi — a move that’s now rippling into the startup ecosystem.Among the entities linked to the ongoing investigation is BluSmart, the electric mobility sta Read More
- Business
- April 17, 2025
Markets Open Flat Amid Global Jitters; Nifty Holds 23,300, Sensex Tanks 300 Pts
On April 17, the Indian stock market opened on a muted note, with benchmark indices slightly in the red, taking a breather after an impressive six-session rally. The Sensex opened at 76,968.02, down 76.27 points or 0.10%, while the Nifty50 started at 23,373.50, declining 63.70 po Read More
- Business
- April 17, 2025
Stock To Watch Today: Infosys, Wipro, UltraTech Cement, Waaree Renewable Tech, BHEL, IRFC & Paytm – List
Markets wrapped up April 16 on a high note, with the Sensex closing above 77,000 and the Nifty inching closer to 23,500, buoyed by strong investor sentiment. As earnings season picks up steam and a flurry of corporate developments—from quarterly results to M&A moves and legal hea Read More
