Thu, Nov 30, 2023
The stock closed up 2.5 per cent at 116 rupees, nearly on par with the listing price during its market debut.
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Wed, Nov 29, 2023
Vijay Shekhar Sharma, the founder of Paytm, on Tuesday talked about the company's future endeavours, emphasizing its commitment to India while revealing plans for international expansion and a significant integration of artificial intelligence (AI).
Paytm founder Vijay Shekhar Sharma has unveiled the company's ambitious plans for international expansion and AI integration. In an exclusive interview with ANI, Sharma emphasised Paytm's commitment to India while also revealing plans to take the company's innovative financial services platform to the global market. Sharma also highlighted the importance of artificial intelligence (AI) in driving Paytm's future growth, stating that the company aims to become an AI technology leader within the financial services sector.
Sat, Nov 25, 2023
The company had acquired 2.6 per cent stake in Paytm for Rs 1,279.7 per share at an aggregate value of Rs 2,179 crore, as per an official document.
Fri, Nov 24, 2023
Shares of One 97 Communications, the parent company of Paytm, tumbled nearly 5% on Friday, November 24, reaching a five-month low of Rs 880 per share on the BSE. The decline came after a block deal involving 1.57 crore shares, equivalent to 2.5% of the company's equity. The identity of the buyers and sellers in the block deal remains undisclosed.
At around 10:01 a.m., shares of Paytm traded 2.78 per cent or Rs 25.65, lower on the BSE at Rs 897.15 apiece. The market capitalisation stood at Rs 56,938.55 crore at around the same time.
Mon, Oct 23, 2023
Paytm share price target: CLSA has maintained a 'buy' on Paytm and has raised the target price to Rs 1,200 from Rs 1,050, translating to an upside of over 20 per cent from Friday's close.
Fri, Oct 20, 2023
Paytm Q2 Results: In Q2FY24, the company's revenue surged by 32% YoY to Rs 2,519 crore, and its EBITDA before ESOP cost has improved to Rs 153 crore as compared to Rs 84 crore in Q1FY24 (excluding UPI incentives).
Mon, Oct 09, 2023
Paytm news: One97 Communications announced that its wholly-owned subsidiary Paytm Payments Services Limited, has become the first in the industry to enable merchants with alternate ID-based Guest Checkout solution across networks.
Mon, Sep 25, 2023
Good news for Paytm, approval of PaymentServiceProvider license from Home Ministry is possible: News quoting sources, approval will be given if Ant Netherlands' share comes below 10%. With new shareholding, Paytm applied to Home Ministry. Good news for Paytm. Approval of PaymentServiceProvider license possible from Home Ministry: News quoting sources. Approval will be given if Ant Netherlands' share comes below 10%. Paytm applied to Home Ministry with new shareholding.
Wed, Sep 13, 2023
Speaking at the company's 23rd Annual General Meeting (AGM), Paytm founder and CEO Vijay Shekhar Sharma linked the company's growth to India's prowess.
Tue, Sep 05, 2023
The company recently launched a series of new Soundbox devices -- Paytm Music Soundbox, Paytm Pocket Soundbox, followed by yet another launch of Paytm Card Soundbox as of August.
Mon, Sep 04, 2023
A first-of-its-kind device, the Paytm Card Soundbox is set to revolutionise payments for small businesses by combining both mobile and card payment services on one platform.
Paytm share price: With this, the company empowers merchants to accept both mobile and card payments across all Visa, Mastercard, American Express and RuPay networks through its iconic Soundbox with ‘tap and pay’ that will help merchants scale their business, the company said in its press release.
Fri, Aug 25, 2023
China's Antfin would likely sell a 3.6 per cent stake in the digital payments company in a block deal worth an estimated Rs 2,007.07 crore on Friday, Zee Business reported earlier in the day.
Thu, Aug 24, 2023
Earlier this month, Antfin had sold a 10.3 per cent stake to Resilient, an overseas entity 100 per cent owned by Paytm founder Vijay Shekhar Sharma.
Paytm share price target 2023: The global research and broking firm Bernstein initiated an outperform rating on Paytm with a target price of Rs 1,100, an upside of 21 per cent from Wednesday's close of Rs 904.75 on NSE.
Tue, Aug 22, 2023
Paytm Founder and CEO Vijay Shekhar Sharma wrote, in a letter to shareholders, that the company is investing in Artificial Intelligence (AI) with an eye on building an Artificial General Intelligence software stack. “We believe by building it in India we are not only making our country’s tech capability, also creating something that could be leveraged outside India,” he added.
Mon, Aug 21, 2023
One97 Communications Limited, which owns the brand Paytm, India's leading payments and financial services company and the pioneer of QR and mobile payments, on Monday filed its annual report for 2022-23 with the exchanges.
While digital wallets provide enhanced security features, they still could be affected by hacking and cyberattacks. It’s always advisable to use the digital wallet of a reputed organisation to reduce the risk of your personal payment information getting compromised.
Thu, Aug 10, 2023
Paytm, the Indian digital payment giant, has taken a step in reshaping its ownership structure with the company announcing that Antfin (Netherlands) has reduced significant shareholding in it.
Tue, Aug 08, 2023
This transition follows a strategic alignment of auditors at the holding company level to enhance synergy and consistency in the group's audit process. PwC's departure coincides with the release of Paytm's impressive financial results for the June quarter, showcasing notable revenue growth and reduced losses.
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