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

Share via:


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.

Popular

More Like this

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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Airwallex raises $300m series F

This round includes US$150 million in secondary share...

Dilipkumar Khandelwal resigns as Deutsche India CEO, to focus...

Deutsche India CEO Dilipkumar Khandelwal, who is also...

India makes remarkable strides in green hydrogen development

NEW DELHI India has made remarkable strides in...

Popular

Upcoming Events

TikTok Shop US staff told to work from home...

The company is restructuring to streamline operations under...

India rolls out ‘Fraud Risk Indicator’ to help banks,...

The Department of Telecommunications (DoT), on Wednesday, launched...

IREDA To Recover INR 729 Cr From Gensol

SUMMARY Last week, IREDA filed an insolvency petition against...
dsa