Toronto city council approves increasing fines for more than 100 parking violations
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India defers approval of Paytm's investment in its payments arm
India has deferred approval of Paytm's Rs 50 crore ($6 million) investment in its Paytm Payment Services arm in part due to concerns about a Chinese shareholding in the parent company, according to three government officials and a document seen by Reuters. One 97 Communications, popularly known as Paytm, is already under the scrutiny of India's banking regulator and financial crime-fighting agency after the central bank ordered it to wind down its payments bank in January. The sources indicated...