Page 7 - Paytm

Q3 results today: Zomato, Paytm, IDBI among 37 to post earnings on Jan 20

Q3 FY25 company results January 20: Zomato, Paytm, IDBI Bank, L&T Finance, Dr Reddy's, and YES Bank will be releasing their Oct-Dec quarter report today

Stocks to Watch, Jan 20: Paytm, Zomato, Wipro, Tech Mahindra, Adani Energy

Stocks to watch on January 20, 2025: Wipro's Q3 net profit increased to Rs 3,354 crore from Rs 3,209 crore Q-o-Q, while revenue was Rs 22,319 crore, slightly above estimates

Former directors of Paytm settle matter with Sebi for Rs 3.32 crore

Matter pertains to benefits paid to Vijay Shekhar Sharma and lapse in identifying promoter

UPI can grow 10 times from current base, says NPCI chief Dilip Asbe

The apex payments body recorded 16.73 billion transactions in December 2024. UPI registered over 172 billion transactions in 2024 alone

Paytm's net loss likely to widen YoY in Q3; revenue may slip 34%: Analysts

Paytm's revenue is expected to decrease by 34 per cent Y-o-Y, analysts and investors will eye traction on new business verticals

Paytm share rallies 8% as Emkay upgrades to 'Buy' from 'Add', lifts target

The northward movement in the Paytm share price came after domestic brokerage Emkay upgraded the stock to 'Buy' from 'Add'. It also raised the target price to Rs 1,050, from 750 earlier

Paytm, Angel One, Kalyan Jewellers among 6 stocks with huge short build-up

Retail investors most bullish in last 7 months, with long-short ratio in index futures at 5:2. On the other hand, FIIs hold 5 bearish bets in index futures for ever long trade; shows NSE F&O data.

Paytm share price drops 14% this week; breaks support levels on tech chart

Paytm share price: From its 52-week high level of Rs 1,063, which it hit on December 17, 2024, Paytm share price has crashed 20.6 per cent

Navi crosses 1% market share in UPI transactions in December 2024

This is the first time in many months that a firm outside the top three has achieved this

Turning tide: Fintech firm Paytm's Ebitda likely to break even this quarter

It is also projected to achieve breakeven at the net profit level in Q4FY26, brokerage firm Mirae Asset Capital Markets said in a note

Why are Paytm shares down 4% on NSE today? Check reason here

Paytm share: The fall in Paytm share came after the National Payments Corporation of India (NPCI) extended the deadline to implement transaction volume cap on Unified Payments Interface (UPI) apps

Paytm Money launches Pay Later stock trading feature at 1% monthly interest

Service 'democratises' stock market participation for retail investors, says company

Paytm closes above Rs 1k mark after 3 yrs; firm value crosses Rs 64k cr

Shares of Paytm have rallied nearly 30 per cent in the past one month

AI tech to replace humans workflow, says Paytm founder Vijay Shekhar

Start-ups not working on technologies that can replace humans in workflow will not last long, Paytm founder and CEO Vijay Shekhar Sharma said on Tuesday. While speaking at the Rising Rajasthan Global Investment Summit, Paytm founder and CEO Vijay Shekhar Sharma, however, said that his company will need more people to develop technology and provide support as the adoption of AI increases. When asked about whether Paytm is also looking at technologies to reduce its workforce, Sharma said, "We will need to hire more ... to provide technology support. Technology companies will become stronger with the adoption of tech". During his session on Digital Transformation, Sharma said anything that is being done physically or mentally will be replaced by AI like car driving and writing code. Startups not developing tech to replace human workflow will not last long. "If you are not building a startup that removes the obligation of a human's workflow, you're not building a company that will be .

Paytm shares increase threefold after non-core business divestment

The company is seeing signs of recovery, with monthly transacting users (MTUs) at 71 million at the end of the September quarter of this financial year

New RBI Gov Sanjay Malhotra, Vikram Misri visits Dhaka, Paytm shares & more

Sanjay Malhotra, the current Revenue Secretary in the Finance Ministry has been appointed as the 26th Governor of the RBI for a term of three years, and will be taking charge starting Wednesday.

Paytm hits 52-week high after Singapore arm to sell stake in Japan's PayPay

Paytm currently has a cash balance of over Rs 10,000 crore. The Rs 2,364 crore sale would expand it by over 20 per cent

Paytm's Singapore unit to sell stake in Japan's PayPay for Rs 2,364 crore

The transaction is expected to close this month subject to approvals. The sale is expected to strengthen the parent company's cash reserves

Paytm arm to sell stock acquisition rights in Japan's PayPay for Rs 2.3K cr

Fintech firm and owner of Paytm brand One97 Communications' Singapore-based arm has approved the sale of its Stock Acquisition Rights in Japan's PayPay to Softbank Vision Fund 2 for Rs 2,364 crore, the company said in a regulatory filing on Saturday. Paytm and Paytm Singapore had signed an agreement with the Japanese digital wallet firm, Softbank Corp, Softbank Group Corp and Yahoo Japan Corporation to provide technology services to PayPay. In lieu of the services, Paytm Singapore had acquired Stock Acquisition Rights, convertible into 1,59,012 shares or a 7.2 per cent stake in PayPay on a fully diluted basis. "One97 Communications Singapore Private Limited has informed the company on December 06, 2024, at 12:49 pm (IST), that its Board of Directors at its meeting held on December 06, 2024, has approved the sale of all its Stock Acquisition Rights in PayPay Corporation, Japan, to SoftBank Vision Fund 2 entity for net proceeds of JPY 41.9 billion (equivalent to Rs 2,364 crore)," the

Paytm's wholly-owned Singapore unit approves stake sale in PayPay

The value of the deal is reportedly pegged at $250 million, although the company did not voluntarily disclose the deal size on the exchanges