Advertising
Global Mergers, Local Ripples: Consolidations reshape India's ad land as clients seek 'single-window' partners
ED demands details on Paytm Payments Bank's overseas transactions
In early February, a media report surfaced that the Enforcement Directorate (ED) had begun probing into One97 Communications on suspicion of violation of foreign exchange rules.
In early February, a media report surfaced that the ED had begun probing into One97 Communications on suspicion of violation of foreign exchange rules. However, the firm has denied these allegations. (Image source: Amazon)
Every day this month has been a new development in the Paytm saga. The Enforcement Directorate (ED) is seeking details on overseas transactions from Paytm Payments Bank, stated a media report.
In early February, a media report surfaced that the ED had begun probing into One97 Communications on suspicion of violation of foreign exchange rules. However, the firm has denied these allegations.
The investigating agency sought more information from the Reserve Bank of India (RBI) which had clamped down on the operations of Paytm Payments Bank, which would become effective post February 29.
SPOTLIGHT
As India eyes global leadership in media, entertainment and gaming, Storyboard18's Digital Entertainment Summit, set to take place on June 27 in the capital, will spotlight the bold strategies, policy pathways and creative innovations shaping the future of the industry.
Read MoreIN PHOTOS: At Global Pioneers Summit, visionaries chart the future of business and creativity
From the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.