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
Without the exception gains, Paytm's loss for the said quarter stood at ₹495 crore, up 70% compared to the same quarter last year
The shares of One97 have seen a major erosion in value after the RBI's stringent action against its former associate entity, Paytm Payments Bank, on January 31, 2024
Shares of the Paytm parent One 97 Communications tank 5% to hit a record low of ₹317.45.
Paytm president and chief operating officer Bhavesh Gupta has decided to resign due to personal reasons.
NPCI on Thursday approved Paytm parent One97 Communications' application to participate in UPI as a third-party application provider (TPAP).
One97 Communications says both companies have “mutually agreed” to discontinue various inter-company pacts amid regulatory restrictions
Two major developments in the past week have fuelled a rally in stock hit by RBI’s latest decision against its associate entity
Key positive developments in the past week have soothed investor sentiments around the stock
Shares of the Vijay Shekhar Sharma-led One 97 Communications hit a record low of ₹342.15 apiece in intraday trade.
Former SEBI chairman M Damodaran-led panel will work with the Paytm Board in further strengthening compliance and regulatory matters