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PAYTM 2023 DISCLOSURE
Paytm management gets Sebi show cause notice over timing of 2023 loan disclosure announcementPaytm management has received a Sebi show-cause notice over the timing and classification of information disclosed in a December 2023 corpo...
Paytm senior executives get Sebi notice for 'timing' of 2023 regulatory disclosureThe Sebi notice, dated August 11, has asked the executives to explain the timing of a disclosure the company made on December 6, 2023, when...
Samir Arora-backed Helios Flexi Cap Fund increases stake in Tata Motors, Eternal, Paytm, 8 others in AprilHelios Flexi Cap Fund, backed by Samir Arora, boosted its holdings in Tata Motors, Eternal, and Paytm during April. The fund also increased...
Samir Arora-backed Helios Flexi Cap Fund adds nearly 13 lakh shares of HDFC Bank, exits IOC & HPCLSamir Arora-backed Helios Flexi Cap Fund significantly increased its stake in HDFC Bank, adding nearly 13 lakh shares amidst a price declin...
China out of Paytm; White-collar walls crumbleChina's Antfin is ending its decade-long association with Paytm, selling its remaining stake in the Indian digital payments platform. This ...
Paytm parent One 97 Communications reports significant impairment provisions, ESOP cancellation in Q1One 97 Communications, Paytm's parent company, reported a net profit of Rs 122.5 crore in Q1 FY26, a significant turnaround from the previo...
Paytm issues clarification on Sebi show-cause notice, says not a new developmentOne 97 Communications, the operator of Paytm, said that the show-cause notice related to founder Sharma's classification as a promoter was ...
Paytm gets government panel nod to invest in payments arm, sources sayThe approval still has to be vetted by the finance ministry, which will remove the main stumbling block to the unit, Paytm Payment Services...
Digit to go public on May 15, looking to raise Rs 1,125 croreDigit's upcoming IPO on May 15 aims to raise Rs 1,125 crore, delayed by Sebi compliance issues. Valued at $4 billion, Digit faced fines fro...
Tata chip unit gets Cabinet nod; Sridhar Ramaswamy named Snowflake CEOThe Rs 91,000-crore project will be set up in Gujarat’s Dholera district in partnership with Taiwanese Powerchip Semiconductor Manufacturin...
Startup founders’ worth & stock markets; Paytm bank user plaints spikeStartup founders have seen their fortunes fluctuating over the past 12-14 months, in tandem with the stock market performances of their scr...
User complaints spiked at Paytm Payments Bank even before RBI actionDuring FY23, Paytm Payments Bank reported 66,751 complaints across multiple categories, two-and-a-half times more from the previous year wh...
RBI's draft rules on fintech SRO; Pixxel unveils mega facilityThe main idea behind the guidelines is to empower the fledgling sector to function and innovate responsibly even in the absence of formal r...
Paytm monthly users increase by 19% to 9.3 croreSequentially, the company saw merchant subscriptions increase by about 4 lakh in July 2023, Paytm said in a filing.
Apple teases its first owned store in India; Sebi’s promoter tag push queers pitch for startupsIndia has been one of the company’s consistent growth markets. The country features prominently in Apple’s plans to diversify its manufactu...
India's IPO fundraising halves in FY23; two debutants deliver multibagger returnsMeanwhile, slowing down the trend of internet companies hitting the markets, only one new-age tech startup Delhivery made its debut this fi...
RBI grants payment aggregator licence to 32 entities; Paytm Payments Bank launches UPI LiteA total of 32 entities have received in-principle approval for payment aggregator licence from the Reserve Bank of India. The list includes...
MeitY ban on loan apps includes non-Chinese players too; Dell to lay off 6,650 employeesOn Sunday, the Indian government issued orders to block 138 betting and gambling apps and 94 loan providing apps due to foreign links on an...
Vijay Shekhar Sharma buys 1.7 lakh shares of Paytm worth Rs 11 crAs per regulations, Sharma was not allowed to buy shares for at least six months being a selling shareholder in Paytm's IPO and now, with t...
Paytm sticks its neck out; Swiggy, Zomato take enforced lunch breakPaytm’s parent firm One97 Communications is looking to break even on earnings before interest, taxes, depreciation, and amortisation (Ebdit...