In a crucial development for India’s economic landscape, Finance Minister Nirmala Sitharaman is reportedly set to present the Union Budget on 22 July. This upcoming budget is anticipat… Read More
“Sharma’s strategic move to reunite with his former allies comes at a pivotal juncture, especially with murmurs of internal discord within Paytm,” further commented a senio… Read More
Digital Payments Leader Faces Uncertainty in Strategic Overhaul
Paytm, the Indian digital payments and financial services giant, is making headlines once again, but this time for a less e… Read More
Paytm’s share in India’s unified payments interface (UPI) market has decreased for the fourth month in a row, now standing at 8.1% in May, down from 13% in January. This decline… Read More
One97 Communications addresses speculation about Adani Group chairman Gautam Adani’s potential stake acquisition in Paytm’s parent company, emphasizing compliance with SEBI regul… Read More
Gautam Adani, chairman of the Adani Group, is reportedly considering a strategic investment in One 97 Communications, the parent company of Paytm, according to a report by the Times of India… Read More
The week started with Microsoft Build, the software giant’s annual developers conference. Microsoft made a slew of announcements both on the hardware and software front. Google is exp… Read More
New Delhi, May 25 (IANS) Paytm Founder and CEO Vijay Shekhar Sharma said that India has a true momentum across growth parameters and he wants an extension of that momentum, as he cast his fi… Read More
Paytm CEO Vijay Shekhar Sharma informed shareholders that the company expects a short-term impact on revenue and profitability due to disruptions in the business during the fourth quarter… Read More
Paytm’s Q4 results affected by UPI transition and payments bank embargo, expecting Rs 500 crore EBITDA impact.
Paytm’s fourth-quarter losses rose to Rs 550 crore, up from Rs 1… Read More
The shares of Paytm have crashed about 50 per cent this year, amid high-profile exits, the RBI ban on certain businesses of Paytm Payments Bank Ltd (PPBL), and fresh reports about some lendi… Read More
Bhavesh Gupta, Paytm’s COO and President, resigned along with the key leaders of different business verticals. With a wave of resignations at the top, Vijay Shekhar Sharma, the CEO and… Read More
Apex India Foundation has launched the ‘8th Apex India Excellence Awards 2023’ in the presence of many eminent personalities from various sectors and representatives of several b… Read More
Gupta’s resignation coincides with the upcoming announcement of Paytm’s annual and fourth quarterly results. Citing personal reasons, Gupta stepped down from his role at the comp… Read More
Paytm CEO Vijay Shekhar Sharma (Photo: Bloomberg)
2 min read Last Updated : Oct 23 2023 | 7:56 PM IST
Paytm Founder and CEO Vijay Shekhar Sharma on Monday announced the launch… Read More
A month, after Paytm’s basic services were restricted under instructions from the Reserve Bank of India (RBI), Paytm Payments Bank managing director and chief executive officer Surinde… Read More
Indian digital payments company Paytm Payments Bank plans to reduce its banking workforce by nearly 20 percent as the central bank’s deadline to suspend most operations approaches and… Read More
Visionary Leaders Honoured at Business Excellence Awards 2024
Taking a step to acknowledge and honour excellence in business innovation, creativity, and leadership. Corporate Connect Magazin… Read More
On November 18, 2021, Vijay Shekhar Sharma took to the stage on the Bombay Inventory Alternate, wiping away tears as he addressed the group. His firm, One97 Communications, had simply accom… Read More
Vijay Shekhar Sharma Steps Down as Paytm Bank’s CEO
By: Geetanjali
After a restriction was put onto Paytm Payments Bank Ltd. (PPBL) transactions last month by the RBI (Reserve Ba… Read More
Introduction
The latest big news in Indian e-commerce market is about Paytm E-commerce Name Changes. In this post we will discuss about Paytm E-commerce renamed as Pai Platforms.
What… Read More
HERE are news in brief on Indian economy and business for Monday, February 26, 2024:
Embattled digital payments company Paytm on Monday confirmed its CEO Vijay Shekhar Sharma’s resigna… Read More
India’s Financial Intelligence Unit (FIU) on Friday imposed a fine of 100 million rupees. The country’s finance ministry said it has fined Paytm Payments Bank, Paytm’s bank… Read More
In response to ongoing regulatory challenges and heightened scrutiny from RBI and other regulators, Paytm-parent One 97 Communications, continues to sever various business ties with its subs… Read More
Shares of One97 Communications, the owner of Paytm, rose 10% to Rs 496.25. After founder Vijay Shekhar Sharma met RBI officials.
Paytm shares recovered after three days of losses, in the… Read More
It’s not often that you come across a company that has invented a product way ahead of its time, but has been relatively silent about it, choosing instead to deploy the device for a… Read More
A unicorn is a privately held startup with a valuation of $1 billion or above. This financial milestone raises these companies in the eyes of investors, entrepreneurs, and the general public… Read More
Walmart-backed PhonePe is set to launch its Android app store this week with zero commission for in-app purchases for developers. The app store is based on Indus OS’ tech, a company th… Read More
In a recent development, CEO Vijay Shekhar Sharma of Paytm has assured users that essential services such as Paytm QR, Soundbox, and EDC (Electronic Data Capture) will remain operational bey… Read More
Paytm Shares Continue to Slide, Hit New Low of Rs 318.05
The Reserve Bank of India (RBI) is investigating several other payments banks for possible violations of… Read More
Vijay Shekhar, the founder of Paytm, met with Union Finance Minister Nirmala Sitharaman on Tuesday to discuss the ongoing issues facing the company, according to sources.
A Paytm spokesperso… Read More
Paytm E-commerce becomes Pai Platforms Acquires Bitsila
Introduction:
Paytm E-commerce, now named Pai Platforms, has acquired Bitsila, a seller platform on ONDC, expanding its presence… Read More
Paytm, a financial technology firm in India, is in talks with top government officials to address a market rout that caused a $2.5 billion decline in its value. The Reserve Bank of India has… Read More
Paytm has been going through a tough time after RBI instructed Fintech to seize its Paytm payment bank services indefinitely. Paytm’s market value has dropped a whopping $2.5 billion i… Read More
Fintech major Paytm denies reports on violation of foreign exchange rules
Introduction
One97 Correspondences Ltd (OCL), the parent organization of fintech major Paytm, kept reports abo… Read More