For customers, BluSmart was a success story that impacted their daily lives. In sync with the government’s clean mobility push, it was a flaunt for green-conscious riders.
A fallout of the BluSmart-Gensol saga is that entrepreneurs will have to face greater scrutiny from investors. It’s a wake up call for regulators & lenders, say market watchers.
BluSmart became a disruptor in the clean mobility industry with a fleet of all-electric cabs. Now, SEBI is probing Rs 978 crore loans and has barred the co-founders from accessing the market.
As a new entrant, BluSmart is looking to seize the moment by beating its combustion engine-powered rivals on electrification, cleanliness and reliability through direct management of its fleet and drivers.
When reading the book, one can see Roy’s mother as a 'fascist government' unto herself, the centre of her own cult. In Arundhati’s words, Mary Roy was ‘mother guru’.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
COMMENTS