Dilip Chhabria blames conspiracy for his arrest in DC Avanti sales scam
th May 2021 10:36 am
DC Design’s founder claims that the other cases against him have also been fabricated by his business partners and the authorities, as per an official statement.
Castrol 0 Comments Famed car designer Dilip Chhabria was recently released on bail after being under arrest for almost four months on multiple criminal charges. The founder of the automotive design firm
DC Design has now released a statement in an attempt to explain his side of the story. Chhabria blames a conspiracy by “some conniving partners and authorities” for all the cases against him.
Online identity verification uses AI-based models to verify customer identity in real-time over a remote channel allowing businesses to prevent identity theft.
NBFCs in Kerala to work till 1 pm during lockdown
May 07, 2021
NBFC association urges customers to make use of digital services offered by the companies
The Association of Non-Banking Finance Companies has said they have been given approval to open for the public from 10 am to 1 pm during lockdown days.
Thomas George Muthoot, President, Association of Kerala Non-banking Finance Companies (KNBFC), said the operations will be strictly under Covid protocols for the health and safety of their customers and staff members.
He requested the public to make use of the digital services offered by the leading NBFCs in the state. Back-end offices of the NBFCs will support the branch and digital operations, while apps can be used for loan repayment, EMIs and loan top-ups.
Tata Motors weighing legal options against CCI order
May 06, 2021
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One of the dealers alleged that every authorised dealership is obligated to raise finance/loans from banks and or NBFCs such as Tata Capital and Tata Motors Finance
Tata Motors Ltd is seeking legal counsel against the probe ordered by the Competition Commission of India (CCI) for alleged abuse of its dominant position with respect to dealership agreements.
“We have learnt that the Competition Commission of India (CCI) has passed an order directing the Director-General, CCI to initiate investigation against Tata Motors Limited’s (TML) commercial vehicles business in India. We understand that the CCI has passed a prima facie order and has not made any final or binding observations with regard to the allegations levelled against TML. TML is currently reviewing the copy of the order available in the public domain and will consult its legal counsels to take necessary steps.”, said TML in a statement.
BusinessWorld
May 5, 2021 | 6:36 pm
(Part 3 of 4)
Does the end justify the means? When we are talking about the most pressing problem on earth poverty does it still matter
where the money comes from or from whom, for as long as this is used to better someone’s life? Philanthropy has, since time immemorial, been criticized for benefitting the donor rather than the beneficiary, providing an outlet for a person to right his moral wrongs via finance. Still more problematic is when philanthropy becomes a tool to further one’s economic or political agenda. This has occurred in many instances from the smallest village fundraisers to election campaigns to large, institutionalized foundations. Microfinance does not lack in its share of problems relating to the discrepancies between mission and funder’s agenda.