Paytm CEO Vijay Shekhar Sharma was arrested by the Delhi Police for allegedly ramming into a senior police official's car in February and later was released on bail
While those at Goldman Sachs have upgraded the stock to buy with a target price of Rs 1,460, analysts at Macquarie maintain an underperform rating with a 12-month target price of Rs 700 on the counter
Sharma indicated that he would have bought more shares of Paytm if he could as it was trading cheaply
The BSE Sensex plunged over 1,600 points, while the NSE Nifty dropped below the 17,500-mark in a broad-based sell off.
Given the offer's aggressive pricing and the fact that One97 Communications, the parent company of Paytm, still remains a loss-making entity, most analysts had expected a sub-par listing
Paytm founder Vijay Shekhar Sharma and co-working space provider Innov8 CEO Ritesh Malik have invested in eight-month-old company Supersourcing
He added that companies need to look at India beyond as just a market, given the massive opportunity it presents
Noida-based firm, which had an astonishing rise after infamous demonetisation in 2016, is betting on financial services, commerce and payments as three key focus areas
The proposal pertaining to Sharma's remuneration was approved by members of One97 Communications Ltd at their Annual General Meeting on September 30, 2019
In conversation with Karan Choudhury, Sharma talks about how the WeWork IPO debacle shows that money is finite and results are extremely important
Sharma said the digital payments war is a huge opportunity and that India could produce the payment player which will go on to dominate the world
WhatsApp payment does not ask for log-in password, which is a huge security risk for consumers, said Vijay Shekhar Sharma
Interview with Paytm founder Vijay Shekhar Sharma
MNCs are not considering giving any leaves to their employees yet
Interview with Paytm founder Vijay Shekhar Sharma