ED discover to Paytm father or mother over Rs 611 crore Fema violation
NEW DELHI: The Enforcement Directorate (ED) has issued a show-cause discover to One97 Communications, the father or mother firm of Paytm, over alleged violations of the International Alternate Administration Act (Fema) in transactions amounting to Rs 611 crore.The discover, dated Feb 27, cited alleged contraventions between 2015 and 2019 associated to Paytm’s acquisition of two…