Following BluSmart's operational halt due to funding issues and misconduct allegations, lenders are reclaiming and offloading ...

IREDA files insolvency petition against Gensol Engineering for ₹510 crore default, NCLT directs notices, hearing on June 3.

Gensol Engineering's shares have surprisingly rallied despite facing significant regulatory and financial turmoil. The surge ...

The National Company Law Tribunal (NCLT) at Ahmedabad on Friday issued notice in Indian Renewable Energy Development Agency (IREDA) insolvency plea against Gens ...

Ireda had filed the insolvency plea, citing a loan default of ₹510 crore by Gensol. This followed a notice dated 25 April, in ...

While a formal expression of interest is still awaited, the bidders have engaged with the administrator at Aviom India ...

Bengaluru: The abrupt collapse of Refex eVeelz and BluSmart, the country’s two top all-electric taxi service companies, and ...

Gensol Engineering Ltd and BluSmart have lost control of 76 electric vehicles after a Delhi High Court seizure order. The ...

In its first reaction on IREDA’s insolvency and bankruptcy, crisis-hit Gensol Engineering acknowledged the same, saying prior ...

BluSmart's board has fallen out of favour with many investors as the company fails to find fresh capital for itself.