The country's licensing policy for financial institutions is past its sell-by date. Innovative solutions are out there but require regulation.
After a choppy IPO debut, Paytm received the RBI nod to operate as a scheduled payments bank. How does it change things for the company? This report makes sense of Paytm Payments Bank's new status
Further consolidation seems likely, while telecom stocks may be in focus owing to the new DoT order on limiting SIMs per user
Investors are turning increasingly skeptical about IPOs as a record year for Indian listings draws to a close
After the announcement, Paytm's share price rose 2.62 per cent to close at Rs 1,594.55 apiece.
From December 8, Edelweiss said there are ten issuances where the anchor lock-in is set to unravel, including FSN E-Commerce Ventures (Nykaa), FINO Payments Bank, Latent View Analytics and PB Fintech
Paytm's IPO was subscribed 1.89 times and Star Health's offer was subscribed 79 per cent
His firm SoftBank is the biggest foreign investor in India today and has funded 10% of all unicorns
Dolat Capital Market has set a target price of Rs 2,500, which is 16% higher than the company's issue price
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Digital payments, financial services firm Paytm is expecting to increase revenue and monetisation methods on its platform in the next few quarters.
FMCG stocks are likely to be in focus on the back of price hike announced, while airline shares too may be on investor's radar following the fresh world-wide Coivd-19 scare
Paytm's top executives spent 90 minutes on a call with investors and analysts on Saturday as they raised questions on monetization.
Revenue from operations up 64% YoY to Rs 1,090 crore in Q2FY22, driven by 52% growth in non-UPI payment volumes and over 3x in financial services and other revenue; net loss widens 11% to Rs 432 cr
Fintech major's non-UPI payment GMV grows by 52% in September quarter
Paytm said its gross merchandise value climbed 131% on-year to 832 billion rupees in October in the critical period ahead of the Diwali holiday
The highest fresh capital this year was raised by food delivery firm Zomato (Rs 9,000 cr), followed by Paytm parent One 97 Communications (Rs 8,300 cr), and PB Fintech (Rs 3,750 cr)
After an initial disappointing performance post listing, the shares of One97 Communications-owned Paytm have pared some of its losses.
Tarsons Product will make its debut on the bourses today, the issue price was fixed at Rs 662 per share
BlackRock Inc. and Canada Pension Plan Investment Board were among so-called anchor investors in the IPO that bought more Paytm shares on Tuesday and Wednesday