Paytm aims for profitability with 'compliance-first' approach: Vijay Shekhar Sharma at AGMPaytm founder Vijay Shekhar Sharma announced at the company's 24th annual general meeting that they aim to achieve profitability soon. The ...
Paytm soars 10%, hits upper circuit after govt approves FDI proposal for payment aggregator bizPaytm FDI Proposal Approved: Shares of fintech major Paytm surged up to 10% intraday on Friday following government approval of its foreign...
Paytm gets government nod for investment in payments armThe central government has greenlit Paytm's foreign direct investment (FDI) proposal for its payment aggregator business. Paytm Payment Ser...
SoftBank's stake in Paytm slips below 1%Paytm parent One 97 Communications has reported that domestic investors and mutual funds have upped their holding in the company, in the fi...
Buy the fear! Mutual funds, FPIs hiked stake in Paytm in troublesome March quarterRetail investor's shareholding went up by 168 bps from 12.85% to 14.53% sequentially while Non-Resident Indians (NRIs) also saw an increase...
Centre examining FDI flow from China in Paytm Payments ServicesThe Reserve Bank's action against PPBL follows a comprehensive system audit report and subsequent compliance validation report of external ...
Financial Services Secretary Vivek Joshi states RBI primed to handle Paytm issueFinancial Services Secretary Vivek Joshi clarified that the Reserve Bank of India (RBI) actions against Paytm fall under the RBI's jurisdic...
Paytm wins regulator extension for payment aggregator licence applicationThe banking regulator had in November last year asked Paytm to reapply for the licence within 120 days and stopped it from signing up new o...
Paytm founder Vijay Shekhar Sharma to self-finance stake increase in insurance bizOne97 Communications founder Vijay Shekhar Sharma and two of his holding companies — VSS Holdco and VSS Networks — together will own close ...
Red herring, red flags: Top 10 takeaways from Paytm’s draft IPO filingPaytm has filed its much-awaited draft red herring prospectus for a Rs 16,600 crore initial public offering (IPO). Here are 10 key takeaway...
Exclusive: Ant Group may hit a bump post IPOs of Paytm, ZomatoAnt Group will be unable to get Paym or Zomato shares via rights and bonus issues easily due to the curbs on Chinese foreign investment int...
Calling Paytm a Chinese app because of their shareholding is absurd: Sameer Nigam, PhonePeSameer Nigam, founder and Chief Executive of PhonePe, defends Paytm and asks people not to vilify the company.
With $4 billion Chinese investment, desi startups wary of FDI-policy tweakThe move could lead to a further slowdown of FDI investments in an already tough year.
Govt asks Snapdeal, Paytm Mall to give business detailsThe government had last month asked top two e-commerce firms Flipkart and Amazon to share details of their top five sellers and total busin...
Paytm Mall closes down warehouses to cut costsThis will help the sellers on its platform to use local courier services for delivery.
RBI administers FDI policy; ED enforcing authority: DIPP to CAITDIPP, in a reply to the tweet of CAIT, said that it is responsible only for formulation of FDI policy which is notified under FEMA.
E-commerce company flouting FDI norms? Vendors protest against Paytm's cashback modelThe department of industrial policy & promotion in response to the query raised in Twitter clarified that giving discount is a prerogative ...