"paytm"

Corrupt officials in Telangana are using UPI apps to collect bribes, hoping to avoid Anti-Corruption Bureau traps. ACB says such methods fail, as raids are conducted only after collecting voice recordings, bank statements, and other solid evidence

Shares of One97 Communications, Paytm’s parent, surged nearly 6% to a 52-week high after the RBI granted in-principle approval for Paytm Payments Services to operate as an online payment aggregator, lifting a 2022 ban on onboarding new merchants

Paytm is now fully Indian-owned after Ant Group exited by selling its residual 5.84 per cent stake. The move marks a major shift in the company’s ownership structure, aligning with its long-standing vision of building a homegrown tech champion

Global investment firm Bernstein has reaffirmed an ‘Outperform’ rating on Paytm, setting a target price of Rs 1,100. The report highlights Paytm’s recovery post-2024 regulations, strong merchant business, and growth potential driven by lending, cost control, and possible regulatory approvals.

SC has granted a stay on a Rs 5,712-crore GST notice sent to fintech firm One97 Communications-owned real money gaming platform First Games

The multi-dimensional analytical tool, developed as part of the Digital Intelligence Platform (DIP), empowers financial institutions with advanced actionable intelligence for cyber fraud prevention

The stock dropped 4.99 per cent to Rs 823.10 on the BSE. At the NSE, it tanked 4 per cent to Rs 830.55. Ant Group is likely to offload up to 4 per cent stake worth about Rs 2,066 crore in One97 Communications, according to sources

The notice, received on April 28, 2025, relates to an ongoing Goods and Services Tax (GST) matter that has been under review across the online gaming industry for over 18 months.

The outage started around midday, prompting a surge of complaints on social media and Downdetector, a platform that tracks service disruptions in real time. At the height of the issue, Downdetector logged more than 2,300 reports—81% related to failed payments and 17% linked to problems with fund transfers. Major banking apps from SBI, ICICI, and HDFC were also affected, pointing to a broader issue within the UPI network infrastructure.

Paytm said it has received notice from ED for alleged FEMA violations by the company and its two subsidiaries — Little Internet and Nearbuy

The charges are imposed on bill payments such as electricity and gas bills made using the platform. The fee ranges from 0.5% to 1% plus GST

Post the FDI nod, company awaits RBI approval for aggregator licence

The fintech company had posted a loss of Rs 221.7 crore in the third quarter of FY24

The water board said the government has announced the OTS scheme to pay long pending water bills and if the users pay the principal amount, they get concession on late fee and interest

HCA president Jaganmohan Rao said tickets from Rs 750 to Rs 15,000 will be available on the Paytm insider website/App.

According to Dilip Asbe, Managing Director and CEO of the National Payments Corporation of India (NPCI), credit card spending via UPI has reached ₹10,000 crore per month. He also noted that credit lines on UPI accounts have reached around ₹100-₹200 crore, with the remainder coming from the RuPay credit card on the UPI platform.

The officials said the QR code bills would be introduced in all the districts under the NPDCL jurisdiction in a phased manner in the coming days.

TGSPDCL planning to print QR code on electricity bills to make payments; sources say bills with QR code will be available from next month

Says discussions under way but no binding decision taken yet

The company attributed the growth to GMV growth, device additions, and growth in the financial services distribution business.