Ocl

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

04 Mar 2025, 12:35 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.

Paytm Q3 revenue dips 36% yoy, loss narrows to Rs 208.5 crore

Paytm Q3 revenue dips 36% yoy, loss narrows to Rs 208.5 crore

20 Jan 2025, 23:38 PM

Employee benefits - the largest cost centre - stood at Rs 756 crore, compared to Rs 1,187 crore reported in Q3 FY24.

Fintech Hightlights

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  2. Indifi posts revenue jump in FY24; profit declines

  3. Safexpay's FY24 revenue drops 67%; loss widens

  4. M2P Fintech sees decline in operating revenue, export income in FY24

  5. Student lending platform Leap Finance raises $100 million debt from HSBC
  6. Read more highlights...

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