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Thursday, October 2, 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

More Andhra-style prawn fry for Indian plates? How Naidu’s trying to blunt US tariff hit on aqua exports

Naidu attempts to shield aqua farmers after Trump’s tariff hits the shrimp farming sector in Andhra Pradesh, leading to the cancellation of 50% of the state's exports.

Finnish giant ICEYE to build signature radar microsatellites in India, offers full control to govt

Company builds microsatellites that are smaller, faster, cheaper to produce. ICEYE will develop & launch micro-satellites, hand them over to India, which will have full control & sovereignty.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.