The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Pa ...More

The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its staff, or about 400 people, after the current performance appraisal cycle, a company spokesperson said. The cuts follow more substantial reductions in the previous year. ...Less

While Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs ...More

While Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies has injected Rs 30 crore into the government-backed digital commerce entity. ...Less

Paytm's European payment arm is set to receive a significant boost. Paytm Cloud Technologies will invest ...More

Paytm's European payment arm is set to receive a significant boost. Paytm Cloud Technologies will invest nine million euro into its subsidiary, Paytm Europe Payments S.A. This capital infusion aims to bolster the paid-up capital of Paytm Europe. The transaction is scheduled for completion by June 30, 2026. Paytm Europe is incorporated in Luxembourg and is yet to begin operations. ...Less

Zepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtec ...More

Zepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5. ...Less

Daily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher ...More

Daily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher adoption of UPI for retail consumer payments. ...Less

Oyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top ...More

Oyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5. ...Less

Over the past nearly two years, Elevation Capital and AntFin — the financial affiliate of Alibaba Group, ...More

Over the past nearly two years, Elevation Capital and AntFin — the financial affiliate of Alibaba Group, have emerged among the biggest sellers in Paytm through block deals. ...Less

Indian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move h ...More

Indian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move higher. Premier Energies saw a large promoter stake sale. Suzlon Energy reported its Q4 results. ONGC is expanding its partnership with BP. IRFC entered metro rail financing. Paytm is investing in its European entity. Hindalco anticipates rising raw material costs. ...Less

Yatra Online's founders are reportedly in talks to sell a controlling stake. Feelers have been sent to ri ...More

Yatra Online's founders are reportedly in talks to sell a controlling stake. Feelers have been sent to rivals like MakeMyTrip, Paytm Travel, Rapido, and Ixigo, along with a private equity fund. Advisors are assisting with the sale process. Suitors may submit initial offers next week. Yatra's CEO stated the company achieved its most profitable year despite challenges. ...Less

India's digital economy is set for major growth. Technological innovation and increasing consumer trust w ...More

India's digital economy is set for major growth. Technological innovation and increasing consumer trust will drive expansion. Artificial intelligence will accelerate this progress. Digital payments and mobile transactions are expected to see a significant increase. Indian consumers are rewarding strong products and innovation. The nation's economy remains resilient due to domestic consumption. ...Less

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 ...More

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wednesday. The shares were sold at Rs 508.55 apiece, with Goldman Sachs, Fidelity, Quant Mutual Fund, WhiteOak Capital, and other institutional investors among the buyers. SoftBank’s stake has now fallen to 9.88%. ...Less

Growth in the core payments business, expansion across credit products and wider adoption of revenue-gene ...More

Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like credit cards on UPI, helped payment companies strengthen their bottom lines. ...Less

Elevation Capital, an early investor in Paytm, has sold shares worth Rs 964 crore through block deals. Th ...More

Elevation Capital, an early investor in Paytm, has sold shares worth Rs 964 crore through block deals. This follows a trend of early investors liquidating their holdings. Paytm recently reported its first full-year profit and operating revenue growth. The company is now Indian-owned and controlled, with a market capitalization of Rs 71,220 crore. ...Less

Happy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the ...More

Happy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. This and more in today’s ETtech Morning Dispatch. ...Less

Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee ...More

Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee, and global factors. IT stocks, which had surged previously, saw a sharp selloff, with major players like TCS and Infosys dropping significantly. Analysts point to energy shocks and current account deficit concerns impacting market sentiment. ...Less

Shares of One 97 Communications, the parent of Paytm, fell sharply on Friday after existing investors, in ...More

Shares of One 97 Communications, the parent of Paytm, fell sharply on Friday after existing investors, including SAIF Partners and Elevation Capital, likely sold shares worth Rs 960 crore. Around 86 lakh shares changed hands in a large block deal, pressuring the stock despite broader market gains. ...Less

Making travel more rewarding and accessible for customers this summer, BOBCARD is offering instant discou ...More

Making travel more rewarding and accessible for customers this summer, BOBCARD is offering instant discounts, exclusive deals, and convenient EMI options that help travellers save more while enjoying seamless journeys. For example, BOBCARD users can get up to RS 8000 instant discount on domestic and international flights; claim up to 15% instant discount on flight and hotel bookings on MakeMyTrip. ...Less

Paytm's parent company, One 97 Communications, saw Rs 964 crore in block deals on Friday. Major instituti ...More

Paytm's parent company, One 97 Communications, saw Rs 964 crore in block deals on Friday. Major institutional investors like Societe Generale and Nippon India Mutual Fund bought shares. Existing shareholders such as SAIF Partners reduced their holdings. This activity occurred as Paytm shares experienced a decline. The stock has shown a recovery over the past year. ...Less

Eternal's District platform is expanding into India's booming sports market, moving beyond ticketing to v ...More

Eternal's District platform is expanding into India's booming sports market, moving beyond ticketing to venue bookings and brand partnerships. The company is actively seeking acquisitions in sports tech and, last year, launched its 'Play' service for booking sports courts. This move aims to build a comprehensive sports ecosystem, capitalising on the sector's significant growth potential. ...Less

Paytm's existing investors are expected to sell shares in a block deal. The transaction will involve appr ...More

Paytm's existing investors are expected to sell shares in a block deal. The transaction will involve approximately 8.6 million shares. The floor price is set at Rs 1,120.65 per share. This stake sale is anticipated to be worth $100 million. Citi is reportedly managing the placement. This comes after a strong recovery in Paytm's stock. ...Less

Happy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms aft ...More

Happy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more in today’s ETtech Morning Dispatch. ...Less

Paytm, Ashok Leyland, and CG Power were added to the BSE 100, replacing Ambuja Cements, Tube Investments, ...More

Paytm, Ashok Leyland, and CG Power were added to the BSE 100, replacing Ambuja Cements, Tube Investments, and Colgate-Palmolive, effective today. TVS Motor entered the BSE Sensex 50, dislodging Adani Enterprises. ...Less

Indian travellers are increasingly using UPI abroad for convenient payments, but understanding its limita ...More

Indian travellers are increasingly using UPI abroad for convenient payments, but understanding its limitations and risks is crucial. While cheaper than cards in select countries like UAE and Singapore, UPI acceptance is uneven, and backup payment options are essential. Users must be aware of transaction limits, potential failures, and fraud risks. ...Less

Happy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morn ...More

Happy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch. ...Less

US demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. ...More

US demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech Top 5. ...Less

Brokerages show selective optimism across key sectors. Paytm receives a buy rating with strong lending mo ...More

Brokerages show selective optimism across key sectors. Paytm receives a buy rating with strong lending momentum. Infosys maintains a neutral stance amid a soft spending environment but sees strong deal wins. Power Grid Corporation is recommended for its significant role in India's long-term transmission infrastructure growth. These outlooks reflect current market dynamics and future opportunities. ...Less

Founders and senior industry executives told ET that the new draft guidelines released by the RBI on Apri ...More

Founders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the current format, could shut down multiple business opportunities for the payments industry, which is already grappling with revenue generation challenges. ...Less

Indian equity benchmarks closed modestly higher on Friday, with financial stocks leading the gains. The N ...More

Indian equity benchmarks closed modestly higher on Friday, with financial stocks leading the gains. The Nifty and Sensex edged up, though pharma and healthcare weakness capped the rise. Analysts noted the market's indecisive range-bound movement, awaiting a decisive breakout above 23,800 for further upward momentum or a fall towards 23,600. ...Less

Sadev Ventures welcomes Ishan Kansal as cofounder and managing partner. Kansal will be based in Bengaluru ...More

Sadev Ventures welcomes Ishan Kansal as cofounder and managing partner. Kansal will be based in Bengaluru, marking the firm's plan for a second Indian office. This appointment coincides with Sadev Ventures' growth phase, aiming for Rs 1,000 crore in funds under management. ...Less

NPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the ...More

NPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the need for merchants to use multiple devices. This move could significantly reduce costs for small businesses and streamline payment confirmations across all apps, fostering greater efficiency in the digital payments ecosystem. ...Less

Market expert Dipan Mehta advises investors to focus on individual stocks rather than the Nifty amidst ma ...More

Market expert Dipan Mehta advises investors to focus on individual stocks rather than the Nifty amidst market volatility. He suggests avoiding oil marketing companies and traditional banks, instead favoring EV-focused auto ancillaries, upstream oil producers, and NBFCs. Mehta also highlights innovative companies across sectors as key opportunities for discerning investors. ...Less

HDFC AMC has reported a cyber-security incident. An anonymous source claimed access to its IT systems. Th ...More

HDFC AMC has reported a cyber-security incident. An anonymous source claimed access to its IT systems. The company is assessing the impact. Business continuity is not expected to be affected. This incident highlights rising cyber risks for Indian businesses. Digital fraud cases have significantly increased. Financial institutions face growing vulnerabilities. ...Less

Indian mutual funds are investing Rs 1.07 lakh crore in 20 key stocks to counter historic FII selling. Th ...More

Indian mutual funds are investing Rs 1.07 lakh crore in 20 key stocks to counter historic FII selling. They are focusing on large-cap private lenders and select IT firms, using market dips to acquire favored stocks at attractive valuations. This strategy aims to build a defensive portfolio against global volatility. ...Less

India's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure su ...More

India's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like PB Fintech, Mobikwik, and Paytm are pursuing multiple licenses across payments, lending, and wealth management. This strategic shift allows them to manage the entire customer lifecycle and capture greater revenue, driven by regulatory nudges and investor confidence in licensed operations. ...Less

Helios Flexi Cap Fund, backed by Samir Arora, boosted its holdings in Tata Motors, Eternal, and Paytm dur ...More

Helios Flexi Cap Fund, backed by Samir Arora, boosted its holdings in Tata Motors, Eternal, and Paytm during April. The fund also increased its stake in eight other companies, including Hero MotoCorp and Bharat Electronics. Conversely, exposure was reduced in HDFC Bank, Reliance Industries, and Ather Energy. Titan Company and Axis Bank were added as new investments. ...Less

Recognising the critical role of mass transit in ensuring energy security, economic resilience, and envir ...More

Recognising the critical role of mass transit in ensuring energy security, economic resilience, and environmental sustainability in the extant scenario, the Delhi Metro Rail Corporation (DMRC) is undertaking a series of strategic initiatives to facilitate greater adoption of metro services while enhancing commuter convenience, safety, and accessibility. ...Less

Happy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) ...More

Happy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This and more in today’s ETtech Morning Dispatch. ...Less

Quant Mid Cap Fund exited Lenskart Solutions, NMDC and SBI Cards in April, while adding Steel Authority o ...More

Quant Mid Cap Fund exited Lenskart Solutions, NMDC and SBI Cards in April, while adding Steel Authority of India to its portfolio, the fund’s monthly disclosure showed. The fund also increased exposure to Reliance Industries and maintained holdings in several key stocks, as sector allocations shifted toward healthcare and metals. ...Less

India's leading fintech firms, including Paytm, PB Fintech, and Groww, are aggressively expanding into ne ...More

India's leading fintech firms, including Paytm, PB Fintech, and Groww, are aggressively expanding into new business areas like wealth management and AI-driven services to fuel future growth. These companies are leveraging artificial intelligence to enhance customer experiences, improve operational efficiency, and unlock new revenue streams, marking a significant shift in their strategic focus. ...Less

Foreign investors are showing interest in select Indian companies. Despite a significant outflow from Ind ...More

Foreign investors are showing interest in select Indian companies. Despite a significant outflow from Indian equities, some firms have attracted substantial FII investment. Le Travenues Technology leads with the highest FII stake. Other notable companies include 360 One WAM, Redington, CarTrade Tech, and Agarwal's Health Care. ...Less

Flexi cap mutual funds attracted a record Rs 10,147 crore in April, despite moderating equity inflows and ...More

Flexi cap mutual funds attracted a record Rs 10,147 crore in April, despite moderating equity inflows and market volatility. Experts suggest this reflects investor trust in fund managers for flexible allocation across market caps, rather than caution. This category is also seen as a strong starting point for new investors. ...Less

Goldman Sachs has identified twelve stocks for investors looking at the medium term. These companies are ...More

Goldman Sachs has identified twelve stocks for investors looking at the medium term. These companies are expected to perform well as foreign investor sentiment improves. The list includes prominent names like Paytm and Swiggy. Foreign ownership in these selected stocks has decreased, and they are trading at attractive valuations. ...Less

Paytm's parent company, One 97 Communications, reported a profit of Rs 184 crore for the fourth quarter. ...More

Paytm's parent company, One 97 Communications, reported a profit of Rs 184 crore for the fourth quarter. This led to a significant rally in its shares. Revenue from operations also saw an increase. Analysts maintain positive ratings, citing strong revenue momentum and controlled expenses. The company's financial performance shows improvement compared to the previous year. ...Less

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to ...More

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and more in today's ETtech Morning Dispatch. ...Less

Paytm, the fintech major, has decided against seeking a Non-Banking Financial Company license. The compan ...More

Paytm, the fintech major, has decided against seeking a Non-Banking Financial Company license. The company prefers a partnership model for lending operations. This comes after Paytm Payments Bank's license was cancelled by the RBI. Paytm reported a consolidated profit of Rs 183 crore in its fourth quarter, a significant turnaround from the previous year. Revenue also saw a healthy increase. ...Less

AlphaGrep Mutual Fund has filed draft documents with SEBI for its first scheme, the Multi Asset Allocatio ...More

AlphaGrep Mutual Fund has filed draft documents with SEBI for its first scheme, the Multi Asset Allocation Fund. The open-ended fund will invest across equity, debt, commodities and derivatives, aiming to generate long-term capital appreciation through a diversified, rules-based portfolio. ...Less

Happy Monday! Instant house help startups collectively reached three million monthly bookings in April. T ...More

Happy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Morning Dispatch. ...Less

Mirae Asset Mutual Fund has launched the Platinum Hybrid Long-Short Fund under its Platinum SIF platform. ...More

Mirae Asset Mutual Fund has launched the Platinum Hybrid Long-Short Fund under its Platinum SIF platform. The interval investment strategy will invest across equity, debt and derivative instruments, aiming to deliver risk-adjusted returns through arbitrage, collar strategies and high-quality debt exposure across market cycles. ...Less

Digital payments major Paytm achieved its first full year of profit in FY26, reporting a net profit of Rs ...More

Digital payments major Paytm achieved its first full year of profit in FY26, reporting a net profit of Rs 552 crore. This turnaround was driven by cost control and significant revenue growth from financial services, with operating revenue rising 22% to Rs 8,437 crore. ...Less

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominen ...More

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola Electric saw their market value drop. This led to substantial paper losses for SoftBank's Vision Fund. Despite overall gains from other investments, the Indian portfolio's performance highlights recent market challenges. SoftBank has been a major investor in India's startup ecosystem. ...Less

Hybrid mutual funds, particularly aggressive hybrid schemes, are recommended for their resilience in vola ...More

Hybrid mutual funds, particularly aggressive hybrid schemes, are recommended for their resilience in volatile markets. These funds balance equity and debt, offering wealth creation potential with reduced risk. Experts suggest these schemes for conservative equity investors seeking long-term financial goals, highlighting their mixed portfolio and tax advantages. ...Less

Paytm Q4 Results: One 97 Communications, which operates Paytm reported a net profit of Rs 184 crore in th ...More

Paytm Q4 Results: One 97 Communications, which operates Paytm reported a net profit of Rs 184 crore in the fourth quarter, compared with a loss of Rs 540 crore in the year-ago quarter. ...Less

Raise Financial, parent of stock trading platform Dhan, has acquired GreenLife Insurance for approximatel ...More

Raise Financial, parent of stock trading platform Dhan, has acquired GreenLife Insurance for approximately $15 million in a cash and stock deal. This strategic move aims to build a direct consumer and insurance distribution business, leveraging GreenLife's decade-long expertise. ...Less

Bitcoin slipped near the $79,600 mark as the broader crypto market weakened amid inflation concerns and c ...More

Bitcoin slipped near the $79,600 mark as the broader crypto market weakened amid inflation concerns and cautious investor sentiment. Analysts said traders are closely tracking US macroeconomic data and geopolitical developments, while continued profit-booking and fading momentum kept pressure on major cryptocurrencies and altcoins. ...Less

State Bank of India's margin drop was a key event. Analysts suggest the worst may be over for banks. Priv ...More

State Bank of India's margin drop was a key event. Analysts suggest the worst may be over for banks. Private sector banks are expected to perform well in FY27. Foreign investor flows are seen as a key factor for stock performance. HDFC Bank and Axis Bank are top picks. Paytm is also favored for its payment services. ...Less

Embedded insurance is expanding in ecommerce and fintech, with payment and online retail platforms bundli ...More

Embedded insurance is expanding in ecommerce and fintech, with payment and online retail platforms bundling protection for merchants. Startups like Riskcovry and Assurekit leverage data analytics to offer customised products, addressing risks like return-to-origin and fraudulent orders, and improving premium pricing. ...Less

Honasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially m ...More

Honasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially making Mamaearth’s parent the first listed new-age company to reward shareholders with a dividend amid improving stock performance and steady business growth expectations. ...Less

Indian markets showed resilience, climbing despite volatility, buoyed by positive global trends and falli ...More

Indian markets showed resilience, climbing despite volatility, buoyed by positive global trends and falling crude oil prices. Analysts anticipate further gains, targeting 24,550 and 24,750. Key companies like BSE, Britannia, and Paytm are in focus due to quarterly results and significant news, including Zee Entertainment's lawsuit and Hyundai's commitment to India. ...Less

Happy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. Thi ...More

Happy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morning Dispatch. ...Less

Gautam Adani states energy and digital infrastructure will shape future global power. He urges India to b ...More

Gautam Adani states energy and digital infrastructure will shape future global power. He urges India to build its own artificial intelligence capabilities. India must own its intelligence future, not rent it. The nation's scale offers unique advantages for AI and energy infrastructure. AI will expand productivity and create jobs. Adani Group is investing heavily in energy transition and digital infrastructure. ...Less

Wealthy investors are making significant moves, pouring over $1 billion into ten select stocks. This conc ...More

Wealthy investors are making significant moves, pouring over $1 billion into ten select stocks. This concentrated buying occurs even as their overall portfolio value has decreased. Data shows these high-net-worth individuals are strategically picking specific retail and engineering companies. While some of these chosen stocks also saw price drops, the investors are doubling down on their bets. ...Less

Markets closed lower amid global headwinds and geopolitical worries. Several companies like Paytm, Bajaj ...More

Markets closed lower amid global headwinds and geopolitical worries. Several companies like Paytm, Bajaj Auto, and L&T are in focus due to Q4 results and news developments. Hero MotoCorp reported strong Q4 earnings, while L&T saw a profit decline but recommended a dividend. Bharti Airtel is exploring network slicing for premium services. ...Less

Goldman Sachs has identified 12 Indian stocks as medium-term alpha bets despite warning that the record $ ...More

Goldman Sachs has identified 12 Indian stocks as medium-term alpha bets despite warning that the record $22 billion FII selloff in 2026 may persist. Foreign investors have already pulled out more than last year’s total, marking one of the sharpest equity outflows in over two decades amid continued global risk-off sentiment. ...Less

Happy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This ...More

Happy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Morning Dispatch. ...Less

Indian benchmark indices ended marginally lower amid weakness in FMCG, IT and PSU banking stocks. Paytm s ...More

Indian benchmark indices ended marginally lower amid weakness in FMCG, IT and PSU banking stocks. Paytm surged after reporting quarterly profit, while Godrej Industries, Hero MotoCorp, Tejas Networks and Vedanta gained. ...Less

Online payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the v ...More

Online payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acquisition, the company is now focusing on merchants needing both online and offline payment solutions, rather than aggressive field team expansion. This strategic shift aligns with Razorpay's IPO preparations and a focus on a more profitable core business. ...Less

Happy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imp ...More

Happy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETtech Morning Dispatch. ...Less

India's digital payments sector faces a critical shortage of new point-of-sale (PoS) terminals due to dis ...More

India's digital payments sector faces a critical shortage of new point-of-sale (PoS) terminals due to disruptions in imports from China and West Asia crisis. This has led to a 15-20% price increase for devices, forcing companies to extend terminal lifecycles and manage existing assets more effectively. ...Less

Smallcap and midcap stocks outperformed benchmarks on Friday, with select names rallying up to 16% despit ...More

Smallcap and midcap stocks outperformed benchmarks on Friday, with select names rallying up to 16% despite broader market weakness. Gains were driven by earnings momentum and stock-specific triggers, even as geopolitical tensions and high oil prices kept overall sentiment cautious. Analysts continue to track volatility and broader market direction. ...Less

Delhivery has granted over 1 lakh stock options to employees under its ESOP 2012, effective May 1. The op ...More

Delhivery has granted over 1 lakh stock options to employees under its ESOP 2012, effective May 1. The options, exercisable at Re 1, will vest over four years, with a portion vesting after 12 months and the remainder over subsequent periods. This move aims to retain talent through equity participation and wealth creation. ...Less

NSE’s Electronic Gold Receipts (EGRs) offer investors a regulated and fully digital way to own and trade ...More

NSE’s Electronic Gold Receipts (EGRs) offer investors a regulated and fully digital way to own and trade physical gold without storage or purity concerns. Backed by SEBI-regulated vaults, EGRs aim to make gold investing more transparent, accessible and standardised while integrating the yellow metal more closely with India’s capital markets. ...Less

KPIT Technologies shares fell sharply on Thursday. The automotive software firm reported a 33% year-on-ye ...More

KPIT Technologies shares fell sharply on Thursday. The automotive software firm reported a 33% year-on-year decline in net profit for the March quarter. This occurred despite a healthy 12% rise in revenue. Operating expenses increased significantly. The company's board recommended a final dividend. Management cited global uncertainties impacting the mobility sector. ...Less

Godrej Consumer Products shares dropped nearly 6% on Thursday despite reporting a 9.7% YoY rise in Q4 net ...More

Godrej Consumer Products shares dropped nearly 6% on Thursday despite reporting a 9.7% YoY rise in Q4 net profit and double-digit revenue growth. Brokerages remained positive on the stock, citing strong domestic volume growth, improving Indonesia business trends, and margin guidance for FY27, while warning of near-term input cost pressures and demand risks. ...Less

Indian benchmark indices ended slightly lower amid weakness in FMCG, IT and banking stocks, while analyst ...More

Indian benchmark indices ended slightly lower amid weakness in FMCG, IT and banking stocks, while analysts highlighted improving technical indicators and bullish breakout signals. Positive market breadth, easing volatility and strong investor participation supported optimism despite global market uncertainty and stock-specific selling pressure. ...Less

Paytm has successfully separated its core operations from Paytm Payments Bank following the RBI's license ...More

Paytm has successfully separated its core operations from Paytm Payments Bank following the RBI's license cancellation. The company's payments and financial services businesses now operate independently, with no exposure or material business arrangements with the banking entity. ...Less

Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve B ...More

Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve Bank of India's unexpected move to revoke the banking license of Paytm Payments Bank, leading to its impending closure. Nonetheless, the company remains committed to ensuring that its primary services are unaffected. ...Less

Paytm shares fell 8% after RBI cancelled Paytm Payments Bank’s licence but recovered sharply as brokerage ...More

Paytm shares fell 8% after RBI cancelled Paytm Payments Bank’s licence but recovered sharply as brokerages stayed bullish. Analysts see limited financial impact, citing separation from PPBL and strong core business momentum. Jefferies, Goldman and Bernstein retained positive ratings, though risks to sentiment remain. Technical indicators suggest near-term volatility, with key support around Rs 1,050 and resistance near Rs 1,150. ...Less

The RBI has cancelled Paytm Payments Bank's license. This formal step concludes a process that began in 2 ...More

The RBI has cancelled Paytm Payments Bank's license. This formal step concludes a process that began in 2022. The winding-down process is now underway. However, your Paytm app and its payment services are a separate entity and will continue to function. This is because they operate under a different license. Depositors and wallet users will be repaid. ...Less

Smaller third-party UPI players are set to propose new curbs on market leaders like PhonePe, Google Pay, ...More

Smaller third-party UPI players are set to propose new curbs on market leaders like PhonePe, Google Pay, and Paytm to the NPCI. They aim to restrict user acquisition tactics, tighten monetization rules, and democratize merchant services. These proposals come as the long-pending 30% market share cap remains unimplemented. ...Less

Ujjwal Jain, CEO of PhonePe's stock trading platform Share.Market, has departed after four years, calling ...More

Ujjwal Jain, CEO of PhonePe's stock trading platform Share.Market, has departed after four years, calling it a "relaunch" for his next venture. Jain, who founded WealthDesk and OpenQ before their acquisition by PhonePe, led the launch of Share.Market in August 2023. This move occurs as PhonePe has postponed its IPO plans. ...Less

Paytm has said that the Reserve Bank of India’s (RBI) action on Paytm Payments Bank Ltd (PPBL) will have ...More

Paytm has said that the Reserve Bank of India’s (RBI) action on Paytm Payments Bank Ltd (PPBL) will have no financial or business impact on the company, stressing that it has no material exposure or operational link with the banking entity. ...Less

The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank. This action follows p ...More

The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank. This action follows persistent compliance issues. The bank can no longer accept deposits. However, the Paytm app and its core services remain unaffected. Users can continue to use UPI and other payment features. ...Less

Smaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. ...More

Smaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech Top 5. ...Less

The RBI has cancelled Paytm Payments Bank's license due to regulatory non-compliance, citing detrimental ...More

The RBI has cancelled Paytm Payments Bank's license due to regulatory non-compliance, citing detrimental operations and prejudiced management. While Bernstein views this as incrementally negative for parent One 97 Communications, they maintain an 'Outperform' rating, seeing potential for new licenses. Paytm assures stakeholders its core services remain unaffected. ...Less

Palo Alto Networks is acquiring Portkey, doubling the AI infrastructure startup's valuation. This and mor ...More

Palo Alto Networks is acquiring Portkey, doubling the AI infrastructure startup's valuation. This and more in today's ETtech Top 5. ...Less

In a release, the central bank said Paytm Payments Bank can no longer conduct banking business under the ...More

In a release, the central bank said Paytm Payments Bank can no longer conduct banking business under the Banking Regulation Act. ...Less

Indian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and ...More

Indian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial results and news developments. Sun Pharma is set for a major overseas acquisition. NTPC plans nuclear power units, while Adani Green invests in battery storage. Coal India aims to cut imports. Hindustan Zinc and HPCL shared growth and restoration updates. ...Less

Market expert Amit Khurana offers insights on key corporate and regulatory developments. Sun Pharma's acq ...More

Market expert Amit Khurana offers insights on key corporate and regulatory developments. Sun Pharma's acquisition is seen as strategically sound, though debt requires careful management. Paytm Payments Bank's license cancellation has limited impact on its core business. Banks show stable earnings with upside potential, while NBFCs face stretched valuations. Consumption and select sectors present opportunities. ...Less

Mutual funds increased their stakes in new-age companies during the March quarter, despite falling share ...More

Mutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value declines. This move by domestic institutional investors comes as foreign investors divest Indian equities, with funds showing confidence in listed peers' long-term business models and execution. ...Less

UPI transactions in April saw a minor dip from March but a 25% rise year-on-year. While UPI shows resilie ...More

UPI transactions in April saw a minor dip from March but a 25% rise year-on-year. While UPI shows resilience, India's digital payments sector is experiencing a slowdown, with new user growth also decelerating. NPCI is considering market share caps for larger UPI apps. ...Less

The Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking ...More

The Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank must cease all banking activities immediately. The RBI plans to approach the High Court to initiate the dissolution process due to ongoing non-compliance issues. ...Less

Mesa School of Business, a startup-focused, AI-first institution backed by Elevation Capital, has release ...More

Mesa School of Business, a startup-focused, AI-first institution backed by Elevation Capital, has released independently audited placement outcomes showing an average CTC of ₹26 lakh for its first two cohorts,with 60% of graduates in founder-facing roles and a 2.8x average salary jump. ...Less

RBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top ...More

RBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5. ...Less

Shares of Cohance Lifesciences surged 20% on Monday after the appointment of former Cipla CEO Umang Vohra ...More

Shares of Cohance Lifesciences surged 20% on Monday after the appointment of former Cipla CEO Umang Vohra as its new Executive Chairman and Group CEO. His leadership is expected to drive transformation, scale operations, and strengthen global partnerships as the company enters its next growth phase. ...Less

Happy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and F ...More

Happy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today’s ETtech Morning Dispatch. ...Less

SBI Cards has taken a bold step in fortifying its financial health by offloading a considerable portion o ...More

SBI Cards has taken a bold step in fortifying its financial health by offloading a considerable portion of its stressed credit card debt, valued at approximately ₹1,800 crore, to Integro Finserv. This transaction is a critical aspect of SBI Cards' plan to address mounting delinquencies and elevate the overall quality of its credit card offerings. ...Less

Shares of Shriram Finance fell nearly 4% on Monday despite strong Q4 FY26 results, including a 41% profit ...More

Shares of Shriram Finance fell nearly 4% on Monday despite strong Q4 FY26 results, including a 41% profit surge and healthy AUM growth. Global and domestic brokerages such as Nomura, JM Financial and Motilal Oswal Financial Services maintained ‘Buy’ calls, citing resilient fundamentals and robust medium-term growth prospects. ...Less

Akshaya Tritiya 202: Akshaya Tritiya on April 19, 2026, sees a surge in digital gold purchases. Platforms ...More

Akshaya Tritiya 202: Akshaya Tritiya on April 19, 2026, sees a surge in digital gold purchases. Platforms like PhonePe, JioFinance, and Paytm offer convenient ways to invest in 24K gold, bypassing crowded stores and storage concerns. These apps allow easy buying, selling, and even physical gold delivery options. ...Less

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