Tue, Jul 16, 2024
One 97 Communications has got an 'administrative warning letter' from Sebi over related party transactions it had entered into with Paytm Payments Banks in FY22 without due approval of either audit committee or the shareholders.
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Thu, Jul 11, 2024
The representative of the management of PayTM appeared before the Commissioner on Wednesday and agreed not to recover the joining bonus and to pay the notice period payment to the employee. The employee accepted the exit offer made by PayTM in the presence of the Regional Labour Commissioner (Central), Bengaluru.
Sun, Jun 16, 2024
If finalised, this acquisition would be Zomato's second-largest purchase, following its acquisition of quick commerce platform Blinkit in 2021, which was an all-stock deal worth Rs 4,447 crore.
Wed, Nov 16, 2022
Softbank is the second largest shareholder with a 17.5 per cent stake in the company. With this transaction, the overall holding of Softbank in Paytm is likely to come down to 13 per cent.
Tue, Nov 15, 2022
Paytm share price: About 86 percent of Paytm's shareholding, or about 55.6 crore shares, were to be released from the anchor lock-in IPO period.
Paytm while releasing its Q2 results said that merchant subscriptions is an attractive profit pool, driving higher payment volumes, subscription revenues as well as merchant loan distribution.
Mon, Nov 14, 2022
Sharma in his letter, which also shared Paytm’s performance matrix for the month of October, said that the company is scaling up its lending business which has huge demand in the country.
Wed, Oct 05, 2022
While Goldman Sachs in its report said that Paytm is well-positioned given its industry-leading scale and engagement. In the last few quarters, Paytm has been able to rapidly increase cross-sell on its platform, resulting in improving profitability.
Mon, Oct 03, 2022
Paytm share price jumped over four per cent in a weak market on the BSE on Monday.
Mon, Sep 05, 2022
Shares of Paytm dropped over six per cent in the early trade on Monday amid ED raids on e-wallet firms in connection with Chinese loan apps.
Mon, Aug 22, 2022
Paytm`s parent One97 Communications Ltd, backed by China`s Alibaba Group Holding and its affiliate Ant Group, posted a loss of 6.44 billion rupees ($80.83 million) for the June quarter earlier this month.
Fri, Aug 12, 2022
Institutional Investor Advisory Services has said it opposes the reappointment of Vijay Shekhar Sharma as CEO and managing director at the annual general meeting next week.
Mon, Aug 08, 2022
Shares of One97 Communications that operates the brand Paytm jumped around six per cent in Monday's intraday trade after the digital financial services provider reported 89% year-on-year (YoY) revenue growth to Rs 1,680 crore in the quarter ended June 2022.
Sat, Aug 06, 2022
Paytm consolidated loss widened to Rs 644.4 crore in the quarter ended June 2022 against a net loss of Rs 380.2 crore a year ago
Thu, Aug 04, 2022
Several brokerages believe the company will report improved numbers in the June quarter of the financial year 2022-23.
Wed, Aug 03, 2022
Global brokerage Goldman Sachs believes Paytm’s operating performance has consistently remained strong and forecasting a third consecutive quarter of around 90 per cent YoY revenue growth in Q1.
Wed, Jun 29, 2022
After the recent recovery in stock price, shares of One 97 Communications (Paytm) can surge up to 40% in the near term, as per the expert.
Wed, Apr 06, 2022
Shares of Paytm jumped 6% on Wednesday after One 97 Communications Ltd, the parent company, announced operating performance of the Company for 4th Quarter of Fiscal 2022.
Wed, Mar 23, 2022
One 97 Communications Ltd, Paytm's parent firm, on Tuesday said that the company has been complying with the regulation of the Securities Exchange Board of India (SEBI) and there is no information to share related to the price movement of Paytm, Paytm said in a BSE filing on Tuesday.
Thu, Mar 17, 2022
Macquarie Capital Securities (India) Pvt has slashed Paytm share target price further from Rs 700 per share to Rs 450 a share
Wed, Mar 16, 2022
Brokerage house ICICI Securities has maintained buy rating on Paytm and IndusInd Bank despite massive correction in the two stocks.
Tue, Mar 15, 2022
Paytm shares continued its southward journey even on Tuesday as the shares tanked more than 9% after reports surfaced claiming data leaks to Chinese firms and regulatory action by the Reserve Bank of India (RBI) against Paytm Payments Bank.
Mon, Mar 14, 2022
Shares of Paytm fell nearly 15% to a new 52-week low of Rs 672.10 a share on the BSE in Monday's intraday trade.
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