Paytm
- Apple accuses CCI investigators of 'copy-pasting' rivals' claims in antitrust investigation
Apple has accused Indian antitrust investigators of merely copying rivals' claims without independent ana ...More
Apple has accused Indian antitrust investigators of merely copying rivals' claims without independent analysis in its competition law probe. The tech giant argues the findings are flawed and calls for them to be quashed, citing a lack of opportunity to present its case. This marks a significant escalation in Apple's dispute with the Competition Commission of India over its app store practices. ...Less

- 'This could be a disaster': From Ankur Warikoo to Vijay Shekhar Sharma, why India's startup leaders are worried about Kunal Shah's first move at WhatsApp
WhatsApp's new username feature, allowing users to connect without sharing phone numbers, has raised sign ...More
WhatsApp's new username feature, allowing users to connect without sharing phone numbers, has raised significant concerns about potential impersonation scams, particularly in India. Entrepreneurs fear scammers could create similar-sounding usernames to solicit money, bypassing the accountability previously offered by phone numbers. This privacy-focused update faces scrutiny over the need for robust anti-abuse measures to prevent widespread fraud. ...Less

- Nifty indices rejig goes live today: Which stocks will see biggest inflows and outflows?
The NSE’s quarterly index rebalancing takes effect today, triggering significant passive fund flows acros ...More
The NSE’s quarterly index rebalancing takes effect today, triggering significant passive fund flows across Indian equities due to changes in free-float weights. While the Nifty 50 sees limited adjustments, broader strategic indices are witnessing sharper reshuffling. ...Less

- From QR codes to fraud risks: 7 essential UPI facts every user should know
We begin this new series with Bala, a curious young learner, as he explores money concepts. His first les ...More
We begin this new series with Bala, a curious young learner, as he explores money concepts. His first lesson: understanding UPI and digital money. UPI (Unified Payments Interface) is an instant payment system that allows you to transfer money between any two bank accounts using a mobile app. It acts as a digital bridge between banks, making money transfers simple. ...Less

- SBI Cards And Payment Services among 3 stocks showing bullish RSI upswing
Three stocks in the NSE mid-cap segment featured in the RSI Trending Up scan on June 25 after showing imp ...More
Three stocks in the NSE mid-cap segment featured in the RSI Trending Up scan on June 25 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups. ...Less

- AI music startup Tringbox raises Rs 5 crore in seed funding
Tringbox, a Mumbai-based AI music technology startup, has secured Rs 5 crore in seed funding. This capita ...More
Tringbox, a Mumbai-based AI music technology startup, has secured Rs 5 crore in seed funding. This capital will fuel product and AI development, enhance technology infrastructure, and expand their music catalogue. The company plans to scale its intelligent speaker network and deploy across premium venues nationwide. Funds will also support hiring in key roles and business development initiatives. ...Less

- Young, loss-making startups keep OFS portion lean as investor scrutiny grows
New-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, ...More
New-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. Investors now prefer capital infusion for scaling and profitability over large shareholder exits. Companies like Zepto, Ola Electric, and PhysicsWallah exemplify this trend, signalling a market demand for businesses reinvesting in their future rather than facilitating early exits. ...Less

- NSE chief urges startups and MSMEs to view listing as a tool for scale
National Stock Exchange MD and CEO Ashish Chauhan highlighted that profitable businesses are rewarded wit ...More
National Stock Exchange MD and CEO Ashish Chauhan highlighted that profitable businesses are rewarded with valuations private markets can't match, enabling expansion and offering a company its own currency for acquisitions and employee rewards. ...Less

- Quant Mid Cap Fund adds Adani Energy and 4 others, exits Paytm and 3 more stocks in May
Quant Mid Cap Fund, managed by Sandeep Tandon, has strategically adjusted its portfolio in May. The fund ...More
Quant Mid Cap Fund, managed by Sandeep Tandon, has strategically adjusted its portfolio in May. The fund added Adani Energy and four other stocks while exiting Paytm and three other companies. This move reflects a dynamic approach to capturing growth opportunities within the mid-cap segment. ...Less

- Intellectual curiosity & infectious optimism: Industry cheers Kunal Shah's new role as WhatsApp Head
India Inc. is celebrating Kunal Shah's appointment as WhatsApp head, hailing it as a milestone for Indian ...More
India Inc. is celebrating Kunal Shah's appointment as WhatsApp head, hailing it as a milestone for Indian startup leadership. Industry leaders lauded his "intellectual curiosity" and "infectious optimism," noting his unique philosophy background and entrepreneurial journey. Meta's investment in his fintech firm CRED and Shah's deep understanding of consumer behavior are seen as key assets for the messaging giant's future growth. ...Less

- Talent twist: Silicon Valley's India story takes an unexpected turn
The prospective appointment of Kunal Shah to a leadership position at WhatsApp exemplifies an emerging pa ...More
The prospective appointment of Kunal Shah to a leadership position at WhatsApp exemplifies an emerging pattern: Indian founders are increasingly sought after by Silicon Valley. Unlike traditional executives who have ascended through corporate ranks, Shah's expertise originates from India's dynamic digital landscape. This reflects Big Tech’s shift towards valuing entrepreneurial acumen and market insights, potentially expanding the scope of the 'India pipeline' to include innovative leadership talent. ...Less

- Quant Mid Cap Fund: Adani Energy and Paytm among stocks bought and sold in May
Quant Mid Cap Fund’s AUM rose to Rs 8,109 crore in May. The fund added Adani Energy, Indus Towers, Lenska ...More
Quant Mid Cap Fund’s AUM rose to Rs 8,109 crore in May. The fund added Adani Energy, Indus Towers, Lenskart Solutions, Persistent Systems and Torrent Pharmaceuticals, exited select holdings, raised exposure to Nippon Life India Asset Management and adjusted sector allocations across telecom, power and financial services. ...Less

- Paytm plans 10% staff increase in AI pivot, to lay off 400
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

- The problem with owning 13 mutual funds to reach Rs 4.67 crore goal
An investor's 13-mutual fund portfolio, aiming for Rs 4.67 crore, was deemed over-fragmented and style-ov ...More
An investor's 13-mutual fund portfolio, aiming for Rs 4.67 crore, was deemed over-fragmented and style-overlapping. An expert advised consolidating to 6-7 high-conviction funds, reducing gold/silver allocation, and shifting towards growth-oriented equity strategies for better long-term wealth creation. ...Less

- IT rebound may lack legs, outlook remains cautious: Sunil Singhania
Speaking at the ET NOW Markets Summit 2026, Singhania said that although valuations in the sector have be ...More
Speaking at the ET NOW Markets Summit 2026, Singhania said that although valuations in the sector have become more reasonable after the sharp correction, he remains unconvinced about the long-term growth prospects of pure-play IT services companies. ...Less

- Sunil Singhania-backed Abakkus Small Cap Fund adds 3 new stocks, increases stake in HDFC Bank, SBI and 49 others
Sunil Singhania's Abakkus Small Cap Fund added three new stocks in May, including Tanla Platforms and Int ...More
Sunil Singhania's Abakkus Small Cap Fund added three new stocks in May, including Tanla Platforms and Intellect Design Arena. The fund also increased its holdings in HDFC Bank, State Bank of India, and 49 other stocks, notably Equitas Small Finance Bank and Edelweiss Financial Services. No complete exits were made, and exposure remained unchanged in eight Vedanta group stocks. ...Less

- Anthropic’s Fable 5 takedown triggers India Inc push for AI self-reliance
A US directive suspending access to Anthropic's AI models has spurred India Inc's push for self-reliance ...More
A US directive suspending access to Anthropic's AI models has spurred India Inc's push for self-reliance in AI infrastructure. Technology leaders are calling for domestic R&D, open-source models, and semiconductor design to ensure national sovereignty and avoid dependence on external platforms. This move is seen as a wake-up call for localized AI systems. ...Less

- ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capital
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

- SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x return
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

- Policybazaar founder warns of insurance squeeze; IT's buying spree
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

- Yatra founders explore stake sale as consolidation buzz swirls in online travel
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

- Broader markets crash! Physicswallah, Coforge, other small & midcap stocks tumble up to 6%. Do you own?
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

- Digital payments, mobile economy have significant room for expansion; no slowdown in transaction growth: Paytm CEO
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

- Paytm arm to invest €9 million in European subsidiary
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

- Eternal's District ramps up sports push, eyes acquisitions
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

- Listed digital payment majors finally turn a corner in FY26
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

- Stocks in news: Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGC
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

- Big travel deals on this credit card - Rs 8000 discount on Air India flights, up to 20% off on hotel bookings & more
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

- Elevation Capital offloads around Rs 964 crore worth of shares in Paytm
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

- Paytm shares drop 4% after SAIF Partners, others likely sell stake worth Rs 960 crore
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

- Paytm block deal: SocGen, Ghisallo, Viridian among biggest buyers in Rs 964 crore stake sale
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

- Can you use UPI abroad? Here’s what Indian travellers must know about charges, limits and security risks
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

- BSE 100 rejig: Paytm, Ashok Leyland and CG Power enter index; Adani Group-owned Ambuja, 2 more exit
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

- Paytm block deal: SAIF Partners, others likely to sell stake worth Rs 963 crore, says report
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

- Ahead of Market: 10 things that will decide stock market action on Monday
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

- Buy, Sell or Hold: Citi maintains buy on Paytm; Goldman Sachs remains neutral on Infosys
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

- RBI's new draft guidelines have digital wallets feeling the pinch
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

- Sadev Ventures appoints Ishan Kansal as cofounder and managing partner
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

- Banks look risky, bet on EVs and innovators: Dipan Mehta on where to put your money now
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

- One soundbox soon for all payment apps as NPCI readies platform
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

- The 20 stocks mutual funds are buying with Rs 1 lakh crore to defy historic FII selling
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

- HDFC AMC reports cyber-security incident, activates containment protocols
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
- Fintechs trade the wild west for regulatory licences
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
- Samir Arora-backed Helios Flexi Cap Fund increases stake in Tata Motors, Eternal, Paytm, 8 others in April
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
- Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart bet
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
- Delhi Metro to add 24 extra train trips from May 18 to encourage shift from private vehicles
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
- Quant Mid Cap Fund exits Lenskart Solutions and 2 other stocks, adds SAIL in April
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
- Fintechs looking to AI to unlock opportunities, cost efficiencies
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
- Paytm shares climb 5% after Q4 results. Do Jefferies, Goldman Sachs and Bernstein see further upside?
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
- Paytm rules out NBFC licence plans
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
- Paytm, Urban Company among 10 companies with highest FII shareholding in Q4. Check full list
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
- Paytm posts first-ever annual profit of Rs 552 crore in FY26
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
- Flexi cap mutual funds see record Rs 10,147 crore inflows in April. Are investors turning cautious amid market volatility?
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 picks Paytm, Swiggy, 10 more stocks for medium-term investors. Do you own any?
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 Q4 Results: Co turns to black, logs profit of Rs 184 crore vs loss a year ago
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
- Ex-Peak XV trio raises Mettle; Fintechs go licence hunting
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
- Instant househelp orders jump; Agnikul eyes new funding
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
- AlphaGrep Mutual Fund files draft papers with Sebi for its first multi-asset allocation fund
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
- Mirae Asset Mutual Fund announces launch of hybrid long-short fund under Platinum SIF
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
- SoftBank logs $600 million paper loss on India-listed portfolio in March quarter
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
- Best aggressive hybrid mutual funds to invest in May 2026
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
- SBI margins drag PSU banks, but private banks set for comeback: Pranav Gundlapalle, Bernstein
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
- Dhan parent enters insurance broking with GreenLife Insurance acquisition
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 slips near $79,600 as broader crypto market weakens; BTC dominance stays elevated
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
- Stocks in news: BSE, Britannia, Paytm, Meesho, RIL
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
- Insurance companies see a growth path in ecommerce, fintech embedded models
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
- Mamaearth parent Honasa Consumer may become first new-age company to announce dividend
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
- Amazon primes a Blinkit showdown; New insurance models prop up
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
- Stocks in news: Paytm, Bajaj Auto, L&T, Bharti Airtel, Hero MotoCorp
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
- Gautam Adani calls for India to build, power, and own AI infrastructure on home soil
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
- Crorepati investors splurge $1 billion to buy these 10 stocks. Should you follow the smart money?
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
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earnings
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
- Goldman Sachs picks 12 alpha stocks amid record $22 billion FII exodus
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
- Gainers & Losers: Paytm, Godrej Industries among 8 big stock movers on Thursday
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
- Razorpay eyes omnichannel focus for offline push: sources
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
- PoS terminal supply squeeze; Skyroot CEO on unicorn flight
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
- Payments companies see PoS pause on war-related imports squeeze
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
- Payments bank licence cancellation won’t impact Paytm’s business: Bernstein
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
- Delhivery grants 1 lakh stock options to employees
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
- Paytm shares crash 8% as RBI cancels Paytm Payments Bank's banking license. What lies ahead?
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 Payments Bank is finished. Ashvin Parekh on what it means for your money & your Paytm app
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
- Smallcaps & midcaps rally! Firstsource Solutions, Nuvama, Godfrey Phillips, other stocks jump up to 16%
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
- Paytm Payments Bank licence cancellation: Jefferies, Bernstein and Goldman decode impact
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
- Explained: What NSE's Electronic Gold Receipts mean for yellow metal investors
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
- Godrej Consumer shares tumble 6% despite Q4 show. Should you buy, sell or hold the stock?
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
- KPIT Technologies shares slide 4% as Q4 profit falls 33% YoY to Rs 163 crore
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
- Paytm says no financial or business impact from PPBL action; services remain fully operational
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
- Can you still say Paytm Karo after RBI cancels Paytm Payments Bank licence?
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
- RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upside
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
- Ahead of Market: 10 things that will decide stock market action on Friday
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
- Smaller UPI apps to demand fresh curbs on market leaders at NPCI meet: Sources
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