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Paytm admits to compliance issues; investors move to oust Raveendran

The leadership of fintech firm Patym on Thursday acknowledged that it may have fallen short on compliance issues, triggering punitive action by the central bank. Neither the central bank nor Paytm founder Vijay Shekhar Sharma disclosed the exact reason for which the bank faced such stringent penal action. This and more in todays ETtech Morning Dispatch.
United Kingdom Yashish Dahiya Sashwath Swaminathan Rajnish Kumar Bhavesh Gupta Divya Gokulnath

Zee-Sony fallout: Zee incurred Rs 700-cr cost for merger deal, says report

On January 21, Sony Group sent a notice to Zee Entertainment terminating the mega-merger worth $10 billion between the two entities. Later, Sony Group sought $90 million for breach of conditions besides initiating arbitration from ZEEL.
Shyamala Venkatachalam Los Angeles Sony Group National Company Law Tribunal Zee Entertainment Enterprises Ltd Zee Sony

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Safeguarding Your PCBA Design From Electromagnetic Interference

With our increasing dependence on electronic devices, it is imperative that these systems seamlessly operate within their electromagnetic environments. Addressing Electromagnetic Interference (EMI) and fostering Electromagnetic Compatibility (EMC) emerge as critical concerns
United States Nthatisi Hlapisi Macrofab Factory Automation Macrofab Electronics Electromagnetic Interference Electromagnetic Compatibility From Electromagnetic

Discover Slumps as Profit Plunges 62% Amid Compliance Costs Pain

(Bloomberg) -- Discover Financial Services posted a 62% drop in fourth-quarter profit as the company continued to grapple with the fallout from compliance and risk-management lapses that led to the resignation of its chief executive officer last year. The company’s shares tumbled.Most Read from BloombergBlinken’s Return From Davos Was Delayed After Plane Broke DownApple to Sell Watches Without Oxygen Feature After Legal SetbackPakistan’s Army Strikes Back at Iran as Both Sid...
United States New York John Owen John Greene Bre Bradham Michael Rhodes
Source: yahoo.com

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