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CITIGROUP PAYTM DEAL
Paytm block deal: SocGen, Ghisallo, Viridian among biggest buyers in Rs 964 crore stake salePaytm's parent company, One 97 Communications, saw Rs 964 crore in block deals on Friday. Major institutional investors like Societe Genera...
Buy, Sell or Hold: Citi maintains buy on Paytm; Goldman Sachs remains neutral on InfosysBrokerages show selective optimism across key sectors. Paytm receives a buy rating with strong lending momentum. Infosys maintains a neutra...
Paytm block deal: 2.9% equity changes hands, Antfin likely exitsAntfin (Netherlands) Holding B.V. is likely the seller of 1.86 crore shares of Paytm in a block deal, representing a 2.90% equity stake. Th...
Antfin to likely sell entire 5.84% stake in Paytm at Rs 3,800 crore via block deal: ReportAntfin (Netherlands) Holding B.V., an Ant Group affiliate, is likely to sell its entire 5.84% stake in One 97 Communications through a Rs 3...
China's Ant Group to exit Paytm: ReportChina's Ant Group plans to fully exit Indian fintech firm Paytm by selling its remaining 5.84% stake via block deals worth $433.72 million....
Paytm shares fall 5% after Ant Financial likely offloads 4.1% stake via block dealsAnt Financial, a subsidiary of Alibaba, is reportedly planning to sell Paytm shares worth ₹2,200 crore through block deals, offering them a...
Hindalco shares surge 2% after company arm Novelis files 45 million shares in IPOHindalco Share Price: Hindalco's shares surged 2% on the BSE during Wednesday's trading session, reaching a peak of Rs 695 for the day. Thi...
Paytm bank RBI crackdown may just be the start? Banks’ rush for clients set for reckoningPaytm: Indian regulators are cracking down on potential fraud in the financial sector, starting with Paytm. The Reserve Bank of India is ge...
SoftBank offloads 1.1% stake in Zomato for Rs 1,125 cr; Goldman Sachs, Fidelity among buyersAccording to exchange data, Softbank has offloaded 9.35 crore shares in the company at Rs 120.5 apiece. Through the deal, prominent investo...
SoftBank may offload $135-million worth stake in Zomato via block deal: ReportSoftBank has been gradually paring stake in Zomato post the lock-in for Blinkit deal ended in August. As of June end, the Japanese investor...
SoftBank sells 2.5% stake in PB Fintech for Rs 869 cr; Goldman Sachs, Nomura among buyersSoftBank which was one of the early investors in India's tech companies, has been gradually paring stakes in the firms. Earlier in August, ...
Antfin sells 3.6% stake in Paytm for Rs 2,037 cr; ADIA, Goldman among buyersEarlier this month, Paytm CEO entered into an agreement to acquire 10.3% through an off-market transfer from Antfin, which is an affiliate ...
IPO market braces for Omicron, US rate hike falloutAccording to Pranav Haldea, the bigger threat for IPO market is the newly detected Omicron variant and the possibility of the US Federal Re...
Vijay Shekhar Sharma's obsession with creating a record for Paytm IPO led to a bad Day 1By 11 a.m., Sharma’s long-anticipated coming out party had turned into one of the worst opening days for a blockbuster tech listing since t...
Paytm weighs scrapping pre-IPO sale plan on valuation differencesA final decision hasn’t been made and Paytm could still consider a pre-IPO sale potentially at a lower valuation. Regulators are expected t...
Ola said to pick Kotak Mahindra Bank, Citigroup for $1 billion IPOOla could seek a valuation of more than $8 billion in the IPO and could file its draft red herring prospectus by October, Bloomberg reporte...
A guide to what’s happening in the fintech revolutionIn the second quarter, India—home of mobile payments startup Paytm—surpassed China in the number of deals.
Paytm rejigs its top deck, CFO Madhur Deora named PresidentThe Citigroup veteran, who joined the digital payments company in 2016, will now oversee multiple business lines at the Noida-based firm.
Kshitij Karundia and Guru Gowrappan: Meet the Indians behind Alibaba’s tryst with IndiaThe two men are part of a triumvirate that has been assembled by Alibaba to chart out its investment strategy for India.
SoftBank’s plan to invest in Paytm hits roadblock over valuation issuesTalks on Japanese telecom major SoftBank’s proposal to invest in New Delhi-based mobile commerce company Paytm have hit a setback over valu...