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Sebi bars Gensol Engineering and promoters from markets, halts stock split

The New Indian Express Tadepalligudem

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April 16, 2025

LAUNCHING a crackdown on Gensol Engineering Ltd (GEL), India's capital market regulator -- the Securities and Exchange Board of India (SEBI) -- has barred the renewable energy firm and two of its promoters - Anmol Singh Jaggi and Puneet Singh Jaggi - from the securities markets till further orders in a fund diversion and governance lapses case.

- Arshad Khan

"The prima facie findings have shown misutilisation and diversion of funds of the Company in a fraudulent manner by its promoter directors, Anmol Singh Jaggi and Puneet Singh Jaggi, who are also the direct beneficiaries of the diverted funds," said Sebi in a 29-page order signed by Ashwani Bhatia, whole-time director of Sebi.

The New Indian Express Tadepalligudem से और कहानियाँ

The New Indian Express Tadepalligudem

2 Babbar Khalsa terrorists held from Mumbai

THE Punjab Police have arrested from Mumbai two gangsterturned-terrorists linked with the banned terrorist organisation Babbar Khalsa International (BKI), and operating from overseas locations.

time to read

1 min

December 16, 2025

The New Indian Express Tadepalligudem

The New Indian Express Tadepalligudem

Mexico tariff may impact $2 billion exports; India initiates talks for PTA

UNION Commerce Secretary Rajesh Agrawal said on Monday that India has already initiated technical discussions with Mexico from December 12 for a preferrential trade agreement (PTA) to address the challenge that could arise due to the tariff by Mexico.

time to read

1 mins

December 16, 2025

The New Indian Express Tadepalligudem

LAD funds of 3 Raj MLAs frozen on graft allegation

THE Rajasthan government on Monday seized Local Area Development (LAD) Fund accounts of three legislators and ordered an inquiry amid allegations that hefty commissions being demanded in exchange for sanctioning works under the scheme.

time to read

1 min

December 16, 2025

The New Indian Express Tadepalligudem

Modi embarks on three-nation tour, lands in Jordan

PRIME Minister Narendra Modi on Monday arrived to a rousing welcome in Amman, the capital of Jordan, the first stop in the three nation trip.

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1 min

December 16, 2025

The New Indian Express Tadepalligudem

Nothing mini about auction as franchises look to rebuild

CSK, KKR have high purse value and are keen to put together a core group of players; teams like MI, PBKS and GT, meanwhile, will like to add some back-ups

time to read

4 mins

December 16, 2025

The New Indian Express Tadepalligudem

BJP demands apology over Modi slogans at Cong rally

. RS adjourned after uproar over 'threat'; Rijiju intensifies attack

time to read

1 mins

December 16, 2025

The New Indian Express Tadepalligudem

Lack of road for ambulance leaves pregnant woman, unborn child dead

A pregnant tribal woman, Sukri Kumari, and her unborn child were killed in Jharkhand's Gumla due to a lack of roads in the village.

time to read

1 min

December 16, 2025

The New Indian Express Tadepalligudem

India's trade deficit falls to 5-month low of $24.53 bn in Nov; export rises by 15%

INDIA'S trade deficit in November has declined to a five-month low of $24.53 billion in November, primarily due to the fall in gold, oil and coal imports, while there has been a considerable rise in the exports to the US, showed the data released by by the Ministry of Commerce on Monday.

time to read

1 min

December 16, 2025

The New Indian Express Tadepalligudem

₹ fall deepens as it closes at 90.73/$, weakens by 0.34%

THE rupee continued to weaken for the fourth consecutive day, breaching 90.75-mark during the intraday trade and closing at record low of 90.73 per dollar on Monday.

time to read

1 min

December 16, 2025

The New Indian Express Tadepalligudem

Star Air to start flying to Ahmedabad, Goa, Nanded, B'luru from Navi Mum

BENGALURU-headquartered Star Air said on Monday it will launch the operations from the Navi Mumbai International Airport (NMI) from December 25.

time to read

1 min

December 16, 2025

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