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SoftBank sells another 2% stake in Paytm, offloads worth Rs 3,800 crore shares in FY24

SoftBank sells another 2% stake in Paytm, offloads worth Rs 3,800 crore shares in FY24

Wed, Jan 24, 2024

The firm offloaded shares worth Rs 2,840 crore across three tranches -- May, July and December 2023 -- and the fourth tranche concluded earlier this week.

Paytm quarterly loss narrows; should you buy, sell or hold One97 stock now?

Paytm quarterly loss narrows; should you buy, sell or hold One97 stock now?

Sat, Jan 20, 2024

The target has also been raised to Rs 960 from the earlier Rs 925. The brokerage is bullish on the counter as it is of the view that Paytm is attempting to diversify.

Q3 Results LIVE Updates: Hindustan Zinc, Central Bank of India, Atul Ltd report earnings; Paytm, RBL Bank among 45 firms scheduled to post results today

Fri, Jan 19, 2024

Q3 FY24 Results LIVE Updates: Around 45 companies, including RBL Bank and Paytm, are scheduled to report their Q3 FY24 earnings on January 19. Catch all the highlights here as the earnings season gathers steam on Dalal Street.

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Paytm to invest Rs 500 crore to create digital awareness

Paytm to invest Rs 500 crore to create digital awareness

Thu, Jan 25, 2018

Paytm is hoping to cover one crore merchants across the country in the next three to six months from the existing 60 lakh merchant partners for the Quick Response (QR) code-based payments.

Patanjali ties up with etailers to push products online

Patanjali ties up with etailers to push products online

Wed, Jan 17, 2018

Baba Ramdev-led Patanjali Ayurved today announced its partnership with eight online platforms in a move to push sales of its range of products.

Aadhaar should continue adding security layers: Paytm

Aadhaar should continue adding security layers: Paytm

Wed, Jan 17, 2018

Amid the raging debate over privacy concerns related to Aadhaar, Paytm founder Vijay Shekhar Sharma today said there is a continuous need of adding more security layers in the unique identity system.

Paytm to offer investment, wealth management products

Paytm to offer investment, wealth management products

Wed, Jan 10, 2018

Paytm, run by One97 Communications Ltd, has set up a new entity called Paytm Money to offer investment and wealth management products, and will invest close to $10 million upfront in the new entity, reports Livemint.

Flipkart signs deal with Axis Bank-owned FreeCharge

Flipkart signs deal with Axis Bank-owned FreeCharge

Wed, Jan 10, 2018

This pact will also help Flipkart to maintain an edge over Paytm which is also expanding its online marketplace - Paytm Mall.

E-commerce sector rides on Digital India, note ban

E-commerce sector rides on Digital India, note ban

Sat, Dec 30, 2017

More than computer-based Internet penetration and broadband extension, the record growth of smartphones and the 4G network rollout made e-tailing popular even in secondary cities and towns across the country thanks to easy and quick access to information and data on products and services.

Paytm becomes India's first payments app to cross 100 million downloads on Play Store

Paytm becomes India's first payments app to cross 100 million downloads on Play Store

Wed, Dec 27, 2017

Paytm has become the most preferred payments app in the country today, allowing users to scan its QR and pay at large merchants, grocery and kirana stores, milk-booths, local taxi/autos fares, petrol pumps, multiplexes, restaurants and more.

Top Indian startups with valuation of over $1 billion each are on hiring spree: Report

Top Indian startups with valuation of over $1 billion each are on hiring spree: Report

Wed, Dec 06, 2017

The top Indian startups with valuation of over USD 1 billion each are on a hiring spree and more than half of all job postings by these unicorns are for fresh graduates, says a report.

Paytm eyes top spot in e-comm biz in 3-5 yrs; to infuse $2.5 billion

Paytm eyes top spot in e-comm biz in 3-5 yrs; to infuse $2.5 billion

Sun, Dec 03, 2017

Paytm E-commerce Pvt Ltd, which operates an online shopping portal for digital and physical goods, is latest to enter the e-commerce space where rivals Amazon and Flipkart are pouring in billions of dollars to boost market share.

Paytm Payments Bank offers free IMPS, NEFT, RTGS transactions

Paytm Payments Bank offers free IMPS, NEFT, RTGS transactions

Wed, Nov 29, 2017

Paytm Payments Bank account holders will also be able to earn an interest of 4 per cent on savings every month. The account holders will also be offered a free insurance cover of up to Rs 2 lakh in case of death or permanent disability according to the terms and conditions, Paytm said.

Government policies triggered economy's formalisation, says FM Jaitley

Government policies triggered economy's formalisation, says FM Jaitley

Tue, Nov 28, 2017

The Finance Minister said that initiatives such as payments banks, which help towards formalization of economy, are no longer "drops in ocean but have become general pattern in society now".

Paytm invests in lending startup CreditMate

Paytm invests in lending startup CreditMate

Tue, Nov 21, 2017

As a part of the deal, Paytm will also leverage CreditMate's proprietary credit and asset valuation technology and loan management system. Paytm is also creating a loan management system for its customers.

Paytm ties up with ICICI Bank to offer short-term digital loans

Paytm ties up with ICICI Bank to offer short-term digital loans

Thu, Nov 16, 2017

The new service will offer an interest-free short-term digital loans up to Rs 20,000 for a maximum of 45 days

Can PhonePe's new PoS be a game-changer for UPI?

Can PhonePe's new PoS be a game-changer for UPI?

Wed, Nov 01, 2017

The device is designed as an electronic calculator to make it easy for shopkeepers to use them.

Paytm's Diwali Gold Sale: Everything you need to know

Paytm's Diwali Gold Sale: Everything you need to know

Tue, Oct 17, 2017

Paytm through its sale has made it gold-buying experience even more affordable. Various offers on Paytm Gold is involved at cheaper rate along with bonus options.

BookMyShow: Is Flipkart looking to take on Paytm in online ticketing space?

BookMyShow: Is Flipkart looking to take on Paytm in online ticketing space?

Mon, Oct 16, 2017

With competition gearing up in the online ticketing space especially from Paytm, BookMyShow is looking for investment from Flipkart in order to give it space to grow.

Back to nought: Cash is slowing eating away mobile wallets' party

Back to nought: Cash is slowing eating away mobile wallets' party

Tue, Oct 10, 2017

Mobile user base growth slowed down to 9% in Q2 from a huge 23% growth in the Q1.

India has highest number of unicorn start-ups outside the US

India has highest number of unicorn start-ups outside the US

Mon, Sep 25, 2017

India currently has 9 unicorn start-up firms including Flipkart, Hike, InMobi, Ola Cabs, Paytm, ReNew Power Ventures, ShopClues, Snapdeal and Zomato.

Face of Tata group to change in next decade, Ratan Tata says

Face of Tata group to change in next decade, Ratan Tata says

Thu, Sep 21, 2017

Hinting at consolidation and possible divestments of certain businesses which once defined the group, Tata said the conglomerate may look very different in the next decade, although the 150-year-old group will always strive to retain its culture.

What can Paytm gain if the acquisition of start-ups Nearbuy, Little go through?

What can Paytm gain if the acquisition of start-ups Nearbuy, Little go through?

Tue, Sep 05, 2017

Paytm is said to be in advanced talks with Nearbuy and Little for their acquisition.

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