Page 6 - One97 Communications

Paytm partners PhonePe's parent firm Flipkart for Big Billion Days sale

Digital financial services firm One97 Communications, which owns the Paytm brand, on Thursday announced a collaboration with e-commerce firm Flipkart for its annual festive season sale 'The Big Billion Days' as payments partner. Flipkart, which owns majority stake in Paytm's competitor PhonePe, will host its annual festive season sale between September 23 - 30, 2022. "With this partnership, Paytm is offering exciting cashbacks on payments made through Paytm UPI and Paytm Wallet," Paytm said in a statement. Paytm will offer assured cashback of 10 per cent on all transactions, the Noida-based firm said. "Our association with Flipkart as a payments partner for The Big Billion Days will provide a secure payments experience to millions of shoppers in small cities and towns of India," a Paytm spokesperson said.

Paytm shares drop over 6% after ED raid; Blue Jet Healthcare files for IPO

Its stock dropped to an intraday low of Rs 681.2 before closing at Rs 708.6, down 2.6 per cent over its previous day's close

Paytm shareholders reaffirm faith in Vijay Shekhar Sharma's leadership

Paytm held its 22nd annual general meeting (AGM), the first such meeting after it became a listed company in 2021

Stocks to Watch: Bharti Airtel, Nykaa, Paytm, BPCL, SBI, Titan, Adani Ports

Stocks to watch today: Bharti Airtel and Adani Ports will report their June quarter results (Q1FY23); Titan saw 13-fold jump in net profit to Rs 790 crore in Q1FY23.

Paytm Q1 net loss widens to Rs 644 cr; revenue up 89% to Rs 1,680 cr

Its contribution profit, which excludes taxes and marketing expenses but includes promotional incentives, grew over three-fold to Rs 726 cr in June 2022 quarter from Rs 245 cr in year ago period

Paytm will make operating profits by Sept 2023: Vijay Shekhar Sharma

Paytm's Vijay Shekhar Sharma says company is seeing excellent momentum and is on track to achieve operating profitability

FPIs, mutual funds marginally increase stake in Paytm in Apr-June qtr

Foreign portfolio investors and mutual funds have marginally increased stake in Paytm's parent company One97 Communications

Institutional shareholders vote against logistics firm Delhivery's ESOP

Majority say no to the plan; new-age companies have faced similar hurdles

Paytm hits over three-month high; stock surges 36% in two months

Despite its sharp run-up in the past two months, Paytm has underperformed the market by falling 34 per cent in the last six months as against a 12 per cent decline on the Sensex

Paytm forms general insurance JV; to invest Rs 950 cr in 10 years

The proposal to set up joint venture firm Paytm General Insurance Limited (PGIL) was approved by the board on May 20, the company said in a regulatory filing.

Paytm parent's quarterly loss widens to Rs 763 crore amid higher expenses

One97 Communication, the parent company of Paytm reported a loss of Rs. 780 in March quarter

Paytm not to acquire Raheja QBE; to apply for new general insurance licence

The agreement was terminated by Paytm Insuretech as the share sale and purchase transaction was not consummated within the time period envisaged by the parties under the agreement

Paytm hits all-time low; tanks 62% thus far in 2022 on FPI selling

Foreign portfolio investors' (FPIs) holding in Paytm has declined by 4.94 percentage points to 4.42 per cent in March 2022 quarter.

Is Paytm ready for a short-term reversal? Here's what technical charts say

Shares of Paytm are expected to jump up to 20 per cent after overcoming the resistance at the 50-DMA.

Paytm shares jump nearly 5% after business update

Shares of Paytm declined significantly in recent times due to volatile market conditions for high growth stocks, the company's founder and CEO Vijay Shekhar Sharma said on Wednesday

'Will get stock grants only when m-cap crosses IPO level,' says Paytm CEO

Paytm shares declined due to volatile market conditions, says Vijay Shekhar Sharma

Anuj Mittal appointed as Paytm's VP-Investor Relations, will report to CFO

Anuj Mittal is expected to drive the paytm's corporate-investor relations, acting as a liaison between the management and investors

Paytm shares extend slide, shed 24% in two sessions and 72% from IPO price

Stock slips 12.3% on Tuesday to end at a new low of Rs 592, as RBI ban on Paytm Payments Bank from onboarding new customers last Friday weighs

Paytm's Madhur Deora gets additional role as CFO of One97 Communications

Paytm has elevated Madhur Deora to take on the additional responsibility as the CFO of One97 Communications Limited. Currently, Deora holds the role of the company's Group President and CFO.

New-age stocks: Drop in trading volumes may be the first sign of bottoming

Fear of withdrawal of easy money and lack of profits will likely weigh on these counters in the near-term