India News: The Enforcement Directorate (ED) has filed chargesheets against car designer Dilip Chhabria, his sister Kanchan Chhabria, and others in a money laundering case. The chargesheet alleges that the accused conspired with the interim resolution professional appointed by the National Company Law Tribunal (NCLT) and engaged in fraudulent activities, including staging a fire to defraud an insurer. The ED also claims that funds received from actor Kapil Sharma were used for loan repayments and personal expenses. The accused have been summoned by the court.
Synopsis
Small retailers have been known to operate on credit due to lack of working capital but they have to pay interest in the range of 40-100 percent.
ThinkStock Photos The company has a direct tie-up with leading FMCG brands, making it convenient for retailers to source through Taikee instead of interacting with multiple brands salesmen.
MUMBAI: Peel-Works Pvt Ltd, a B2B e-commerce grocery firm, has partnered with three NBFCs to provide short-term credit to kirana stores at reasonable interest rates.
The three NBFCs RBL, Karbon Cards and Indifi will provide credit in the range of Rs 50,000 to Rs 2,50,000 for seven to 15 days to the small retailers registered on Peel-Works mobile app Taikee.