moneycontrol.com

Recovery agent or tech provider? DGGI probe puts loan collection firms’ GST model under scanner -DGGI investigating loan-recovery agencies. -Agencies' classification as general service providers. -Classification impacts GST and Input Tax Credit. Pavan Burugula brings in details:  https://lnkd.in/dpbGcDq2 #GST #Tax

LightFury Games ropes in former Indian cricket captain Rohit Sharma as investor -Rohit Sharma invests in LightFury Games. -He'll be a playable character in eCricket. -LightFury Games developing ICC's official eCricket. Read More: https://lnkd.in/dfTe6mnb #RohitSharma #Funding

#MCExclusive | 🚨 SDTT has initiated Tata Sons succession process, has accepted Chandra’s decision not to seek third term Sir Ratan Tata Trust hoping to resolve case at Charity Commissioner level, may not move high court, sources tell Moneycontrol break by Deborshi Chaki 👇 https://lnkd.in/d-Em_P5E

#StartupsWithMC | MeitY reopens AI vendor empanelment after selecting TCS, NEC India and 4 others in Round 1 -MeitY reopens AI/ML agency empanelment for govt. -Aims to widen pool for AI/ML manpower and projects. -New entrants must accept existing L1 rate card. Details by Aihik Sur ⤵️ https://lnkd.in/dVydyKYf

Federal Bank latest lender to tap dollar debt market via GIFT City: Report The private sector lender is looking to raise $500 million through a five-year dollar bond sale via its branch in GIFT City Read More: https://lnkd.in/dTiBsqDE #FederalBank

#MCPersonalFinance | FCNR vs US Treasuries: Where should an NRI park $100,000? -FCNR offers higher USD yield (6-7%) than US Treasuries. -FCNR has longer lock-in, lower liquidity, and bank risk. -NRI choice depends on liquidity, tax, and currency outlook. Details by Navneet Dubey⤵️ https://lnkd.in/d4pQT84V

#Business | India may get more sugar before October 15 as imports begin to move -Some sugar imports expected before Oct 15. -India allowed duty-free import of 1M tonnes raw sugar. -Brazil is the only realistic source for sugar imports. Read More ⤵️ https://lnkd.in/dgN-ghkt

Ganesh idol falls during Mumbai procession, kills two; five injured including minor girls - Ganesh idol fell during Mumbai procession. - Two dead, five injured in Bhuleshwar incident. - Two minor girls among the injured. Read More: https://lnkd.in/dqt3et-G

#Banking | SBI may reach Rs 200 lakh crore total business by 2030: Chairman CS Setty - SBI aims for Rs 200 lakh crore business by 2030. - Growth linked to India's 7-8% economic expansion. - SBI's Vision 2030 focuses on 4 key stakeholders. Read More: https://lnkd.in/dFAbdMqG

Karnataka bans analogue paneer for a year; no storage, sale or use in food products allowed - Karnataka bans analogue paneer for one year. - Ban cites consumer protection and health risks. - No storage, sale, or use of product allowed. Read More: https://lnkd.in/dqJj58in