Search result for 'fema violations'

The Reserve Bank of India has fined Citibank Rs 3.20 lakh for failing to conduct due diligence on foreign currency remittances, violating FEMA regulations.

The Enforcement Directorate has issued a show cause notice to Paytm's parent company One 97 Communications and its subsidiaries for alleged violations of FEMA rules, including improper FDI reporting.

Paytm shares fell over 4% after the Enforcement Directorate (ED) issued a notice alleging FEMA violations by the company and its subsidiaries. The notice pertains to investments made between 2015...

Paytm's parent company, One97 Communications, received a notice from the Enforcement Directorate for alleged FEMA violations related to acquisitions of Little Internet and Nearbuy. The company says...

Paytm owner One97 Communications received an Enforcement Directorate notice for alleged FEMA violations in the acquisition of Little Internet and Nearbuy India. The notice pertains to investment...

The Enforcement Directorate seized over Rs 8 crore from a Chennai-based power firm, OPG Group, for alleged violation of FDI rules and foreign exchange law.

The Enforcement Directorate has ordered the confiscation of Rs 252 crore assets of PC Financial Services Pvt Ltd, an Indian subsidiary of a Norwegian company controlled by Chinese individuals, for...

Paytm and its payments bank have received notices and requests for information from the ED regarding customer transactions. The company''s shares have plunged amid the investigation and...

Paytm shares tanked 10% on Wednesday after reports of a preliminary inquiry against Paytm Payments Bank Ltd for alleged FEMA violations. The stock hit its 52-week low.