2025-04-22Niranjan Ghatule
BlueSmart’s sudden shutdown has left 8000+ EV cabs off Indian roads, and big-name investors like MS Dhoni, Deepika Padukone, and Ashneer Grover facing heavy losses. A ₹262 crore scam linked to its sister company has shattered public trust and sparked debates about startup governance. Here's what went wrong.
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2025-03-07Niranjan Ghatule
This blog article covers the re-appointment of Jabirmahendi Aga as the Chief Financial Officer (CFO) of Gensol Engineering Limited. It highlights his extensive experience in finance, his previous role at Gensol, and the company’s confidence in his leadership during a crucial period. The article includes statements from Anmol Singh Jaggi, Chairman & Managing Director of Gensol,
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2025-03-06Niranjan Ghatule
Gensol Engineering's stock has taken a sharp 40% dive in just three days, raising concerns among investors. Despite this setback, the company remains focused on financial stability, having repaid ₹230 crore in the first nine months of the year and aiming for a credit rating upgrade. CEO Anmol Singh Jaggi has dismissed allegations of wrongdoing and hinted at a potential ₹2 crore share buyback.
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2025-03-05Niranjan Ghatule
Gensol Engineering Ltd. has been in the spotlight following a sharp 30% decline in its stock price over the past two days. The fall comes amid fraud allegations related to submission of fake documents to rating agencies, banks, and NBFCs, as highlighted by ICRA. This has not only led to a credit rating downgrade but has also raised concerns over increasing bad loans, particularly for IREDA
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