New Delhi: One 97 Communications, which operates under Paytm brand, has reappointed its founder Vijay Shekhar Sharma as managing director (MD) and chief executive officer (CEO) till December 18, 2027. We wish to inform you that based on the recommendations of the Nomination and Remuneration Committee and subject to the approval of shareholders, the Board […]
Billed as the mother of all IPOs, the upcoming public offer of the Life Insurance Corporation (LIC) could prove crucial for the government’s efforts to meet the disinvestment targets. However, there seems to be no appetite for such mega issues as it comes amid challenging times with markets being volatile and foreign portfolio investors (FPIs) […]
New Delhi: The central bank’s recent decision to create a discussion paper on digital payment charges has left a murmur in the markets, especially on its potential impact on banks and digital payment players like Paytm. However, analysts said on Monday that the recently-listed Paytm is unlikely to get impacted with these charges. “The digital […]
Hyderabad: Two persons who duped traders using a spoof Paytm app were arrested by the Vanasthalipuram police on Monday. According to the police, Mohammed Shoeb (20) and Battala Shiva (24), both residents of Ibrahimpatnam, went to different stores and purchased items. Later, they pretended in front of the shopowners that the money was transferred through […]
Amaravati: The State government has entrusted the job of distribution of movie tickets to Andhra Pradesh Film Development Corporation (APFDC). A GO was issued on Sunday to this effect and accordingly, sale of cinema tickets will now be taken up on lines of the IRCTC. Hitherto, the tickets were sold online through apps like Paytm. […]
Mumbai: Paytm became the largest initial public offering (IPO) launched in the Bombay Stock Exchange (BSE), as its parent company, One97 Communications, on Thursday launched its IPO with the value of Rs 18,300 crores. However, amid weak market sentiments, immediately after the launch, the shares of Paytm traded in the red zone and fell over […]
New Delhi: Facebook-owned WhatsApp, which kicked off its ambitious peer-to-peer (P2P) digital payments pilot project in India in 2018 with nearly 10 lakh users, has failed to make it a success ever after more than three years of its inception, as the transaction value of Unified Payments Interface (UPI) payments continues to break all records […]