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RBI imposes compounding fee on Paytm over FEMA violations

RBI imposes compounding fee on Paytm over FEMA violations

04 Feb 2026, 10:06 AM

The penalty stems from Paytm's purchase of e-commerce firm Little Internet nearly eight years ago.

Budget 2026-27: Govt to assess AI impact on jobs; boost services

Budget 2026-27: Govt to assess AI impact on jobs; boost services

01 Feb 2026, 03:47 PM

To boost foreign investment in India, the Budget 2026-27 increases investment cap for non-residents in equity instruments of listed Indian companies to 10%.

BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

25 Jul 2025, 12:17 PM

The ED has filed a complaint against Simpl and its founder Nithya Nand Sharma for allegedly violating FEMA provisions.

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, 07:39 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.

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Fintech Highlights

  1. InCred Finance FY26 revenue from operations up 36% to Rs 2,546 crore

  2. NeuralKart bags seed funding led by Inflection Point Ventures

  3. Zaggle to invest in cross-border payments company Unobanc

  4. Turtlemint FY26 revenue up 57% to Rs 1,098 crore

  5. Scapia launches Rs 20 crore ESOP buyback
  6. Read more news...

AI/Emerging Tech

  1. FireAI raises fresh funding from existing investor SucSEED

  2. Thinking Machines Lab launches its first AI model Inkling

  3. SwitchOn secures pre-Series B funding led by IvyCap Ventures

  4. KuhlTherm bags seed funding led by Arkam Ventures

  5. Emergent raises Series C funding round led by Creaegis at unicorn valuation
  6. Read more news...

IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

  2. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  3. Shiprocket IPO: A profitable core, costly emerging bets

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
  5. Read more news...

Money & Machines

  1. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  2. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  3. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?

  4. Money & Machines: When fintech forgot to party; AI hype missing cheques + Stock Chart [story]
  5. Previous editions...

PE/VC Tales

  1. Inside the fintech bets of Blume Ventures

  2. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

  3. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  4. Micro VCs: Fueling India's startup pipeline or distorting it?
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]