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Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
Stocks in news: Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGCIndian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move higher. Premier Energies saw a larg...
Paytm arm to invest €9 million in European subsidiaryPaytm's European payment arm is set to receive a significant boost. Paytm Cloud Technologies will invest nine million euro into its subsidi...
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% despite broader market weakness. Gains w...
Paytm posts first-ever annual profit of Rs 552 crore in FY26Digital payments major Paytm achieved its first full year of profit in FY26, reporting a net profit of Rs 552 crore. This turnaround was dr...
SBI cards sells Rs 1,800-crore bad loans to Integro FinservSBI Cards has taken a bold step in fortifying its financial health by offloading a considerable portion of its stressed credit card debt, v...
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 Bank of India's unexpected move to ...
RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upsideThe RBI has cancelled Paytm Payments Bank's license due to regulatory non-compliance, citing detrimental operations and prejudiced manageme...
Paytm says no financial or business impact from PPBL action; services remain fully operationalPaytm 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...
RBI cancels Paytm Payments Bank licenceIn a release, the central bank said Paytm Payments Bank can no longer conduct banking business under the Banking Regulation Act.
Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
Paytm's UAE-based arm to sell 49% stake to Emmar Properties founder firm AGOHLPaytm Arab Payments has approved selling a 49 percent stake to Abbar Global Opportunities Holdings Limited. This deal is valued at approxim...
Paytm sets up units in Indonesia, Luxembourg; sells 49% stake in UAE armThe proposed entities will focus on expanding the distribution of Paytm’s technology-led merchant payments and financial services stack thr...
Paytm brings entities under direct ownership to simplify its structurePer the terms of the restructuring, Paytm will acquire stakes from its founder, Vijay Shekhar Sharma, and his entities in subsidiaries, inc...
Paytm parent restructures to bring financial, tech entities under direct ownershipPaytm's parent company, One 97 Communications, is undergoing a major internal restructuring. The company will bring several financial and t...
One 97 Communications approves investments in subsidiaries via rights issueOne 97 Communications, the parent company of Paytm, has approved investments in its subsidiaries through a rights issue, enabling the compa...
Paytm appoints Adani Infra subsidiary as EPC contractor for Noida IT facilityOne 97 Communications, Paytm's parent company, has selected Manorview Developers, an Adani Infrastructure subsidiary, as the EPC contractor...
Paytm gets show cause notice from ED over alleged Fema violationsThe non-compliance identified by the ED amounts to approximately Rs 245 crore in OCL, Rs 345 crore in Little Internet, and Rs 20.9 crore in...
Paytm to transfer online payments biz to subsidiaryRBI guidelines for regulation of payment aggregators (PAs) requires their business to be regulated and run by a separate company, after obt...
Paytm arm gets IRDAI’s brokerage licencePaytm Insurance Broking plans to offer insurance products across categories including automotive, health and life. It will also offer custo...