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Tuesday, January 21, 2025 | 09:42 PM ISTEN Hindi

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Paytm Founder Vijay Shekhar Sharma

Former directors of Paytm settle matter with Sebi for Rs 3.32 crore

Matter pertains to benefits paid to Vijay Shekhar Sharma and lapse in identifying promoter

Former directors of Paytm settle matter with Sebi for Rs 3.32 crore
Updated On : 17 Jan 2025 | 11:22 PM IST

Why is Paytm's Vijay Shekhar Sharma being trolled over Ratan Tata tribute?

The Paytm CEO faced criticism for a specific remark on late Ratan Naval Tata, leading him to delete his post, a screenshot of which has since gone viral on X

Why is Paytm's Vijay Shekhar Sharma being trolled over Ratan Tata tribute?
Updated On : 11 Oct 2024 | 9:48 AM IST

Paytm partners with Axis Bank to provide payment technology solutions

Fintech will provide point-of-sale and card machines to the private sector lender

Paytm partners with Axis Bank to provide payment technology solutions
Updated On : 23 Jul 2024 | 11:58 AM IST

Paytm stock up 15% in two days on BSE amid heavy volume; what's happening?

In the past one month, Paytm stock has outperformed the market by zooming 25 per cent, as compared to 4.5 per cent rise in the BSE Sensex, data shows

Paytm stock up 15% in two days on BSE amid heavy volume; what's happening?
Updated On : 08 Jul 2024 | 1:25 PM IST

Paytm considering reduction of workforce by 20% amid rising employee costs

During FY23, the company maintained an average of 32,798 employees on its rolls, with 29,503 actively engaged

Paytm considering reduction of workforce by 20% amid rising employee costs
Updated On : 24 May 2024 | 9:41 AM IST

Paytm Payments Bank board is independent, says CEO Vijay Shekhar Sharma

Paytm Payments Bank's parent is One 97 Communications, popularly known as Paytm for its digital payments app. One97 owns 49% in the payments bank, while Sharma holds the remaining 51%

Paytm Payments Bank board is independent, says CEO Vijay Shekhar Sharma
Updated On : 22 Apr 2024 | 6:12 PM IST

Paytm denies deferral of approval or fine on payments services arm

The company added that investor Ant Financial did not have any board representation or special rights

Paytm denies deferral of approval or fine on payments services arm
Updated On : 16 Apr 2024 | 9:48 PM IST

Paytm PB MD & CEO Surinder Chawla resigns due to personal reasons

Chawla was appointed as managing director and CEO of Paytm Payments Bank in January 2023 after it received a nod from RBI

Paytm PB MD & CEO Surinder Chawla resigns due to personal reasons
Updated On : 09 Apr 2024 | 9:35 PM IST

SoftBank Group sells another 2% stake in crisis-hit Paytm to under 3%

The Japanese conglomerate held a 17.5% stake in Paytm in September 2022. Since then, it has trimmed its ownership through multiple open market deals

SoftBank Group sells another 2% stake in crisis-hit Paytm to under 3%
Updated On : 29 Feb 2024 | 1:57 PM IST

Vijay Shekhar Sharma steps down from Paytm Payments Bank board amid crisis

The development comes weeks after the Reserve Bank of India (RBI) imposed severe restrictions on the payments bank's operations

Vijay Shekhar Sharma steps down from Paytm Payments Bank board amid crisis
Updated On : 26 Feb 2024 | 10:51 PM IST

Ant Financial's stake value declines to Rs 2,742 crore on Paytm woes

The Chinese company, however, had sold its stake worth Rs 8,293 crore in three tranches over the one year thus saving a major part of its portfolio from the meltdown

Ant Financial's stake value declines to Rs 2,742 crore on Paytm woes
Updated On : 12 Feb 2024 | 11:43 PM IST

RBI to issue FAQs on Paytm Payment Bank to address customers' concerns

To address various issues of customers of beleaguered Paytm Payments Bank Ltd (PPBL), the Reserve Bank will issue a set of FAQs (Frequently Asked Questions) this week. "Wait for FAQ that will have a set of clarifications related to customers of PPBL as our priority is customers should not be inconvenienced. Customer interest and depositors interest is uppermost for us," RBI Governor Shaktikanta Das said after the Finance Minister's customary address to the central bank's board. In a major action against Paytm Payments Bank (PPBL), RBI, on January 31, directed it to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other instruments after February 29. Asked if the deadline of February 29 would be extended, Das said, Wait for the FAQ. "Don't expect review of RBI's decision in FAQ. FAQ will address issues related with depositors, customers, wallet users, FASTag holders. Whatever is in the customers' interest that we are dealing in FAQ," he said. Earlie

RBI to issue FAQs on Paytm Payment Bank to address customers' concerns
Updated On : 12 Feb 2024 | 6:37 PM IST

Paytm rebounds 19% from record low amid heavy volumes

The stock hit a new low at Rs 395.50 in intra-day deals on Tuesday, and then rebounded into the positive zone for the first time in last four trading days.

Paytm rebounds 19% from record low amid heavy volumes
Updated On : 06 Feb 2024 | 10:48 AM IST

Paytm Payments Bank and RBI ban: What went wrong and the story so far

RBI Paytm Payments Bank news: After the ban announced on January 31, the shares of One97 Communications Ltd have fallen over 43% and are near their all-time low

Paytm Payments Bank and RBI ban: What went wrong and the story so far
Updated On : 06 Feb 2024 | 10:18 AM IST

Paytm plunges 42% in 3 days; erodes nearly Rs 20,500 crore in market value

Paytm's market capitalisation has eroded by Rs 20,497 crore in 3 days, while from its all time high level of Rs 1.24 trillion, the m-cap has been wiped off by nearly Rs 1 trillion

Paytm plunges 42% in 3 days; erodes nearly Rs 20,500 crore in market value
Updated On : 05 Feb 2024 | 10:08 AM IST

Fintech major Paytm denies any ED investigation into money laundering

Meanwhile, the company has cautioned against speculation on reasons that prompted the Reserve Bank of India (RBI) to take action against Paytm Payments Bank

Fintech major Paytm denies any ED investigation into money laundering
Updated On : 05 Feb 2024 | 12:25 AM IST

ED to probe Paytm Payments Bank if charges of fund siphoning found

The (RBI) on Wednesday ordered the payments bank unit of One 97 Communications, popularly known as Paytm, to stop accepting fresh deposits in its accounts or popular wallets from March

ED to probe Paytm Payments Bank if charges of fund siphoning found
Updated On : 03 Feb 2024 | 3:11 PM IST

Paytm's billionaire founder-CEO bets on young wealth to hit profit sooner

Billionaire founder-CEO Vijay Shekhar Sharma is overhauling its suite of money management products to better tap growing wealth among younger users, who're warmer to the idea of investing online

Paytm's billionaire founder-CEO bets on young wealth to hit profit sooner
Updated On : 20 Dec 2023 | 1:57 PM IST

Sharp downgrades likely to keep Paytm stock under pressure in market

The buy now, pay later (BNPL) business may moderate sharply with disbursements down by 15-18 per cent

Sharp downgrades likely to keep Paytm stock under pressure in market
Updated On : 07 Dec 2023 | 11:44 PM IST

IiAS raises question on Vijay Shekhar Sharma's promoter status in Paytm

IiAS has asserted that the deal not only demonstrates investors' faith in Sharma but also highlights regulatory gaps in the definition and distinction between a founder and a promoter

IiAS raises question on Vijay Shekhar Sharma's promoter status in Paytm
Updated On : 09 Aug 2023 | 10:58 PM IST