Page 10 - Paytm

Paytm gets NPCI nod to onboard new UPI users months after RBI restrictions

The approval may lead to an increase in company's UPI transaction volumes

Confident Paytm will solve 'concentration risk' in UPI ecosystem: CEO

One97 Communications announces consolidated profit of Rs 928.3 crore in Q2

Paytm share price slips 5% post Q2FY25 results; Check details

Paytm reported an exceptional item gain of Rs 1,345.4 crore from the sale of its ticketing business to Zomato during the quarter

Paytm Q2FY25 result: Consolidated net profit at Rs 930 cr; revenue down 34%

Paytm Q2 results: The company's net profit was boosted by a one-time gain of Rs 1,345 crore from the sale of its movie ticketing business to Zomato

Hyundai's Rs 27,870 cr IPO highlights how mega listings affect markets

Experts attribute this phenom­enon to large IPOs absorbing market liquidity, subsequently weighing on the overall market performance

Why is Paytm's Vijay Shekhar Sharma being trolled over Ratan Tata tribute?

The Paytm CEO faced criticism for a specific remark on late Ratan Naval Tata, leading him to delete his post, a screenshot of which has since gone viral on X

Paytm set for a rebound as it recovers from regulatory disruption

NPCI data for June-Aug suggests that Paytm's UPI market share by value of transactions is steady

Indian startups including Ola, Paytm, others mourn demise of Ratan Tata

Tata, after taking a personal interest in Agarwal's journey, decided to invest in Ola in 2015, as per Bhavish, Tata was also the inspiration behind Ola Electric

Paytm Money launches BSE F&O trading to expand wealth management services

The platform will enable users to trade both NSE and BSE F&O contracts in one app.

Paytm plummets 8% after CTO's resignation; Deependra Singh to take over

Shares of One 97 Communications, parent of fintech major Paytm dropped as much as 4.69 per cent a piece on the NSE in Monday's intraday trade

Paytm focusing on consumer payments business: CEO Vijay Shekhar Sharma

Fintech firm Paytm's immediate priority is to invest in its consumer payments business in an effort to recover lost user base following regulatory actions by the RBI, a top company official said on Sunday. The RBI had restricted Paytm Payments Bank from accepting deposits or facilitating credit transactions in customer accounts, including prepaid instruments and wallets. In August, Paytm sold its ticketing business to foodtech company Zomato for Rs 2,048 crore to sharpen its focus on core operations payments and financial services distribution. "Payments remain our primary business, and the merchant side continues to be strong. However, we lost a significant consumer base due to regulatory constraints. Moving forward, we aim to reinvest in the consumer payments business area," Paytm CEO Vijay Shekhar Sharma said during an interactive session organised by the Calcutta Chapter of Young Indians, the youth wing of the Confederation of Indian Industry (CII). Consumer payments encompass

Paytm appoints DS Rathore as CTO, outgoing executive named 'AI Fellow'

The Noida-based company's outgoing CTO Manmeet Singh Dhody has been 'transitioned' to a new role as AI (artificial intelligence) fellow of the fintech major

Can live events become the next big growth driver for Swiggy, Zomato?

Swiggy eyes expansion in India's booming Rs 10,400 crore live events market, while Zomato has also entered the live events market through its recent acquisition of Paytm Insider

Paytm shares rise 3% after Emkay upgrade to 'Add', doubles target price

The surge in the Paytm stock was fueled by domestic brokerage Emkay's upgrade to 'Add' from 'Reduce.'

NPCI considers easing UPI market share cap amid enforcement challenges

NPCI is considering increasing the allowable market share to to over 40% from the previously proposed 30% cap

Paytm to focus on core business; deliver profitability soon: CEO Sharma

Company has 'thoroughly examined' business processes, he says as impact of RBI strictures on payments bank continues

Paytm to reapply for RBI's payment aggregator licence post govt approval

The announcement comes shortly after PPSL, a subsidiary of Paytm, secured approval from the Ministry of Finance to invest further in its payment services business

Paytm surges 9%, hits over 7-month high on heavy volumes; up 34% in 1 month

In nine trading days since August 29, the market price of Paytm has rallied 28% after Paytm Payment Services received FDI approval. It will also resubmit its payment aggregator licence application.

Paytm surges 13% on heavy volumes; stock zooms 101% from May low

Paytm share price today: Paytm share has doubled, zooming 101 per cent, from its 52-week low of Rs 310, touched on May 9, 2024.

Paytm Payments gets govt nod; can now resubmit its PA application

The company said that, in the meantime, PPSL will continue to provide online payment aggregation services to existing partners.