Shares of One 97 Communications, operator of Paytm, fast gave up their starting profits on December 14 and traded decrease regardless of the employer’s board approving a Rs 850 crore proportion buyback plan on December 13. The employer stated that it’s going to purchase again as much as 10.5 million […]
Tag: PayTm
Paytm board to decide on share buyback on December 13
One 97 Communications Limited, the figure entity of Vijay Shekhar Sharma-promoted Paytm, will preserve a board meet on December thirteen to bear in mind a suggestion for a percentage buyback, the fintech main disclosed to the exchanges on December 8. “Pursuant to Regulation 29 of the Securities and Exchange Board […]
Paytm Payments Bank has not appointed the company for the audit, the government told Lok Sabha
Paytm Payments Bank has not yet appointed the company to conduct an audit of the Information Technology System (IT), the Ministry of Finance has told parliament. “RBI (Bank of India’s backup) has further informed that Paytm Payments Bank Limited has not appointed an IT audit company to conduct a comprehensive […]
Volatile Paytm Stock as a broker mixed on yield
Owner of the Owner of Paytm One97 Communications Ltd. Volatile on Monday after many brokers remained mixed with the company’s December quarter income. Stock down as much as 5% in the opening before going up 3%. At 10:20 a.m., the script was traded at Rs 969 in BSE, up 1.7% […]
Paytm claws back after slipping below Rs 1,000 for the first time since listing
Shares of Paytm proprietor One97 Communications on Friday recovered losses after slipping beneath Rs 1,000 for the primary time considering the fact that listing. The stock, declining for the 9th consecutive session, hit a file low of Rs 995 a percentage withinside the starting however recovered losses quickly to head […]
Paytm CEO Spent 90 Minutes On A Call With Investors After Turbulent Debut
After the Turbulen debut for the company behind the largest initial public offering in India, Paytm’s top executive spent 90 minutes with calls with investors and analysts on Saturdays because they dissected their business models and ask questions about monetization. Whether the official has done enough to ease doubts about […]
Paytm Q2 results: Net loss widens, company says maintained growth momentum
Communication ONE97, Paytm digital payment parent company, announced the second quarter financial results (ended September 30) on Saturday, where he said that the net loss widened by 8.4 percent to ₹ 474 Crore, from ₹ 437 years ago. Paytm also saw its income up 64 percent year-to-year, driven by non-UPI […]
Paytm’s Vijay Shekhar Sharma In Tears On Listing Day
New Delhi: Founder of Paytm Vijay Shekhar Sharma changed emotionally during his speech at the Bombay Stock Exchange, or BSE, on the company’s market debut this morning, after completing the initial public offering, or the largest IPO in India. In the visual, Sharma was seen wiping tears with a handkerchief […]
“What Is This Paytime?” His Dad Asked. Paytm IPO Made Him A Millionaire
New Delhi: Electronics engineer Siddharth Pandey becomes a millionaire after the country’s largest ever public issue, however he says he had to conquer his father’s competition to enroll in fintech corporation Paytm while it became a fledgling start-up 9 years ago. About 350 cutting-edge and ex-personnel will every have a […]
Harsh Goenka boosts Vijay Shekhar Sharma as Paytm IPO sees sluggish response
Hard Goenka, chairman of the RPG company, has a generous words of praise for the founder of Paytm Vijay Shekhar Sharma because the digital payment platform is conducting an initial public offering (IPO) – the largest in India – this week. Industrialists praised Sharma because of how far he came […]