Page 33 - Paytm

Upbeat global mood, IT stocks lift Sensex 847 pts up, Nifty ends at 18,101

CLOSING BELL: Broader markets also gained in tandem with the frontline indices. The BSE Midcap and Smallcap indices closed 0.9 per cent and 0.5 per cent up, respectively

Paytm reports Rs 3.46 trn in GMV for Q3 FY23, a robust 38% growth

In its stock exchange filing, Paytm said that the aSuper App' continues to see growing consumer engagement for its wide array of payment and financial services

Stocks to Watch: TCS, Paytm, PTC, Lodha, Heritage Foods, Electronics Mart

Stocks to Watch: TCS and other IT stocks in focus, as the Tata Group IT major will be reporting its Q3 earnings on Monday.

Paytm Payments Bank appoints Surinder Chawla as MD, CEO post RBI nod

Paytm Payments Bank has received banking regulator RBI's nod to appoint Surinder Chawla as its Managing Director and CEO, the company said in a statement on Sunday. The RBI, however, continues to bar Paytm Payments Bank from on-boarding new customers. "Paytm Payments Bank Limited (PPBL) has appointed veteran banker Mr. Surinder Chawla as its new Managing Director (MD) and Chief Executive Officer (CEO). The appointment has been approved by the Reserve Bank of India for a period of three years," the statement said. Before joining PPBL, Chawla was working with RBL Bank, where he served as Head - Branch Banking and focused on expanding the CASA base, fee revenue, and cross-selling across channels. "I am pleased to welcome Surinder to Paytm Payments Bank to drive our unwavering commitment to deepening financial inclusion and offering an exceptional mobile-first banking experience in India," PPBL Chairman Vijay Shekhar Sharma said.

India's fallen tech darlings value buys for Franklin after $20 bn wipeout

Funds managed by Franklin Templeton bought at least 3.3 million shares of e-commerce logistics provider Delhivery Ltd. and more than 2 million shares of PB Fintech Ltd

Sensex, Nifty set to gain for seventh straight year; smallcaps underperform

The underperformance of the small-caps, according to analysts, was mostly due to rising raw material prices and the hike in rates by central banks, which in turn impacted their financial performance

Groundwork laid, here are the tech developments we will see in 2023

From common charging port to Right to Repair, the focus would be on consumer convenience

71% IPOs of 2022 at premium; will retail investor euphoria sustain in 2023?

Adani Wilmar, Venus Pipes & Tubes, Hariom Pipe Industries and Veranda Learning Solutions are the top multi-bagger debutants that delivered 109-135 per cent returns in 2022

Stocks to Watch: Sula Vineyards, RIL, Spandana, Speciality Restaurants

Stocks to Watch Today: Shares of Sula Vineyards likely to list on a tepid note on Thursday.

UPI should continue to be free in India: Paytm's Sharma at BS BFSI summit

Business Standard BFSI Insights Summit: Shekhar said it was earlier easy to raise money based on the company's forecast, but now it can only be done when the company 'exhibits that it can make money'

Zero MDR a force-multiplier of economic growth: Paytm chief at BFSI summit

We will be known as (the) consumer technology builder of the world,' said Sharma at the Business Standard BFSI Insight Summit in Mumbai on Wednesday

BS BFSI Insight Summit 2022: Fireside chat with Paytm CEO Vijay Sharma

Sharma founded One97 Communications in 2000 and subsequently Paytm a decade later in 2010. In November 2021, Paytm went public, raising $2.5 billion at a valuation of $19 billion

Surprise corporate actions by Indian tech darlings spur investor scrutiny

Nykaa and Paytm are among a flurry of hot startups that came to the Indian market with much fanfare

TMS Ep325: Paytm Share Buyback, Fertiliser Prices, Markets, Nuclear Fusion

Will the share buyback revive Paytm's fortunes? Will rising fertiliser prices hamper India's inflation battle? Is the worst over for the cement sector? Why is nuclear fusion in the news? Answers here

Will the share buyback revive Paytm's fortunes?

The board of One 97 Communications Ltd has approved a share buyback proposal. It came less than 13 months after Paytm's disastrous listing. How will the buyback affect Paytm's fortunes and investors?

Investors disappointed as 'open market' share buybacks lack punch

Actual acquisition cost 20% below max buyback price under open market route

Rs 850-crore buyback at premium to support Paytm stk in near-term: JPMorgan

The number of shares bought back will be 10.5 million at the maximum buyback price of Rs 810, representing 1.6 per cent of the paid-up share capital

Sensex gains 145 pts ahead of US Fed outcome; YES Bank slumps 8%, Paytm 2%

CLOSING BELL: The broader markets, on the other hand, outperformed the benchmark indices as the BSE MidCap and SmallCap indices advanced 0.59 per cent and 0.68 per cent, respectively

Paytm, Nykaa: Will 2022's bloodbath in new-age stocks continue in 2023?

Paytm, Policybazaar, Zomato, and Nykaa have been the worst hit, falling between 50.5 per cent and 60 per cent thus far in 2022

Top Headlines: Tax levy on SUVs, tighter service norms for telcos, and more

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