Tuesday, May 17, 2022
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Paytm

Paytm To File For New License, Says Bullish About Its Roadmap For General Insurance

Paytm To File For New License, Says Bullish About Its Roadmap For General Insurance

Paytm reiterated its intention to make inroads in the general insurance sector, as it is extremely bullish about its potential

16 May 2022
Paytm To Breakeven On Operating Profit Level In Next 6 Quarters, Says Vijay Shekhar Sharma

Paytm To Breakeven On Operating Profit Level In Next 6 Quarters, Says Vijay Shekhar Sharma

Sharma said that the estimates are well ahead of estimates by most analysts.

06 April 2022

Macquarie Says NPCI’s UPI Lite To Pose Threat On Wallet Business: Report

Earlier this month, Macquarie reduced the target price of stocks of One97 Communications Limited, Paytm's parent company by 36 per cent from Rs 700 to Rs 450.

Paytm Has Got Customers By Way Of Cashbacks, Not By Rendering Services: Aditya Puri

Paytm Has Got Customers By Way Of Cashbacks, Not By Rendering Services: Aditya Puri

The remarks come amid a steep decline in Paytm's shares, which are now trading 75 per cent lower than the price at which investors bought them at the initial...

30 March 2022

Nepal Adopts India's UPI For Digital Transactions

Earlier this year, Bhutan also launched a BHIM-UPI based payment service for digital transactions

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21 March 2022
LIC IPO: Govt Files Updated Draft Papers With Q3 Financials

LIC IPO: Govt Files Updated Draft Papers With Q3 Financials

As per the updated financials, the Life Insurance Corporation reported a net profit of Rs 235 crore in the October-December quarter


19 March 2022
India’s Digital Rupee Will Be Like ‘Dematerialised Bank Notes’, Says SC Garg

India’s Digital Rupee Will Be Like ‘Dematerialised Bank Notes’, Says SC Garg

S.C. Garg believes that the India’s digital rupee or CBDC will be more like ‘dematerialised bank notes’ as it has been clarified in Parliament that RBI...


17 March 2022
Ashneer Grover Digs Into Paytm Wallet To Buy Peace With Start-Ups

Ashneer Grover Digs Into Paytm Wallet To Buy Peace With Start-Ups

BharatPe co-founder Ashneer Grover surprised everyone on Thursday after he tweeted urging people to "buy" Paytm stocks.


15 March 2022
Paytm Investors Lose 72% Since Listing; What Should Existing Investors Do?

Paytm Investors Lose 72% Since Listing; What Should Existing Investors Do?

Paytm parent One97 Communications has turned out to be the worst performing initial public offering (IPO) launched in the recent past. The stock has eroded...


15 March 2022
SoftBank’s Munish Varma To Step Down From Boards Of One97 Communications, PB Fintech: Report

SoftBank’s Munish Varma To Step Down From Boards Of One97 Communications, PB Fintech: Report

SoftBank had invested approximately $1.4 billion in One97 Communications four years ago, acquiring a 17.4 per cent stake in the company. It also has a 12.4 per...


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14 March 2022
Paytm Payments Bank Denies Reports Of Data Leak To Chinese Firms

Paytm Payments Bank Denies Reports Of Data Leak To Chinese Firms

Paytm Payments Bank termed the report "completely false, inaccurate and unverified," adding that it is fully compliant with RBI’s directions on data...


14 March 2022
RBI Punished Paytm Payments Bank For Data Leaks To Chinese Firms: Report

RBI Punished Paytm Payments Bank For Data Leaks To Chinese Firms: Report

Annual inspections by the Reserve Bank of India found that the company’s servers were sharing information with China-based entities that indirectly own a...


14 March 2022
Sensex, Nifty Extend Gains; Infosys, ICICI Bank, HDFC Bank Top Gainers

Sensex, Nifty Extend Gains; Infosys, ICICI Bank, HDFC Bank Top Gainers

At 11:49 am, the Sensex was up as much as 421 points at 56,078 and Nifty 50 advanced 121 points or 0.73 per cent at 16,752. 


13 March 2022
Paytm's Vijay Shekhar Sharma Was Arrested In Feb For ‘Ramming’ DCP’s Car

Paytm's Vijay Shekhar Sharma Was Arrested In Feb For ‘Ramming’ DCP’s Car

Vijay Shekhar Sharma was allegedly driving a Jaguar Land Rover that hit the car of DCP (South district)


12 March 2022
SoftBank In Talks With Tatas, Mahindra For Stake Buy In Subsidiary: Top Official

SoftBank In Talks With Tatas, Mahindra For Stake Buy In Subsidiary: Top Official

SoftBank has billions of dollars invested across the world and its domestic bets include payments focused Paytm and other unicorns


11 March 2022
RBI Bars Paytm Payments Bank From Onboarding New Customers, Orders IT Audit

RBI Bars Paytm Payments Bank From Onboarding New Customers, Orders IT Audit

The bank has also been directed to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system, the RBI said in a release


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09 March 2022
Paytm Payments Bank May Approach RBI For Small Finance Bank Licence

Paytm Payments Bank May Approach RBI For Small Finance Bank Licence

Paytm Payments Bank will be eligible to apply for a small finance bank license by May-June


07 February 2022
Paytm Shares Recover Lost Ground; Settle At Rs 957.40

Paytm Shares Recover Lost Ground; Settle At Rs 957.40

In early trade, it had tumbled over 7 per cent after the company reported a widening of consolidated loss to Rs 778.5 crore in the December 2021 quarter.


07 February 2022
Paytm Slumps After Loss Widens In December Quarter

Paytm Slumps After Loss Widens In December Quarter

The digital payments and financial services company had registered a loss of Rs 535.5 crore in the same period a year ago


05 February 2022
Paytm’s December Quarter Loss Widens To Rs 778 Crore

Paytm’s December Quarter Loss Widens To Rs 778 Crore

The consolidated revenue from operations of Paytm, however, increased by about 88 per cent to Rs 1,456.1 crore during the reported quarter


14 January 2022
Paytm Stocks Rebound For The First Time After Going Below Rs 1,000

Paytm Stocks Rebound For The First Time After Going Below Rs 1,000

Paytm stocks returned to green as they ended 8.4 per cent higher on Friday after witnessing a steady fall for a considerable period.


14 January 2022
Paytm's Canada App To Shut Down On March 14

Paytm's Canada App To Shut Down On March 14

The company extended to the Canadian market in 2014 and launched the app in 2017 for its Canadian customers. In 2019, the company had opened an office in...


13 January 2022
Paytm Payments Bank Biggest UPI Beneficiary; SBI Biggest Remitter In December

Paytm Payments Bank Biggest UPI Beneficiary; SBI Biggest Remitter In December

Paytm Payments Bank Ltd (PPBL) claimed to have become the first beneficiary bank in the country to achieve the landmark of over 926 million UPI transactions in...


12 January 2022
Payments growing more than 50% yearly: Paytm Founder Vijay Sekhar Sharma

Payments growing more than 50% yearly: Paytm Founder Vijay Sekhar Sharma

Paytm founder says the company makes a profit in financial services, driven by credit and payment services.


11 January 2022
Nearly 80% Of Paytm Money Investors Are Millennials Finds Report

Nearly 80% Of Paytm Money Investors Are Millennials Finds Report

More millennials are turning investors, shows the Paytm Money report. High-risk products, as well as exchange-traded funds (ETFs), favourites among them


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