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Blusmart insolvency: Claims worth over ₹500 crore filed
Financial Express Pune
|August 27, 2025
ABOUT 200 APPLICANTS have likely staked claims worth about ₹500 crore for assets of BluSmart Electric Mobility as part of the ride-hailing firm's insolvency proceedings.
The company, which was accused of corporate governance lapses and loan diversions, had insolvency proceedings initiated against it on July 29, following a plea by financial creditor, Catalyst Trusteeship, which was admitted by the National Company Law Tribunal (NCLT) Ahmedabad under the Insolvenc
Bu hikaye Financial Express Pune dergisinin August 27, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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Financial Express Pune
Lighthouse Canton bullish on India private credit biz
SINGAPORE-BASED WEALTH and asset management firm Lighthouse Canton is looking to grow its Indian private credit and hybrid debt businesses five times in the next five-seven years.
1 min
May 25, 2026
Financial Express Pune
'SAP to hire more AI talent in India'
Software firm SAP has unveiled a clear strategy around AI, launching more than 200 specialised AI agents and 50-plus assistants that enable companies to use these agents for executing processes autonomously, at its flagship event SAP Sapphire 2026 in Orlando, the US. In an interview with Manu Kaushik, SAP Chief Technology Officer (CTO) Philipp Herzig talks about a broad range of issues, including the rise of AI and its impact on the global job scenario, and India’s AI capabilities. Excerpts:
2 mins
May 25, 2026
Financial Express Pune
DMRC expands global outreach
COUNTRIES INCLUDING ISRAEL, Egypt and Greece approached Delhi Metro Rail Corporation (DMRC) for possible collaboration in metro projects, with the corporation now looking to expand its international presence through a dedicated overseas arm as it seeks additional revenue to modernise ageing infrastructure in the national capital, Managing Director Vikas Kumar said.
1 min
May 25, 2026
Financial Express Pune
Mirror, mirror on the wall
HERE’S HOW TECH-POWERED SPEED IS REDEFINING LOYALTY IN THE $23-BILLION BEAUTY AND PERSONAL CARE MARKET
3 mins
May 25, 2026
Financial Express Pune
Apples to apples, Kia beats Maruti
IN THE LAST THREE YEARS, THE CARENS HAS SOLD ALMOST TWICE AS MUCH AS THE XL6
2 mins
May 25, 2026
Financial Express Pune
US green card memo leaves key questions unanswered: Experts
A POLICY MEMORANDUM issued by the US Citizenship and Immigration Services (USCIS) last week has triggered concern among Indian professionals in the US over the future of employment-based green card applications.
1 mins
May 25, 2026
Financial Express Pune
India needs reforms, not sermons
THE ONLY RATIONAL WAY TO AVOID LOOMING ECONOMIC CRISIS WILL BE MAJOR REFORMS, A LA 1991
4 mins
May 25, 2026
Financial Express Pune
Cooling-product sales sizzle
AS TEMPERATURES BREACH 40-45 degrees Celsius across several parts of the country, India’s summer economy is running at full throttle this year.
1 min
May 25, 2026
Financial Express Pune
Tata Sons board meets tomorrow amid tension
LISTING, CHANDRA’S 3RD TERM, CAPITAL DISCIPLINE ON AGENDA
2 mins
May 25, 2026
Financial Express Pune
Practical upgrades for users
SAMSUNG'S PREMIER SMARTPHONES GET SMARTER
1 min
May 25, 2026
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