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

Banks, non-banking financial companies, investment platforms, climate financing institutions and even individuals are booking ...

A group of investors are considering a plan to inject another $30 million into BluSmart in a bid to revive the Indian ...

IREDA has initiated proceedings under Section 7 of the Insolvency and Bankruptcy Code against Gensol Engineering Limited over ...

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

With high joining costs and daily rentals payable, former BluSmart drivers say they simply can't afford joining most other ...

If the transaction goes through, it would protect investors' money, keep drivers employed, and bring BluSmart's ...

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

Lenders and lessors are planning to sell EVs on the BluSmart fleet to recover their dues. This and more in today’s ETtech ...

Reserve Bank of India has begun informal consultations with EV charging-point operators and other app-based EV platforms to ...

BluSmart faced financial issues and suspended operations. Now, lenders are trying to sell around 1,500-2,000 of its electric ...