Directorate Of Enforcement

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

03 Mar 2025, 19:39 PM

An ED investigation reveals that OCL had made foreign investment in Singapore and did not file necessary reporting to RBI for creation of overseas step down subsidiary.

ED attaches fresh assets worth Rs 388 crore in Mahadev online betting case

ED attaches fresh assets worth Rs 388 crore in Mahadev online betting case

08 Dec 2024, 00:07 AM

The ED has seized assets valued to the tune of Rs 2295.61 crore in this case.

Fintech Highlights

  1. Payments Council of India reappoints CCAvenue's Vishwas Patel as chairperson

  2. Avanse Financial Services raises $200 million in debt via ECB

  3. Motilal Oswal Mutual Fund hikes stake in Paytm

  4. Kiwi raising Series B funding led by Vertex

  5. Kissht files draft paper for IPO, eyes Rs 1,000 crore via fresh issue
  6. Read more news...

AI/Emerging Tech

  1. Google inks cloud computing deal worth $10 billion with Meta

  2. OpenAI's chief people officer Julia Villagra steps down

  3. OpenAI set to open its first India office

  4. Robotics startup FieldAI raises $405 million from Nvidia's VC arm, others

  5. Meta hits pause on hiring for AI division
  6. Read more news...

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality