Omar News

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Omar Bazza is bringing mental health to the millennial through social media

The Canadian therapist is decoding mental health subjects, one Twitter thread at a time

5 min read12 Oct 2020
Politics

Will not contest Assembly polls in J&K till full statehood is restored: Omar Abdullah

I won't fight an election to lead the Union Territory assembly which is such a disempowered assembly, says the National Conference leader

1 min read27 Jul 2020
News

Omar Abdullah's freed after eight-month detention, PSA revoked

A swarm of media personnel and supporters, many of them in masks, waited for him outside his residence after he was released

1 min read24 Mar 2020
News

Ex-J&K CM Omar Abdullah freed after over seven months of detention

The move comes just two weeks after Omar’s father Farooq Abdullah, also a former CM, was released On 18 March, SC gave the Central government a week to release Abdullah on a plea by his sister

2 min read25 Mar 2020
News

Another photo of Omar Abdullah, in detention since 5 August, surfaces

The National Conference leader has been in detention at Hari Nivas in Srinagar ever since Article 370 was abrogated This is the third photo of Omar that has surfaced since his detention

1 min read7 Mar 2020
News

I pray for early release of Abdullahs, Mehbooba from detention: Rajnath Singh

Defending the government's decision, the Defence Minister said that certain steps had been taken in the interests of Kashmir Singh said he will pray for the early release of the Abdullahs and Mufti from their detention

1 min read22 Feb 2020
Politics

SC issues notice in plea challenging Omar Abdullah’s detention

The court will next hear the case on 2 March Abdullah is in detention for the last 6 months

1 min read14 Feb 2020
Politics

SC judge recuses self from hearing plea on Abdullah’s detention

A new bench of the Supreme Court will on Friday hear the plea by Abdullah’s sister, Sara Abdullah Pilot Abdullah and former chief minister Mehbooba Mufti were booked under PSA

1 min read12 Feb 2020
News

Sudan to hand over ex-President Omar al-Bashir to ICC for Darfur crimes

Al-Bashir, who was overthrown by the military last year amid a public uprising, is wanted by the ICC on charges of crimes against humanity and genocide related to the Darfur conflict Since his ouster in April, he has been in jail in Sudan’s capital, Khartoum, on charges of corruption and killing protesters

2 min read11 Feb 2020
Politics

Omar Abdullah‘s sister moves SC challenging his detention under PSA

The bench agreed to urgent listing of the matter Plea sought issuance of habeas corpus

2 min read10 Feb 2020

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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The Gensol-BluSmart saga

On 24 February, Mint first reported, citing people familiar with the developments, that Blu-Smart Mobility, Anmol Jaggi’s privately-owned electric cab-hailing service, had defaulted on Rs 30 crore worth of bonds in early February because of a cash crunch. The company subsequently paid non-convertible debenture (NCD) holders. (Even before this development, another Mint story on 4 February had spotlighted Gensol's shareholding pattern: In September 2022, Hari Shankar Tibrewala had invested in the company, part of whose stake was taken into possession by the Government of India in late 2024.) Just 10 days after we wrote about the news of Blu-Smart facing a cash crunch, things turned worse for Gensol when Care Ratings downgraded the company to default. The rating agency's action marked the start of a downward spiral for the company, which then saw its share prices crash, leading to the invocation of promoter shares and raising questions on corporate governance. Finally, on 15 April, the market regulator, the Securities and Exchange Board of India, in an interim order, minced no words when it barred the Jaggi brothers from being at the helm and ordered Gensol to undertake a forensic audit on money siphoning. Here’s a list of all these stories by Mint to understand how the company, once the poster boy of renewable energy and EV space, unravelled.

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