Paytm gets show cause notice from ED

Paytm Faces Scrutiny Over Alleged FEMA Rule Violations
Shares of Paytm's parent company, One97 Communications, dropped over 4% amid a notice from the Enforcement Directorate regarding alleged FEMA rule violations concerning investment transactions involving two subsidiaries.
Paytm Shares Plunge After ED Notice Over FEMA Violations
Paytm shares fell over 4% after the Enforcement Directorate (ED) issued a notice alleging FEMA violations by the company and its subsidiaries. The notice pertains to investments made between 2015 and 2019.
Paytm shares drop after firm gets ED notice over alleged FEMA violations
Shares of One97 Communications fell over 4% after the Enforcement Directorate issued a notice regarding alleged FEMA violations.
Paytm drops after ED slaps notice for violating FEMA Act 1999
One 97 Communications (Paytm) fell 1.44% to Rs 706 after the company said that it has received show cause notice (SCN) from the Enforcement Directorate (ED), Government of India for violating provisions of Foreign Exchange Management Act,
Paytm shares in focus on show cause notice from ED on FEMA violations
The Enforcement Directorate slapped One97 Communicaitions with a FEMA violation notice for its subsidiaries, Little Internet and Nearbuy India.
Paytm Receives ED Notice for FEMA Violations, Assures No Impact on Services
Paytm responded to the letter by stating that it is seeking legal advice in order to assess suitable remedies and guarantee adherence to all relevant laws. The business has stated that it is certain that the issue will be resolved without interfering with its daily operations.
Paytm gets show cause notice from ED over alleged Fema violations
The non-compliance identified by the ED amounts to approximately Rs 245 crore in OCL, Rs 345 crore in Little Internet, and Rs 20.9 crore in Nearbuy India, as stated by the company in its filings.
India's Paytm receives notice from financial crime fighting agency, sees no business impact
India's Paytm received a show cause notice from India's financial crime fighting agency on Saturday for allegedly violating the country's Foreign Exchange Management Act.
India's Paytm Receives Show Cause Notice From Crime Fighting Agency
India's Paytm received a show cause notice from India's financial crime fighting agency on Saturday for allegedly violating the country's Foreign Exchange Management Act. The notice relates to violations relating to acquisition of two subsidiaries - Little Internet Private Limited and Nearbuy India Private Limited for the years 2015 to 2019,
Paytm, 2 subsidiaries receive notice for FEMA violations worth ₹611 crore
Paytm-parent One 97 Communications revealed information about the show-cause notices via a disclosure to the exchanges.
Why One 97 Communications, parent of Paytm, shares lost 4% in trade today?
The company has allegedly violated the Foreign Exchange Management Act (Fema) involving aggregate transactions worth over Rs ...
Paytm integrates Perplexity’s AI-powered search in app
The integration of Perplexity’s AI-driven search marks a significant step for Paytm as it seeks to improve customer engagement and ease of use. Unlike traditional search functionalities, AI-powered ...
Press Trust of India on MSN11m
Paytm shares plunge over ED notice
Paytm said it has received notice from ED for alleged FEMA violations by the company and its two subsidiaries — Little ...
Indian Television Dot Com1h
Paytm to provide RBL & its partners digital payment solutions
MUMBAI: Indian fintech giant Paytm has struck a partnership with RBL Bank to provide its signature Soundbox devices and card machines to the bank's merchant partners, the companies announced today.
Stocks to watch: Tata Motors, Paytm, M&M, NLC India among shares to remain in focus today
Maruti Suzuki recorded slight growth, whereas Hyundai and Tata Motors experienced a drop in sales in February, as market ...
Press Trust of India on MSN1d
Paytm Gets Probe Agency Notice Over Foreign Exchange Rule Violation by Units
The Enforcement Directorate has sent a notice to Paytm-owner One97 Communications for alleged violation of certain FEMA rules ...
Paytm to Seek Resolution Of FEMA Allegations Related To Subsidiaries; Says No Impact On Operations
Paytm reaffirmed that there is no financial implication at this stage and the matter does not affect its day-to-day business.
Paytm gets ED show cause notice for transactions involving over Rs 611 cr
Company says these violations pertain to a period when these firms were not subsidiaries of One97 Communications ...