BluSmart’s parent firm Gensol shares crash 90 pc as SEBI exposes mega fraud

IANS | April 17, 2025 3:00 PM

New Delhi, April 17 (IANS) The stock of Gensol Engineering Limited, the parent company of EV maker BluSmart, crashed another 5 per cent on Thursday, taking the total fall to nearly 90 per cent from the 52-week high of Rs 1,124.90 after a massive fraud was exposed by the capital markets regulator.

CCPA issues notices to coaching centres for misleading ads

IANS | April 17, 2025 1:20 PM

New Delhi, April 17 (IANS) The Central Consumer Protection Authority (CCPA) has issued notices to some coaching institutes for violating the Consumer Protection Act and Guidelines for the Prevention of Misleading Advertisements in the Coaching Sector, according to an official statement issued on Thursday.

India to grow by 6.5 pc in 2025 amid global slump: UN report

IANS | April 17, 2025 12:34 PM

New Delhi, April 17 (IANS) India is expected to remain the fastest growing major economy with a 6.5 per cent growth rate in 2025 while global growth is seen as marking a shift towards a recessionary path with the international trading system facing its most serious challenge since the Second World War, according to the latest UNCTAD report.

Indian stock market opens in red, IT stocks drag

IANS | April 17, 2025 9:34 AM

Mumbai, April 17 (IANS) After three consecutive days of gains, the domestic benchmark indices opened in red on Thursday amid weak global cues, as selling was seen in the IT and auto sectors in the early trade.