Paytm, India and violating FEMA

India's financial crime fighting agency says Paytm violated foreign exchange rules
India's financial crime fighting agency said on Monday its investigation revealed that payment services provider Paytm and its units had violated the country's Foreign Exchange Management Act to the tune of 6.
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 receives show cause notice for violating FEMA in acquisition of two subsidiaries
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,
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. The notice relates to violati
Paytm parent firm flouted RBI norms: ED on Rs 61-crore notice
The Enforcement Directorate on Monday said it has issued a notice to Paytm’s parent company, its MD and linked entities for ...
FEMA Violation: Paytm made investments in Singapore without reporting to RBI, says ED
Paytm’s parent allegedly made certain Singapore investments without informing the RBI and claimed the Enforcement Directorate ...
devdiscourse12h
Paytm Under Scrutiny: ED Issues Rs 611 Crore Notice for FEMA Breach
The Enforcement Directorate issued a Rs 611 crore show cause notice to Paytm's parent company and subsidiaries for violating ...
inc4210h
Paytm Parent Failed To Inform RBI About Foreign Investment: ED
The ED sent a show cause notice to Paytm for alleged FEMA violations as its parent One97 Communications failed to report its ...
newsbytesapp.com8h
Here's how you can personalize your Paytm profile
Long press an empty spot, tap "Widgets," and locate Paytm. Pick one of three types: Scan and Pay; a combo of Scan and Pay, ...
devdiscourse11h
Paytm in FEMA Soup: ED Issues Notice for Massive Rs 611 Crore Contravention
The Enforcement Directorate has issued a notice to Paytm's parent company, managing director, and subsidiaries for violations ...
ED issues show cause notices to PayTm, its subsidiaries for ₹611-cr FEMA violation
ED investigates Paytm for foreign investment violations, issuing show cause notices for FEMA contraventions totaling ₹611 ...
The Financial Express10h
ED notice to Paytm’s parent company over Rs 611 crore FEMA violation; shares drop 4%
The Enforcement Directorate on Monday issued a notice to Paytm's parent company, its MD, and related entities for violating ...
India Today on MSN11h
Paytm under ED lens for FEMA violations, failed to inform RBI on Singapore deal
The investigation agency said that Paytm failed to follow the rules under the Foreign Exchange Management Act (FEMA) while ...
FEMA Violation: Paytm’s OCL made investments in Singapore without reporting to RBI, says ED
Online payments platform Paytm's subsidiary OCL allegedly made certain foreign investments in Singapore without informing India's banking regulator the Reserve Bank of India, reported the news agency ...
Paytm partners with RBL Bank
Paytm has partnered with RBL Bank to strengthen digital payment adoption among the bank's merchant partners. As part of this collaboration, Paytm will provide its Soundbox and card machines to RBL ...