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Wednesday, April 22, 2026
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

University townships — India’s chance to build its own version of what America got right

India’s university towns initiative is an opportunity to do something we have never managed at scale: build knowledge ecosystems rather than knowledge silos.

FTA partners drive India’s trade surge as reliance on non-FTA countries dips, says NITI Aayog report

Share of trade with FTA partners rose from 4.6% in 2006 to 28.8% in 2024. India is currently negotiating or advancing agreements with US, Israel, GCC, Canada & Mexico.

Japan overhauls post-World War II pacifist military approach, lifts restrictions on defence exports

Since October last year, Japan PM Sanae Takaichi has planned to increase defence spending target to 2 percent of GDP.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.