Page 6 - Paytm

Vijay Shekhar Sharma surrenders 2.1 cr Paytm ESOPs worth Rs 1,800 cr

Fintech firm One97 Communications' Managing Director and Chief Executive Officer Vijay Shekhar Sharma has voluntarily surrendered 2.1 crore shares worth about Rs 1,800 crore, as per a regulatory filing and share closing price of the company. The shares were granted to Sharma as part of ESOP (employee stock ownership plan) at the time of listing of One97 Communications, which owns Paytm brand. It will now return to the ESOP pool under One 97 Employees' Stock Option Scheme, 2019. "Vijay Shekhar Sharma, Chairman, Managing Director and Chief Executive Officer of the Company vide letter dated April 16, 2025 has informed the company that he has voluntarily forgone all 2,10,00,000 (Two Crore Ten Lakhs) ESOPs granted to him under One 97 Employees Stock Option Scheme, 2019, with immediate effect," the filing said. Based on the Paytm share closing price of Rs 864.5 apiece, the ESOPs are valued at Rs 1,815.45 crore. "This will result in a one-time, non-cash, acceleration of ESOP expense of R

UPI down again: Google Pay, Paytm, PhonePe hit amid widespread disruption

Users reported failed payments and problems with fund transfers as the most common issues

Paytm unveils silent 'Mahakumbh Soundbox' with screen for discreet payments

The new product, launched at Startup Mahakumbh event in Delhi, can be useful for vendors who prefer not to have payment details spoken out loud, especially for transactions involving big amounts

Mazagon, Paytm, IndusInd: These are top wealth creators, destroyers of FY25

After a period of being net buyers in the first half of the fiscal year, FIIs reversed their stance in the second half, unloading over ₹1.5 lakh crore worth of Indian equities

Fintech major Paytm asks merchants to snap ties with third-party platforms

The move comes at a time when other players, including PhonePe, Cashfree Payments, and Razorpay, made similar moves nearly two months ago

Paytm Money receives Sebi approval to offer research analyst services

Paytm's share price rose 7.79 per cent, closing at Rs 742.45 on Tuesday on the Bombay Stock Exchange

Paytm shares surge 5% on Sebi's nod to Paytm Money for research licence

Paytm share price: With Paytm Money's registration as a research analyst, Paytm Money Limited can offer Sebi-compliant research services, including investment insights, and research reports

Paytm amends ESOP policy, expands pool with grant of 109,995 stock options

Other amendments included modifying the vesting schedule for future grants from the previous five-year limit to a range of one to five years from the grant date

Why One 97 Communications, parent of Paytm, shares rose 5% in trade today?

As per reports, the banking industry's large merchants have made a formal request to reintroduce MDR on UPI transactions to the Union government, and the relevant departments are reviewing it

Paytm UPI users can now download expense statements in Excel format

Following the rollout of PDF statements, the new Excel format offers enhanced flexibility for managing expenses

Paytm introduces UPI Trading Blocks with auto payment from bank accounts

Paytm UPI users can now set up automatic payment deductions directly from their bank account for trades, without having to transfer large sums to their trading accounts on brokerage apps

Paytm parent failed to file required reports to RBI: ED on Rs 611 cr notice

The Enforcement Directorate on Monday said it has issued a Rs 611 crore worth show cause notice to Paytm's parent company and linked entities for "contravention" of the FEMA on various counts. The notice has been issued by a special director of the federal agency before the initiation of adjudication proceedings. The show cause notice has been issued to Paytm's flagship company One 97 Communication limited (OCL), its managing director and other Paytm subsidiary companies like Little Internet Pvt Ltd and Nearbuy India Pvt Ltd for contraventions of the provisions of the Foreign Exchange Management Act (FEMA) to tune of around Rs 611 crore, the ED said in a statement. Investigation found that OCL made foreign investment in Singapore and "did not" file necessary reporting to the Reserve Bank of India (RBI) for the creation of an overseas step-down subsidiary, it said. The OCL had also received foreign direct investment (FDI) from overseas investors "without following" proper pricing ..

Why One 97 Communications, parent of Paytm, shares lost 4% in trade today?

The company has allegedly violated the Foreign Exchange Management Act (Fema) involving aggregate transactions worth over Rs 611 crore related to the acquisition of its subsidiaries

Paytm gets ED show cause notice for transactions involving over Rs 611 cr

Company says these violations pertain to a period when these firms were not subsidiaries of One97 Communications

Stocks to Watch, Feb 28: PFC, Paytm, JSW Infra, M&M, Tata Power, LIC

Share market today: Indian stock markets are likely to be influenced by the persistent selling of Indian equities by FIIs, Trump tariffs, and the country's Q3 GDP data set for release later today

Paytm bets on AI-first features to power profitability in the next 2 years

Chatbot will let customers ask questions, explore topics in Indian languages and make financial decisions

Paytm, DPIIT partner to support fintech startups with mentorship & funding

This support initiative is aimed at fostering innovation and accelerating the growth of manufacturing and fintech startups in India

A year on, Paytm Payments Bank nudges users to reactivate wallets

The reactivation effort comes at a time when the payments bank has lost 72.25 per cent of its prepaid payment instrument (PPI) wallets from 363.15 million

Stocks to Watch, Feb 18, 2025: Airtel, NTPC, Power Grid, Vedanta, Paytm

Stocks to Watch, Feb 18, 2025: Airtel, NTPC, Power Grid and other stocks will be on investors' radar today

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