<h1>Enforcement Directorate issues notice to Paytm and subsidiaries for alleged FEMA violations over Rs 611 crore.</h1> The Enforcement Directorate issued a notice to One97 Communications, the owner of Paytm, and its subsidiaries Little Internet and Nearbuy, for alleged violations of FEMA regulations related to investment transactions. These alleged breaches, totaling over Rs 611 crore, occurred between 2015 and 2019, before the companies became Paytm subsidiaries. Paytm stated that the issue is being addressed legally, with no impact on its services. The company acquired Little Internet and Nearbuy in 2017. The matter is being handled with a focus on compliance with applicable laws.