Paytm shares surge 6% on getting NPCI nod to onboard new UPI users
Adherence to all NPCI guidelines, covering risk management, branding, multi-bank rules, market share, and customer data, is mandatory
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From Hyundai to LIC to Paytm: All big IPOs failed on market debut; here’s why
Historical data suggest that all big IPOs such as LIC, Paytm, GIC Re, SBI Cards, Reliance Power, and The New India Assurance registered losses on listing day.
Paytm records ₹928 cr profit on ticket biz sale in Q2; revenue down 34%
Without the exception gains, Paytm's loss for the said quarter stood at ₹495 crore, up 70% compared to the same quarter last year
Paytm to reapply for PA licence, leverage AI to scale biz: Sharma at AGM
Vijay Shekhar Sharma says the last six months were full of learning for the fintech; promises to move forward with a “compliance first business” approach
Paytm shares surge 5% as FinMin approves investment in payment arm
Following this approval, Paytm Payments Services (PPSL) will resubmit its application for a payment aggregator licence to the Reserve Bank of India (RBI).
‘Not new development’: Paytm clarifies on SEBI notice reports; shares up 2%
SEBI issued a notice to Vijay Shekhar Sharma and others about certain classifications in its 2021 IPO. Paytm said it’s in compliance with rules
Paytm shares surge 5% after ₹2,048-cr deal with Zomato
Acquisition of Paytm's movie and events ticketing business will allow Zomato to expand in 'going-out' segment, while Paytm to shift focus on core financial services
Zomato to acquire Paytm's entertainment ticketing arm for ₹2,048 cr
As part of the deal, Paytm will transfer its ticketing businesses, TicketNew and Insider, along with 280 existing employees, to Zomato.
Paytm launches NFC Card Soundbox; stock surges for 2nd day straight
The new payment device combines NFC technology with mobile QR payments, which will also work as a device for card payments to offline merchants
Paytm shares jump 10% on investment approval
Shares of Paytm parent One 97 Communications hit a high of ₹508.85 on the BSE.
