AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
  • Select Language
    • English
    • हिंदी
    • ગુજરાતી
  • Advertise With Us
AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
AnyTV News

ED issued notice to Paytm’s promoter company and MD for violation of RBI guidelines

by Aaryan Srivastav
March 4, 2025
ED issued notice to Paytm's promoter company and MD for violation of RBI guidelines

New Delhi, 3 March (IANS). The Enforcement Directorate (ED) on Monday issued a show cause notice to the RBI and others for violating some provisions of RBI and Foreign Exchange Management Act, 1999 (FEMA, 1999) of Rs 611 crore to Paytm’s promoter company One 97 Communications Limited (OCL), Vijay Shekhar Sharma and others.

In New Delhi, the Special Director has issued a cause notice to Paytm’s leading company One 97 Communications Limited (OCL), its Managing Director (MD) and other Paytm subsidiaries – Little Internet Private Limited (LIPL) and Nearbai India Private Limited (NIPL) FEMA, FEMA for violating the provisions of about Rs 611 crore.

The ED investigation has revealed that Paytm’s flagship company had invested in Singapore and did not even give necessary information to the RBI about the creation of a step-down subsidiary abroad.

According to the ED’s statement, OCL also received foreign direct investment from foreign investors without following the fair pricing guidelines set by the RBI.

In addition, OCL’s subsidiary Little Internet in India also received Foreign Investment (FDI) from foreign investors without following the pricing guidelines set by the RBI.

The ED said that Nirbai India Private Limited, another subsidiary of OCL, did not report FDI received by the company within the stipulated time limit by the RBI.

Earlier, Paytm had said that it would find a solution to alleged FEMA violations related to two acquired subsidiaries, Little Internet Private Limited (LIPL) and Nearbai India Private Limited (NIPL).

Paytm said that she is taking legal advice and evaluating appropriate measures through available regulatory procedures.

-IANS

ABS/ABM

SendShareShareTweetSharePinShareSend

Related Posts

dsafd
Business

Mixed signs from Asian markets on Monday, gift nifty flat, know how will the market move on the first day of the week?

by Aaryan Srivastav
July 28, 2025
dsaf
Business

“Indian Rupee vs Dollar” broken rupee against dollar, Indian currency closed at 5 paise falls

by Aaryan Srivastav
July 28, 2025
dssfd
Business

“Gold Price Today” Gold and silver became stable after breaking the price, know the rate of 10 grams of gold

by Aaryan Srivastav
July 28, 2025

Latest News

लड़कों की ये कॉमन आदतें बन सकती हैं रिलेशनशिप ब्रेकअप का कारण, 3 मिनट के इस शानदार वीडियो में जाने कैसे बचें ?
Lifestyle

These common habits of boys can become the reason for a relationship brakeup, how to avoid knowing this magnificent video of 3 minutes?

by Kavita Nagar
July 28, 2025
Amazing story of strange love! The mother of three children ran away with a 14 -year -old boy, father wanders in search of son
News

Amazing story of strange love! The mother of three children ran away with a 14 -year -old boy, father wanders in search of son

by Ankita Sharma
July 28, 2025
1967 से 2022 तक RU के छात्रसंघ अध्यक्षों की पूरी सूची, वीडियो में जानिए कौन-कब-कैसे बना यूनिवर्सिटी प्रेसिडेंट
Politics

Complete list of RU’s students’ union presidents from 1967 to 2022, know who became university presidents in the video

by Sandhya Hirani
July 28, 2025
In the first rain, the color of love rose on Akshara Singh, remembering his love by humming the song
Entertainment

In the first rain, the color of love rose on Akshara Singh, remembering his love by humming the song

by Sandhya Hirani
July 28, 2025
AnyTV News

AnyTVNews is a prominent digital news channel in India, known for delivering the latest updates on politics, sports, entertainment, and local events. The channel’s dedicated team of journalists and reporters ensures that viewers receive accurate and timely information from every corner of country. AnyTVNews has built a reputation for its fast and reliable news service, making it a trusted source for the people of India. The channel’s programs and news bulletins are highly popular among viewers, establishing AnyTVNews as a significant player in the news landscape.

CONNECT WITH US

TRENDING TOPICS

  • Agriculture
  • Astrology
  • Automobiles
  • Business
  • DIY
  • Education
  • Election
  • Entertainment
  • Gadgets
  • Health
  • India
  • Internet
  • Lifestyle
  • Mobile
  • News
  • Opinion
  • Politics
  • Regional
  • Sports
  • Technology
  • Uncategorized
  • Viral News
  • World

READ NEWS IN

  • Hindi
  • Gujarati
  • English

FOLLOW US ON

Follow us on Google News
  • About Us
  • Advertise With Us
  • Disclaimer
  • DMCA Policy
  • Privacy Policy
  • Contact Us

© 2025 AnyTV News Network All Rights Reserved.

No Result
View All Result
  • Select Language
    • हिंदी
    • ગુજરાતી
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Lifestyle
  • Health
  • Automobiles
  • Education
  • Viral News
  • Agriculture
  • Astrology
  • Election
Follow us on Google News

© 2025 AnyTV News Network All Rights Reserved.