Page 44 - Paytm

Paytm starts buy-now pay-later service for train ticket booking via IRCTC

Company's lending business scaled to 4.1 million loan disbursals in the first two months of the March quarter.

After 2021 boom, how 2022 could be a year of reckoning for Indian startups

After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations

'Paytm got customers by way of cashbacks, not by rendering services'

Puri said unlike a bank, which books revenues for offering its services and reports profit, Paytm has garnered its millions of customers by offering cashbacks

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

Post record Rs 1.1 trn FY22 IPO fundraise, next fiscal may set new record

54 companies plan to raise Rs 1.4 trillion in FY23 after 52 Indian corporates raised an all-time high Rs 1.11 trillion through initial public offers (IPOs) in FY22, Prime Database report said

Paytm no longer using short-term working capital facilities from banks

After Q3FY22 earnings, the company had said that it is well-funded with net cash, cash equivalent and investable balance of Rs 10,215 crore

Funds raised by Indian fintechs sees 296% jump in 2021 at $5.94 bn

Payments, according to the report, was the second-most popular category for US investors, as 167 companies received funding in 2021 in the APAC region.

This Warren Buffett-owned Indian stock has been a wealth destroyer

In September 2018, Buffet's investment arm - BH International Holdings - invested $300 million, or Rs 2,179 crore, for 2.6 per cent stake in PayTM, which had valued the start-up at $10 billion then.

Paytm hits new low despite clarifying that business is 'robust'

The stock hit a new low of Rs 536.20, fallen 5% from its intra-day high of Rs 562 on the BSE.

Paytm slips 32% in one month, hits new low; tanks 74% from issue price

Off late, the stock has been under pressure following RBI's ban on Paytm Payments Bank (PPBL) from onboarding new customers.

Macquarie Cap analyst further cuts Paytm target price, estimate at Rs 400

Paytm, the Indian digital payments startup whose stock has slumped 71% since its November market debut, had its price target reduced further by an Macquarie Capital Securities (India) Pvt. analyst

KYC challenge for financial institutions

Months after Paytm IPO shook investors' confidence, a recent audit shook RBI's trust in its implementation of 'know your customer' norms. But are all financial institutions adhering to these norms?

Softbank representative Munish Varma resigns from Paytm, PB Fintech boards

Softbank Vision Funds India Holdings (Cayman) holds a 17.47 per cent stake in Paytm

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

Softbank executives to step down from Paytm and Policybazaar boards

This is part of the global strategy of Softbank globally to not be on boards of listed firms

SoftBank execs to quit Paytm, Policybazaar boards as part of global plan

Japanese tech conglomerate expects it would have fewer regulatory issues to tackle with strategy.

Paytm sheds 20% in 2 days; drops out of the BSE top-100 market cap league

With Tuesday's intra-day fall of 9 per cent, Paytm's market capitalisation dropped to Rs 40,863 crore, down at the 112th position on the BSE.

We now understand things we must correct: Paytm Payments Bank chairman

There will be no material impact on Paytm's customer acquisition, Vijay Shekhar Sharma, chairman, Paytm Payments Bank and founder & CEO of Paytm, tells Manojit Saha

RBI punished Paytm Payments Bank for data leaks to Chinese firms: Report

Annual inspections by RBI found that the company's servers were sharing information with China-based entities that indirectly own a stake in Paytm Payments Bank, says a source

Sensex soars 936 pts, Nifty tops 16,850; HDFC Bank rises 3%, Paytm dips 12%

CLOSING BELL: Shares of One97 Communications, the parent company of digital payments major Paytm, tanked 14.5 per cent to hit a new low of Rs 662 on the BSE in Monday's intra-day trade