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The Latest Breaking News from One97 Communications

Bonus issue alert! Paytm to consider first-ever bonus issue along with Q1 results on July 20

Paytm parent One97 Communications will consider its first-ever bonus share issue alongside its June-quarter results on July 20. The proposal comes after the company reported its first full-year profit in FY26 and amid rising domestic institutional ownership, with mutual funds and insurers increasing their stakes in the fintech major.

The Economic Times

Just 2% return! Will SBI Funds Management break the curse of India's poor billion-dollar IPO record?

India's large IPOs have shown mixed investor returns, with many billion-dollar offerings underperforming. SBI Funds Management's IPO will now test this trend with its strong financials. Analysis shows eight of thirteen large IPOs are trading above their issue prices. However, several major offerings like New India Assurance have seen significant…

The Economic Times

Paytm rules out NBFC licence plans

Paytm, the fintech major, has decided against seeking a Non-Banking Financial Company license. The company prefers a partnership model for lending operations. This comes after Paytm Payments Bank's license was cancelled by the RBI. Paytm reported a consolidated profit of Rs 183 crore in its fourth quarter, a significant turnaround…

The Economic Times

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Paytm Q3 consolidated loss narrows to Rs 392 crore

NEW DELHI: Digital financial services firm One97 Communications on Friday said it has narrowed its consolidated net loss to Rs 392 crore in the third quarter ended December 2022.

The Times of India

Paytm to buy back shares worth Rs 850 crore at Rs 810 apiece

NEW DELHI: Digital financial services firm One97 Communications, which operates under the Paytm brand, on Tuesday announced a share buyback scheme worth Rs 850 crore at Rs 810 apiece.

The Times of India

Paytm annualised run rate of loan disbursals touches Rs 34,000 crore in September

NEW DELHI: Digital financial services firm One97 Communications, which operates under the Paytm brand name, on Monday posted around 17 per cent increase in annualised run rate of loan disbursals to around Rs 34,000 crore in September.

The Times of India

Paytm shares surge after reappointment of Vijay Shekhar Sharma as MD

NEW DELHI: Shares of One97 Communications, which operates under the Paytm brand, surged on Monday after the company said that it approved the re-appointment of Vijay Shekhar Sharma as managing director and chief executive officer of the company.

The Times of India

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Paytm founder gets nearly 100% votes to remain MD

MUMBAI: Around 99.7% of the shareholders of Paytm's parent, One97 Communications, have voted in favour of a resolution to reappoint Vijay Shekhar Sharma as MD CEO of the company and approved his remuneration.

The Times of India

Paytm Q1 net loss widens to Rs 644.4 crore

NEW DELHI: Digital financial services firm One97 Communications, which operates under the Paytm brand, on Friday said its consolidated loss widened to Rs 644.4 crore in the first quarter ended June 30.

The Times of India

Vijay Shekhar Sharma buys 1.7 lakh shares of Paytm worth Rs 11 crore

NEW DELHI: Digital financial services firm One97 Communications' Managing Director Vijay Shekhar Sharma has purchased 1.7 lakh shares of the company worth Rs 11 crore, according to a regulatory filing.

The Times of India

Paytm Q4 loss widens to Rs 761 crore, average monthly transacting users (MTU) grow 41% Y-o-Y

NEW DELHI: Digital financial services firm One97 Communications, which operates under the Paytm brand, on Friday reported widening of its consolidated loss to Rs 761.4 crore for the quarter ended March 2022 on account of rise in payment processing charges and employees benefit expenses.

The Times of India

Softbank representative Munish Varma resigns from Paytm, PB Fintech boards

NEW DELHI: Softbank managing partner Munish Ravinder Varma has resigned from the board of the digital financial services company One97 Communications, which operates under the Paytm brand, and PB Fintech, according to regulatory filings by both companies on Tuesday.

The Times of India

RBI letter to Paytm Bank does not talk about data access, says Vijay Shekhar

NEW DELHI: The Reserve Bank of India (RBI) in its letter to Paytm Payments Bank has not mentioned anything about data access but has asked the company to carry out an audit from a third party, a top official of the company said on Monday.

The Times of India

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