Subscribe To Print Edition About The Tribune Code Of Ethics Download App Advertise with us Classifieds

Paytm gets ED notice for FEMA violation in acquisition of 2 firms

The ED has sent a notice to fintech firm Paytm owner One97 Communications for alleged violation of FEMA rules by the firm in relation to the acquisition of two subsidiaries. One97 Communications, which owns the Paytm brand, informed the BSE...

PTI

New Delhi, Updated At : 06:09 AM Mar 02, 2025 IST

The ED has sent a notice to fintech firm Paytm owner One97 Communications for alleged violation of FEMA rules by the firm in relation to the acquisition of two subsidiaries. One97 Communications, which owns the Paytm brand, informed the BSE that it had received a FEMA violation notice from the ED on February 28 for its subsidiaries Little Internet Private Ltd and Nearbuy India Private Ltd.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by :

Paytm gets ED notice for FEMA violation in acquisition of 2 firms

PTI

Unlock Exclusive Insights with The Tribune Premium