Business news: The central government is examining foreign direct investment from China in Paytm Payments Services Ltd, the payment aggregator subsidiary of One97 Communications Ltd, sources said on Sunday. However, in November 2022, RBI rejected PPSL's application and asked the company to resubmit it, so as to comply with Press Note 3 under FDI rules. When contacted, a Paytm spokesperson …
New Delhi: There will be a temporary impact on investment flow to start-ups due to the curbs imposed by the government to stop opportunistic takeover by firms from countries with which India has border tensions, Chief Economic Adviser K V Subramanian said on Wednesday. Speaking at a virtual event organized by FICCI, Subramanian said investment, both direct and indirect, coming …
)