Sebi order alleges misleading disclosures, fraudulent trades, fund diversions helped promoters offload their stake onto unsuspecting investors
Uber's EV ambitions in India are focused on accelerating the shift to zero-emission mobility, with a goal of electrifying every ride on its platform by 2040
The decline in volumes for cash and derivatives markets stems from distinct factors. The cash market has slowed mainly due to the broader market correction
Troubles at Gensol Engineering deepened as two more independent directors, Harsh Singh and Kuljit Singh Popli, quit, days after SEBI accused the company’s co-founders of financial misconduct.
BluSmart, the all-electric ride-hailing startup, is making headlines — but not for the right reasons. SEBI is probing the company for alleged financial mismanagement. What’s surprising?
Many users have voiced concerns about the lack of transparency regarding BluSmart's refund process. The development unfolds amid an ongoing investigation by Sebi into Gensol Engineering
Gensol crisis: The fallout stems from a Sebi order accusing Anmol Jaggi and his brother Puneet of misusing public funds
The move aims to provide greater diversification opportunities for mutual fund schemes while increasing capital inflows and liquidity in these relatively new instruments
Ashneer Grover's name has surfaced in a ₹978 crore financial scandal involving BluSmart and Gensol. SEBI’s explosive report links diverted EV loan funds to Grover’s startup, Third Unicorn.
Entrepreneur and investor Ashneer Grover calls himself a 'victim' in Gensol-BluSmart fiasco, says he invested ₹1.75 cr; denies any operational role, offers to make tax, bank records public
The country's largest exchange first applied for a listing in 2016 but faced a long-running case over equitable access for its trading members
From its peak of ₹1,376 apiece in early February, the stock has fallen by nearly 90 per cent
Pandey highlighted Sebi's efforts to engage with foreign portfolio investors and market participants to streamline compliance
The company said the move will result in a "one-time, non-cash, acceleration of ESOP expense of Rs 492 crore in the fourth quarter of financial year 2025 (Q4FY25)
Independent directors, boards, auditors must step up to rein in greed: Pandey
Shares of IREDA on Wednesday jumped nearly 6 per cent after the state-owned firm reported a 49 per cent rise in standalone profit after tax in the quarter ended March 2025. The stock surged 5.57 per cent to Rs 176.40 apiece on the BSE. During the day, it climbed 7.42 per cent to Rs 179.50. On the NSE, the stock jumped 5.64 per cent to Rs 176.41 each. IREDA (Indian Renewable Energy Development Agency Ltd) on Tuesday reported a 49 per cent rise in standalone profit after tax to Rs 502 crore in the quarter ended March 31, 2025. Its revenue from operations rose 37 per cent year-on-year (YoY) to Rs 1,904 crore in the fourth quarter, the company said in a statement. For FY25, the company said its profit after tax (PAT) was the highest ever at Rs 1,699 crore, up 36 per cent compared to FY24. As of March, the company said its net worth was Rs 10,266 crore, up 20 per cent YoY. Meanwhile, capital markets regulator Sebi on Tuesday barred Gensol Engineering and promoters -- Anmol Singh Jagg
BluSmart co-founder Anmol Singh Jaggi has been accused by Sebi of diverting ₹26 crore from Gensol for personal expenses, including transfers to linked entities
India has fared poorly on ESG scores, with Moody's Ratings classifying the country in the high risk category on environment and social factors
According to a report by Business Standard, in an interim order, the market regulator restricted promoters from holding any key position at any listed company until further orders
Aegis Vopak Terminals IPO is entirely a fresh issuance of equity shares with a face value of ₹10 apiece amounting to ₹3,500 crore