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MERCHANT SHAREHOLDING PROGRAM
Temu-owner PDD tops quarterly revenue estimates as competition squeezes marginsAlong with the need to keep prices low in China, PDD's margins have been under pressure in recent quarters due to a multibillion-dollar inv...- Uber shocks Wall Street with massive $20 billion buyback: What it means and why companies do itUber's second-quarter results exceeded expectations, with an 18% revenue increase and a matching earnings per share forecast. The company a...
- UPI transactions rebound in July after June dipThis uptick in value and volume comes amid discussions on the cost of processing UPI transactions. Banks are beginning to levy charges on c...
- UPI sees marginal dip in June transactions, value down 4%Despite the monthly dip, UPI transactions in June were up 32% in volume and 20% in value compared to the same month last year. The average ...
- NPCI reports 42% jump in FY25 profit; revenue grows to Rs 3,270 croreNPCI generates revenue primarily by operating digital payment infrastructures such as UPI, IMPS (Immediate Payment Service), AePS (Aadhaar-...
- Paytm shares rally over 5% as brokerages raise target price on Zomato dealPaytm Share Price: Shares of One 97 Communications (Paytm) surged 5.5% to Rs 604.45 on the BSE after brokerages raised their target prices ...
- Sebi's new share buyback rules: Key takeaways for investorsEarlier a company was prohibited from buying its own shares. In 1998-99, the laws changed, both the Companies Act and Sebi guidelines made ...
- Zomato says B2B vertical could top food delivery; startup CEO draws flak for touting 18-hour workThe company also reiterated its focus on growing its topline and reassured shareholders about its path to profitability.
- BharatPe to launch Merchant Shareholding Program for its merchant partnersThe company will be rolling out this program to its 7.5 million+ existing merchant partners and extend this to new merchants who join it.
- Paytm IPO subscribed 18%, SoftBank’s Son calls it ‘great event’The largest-ever public issue in the history of Indian capital markets opened today. By the end of the day, Paytm’s Rs 18,300 crore IPO was...
- BharatPe to give fintechs platform with PMC playBharatPe has said that partnering Centrum Finance in a new bank, as part of the PMC Bank rescue, will enable it to provide a tech platform ...
- Sebi clears decks for LIC IPO with changes to minimum offer normsSebi said that for issuers with post-issue market capital exceeding Rs 1 lakh crore, the need for minimum public offer will be reduced from...
- SBI may use Yono, SBI Cards’ strengths to take on NPCI“In any payment system, the State Bank of India is the largest player. We have multiple offerings including one of the largest card issuanc...
- SBI Card has a ‘buy’ call with a price target of Rs 1,191!The price target is much higher than the premium the market for unlisted shares is assigning to the stock.
- Our aim is to reach 250 million users: Upasana Taku, co-founder, MobiKwik"We will double down on our fintech scaleup in 2020 to make FY2021 our first full year of profitable growth. Once we hit this milestone, we...
- BSE shareholders vote for listing; dilution of stake via OFS"The shareholders have voted on the proposed IPO/OFS by the exchange and the results would be out in next three days."
- BSE plans to sell up to 30% stake in IPOBSE has already appointed Edelweiss Financial Services as the lead merchant banker and AZB & Partners and Nishith Desai Associates as legal...
- BSE plans to file IPO papers with Sebi in JulyFor the entire fiscal 2015-16, the exchange's net profit slumped 38 per cent to Rs 96.74 crore. However, income for the period rose to Rs 6...
- Is Ramesh Vengal still a shareholder in Tamilnad Mercantile Bank?The Tamilnad Mercantile Bank(TMB) board, which has dealt with ownership tussles and feuding stakeholders, is at a loss on how to deal with ...
- Google's `half-baked' Paypal rival's outAfter months of speculations and leaked screenshots, Checkout, Google's rival to eBay's well-entrenched online payment system Paypal, has f...
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