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Crisis deepens BluSmart as more directors resign amid Gensol crisis

Business Standard LogoBusiness Standard2d ago

Crisis deepens BluSmart as more directors resign amid Gensol crisis - Business Standard

Quick Summary:

Several customers, left stranded after ride services were abruptly paused, have voiced their frustration on social media, especially over the delay in refunds.

On Thursday, the company suspended ride bookings through its app and announced a delay in refunding user wallet balances.

As a result, the Jaggi brothers have been barred from participating in the securities market, holding any directorial or key managerial positions, or trading in listed securities.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 13:38:28 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 441 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27974253

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 130 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://citrocola.beamstart.com/news/crisis-deepens-blusmart-as-more-17449639366426

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