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PAYTM PAYMENTS BANK LICENCE REVOKED
Easebuzz FY26 revenue rises 10% to Rs 723 crore; profit drops 41%Profit after tax fell 41% to Rs 11.15 crore from Rs 18.77 crore in FY25. The value of payments processed by the company, however, rose abou...
Emirates now accepts cryptocurrency for flight bookings; here's how it worksEmirates has launched Crypto.com Pay as a payment option on its website and mobile app, allowing eligible UAE residents to pay for flight b...
Delhi HC orders winding up of Paytm Payments Bank, appoints former SBI official as liquidatorThe Delhi High Court has issued a ruling for the liquidation of Paytm Payments Bank Ltd, following the Reserve Bank of India's decision to ...
Delhi High Court orders winding up of Paytm Payments Bank after RBI licence cancellationPaytm Payments Bank Limited is set for closure as per the directive from the Delhi High Court, resulting from the Reserve Bank of India's e...
More layoffs at Krutrim; PhonePe vs PaytmHappy Tuesday! Ola’s AI startup Krutrim has conducted another round of layoffs, sources told us. This and more in today’s ETtech Morning Di...
ETtech Explainer: Why PhonePe’s UPI lead lags Paytm’s profitsPhonePe's revenue grew while its net loss widened significantly in FY26. Paytm's revenue increased and it achieved profitability against a ...
File your ITR for just Rs 11: Paytm partners with ClearTax; here's how you can file income tax returnITR filing: Paytm users can now file Income Tax Returns directly through the app. This service is available starting at an affordable price...
PhonePe FY26 losses surge 62% to Rs 2,792 crore, revenue up 11%Walmart-owned fintech company PhonePe has posted an 11% increase in its operating revenue for fiscal 2026 at Rs 7,920 crore. Its net loss, ...
Fintechs tell NPCI its 'default app' plan could kill competitionSeven Indian fintech firms have written to NPCI regarding its UPI Meta protocol. They argue the proposed framework risks locking customers ...
Jackson Labs seeks restoration of its licenceThe cancellation issued by the Punjab government followed reports that five women in Kota, Rajasthan, died after allegedly being administer...
Paytm attracts more Gen Z users as its UPI payments growth outpaces industryPaytm's app enhancements and AI features are attracting new Gen Z customers. The company's UPI payments business grew over double the indus...
Paytm told to pay over Rs 20,000 after flight ticket refund failed to reach customerA consumer commission ordered Paytm to refund a cancelled flight ticket. The airline had already sent the refund amount to Paytm. Paytm fai...
Paytm to monetise in-house AI tools, sharpen wealth pushFounder and chief executive Vijay Shekhar Sharma said some AI products had already started generating a few lakh rupees in revenue. The com...
EbixCash becomes first non-bank entity to get RBI nod for trade remittancesEbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...
Paytm shares gain 3% after Q1 results. What are Goldman Sachs, Citi and CLSA saying?Paytm shares rose 2.7% after the fintech firm reported a 79% year-on-year jump in Q1 consolidated net profit to Rs 220 crore. Revenue from ...
Paytm calls off its first-ever bonus issue proposal. Here’s what management saidPaytm parent One 97 Communications has shelved its proposed first-ever bonus share issue for now, opting to focus on business growth and im...
Paytm Q1 profit jumps 79%; board shelves bonus share proposalPaytm's earnings before interest, taxes, depreciation and amortisation (Ebitda) rose 182% year-on-year to Rs 203 crore during the quarter. ...
Paytm board shelves bonus issue, prioritises growth and profitabilityThe board discussed the proposal at its meeting on July 20 before deciding not to take it forward “at this time”, the company said in a sto...
Paytm likely to announce its first-ever bonus issue today: What lies ahead for its 7.5 lakh retail shareholders?Paytm's parent company will announce its first bonus share issue today. This announcement coincides with the release of its Q1 FY27 earning...
Paytm board to consider first bonus issue on July 20The proposal is yet to be approved and will require the necessary clearances, the company said in a stock exchange filing. Paytm has not di...