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The BluSmart (And Gensol) Story: Missing Crores, A Luxury Flat, And EV Cabs
In July 2024 EV cab service BluSmart raised Rs 200 crore in funding from new investors like ex-India cricket team captain MS Dhoni. But, less than a year later, it has shut operations amid Sebi investigation into car leasers Gensol.
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Arun Menon, Independent Director Of Gensol Engineering, Resigns
Gensol Engineering, the beleaguered firm that came under market regulator Sebi's lens for fund diversions and governance lapses, said that its independent director Arun Menon has resigned with immediate effect.
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Gensol Engineering Shares Hit Another Lower Circuit Limit After Sebi Ban
Shares of Gensol Engineering dropped 5 per cent on Thursday to hit the lower circuit limit after Sebi barred the firm and its promoters -- Anmol Singh Jaggi and Puneet Singh Jaggi -- from securities markets till further orders.
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Permanent Holding Area To Be Designed At 5 Stations Including New Delhi: Ashwini Vaishnaw
The railway ministry has asked engineering consultancy public sector firm RITES Ltd to design permanent holding areas at five railway stations, including New Delhi.
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THDC Recruitment 2025: Vacancy Out For Various Executive Engineers Post, Check Details
THDC India Limited is a leading power sector and profit-making public sector enterprise and registered as a Public Limited Company in July-1988.
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Defence Ministry Signs Rs 26,000 Crore Deal For Engines For Su-30MKI Jets
The Defence Ministry on Monday sealed a Rs 26,000-crore deal with state-run aerospace major Hindustan Aeronautics Ltd (HAL) for the procurement of 240 aero-engines for Su-30MKI aircraft.
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Megha Engineering & Infrastructure Wins Rs 12,800 Crore Mega Nuclear Project Contract
Engineering major Megha Engineering & Infrastructure Ltd (MEIL) on Wednesday said that it has emerged as the lowest bidder for a contract related to a nuclear project worth Rs 12,800 crore.
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Ex-BrahMos Engineer Gets Life Imprisonment For Spying For Pak's ISI
The Nagpur district court on Monday handed life imprisonment to former BrahMos Aerospace Pvt Ltd engineer Nishant Agarwal under the Official Secrets Act for spying for Pakistan's intelligence agency ISI.
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Founder Of 2nd Biggest Poll Bonds Buyer Lives In A 'Diamond House'
Megha Engineering and Infrastructures Ltd, which has emerged as the second-biggest buyer of electoral bonds and is the subject of a bribery case filed by the CBI, is owned by a billionaire who is the fifth child of a farmer from Andhra Pradesh.
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CBI Case Against 2nd-Biggest Electoral Bond Buyer Over Alleged Bribery
The CBI has registered an FIR against Hyderabad-based Megha Engineering and Infrastructure Ltd, which was the second-biggest buyer of electoral bonds worth Rs 966 crore, in an alleged bribery case.
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2nd-Biggest Donor Bought Some Electoral Bonds Close To Bagging Contracts
Megha Engineering and Infrastructure Ltd made a number of electoral bond purchases close to the date of bagging crucial projects, including the all-weather Zojila tunnel that is being constructed at an estimated cost of Rs 4,500 crore in J&K.
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Firm Building Uttarakhand Tunnel That Collapsed Donated Rs 55 Crore To BJP Through Electoral Bonds
Hyderabad-based Navayuga Engineering Company Ltd (NEC), which is constructing the Silkyara-Barkot tunnel in Uttarakhand, a portion of which collapsed last year, purchased Rs 55 crore worth of electoral bonds and donated the entire amount to the BJP.
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Engine-Maker To Oppose Go First's Bid To Enforce Arbitration Order
Pratt & Whitney plans to oppose Go Airlines Ltd's push to enforce an arbitration ruling against the U.S. company for the supply of spare engines, a US court filing from Dealware showed.
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Government Bailout Of Go First Unlikely Till Engine Issue Sorted: Minister
A government bailout of cash-strapped Go Airlines (India) Ltd was unlikely unless something could be done about the supply of engines to the airline, which sought bankruptcy protection last week, a minister has said.
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High Court Grants Bail To Ex-BrahMos Engineer Accused Of Spying For Pak's ISI
A single bench of Justice Anil Kilor, while granting bail to him on April 3, also remarked that prima facie there was no material to suggest the alleged act was committed intentionally by the accused, Nishant Aggrawal.
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The BluSmart (And Gensol) Story: Missing Crores, A Luxury Flat, And EV Cabs
In July 2024 EV cab service BluSmart raised Rs 200 crore in funding from new investors like ex-India cricket team captain MS Dhoni. But, less than a year later, it has shut operations amid Sebi investigation into car leasers Gensol.
-
Arun Menon, Independent Director Of Gensol Engineering, Resigns
Gensol Engineering, the beleaguered firm that came under market regulator Sebi's lens for fund diversions and governance lapses, said that its independent director Arun Menon has resigned with immediate effect.
-
Gensol Engineering Shares Hit Another Lower Circuit Limit After Sebi Ban
Shares of Gensol Engineering dropped 5 per cent on Thursday to hit the lower circuit limit after Sebi barred the firm and its promoters -- Anmol Singh Jaggi and Puneet Singh Jaggi -- from securities markets till further orders.
-
Permanent Holding Area To Be Designed At 5 Stations Including New Delhi: Ashwini Vaishnaw
The railway ministry has asked engineering consultancy public sector firm RITES Ltd to design permanent holding areas at five railway stations, including New Delhi.
-
THDC Recruitment 2025: Vacancy Out For Various Executive Engineers Post, Check Details
THDC India Limited is a leading power sector and profit-making public sector enterprise and registered as a Public Limited Company in July-1988.
-
Defence Ministry Signs Rs 26,000 Crore Deal For Engines For Su-30MKI Jets
The Defence Ministry on Monday sealed a Rs 26,000-crore deal with state-run aerospace major Hindustan Aeronautics Ltd (HAL) for the procurement of 240 aero-engines for Su-30MKI aircraft.
-
Megha Engineering & Infrastructure Wins Rs 12,800 Crore Mega Nuclear Project Contract
Engineering major Megha Engineering & Infrastructure Ltd (MEIL) on Wednesday said that it has emerged as the lowest bidder for a contract related to a nuclear project worth Rs 12,800 crore.
-
Ex-BrahMos Engineer Gets Life Imprisonment For Spying For Pak's ISI
The Nagpur district court on Monday handed life imprisonment to former BrahMos Aerospace Pvt Ltd engineer Nishant Agarwal under the Official Secrets Act for spying for Pakistan's intelligence agency ISI.
-
Founder Of 2nd Biggest Poll Bonds Buyer Lives In A 'Diamond House'
Megha Engineering and Infrastructures Ltd, which has emerged as the second-biggest buyer of electoral bonds and is the subject of a bribery case filed by the CBI, is owned by a billionaire who is the fifth child of a farmer from Andhra Pradesh.
-
CBI Case Against 2nd-Biggest Electoral Bond Buyer Over Alleged Bribery
The CBI has registered an FIR against Hyderabad-based Megha Engineering and Infrastructure Ltd, which was the second-biggest buyer of electoral bonds worth Rs 966 crore, in an alleged bribery case.
-
2nd-Biggest Donor Bought Some Electoral Bonds Close To Bagging Contracts
Megha Engineering and Infrastructure Ltd made a number of electoral bond purchases close to the date of bagging crucial projects, including the all-weather Zojila tunnel that is being constructed at an estimated cost of Rs 4,500 crore in J&K.
-
Firm Building Uttarakhand Tunnel That Collapsed Donated Rs 55 Crore To BJP Through Electoral Bonds
Hyderabad-based Navayuga Engineering Company Ltd (NEC), which is constructing the Silkyara-Barkot tunnel in Uttarakhand, a portion of which collapsed last year, purchased Rs 55 crore worth of electoral bonds and donated the entire amount to the BJP.
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Engine-Maker To Oppose Go First's Bid To Enforce Arbitration Order
Pratt & Whitney plans to oppose Go Airlines Ltd's push to enforce an arbitration ruling against the U.S. company for the supply of spare engines, a US court filing from Dealware showed.
-
Government Bailout Of Go First Unlikely Till Engine Issue Sorted: Minister
A government bailout of cash-strapped Go Airlines (India) Ltd was unlikely unless something could be done about the supply of engines to the airline, which sought bankruptcy protection last week, a minister has said.
-
High Court Grants Bail To Ex-BrahMos Engineer Accused Of Spying For Pak's ISI
A single bench of Justice Anil Kilor, while granting bail to him on April 3, also remarked that prima facie there was no material to suggest the alleged act was committed intentionally by the accused, Nishant Aggrawal.
