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
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‘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 Q1 loss widens to ₹840 cr, revenue down 36%
Fintech major says payments biz was impacted by disruption of PPBL; expects revenue and profitability to improve going forward
Zomato in talks with Paytm to buy movie ticketing biz
Zomato says discussions with Paytm are being undertaken with an intent to further strengthen the 'Going-out' business.
Paytm says not engaged in talks with Adani to sell stake
Paytm calls reports of Adani Group chairman Gautam Adani looking to buy a stake in the digital payments firm 'speculative'
Paytm shares up 4% on discontinuation of ties with Paytm Payments Bank
One97 Communications says both companies have “mutually agreed” to discontinue various inter-company pacts amid regulatory restrictions
Lack of corporate governance widens trust gap
The trust gap for Indian companies is a negative 55, while it is negative 58 for Chinese companies.
Vijay Shekhar Sharma resigns from Paytm Payments Bank board
One97 Communications withdraws all nominees from the Paytm Payments Bank board, and future business to be led by a new board
Paytm shares hit fresh all-time low
Shares of the Vijay Shekhar Sharma-led One 97 Communications hit a record low of ₹342.15 apiece in intraday trade.
RBI gave sufficient time to Paytm Payments Bank: Shaktikanta Das
Business restrictions are imposed only when constructive engagement doesn't work, RBI governor says on the regulator's action on Paytm Payments Bank.
