BluSmart Founder Detained, PB Fintech’s Healthcare Foray & More

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Now, ED Detains BluSmart’s Cofounder

In a surprise action, the Enforcement Directorate (ED) has detained Puneet Singh Jaggi, one of the two Gensol promoters, from a hotel in New Delhi.

Agency Knocks On Gensol’s Doors: Puneet was detained after the ED conducted raids at multiple premises linked to Gensol in Delhi, Gurugram and Ahmedabad. While the EPC company’s promoters have been in the dock for stock manipulation, debt defaults, misleading credit rating agencies, and siphoning off funds, the ED raids were linked to foreign exchange…



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BluSmart Founder Detained, PB Fintech’s Healthcare Foray & More


Now, ED Detains BluSmart’s Cofounder

In a surprise action, the Enforcement Directorate (ED) has detained Puneet Singh Jaggi, one of the two Gensol promoters, from a hotel in New Delhi.

Agency Knocks On Gensol’s Doors: Puneet was detained after the ED conducted raids at multiple premises linked to Gensol in Delhi, Gurugram and Ahmedabad. While the EPC company’s promoters have been in the dock for stock manipulation, debt defaults, misleading credit rating agencies, and siphoning off funds, the ED raids were linked to foreign exchange…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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