Mon, Apr 22, 2024
Paytm founder and CEO Vijay Shekhar Sharma said that the advanced soundboxes offer better sound quality and battery life, making them better suited to Indian conditions.
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Wed, Apr 10, 2024
Paytm's market share continues to decline, how much did its share decrease in March? Why is the market share continuously falling? See complete details in this video
The plan, which was a major campaign promise by Srettha's Pheu Thai party ahead of last year's general election, had been previously criticised by economists for being an ineffective way to contribute to sustainable economic growth compared to other measures.
Fri, Feb 16, 2024
In a post on X, IHMCL said for hassle-free travel, buy your FASTag from 32 authorised banks.
Thu, Feb 15, 2024
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty and Sensex extended gains to the fourth session in a row on Friday, February 16, tracking gains across global markets. Catch all the highlights of the February 16 session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog.
Mutual Funds in January: In the midcap basket, stocks such as Samvardhana Motherson, Paytm, and Voltas were among the top buys during the review period, while stocks that witnessed selling include Tata Communications and SJVN, among others.
Some documents have been recently submitted by Paytm executives following which they were asked certain questions. Some more information has been sought, the sources said.
Paytm share price: The company and its associates have continued to provide such information, documents, and explanations to the authorities as is required by them,” said the company’s filing with the BSE.
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex finished a volatile session about one-third of a percentage point higher on Thursday, February 15. Catch minute-by-minute updates of the session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog.
Wed, Feb 14, 2024
Paytm shares experience significant decline, dropping 9% on Feb 14, trading below Rs 350 as regulatory issues persist at parent company One97 Communications. The stock, currently at Rs 346.75, marks a 52-week low, down 65.5% from its peak in Oct 2023.
Paytm share price: The stock’s steep decline of around 55 per cent comes in the aftermath of the RBI imposing restrictions on the company’s subsidiary, Paytm Payments Bank.
Tue, Feb 13, 2024
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex managed to finish a volatile session—which began with a gap-down opening after a worse-than-expected US inflation reading sent Wall Street indices tumbling—fairly higher on Wednesday, February 14. Catch minute-by-minute updates of the session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog.
Huge decline in Paytm - Macquarie's report on Paytm - Rating from neutral to underperform, know the complete details in this video.
RBI Governor strict on Paytm Payments Bank... Macquarie reduced the target to ₹ 275... What statement did the RBI Governor give on Paytm? What should investors do if they have Paytm shares? Avoid fresh purchases in Paytm? Know Anil Singhvi's opinion on Paytm after RBI Governor's statement...
The brokerage downgraded the stock after Reserve Bank of India (RBI) Governor Shaktikanta Das ruled out any review of the central bank's action against Paytm Payments Bank Ltd (PPBL), saying that its decisions are well thought out.
Mon, Feb 12, 2024
Manju Agarwal resigned from the board of Paytm Payments Bank on February 1 due to personal commitments, the company said in an exchange filing.
Fri, Feb 09, 2024
Former President of the Institute of Chartered Accountants of India (ICAI) M M Chitale and former Chairman and Managing Director of Andhra Bank R Ramachandran are part of the panel chaired by Damodaran.
Shares of One97 Communications Ltd, which owns the Paytm brand, tanked over 15 per cent in two days as investors again turned to dump the stock.
Elevation Capital is the largest shareholder in Paytm E-commerce. It is also backed by Paytm Founder and CEO Vijay Shekhar Sharma, Softbank and eBay.
Thu, Feb 08, 2024
Reserve Bank Governor Shaktikanta Das on Thursday said there are no systemic worries and the action on Paytm was driven by a "lack of compliance" at Paytm.
Wed, Feb 07, 2024
Amid concerns over non-compliance, Reserve Bank of India (RBI) has taken various measures against PPBL wherein it will not be allowed to offer any services concerning deposits, prepaid instruments and e-wallet after February 29. The entity has also been directed to stop onboarding new customers.
Paytm's stock surged over 9% on January 7, rebounding from a significant decline post RBI's restrictions on its payments bank unit. The company, led by Vijay Shekhar Sharma, faced a crisis as brokerages slashed ratings and target prices. Amid concerns of a possible probe by the Enforcement Directorate (ED), Paytm denied any wrongdoing.
Stressing that the bank would have been conversing with the fintech even otherwise given its partnership in the acceptance and aggregator space, HDFC Bank's country head for payments Parag Rao said it is in a "wait and watch" mode.
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