ED probes Paytm for foreign funding and Fema violations

[ad_1] The company said it was ‘working towards resolving the matter in accordance with applicable laws and regulatory processes. We remain committed to strengthening processes in adherence and upholding the highest standards of compliance and governance’ NEW DELHI: The Enforcement Directorate on Monday said it has found foreign investors making investments in Paytm’s parent company,…

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‘False’ FASTag wallet toll deduction? Here’s what NHAI is doing

[ad_1] FASTag users sometimes get toll deduction messages even when their vehicles are parked at home. ‘False FASTag toll deduction’: The National Highways Authority of India (NHAI) has taken strict action against incorrect FASTag wallet deductions, penalising toll collectors in approximately 250 instances. FASTag users sometimes get toll deduction messages even when their vehicles are…

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Paytm issues clarification on ED notice over alleged FEMA violations

[ad_1] Paytm clarified that the alleged violations occurred when these companies were not its subsidiaries. Paytm alleged FEMA violations: Following reports of ED (Enforcement Directorate) sending a notice to Paytm, shares of One97 Communications plunged around 4% before recovering.A regulatory filing on Saturday revealed that Paytm received notice from the Enforcement Directorate (ED) regarding alleged…

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How Indian Railways will opt for mix of nuclear, solar, hydropower for 2030 net zero plan

[ad_1] Indian Railways is progressing towards achieving complete electrification of broad gauge routes. (AI image) Indian Railways is developing a diversified energy strategy for its net zero 2030 initiative, incorporating nuclear, solar, hydropower, wind and thermal sources, according to officials. The strategy aims to fulfil the national transporter’s 10-gigawatt (GW) traction requirement for operating trains…

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US Treasury Department: US treasury halts enforcement of corporate transparency act and BOI reporting, Donald Trump says ‘exciting news’

[ad_1] File photo: US President Donald Trump (Picture credit: ANI) The US treasury department announced Sunday that it will no longer enforce the Corporate Transparency Act (CTA) and its associated Beneficial Ownership Information (BOI) reporting requirements.The decision effectively suspends penalties for US citizens and domestic companies, shifting enforcement efforts toward foreign businesses.The move was welcomed…

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‘You are better off…’: Zerodha’s Nithin Kamath shares SIP mantra amidst stock market crash doom and gloom

[ad_1] Nithin Kamath, the founder and CEO of Zerodha says it’s ‘wrong’ to stop SIPs. Stock market crash: Indian equity markets have been sliding and how! BSE Sensex and Nifty50 have corrected around 14-15% from their peaks in September and in the current uncertain global environment, there is no clarity on when this bear phase…

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Stock market crash: Mayhem in smallcap and midcap stocks! What should investors do?

[ad_1] Stock market crash: Market analysts provide differing perspectives on current market conditions. (AI image) Stock market crash: Smallcap and midcap stocks have experienced their most severe decline since the March 2020 Covid market downturn, causing significant losses for retail investors. In February, widespread selling affected the broader market severely, with the BSE Smallcap index…

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