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.
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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.
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.
Wed, Feb 22, 2017
The resignation comes after news of Snapdeal facing problems with raising their next round of funding.
Mon, Feb 20, 2017
While the government announced the launch of Bharat QR code, Paytm announced investment of Rs 600 crore in its QR code system.
Fri, Feb 17, 2017
Reliance Capital is planning to raise $50-60 million by selling its 1% share in One97 Communications, the parent company of Paytm.
Online subscription based business news website and recently found startup, The Ken, announced on Friday that it has raised $400,000 in funds from angel investors.
Thu, Feb 16, 2017
When Paytm founder Vijay Shekhar Sharma used Prime Minister Narendra Modi as a front page cover on a newspaper for a Paytm advertisement advising people to use the e-wallet, many including political figures criticised the move.
Mobile recharge to e-wallet and e-commerce platform Paytm owner Vijay Shekhar Sharma on Wednesday announced at the Retail Leadership Summit that the company wants to get nearly one third of India’s population on its portal.
Wed, Feb 15, 2017
CEO and Founder of Paytm, Vijay Shekhar Sharma, on Wednesday at the Retail Leadership Summit said that its e-commerce wing was aiming for a ‘moon shot’ target by the end of this year.
Thu, Feb 09, 2017
According to a source, Alibaba's payment affiliate Ant Financial Services Group is planning to raise funds of about $2 to $3 billion in debt to finance its acquisition of MoneyGram International Inc.
Fri, Feb 03, 2017
An official announcement on the deal is likely to be made in coming weeks.
Mon, Jan 30, 2017
Now, Paytm's business model will be a case study at Harvard Business School.
India Post has started operations of its payments bank on Monday on pilot basis in Raipur and Ranchi.
Fri, Jan 20, 2017
The demonetisation came into play and people had to come in and deposit the money or else it would go waste, he said.
Fri, Jan 13, 2017
Post demonetisation organised retail sector is expected to post low single digit growth with varying impact across different sub-sectors in the October-December quarter of fiscal year 2016-17 (FY17), said India Ratings and Research (Ind-Ra) in its latest report on Friday.
Tue, Jan 10, 2017
A total $3.77 billion was invested in enterprise security start-ups in 2016 by VCs.
In a move to increase non-fare revenues and to promote ease of railway ticketing through digital transactions, Railway Minister Suresh Prabhu on Tuesday inaugurated several policy initiatives.
Mon, Jan 09, 2017
Homegrown global brand of power bank UIMI Technologies on Monday launched a new made in India 'UIMI U8' power bank priced at Rs 999. UIMI U8 power bank comes with battery capacity of 15,600 mAh and can charge users device for four to five times, cited the company in a press release.
In a move to provide ease to customers facing hassles at petrol pumps of tendering exact change and enable cashless payment solution, Paytm on Monday announced its partnership with over 41,000 petrol pumps across 550 plus districts in India.
Tue, Jan 03, 2017
The company has already invested Rs 220 crore in its payment bank platform.
With the government pushing the use of UPI, Paytm has added the UPI feature on its app to enable users to transfer money to their digital wallets.
The app is available in 10 regional languages, including Hindi, to make digital payments accessible to all.
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