Page 6 - Paytm

Paytm rises 4% as arm completes acquisition of 25% stake in Seven Tech

Paytm had informed about the investment of $1 million (equivalent to Rs 8.7 crore) by Paytm Cloud Technologies Ltd in Seven Technology LLC, Delaware for acquisition of a 25 per cent stake

Stocks to Watch, Feb 14, 2025: TaMo, Nazara Tech, Hindalco, Paytm, NTPC

Stocks to Watch, Feb 14, 2025: From Nazara Tech to Hindalco, here are a few stocks that will on investors' and traders' radar during today's market session

Paytm Money settles Sebi norm violation allegations for Rs 45.5 lakh

In a separate development, Paytm Money announced the appointment of Rajeev Krishnamuralilal Agarwal as an additional non-executive independent director on its Board

Paytm, its CEO fined with GST penalty over alleged non-compliance

The Noida-based company said it was evaluating its options, including an appeal against the order issued by the Joint Commissioner, CGST Delhi North

Paytm Cloud to acquire 25% stake in Brazil's Seven Technology for $1 mn

Following the completion of the transaction, Seven Technology and Dinnie will become associate entities of One97 Communications (OCL), the parent company of Paytm

Why One 97 Communications, parent of Paytm, shares gain 5% in weak market?

Seven Technology LLC is the parent company of Dinie Correspondente Bancário e Meios de Pagamento Ltda. ("Dinie"), Brazil-based API-first embedded finance start-up

Now you can display Paytm QR code to receive money without opening app

Widget enables users to showcase their Paytm QR code on the home screen, allowing customers to scan and pay effortlessly without extra steps

Nakul Jain steps down as the Paytm Payments Services CEO

Nakul Jain is the Managing Director and CEO of Paytm Payments Services Limited (PPSL). He joined PPSL in June 2022 and is in charge of the Online Payments business

'No query from ED': Paytm denies reports of facing probe in crypto scam

Paytm on Friday said it has not received any fresh notice, communication, or query from the Enforcement Directorate after reports suggested that the fintech firm is among companies facing a probe over cryptocurrency scam. The information published is "factually incorrect and misleading", Paytm said dismissing media reports that claimed ED is investigating eight payment gateways, including Paytm, in connection with a scam involving 10 Chinese nationals. Shares of One97 Communications, which owns the Paytm brand, fell 8.4 per cent during the day to Rs 773.90 but recovered partially and closed at 5 per cent lower on BSE. "...we confirm that we have not received any such new notice, communication, or query from the Enforcement Directorate regarding the matter mentioned in the media articles," Paytm said in a clarification to BSE terming the information published as "factually incorrect and misleading". Drawing attention to its previous letter dated September 4, 2022, regarding the ...

Paytm recovers 6% from day's lows after Co denies ED freeze on accounts

The HPZ Token scam scam, allegedly operated by 10 Chinese nationals, involved the collection of over Rs 2,200 crore from investors across 20 states

HPZ Token scam: Fintechs deny reports of ED probe, freezing of accounts

The chargesheet has named 298 individuals in what could one India's largest cryptocurrency scams: The HPZ Token scam, operated by 10 Chinese nationals

A year after RBI curbs, Paytm founder Sharma expects to get back into biz

The Reserve Bank of India last year imposed new curbs on unlisted Paytm Payments Bank Ltd. after years-long warnings about data flows between it and Paytm

One97 Communications: Markets unhappy after Q3, but brokerages positive

Prospects look better due to visibility on business turnaround and profitability. As and when, the Payment aggregator license is received from RBI, that could be a valuation catalyst

How to trade in Paytm, Zomato post Q3 results? Charts hint at diverse trend

Technical charts show that Paytm is seeking support around its key moving averages on the daily and weekly scale; while Zomato is on the verge of a negative breakout on the weekly scale.

Paytm falls 7% on profit booking post Q3 results; up 161% in past 6 months

Paytm's revenue rose 10.1% sequentially, due to an increase in GMV, a healthy growth in subscription revenues and an increase in revenues from distribution of financial services

Paytm Q3 FY25 results: Losses narrow to Rs 208.3 cr, revenue declines 36%

The loss follows a profitable September quarter, when the company reported a profit of Rs 928.3 crore, driven by the sale of its movie and ticketing business to Zomato

Paytm to focus on merchant services in overseas foray as part of expansion

Fintech firm One97 Communications, which owns the Paytm brand, will primarily focus on financial services for the merchant ecosystem as part of its international expansion, a top company official said on Monday. Paytm is looking for a foray into international markets and has set up three overseas step-down subsidiaries of Paytm Cloud Technologies in the United Arab Emirates, Saudi Arabia and Singapore. "The intent here is to first go to the merchant side. Merchant side business model is a very long-term business model. Every economy and geography that I am meeting with senior executives either in the central bank or government love it because SME credit is missing everywhere. If you can solve for payment and solve for future-forward receivables that business model is a template in our opinion. Our primary plan will be that," Paytm founder and CEO Vijay Shekhar said during the company's earnings call for the December quarter of FY25. Paytm for the quarter reported a narrowing of ...

Stock Market Highlights: Sensex adds 454 pts, Nifty ends near 23,350; banks, metals, financials lead

Stock Market Highlights, January 20, 2025: Indian markets closed on a positive note on Monday with the 30-share Sensex gaining 454 points or 0.59 per cent to settle at 77,378.91

Paytm shares volatile after posting Q3 results; Check out key details here

Around 10:42 AM, Paytm share price was down 0.42 per cent at Rs 895.85 per share on BSE. In comparison, the BSE Sensex was up 0.35 per cent at 76,891.28

Paytm Q3 FY25 results: Loss narrows to Rs 208 crore, revenue down 36%

Paytm Q3FY25 results: One97 Communications had reported a loss of Rs 209 crore during the same period last year