ED probes Paytm for foreign funding and Fema violations – The Times of India
The company said it was ‘working towards resolving the matter in accordance with applicable laws and regulatory processes. We remain committed to strengthening processes in adherence and upholding the highest…
ED notice to Paytm parent over Rs 611 crore Fema violation – The Times of India
NEW DELHI: The Enforcement Directorate (ED) has issued a show-cause notice to One97 Communicationsthe parent company of Paytmover alleged violations of the Foreign Exchange Management Act (Fema) in transactions amounting…
Paytm arm to sell Stock Acquisition Rights in Japan’s PayPay for Rs 2,364 crore – Times of India
NEW DELHI: Fintech firm and owner of Paytm brand One97 Communications‘ Singapore-based arm has approved the sale of its Stock Acquisition Rights in Japan’s PayPay to Softbank Vision Fund 2…
Paytm users can now make UPI payments at select international locations – Times of India
NEW DELHI: One97 Communications (OCL), which operates under the Paytm brand, announced on Tuesday that their users can now make UPI payments at specific international destinations, including select locations in…