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The Latest Breaking News from Paytm

From fast food to autos, India's digitally connected users lure investors

Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees ($364) a month buying necessities like groceries, clothes and gadgets, all by tapping a few buttons on his mobile phone.

Reuters

Asian startups can learn from IPO flops

Almost every startup, if not all, dreams of growing bigger and getting listed on the stock exchange one day.

Bangkok Post

Weekly Must-Read: China’s Hunt for Strategic New Energy Minerals

Pursuit of key minerals intensifies as U.S., Canada and Australia restrict Chinese access to “strategic” materials

Caixin Global

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read the most diverse news in one place.

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 says loan disbursal jumps 4-fold in December 2022

NEW DELHI: Paytm, India's digital payments and financial services company, saw a four-fold jump in loan disbursals in December 2022, and the average monthly transacting number of users soared.

The Times of India

Sensex, Nifty end 2022 with over 4% gains: How markets outperformed global peers

NEW DELHI: When the year began, investors were looking forward to a rally similar to the past 2 years where the bulls were in charge. However, 1 month into 2022 and bears took over as markets reeled under uncertainties brought in by the Russia-Ukraine war.

The Times of India

Adani effect propels India stocks past most world markets in 2022

NEW DELHI: India is set to rank among this year’s best-performing major stock markets globally, overcoming concerns about higher interest rates and an economic slowdown that has mired peers.

The Times of India

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Online ticket sales for 1st India-Sri Lanka T20I starts

MUMBAI: The online sale of tickets for the opening T20I between India and Sri Lanka at the Wankhede Stadium on January 3 began on Friday. The tickets are priced at Rs 7,00 onwards, and are available on the paytm insider website.

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 board to consider share buyback on December 13

NEW DELHI: Digital financial services firm Paytm on Thursday said its board will meet on December 13 to consider a proposal for share buyback keeping in mind the company's liquidity position which may be beneficial for its shareholders.

The Times of India

Allahabad HC bundle-lifter uses QR code to collect 'bakhshish', suspended

PRAYAGRAJ: A 'court jamadar', who shifted to online mode to collect his tips from lawyers, was suspended by the Allahabad high court on Thursday. A viral image purportedly showing a QR code of Paytm stuck on bundle-lifter Rajendra Kumar's waist was going viral for the past few days. In the…

The Times of India

RBI pauses onboarding of online merchants by Paytm payments services

NEW DELHI: Banking regulator RBI has put a pause on onboarding of online merchants by Paytm Payments Services, even as the company said it will have no material impact on its business, according to a regulatory filing.

The Times of India

Paytm slumps as Macquarie sees risk from Mukesh Ambani's financial foray

Shares of One 97 Communications, the parent of India’s leading digital payments brand Paytm, plunged to a record low on Tuesday after Macquarie Group analysts flagged risks from billionaire Mukesh Ambani’s foray into the financial services business.

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

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The Hindu

No irregularities in sale of tickets for cricket match: Azhar

‘PayTM was given the responsibility of selling tickets’

The Hindu

'PayCM' posters with CM Bommai's face surface in Bengaluru

Resembling the design of e-wallet, Paytm, the posters figured Mr. Bommai's face in the middle of the QR code with the message "40% accepted here"

The Hindu

Andhra Pradesh: Aiming to sell 30% of aqua produce within the State, increase per capita consumption under Fish Andhra scheme, says Minister

Paytm to provide payment support to 100 aqua hubs and 2,000 retail outlets

The Hindu

Paytm says no links with traders in loan app case

Funds don’t belong to us, the company says

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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

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 CEO Vijay Shekhar Sharma faces biggest test since IPO dud

NEW DELHI: The billionaire founder of Paytm faces a crucial test of investor confidence on Friday, when shareholders will decide whether they want him at the helm of a fintech pioneer that made one of the worst debuts in history.

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

BCCI likely to give sponsors time till October to pay up

MUMBAI: The BCCI is likely to give Indian cricket team’s jersey sponsor Byju’s, who allegedly owes Rs 86.21 crore as dues to the Board, time till the “first half of October,” failing which its bank guarantee will be encashed, TOI has learnt.

The Times of India

News of Byju's 'payment pending' is incorrect, says BCCI, laments ‘deliberate leak’

MUMBAI: The cricket industry went into a tizzy on Friday morning, questioning the ‘work ethics’ of certain unidentified individuals in the ecosystem who chose to selectively point out to the media that BCCI’s official jersey sponsor Byju’s owes the cricket board a pending amount of Rs 86.21 crore.

The Times of India

Byju’s ‘pending payment’ with BCCI is incorrect, says the cricket Board; laments ‘deliberate leak’

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