Paytm's health care plan offers merchant partners benefits such as unlimited doctor 'teleconsultation' and in-person doctor visits
Paytm, PVRInox, Bandhan Bank, Syrma SGS Technology and Alkyl Amines: Trading strategies for stocks that ended as losers in the first-half of 2024.
From July 1, 2024, RBI new regulation requires all credit card payments to be processed through the Bharat Bill Payment System (BBPS)
Payment gateway and digital wallet service provider Paytm has decided to not re-apply for an NBFC licence and stop experiments in Payment Aggregator Cross-Border (PA-CB)
Stock market Highlights today, June 18: The m-cap of all BSE listed companies settled at Rs 423 trillion or $5.24 trillion
Paytm news: Neeraj Arora has quit the board of One97 Communications citing pre-occupation and personal commitments
On the previous day, US markets settled higher, with Nasdaq and S&P 500 reaching record highs
Although neither Zomato nor Paytm disclosed the valuation of the transaction, the potential deal is estimated to be in the range of Rs 1,600 crore to Rs 2,000 crore
Once finalised, this will be the food delivery major's second biggest purchase since acquiring Blinkit in 2022 for $569 million in an all-stock deal
The discussions between Paytm, officially known as One97 Communications Ltd., and online food delivery firm Zomato are in advanced stages
Consumer electronics brand Samsung has partnered with Paytm parent One97 Communications Ltd to integrate travel and entertainment services to Samsung Wallet in India. Through the partnership, users of Samsung Galaxy smartphones can access Paytm's suite of services, including flight and bus bookings, movie ticket purchases, and event bookings, through the digital wallet. Galaxy users using the Paytm and Paytm Insider app can add their tickets directly to Samsung Wallet using 'Add to Samsung Wallet' functionality, a company statement said on Thursday. "With the Paytm app being the go-to destination for travel and event bookings for millions of Indians, its partnership with Samsung opens new avenues for users to access its services, in line with its efforts to drive further convenience," it said. Samsung Wallet users can avail of the new services by updating their app through the Galaxy Store. "These features allow Galaxy smartphone users to easily purchase bus and airline tickets, a
With the integration, Samsung brings Paytm's suite of services such as flights and bus bookings, movie ticket purchases, and event bookings within its Wallet app for Galaxy smartphones
Shares of Paytm's parent company One 97 Communications rallied 8.9 per cent at Rs 438.95 per share on the BSE in Thursday's intraday deals
Fintech firm One97 Communications, owner of the Paytm brand, will now focus on the distribution of insurance products of other insurers after the sector regulator Irdai has accepted Paytm General Insurance's registration withdrawal application. Paytm General Insurance Limited had approached the Insurance Regulatory and Development Authority of India (Irdai) for the withdrawal of its application for registration as a "General Insurance Company" for being a manufacturer of general insurance products. "We have been further informed by PGIL that its request for withdrawal of aforesaid application has been accepted by IRDAI vide letter dated June 12, 2024. "As mentioned in our previous communication, the move aligns with our focus towards doubling down on insurance distribution across Health, Life, Motor, Shop & Gadgets segments, facilitated through our wholly-owned subsidiary Paytm Insurance Broking Private Ltd(PIBL)," Paytm said. Paytm said that it aims to innovate on small ticket ...
New-age stocks such as PolicyBazaar, Nykaa and Delhivery too may be included in the F&O segment as Sebi proposes key changes in stock selection.
Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement. Paytm's sales employee headcount in March 2024 quarter dropped by about 3,500 to 36,521 personnel on a quarter-on-quarter basis, mainly due the impact of the Reserve Bank of India's ban on services of Paytm Payments Bank. "One97 Communications Limited (OCL) is providing outplacement support to employees which have resigned as a part of the restructuring efforts by the company. "The company's human resource teams are actively collaborating with over 30 companies that are currently hiring, and providing assistance to employees who have opted to share their information, facilitating their immediate outplacement," the company said on Monday. Paytm, however, did not not disclose the number of employees impacted by the restructuring. "Paytm is also disbursing bonuses
To encourage wider adoption of UPI Lite, the RBI today proposed to bring it under the e-mandate framework.
The firm seems to be returning to the drawing board, revisiting its business strategy, including its partnership with lenders
Paytm accounted for 8.1% of total UPI transactions in May, down from 13% in January, according to data released by the National Payments Corporation of India
News report said coal-to-airports conglomerate is buying a stake in the digital payments firm