Tag: GUPTA
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Ocior Energy’s CEO Entangled in Adani Bribery Case Whilst Securing Major Deal
Ocior Energy’s CEO, Ranjit Gupta, implicated in the Adani bribery case, has secured a ₹10,000 crore pact with REC Ltd. while operating under legal scrutiny. With zero revenues and significant ambitions in the green energy sector, concerns arise regarding its viability, especially given the ongoing federal investigation into alleged corrupt payments. Industry experts caution that…
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Companies News Today: Key Developments on November 28, 2024
On November 28, 2024, notable news includes the launch of Kenro Capital by former Peak XV MD Piyush Gupta, targeting tech-led investments. Stellaris Venture has unveiled its largest fund of $300 million for early-stage tech startups, while entrepreneurial creators seek investor backing amidst cautious venture capitalists. Additionally, Andhra Pradesh has extended Adani Green Energy’s power…