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

The New Indian Express Hyderabad

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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.

FLERE HISTORIER FRA The New Indian Express Hyderabad

The New Indian Express Hyderabad

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.

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1 min

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The New Indian Express Hyderabad

Won't ape around, says new Kalyani sarpanch

CHUDA Navya, the newly elected sarpanch of Kalyani village, on Monday made it clear that tackling the monkey menace wouldbe her priority as it was her promise to voters during the campaign.

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1 min

December 16, 2025

The New Indian Express Hyderabad

₹ 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 Hyderabad

'Violence in Hindi films feel harmful for mental health'

Radhika Apte speaks about her latest, Saali Mohabbat, being done with gore in cinema, the need for fixed working hours for actors, and Al’s advent in creative fields

time to read

3 mins

December 16, 2025

The New Indian Express Hyderabad

The New Indian Express Hyderabad

Ram temple trust wants evidence back from SC

SHRI Ram Janmabhoomi Teerth Kshetra

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2 mins

December 16, 2025

The New Indian Express Hyderabad

Nabin takes charge; Shah, Nadda welcome new prez at party HQ

A day after being named as BJP's new working president, Nitin Nabin took charge of his new responsibility at the party headquarters here on Monday in the presence of Home Minister Amit Shah and outgoing national president JP Nadda.

time to read

1 min

December 16, 2025

The New Indian Express Hyderabad

The New Indian Express Hyderabad

Squash WC win boost for India ahead of CWG, Asiad

AS teen star Anahat Singh scored the winning point against Hong Kong in the World Cup final on Sunday, the team and the crowd at the Express Avenue Mall, here broke into celebrations.

time to read

2 mins

December 16, 2025

The New Indian Express Hyderabad

THE EVOLVING POLITICS OF CESS

I N moments of national anxiety, language hardens.

time to read

3 mins

December 16, 2025

The New Indian Express Hyderabad

Leaders seethe at 'arbitrary' GHMC delimitation process

THE ongoing delimitation exercise to increase the number of wards from 150 to 300 following the expansion of the GHMC has drawn objections from all major political parties, though their responses have differed in tone and intensity.

time to read

1 min

December 16, 2025

The New Indian Express Hyderabad

S'PORE, CANADA, UK ISSUE DELHI AIR QUALITY ALERT

SINGAPORE, the UK and Canada have issued advisories cautioning their citizens about hazardous air quality in Delhi as pollution levels in the national capital worsened sharply, with the Air Quality Index (AQI) nearing 500 and remaining in the \"severe\" category.

time to read

1 min

December 16, 2025

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