Advertising
From Pink Slips to Silent Sidelining: Inside adland’s layoff and anxiety crisis
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
From purpose-driven work and narrative-rich brand films to AI-enabled ideas and creator-led collaborations, the awards reflect the full spectrum of modern creativity.
Read More“Confusion creates opportunity for agile players,” Sir Martin Sorrell on industry consolidation
Looking ahead to the close of 2025 and into 2026, Sorrell sees technology platforms as the clear winners. He described them as “nation states in their own right”, with market capitalisations that exceed the GDPs of many countries.