Ayaan Kartik

1 month ago | htsyndication.com | Ayaan Kartik |Manas Pimpalkhare

New Delhi, May 9 -- The fate of thousands of BluSmart electric cars remains in limbo as state-run lenders who financed their purchase dither over next steps. Gensol Engineering Ltd had borrowed from Power Finance Corp. Ltd (PFC) and Indian Renewable Energy Development Agency (Ireda) to buy 4,700 electric cars, which were then leased to BluSmart. These cars have been idling since the regulatory strictures on Anmol Singh Jaggi, who led both companies.

1 month ago | livemint.com | Ayaan Kartik |Manas Pimpalkhare

The fate of thousands of BluSmart electric cars remains in limbo as state-run lenders who financed their purchase dither over next steps. Gensol Engineering Ltd had borrowed from Power Finance Corp. Ltd (PFC) and Indian Renewable Energy Development Agency (Ireda) to buy 4,700 electric cars, which were then leased to BluSmart. These cars have been idling since the regulatory strictures on Anmol Singh Jaggi, who led both companies.

1 month ago | htsyndication.com | Ayaan Kartik |Manas Pimpalkhare

New Delhi, May 5 -- Uber has called off discussions to transition about 5,000 electric cars of Gensol Engineering Ltd-owned BluSmart to its platform, according totwo people aware of the development. The talks were called off due to concerns over the price being asked for the cars. Talks had started as part of BluSmart's plan to revive operations of its cabs. BluSmart was supposed to act as a fleet partner for Uber.

1 month ago | livemint.com | Ayaan Kartik |Manas Pimpalkhare

Summary Talks had started as part of BluSmart’s plan to revive operations of its cabs. BluSmart was supposed to act as a fleet partner for Uber. This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. New Delhi: Uber has called off discussions to transition about 5,000 electric cars of Gensol Engineering Ltd-owned BluSmart to its platform, according to two people aware of the development.

1 month ago | flipboard.com | Ayaan Kartik |Manas Pimpalkhare

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