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Wednesday, December 3, 2025
TopicOne97 Communications Ltd

Topic: One97 Communications Ltd

Why ED sent Rs 611 cr FEMA violation show cause notice to Paytm parent company

Directors & those managing the finances of OCL & its affiliated firms, who have been served the notices, have to appear before the ED investigating officers, it is learnt.

Paytm reports wider losses in December quarter after disastrous IPO

Paytm reported a loss of Rs 780 crore for the quarter, compared with a loss of Rs 474 crore a quarter earlier. Revenues rose 34% to Rs 1,460 crore.

A stake in company behind Paytm will be Warren Buffett’s first foray into Indian startups

Buffett's Berkshire Hathaway is set to acquire a stake in One97 Communications Ltd, valuing the target at more than $10 billion.

On Camera

The politics of air pollution—how they are fooling the citizens

Greens have a sizeable support in the Western countries with clean air and blue skies, but not in India, where poisonous air, water and soil kill millions.

India picks up non-sanctioned Russian oil as discounts widen

The purchases confirm a cautious return to Russian oil, though overall spot purchases remain limited. Trade talks between US and India are ongoing.

India to commission new squadron of submarine-hunting Romeo choppers in Goa later this month

The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.