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BluSmart suspended operations in April after India's market regulator barred co-founder Anmol Jaggi from the securities market.Indian electric cab firm
With high interest rates locked for at least two more months, borrowers stuck in debt should consider making some strategic
Marcus Morris Blames Mixup for $260K Casino Debt Arrest Privacy Manager
(MENAFN- Live Mint) The wheels have come off the fraud-hit BluSmart Mobility, once hailed as a pioneer in India's electric
The National Company Law Tribunal (NCLT) at Ahmedabad has admitted BluSmart Mobility Limited into the Corporate Insolvency Resolution Process (CIRP)
Singapore’s omnibus Insolvency, Restructuring and Dissolution Act, 2018 (IRDA), came into effect on 30 July 2020 and amalgamated its corporate
Medical debt relief to assist hundreds of thousands of Vermonters  Milton Independent Read the original article here
Debt forgiveness could help you wipe out your debts faster than expected, but you'll have to qualify first. Getty Images
Beloved 159-year-old Home Depot rival closing, liquidating  TheStreet Read the original article here
Killarney Brewing & Distilling Enters Liquidation  The Whiskey Wash Read the original article here
A private equity-backed provider of care services to vulnerable patients across England is on the brink of insolvency, prompting Whitehall
FTC Issues Warning: Consumers Targeted by Debt Relief Scams  ACA International Read the original article here

<p>BluSmart suspended operations in April after India's market regulator barred co-founder Anmol Jaggi from the securities market.</p>
BluSmart suspended operations in April after India’s market regulator barred co-founder Anmol Jaggi from the securities market.

Indian electric cab firm BluSmart has entered insolvency, an order from a company law tribunal showed, amid mounting corporate governance issues after a regulatory probe alleged its co-founder diverted funds meant for vehicle leases.

BluSmart suspended operations in April after India’s market regulator barred co-founder Anmol Jaggi from the securities market.

The ban followed allegations that Jaggi diverted funds from his publicly listed affiliate, Gensol, for personal use – including the purchase of a $5 million luxury apartment…

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With high interest rates locked for at least two more months, borrowers stuck in debt should consider making some strategic moves now.

Getty Images


The news on Wednesday that the Federal Reserve was keeping its benchmark interest rate frozen wasn’t exactly unexpected, but it still marked yet another major disappointment for borrowers. Saddled with high rates on everything from credit cards to personal loans to mortgages, the Fed’s decision this week all but ensures the status quo for around another two months, or until the…

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