Thu, May 16, 2024
The inclusion is part of MSCI's routine review aligning with evolving market conditions, set for May 31, 2024. MSCI (Morgan Stanley Capital International) is a global leader in equity, fixed-income, and hedge fund indices.
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Mon, May 13, 2024
The company partnered with leading Payment System Providers (PSPs), such as Axis Bank, HDFC Bank, State Bank of India (SBI), and YES Bank that will ensure a robust and reliable framework for your UPI transactions, facilitating seamless and uninterrupted payment experiences.
Thu, May 09, 2024
In the stock filing, Paytm asserted that it acts as a distributor of loans, and does not provide a First Loss Default Guarantee (FLDG) or other loan guarantees to lending partners.
Tue, Nov 15, 2022
Paytm share price: About 86 percent of Paytm's shareholding, or about 55.6 crore shares, were to be released from the anchor lock-in IPO period.
Except Paytm and Nykaa - Zomato, PB Fintech, and Delhivery have narrowed their losses on both YoY and quarter-on-quarter basis.
Stock Market UPDATES: In the 50-stock Nifty50, 36 stocks advanced while 14 declined. The top gainers were Power Grid, ONGC, ICICI Bank, Bharti Airtel and Hero MotoCorp. The top losers were HDFC Life, Grasim Industries, Cipla, ITC and UPL
Paytm while releasing its Q2 results said that merchant subscriptions is an attractive profit pool, driving higher payment volumes, subscription revenues as well as merchant loan distribution.
Mon, Nov 14, 2022
Sharma in his letter, which also shared Paytm’s performance matrix for the month of October, said that the company is scaling up its lending business which has huge demand in the country.
Thu, Nov 10, 2022
Paytm's net payments margin stood at Rs 443 Cr, an increase of 15% QoQ and 428% YoY, driven by greater monetization and ongoing improvements in payment processing charges.
Wed, Nov 09, 2022
Paytm: Will the stock recover or fall? What are the bullish and bearish arguments of Paytm? How will Paytm move ahead? Know from Varun and Nupur.
Paytm share price NSE, Paytm share price target 2022: Paytm's consolidated revenue from operations increased by about 76 per cent to Rs 1,914 crore during the reported quarter from Rs 1,086.4 crore in the September 2021 quarter.
The company has reported a widening of consolidated loss to Rs 593.9 crore in the second quarter ended September 30, 2022
Tue, Nov 08, 2022
The company had posted a loss of Rs 481 crore in the same period a year ago, Paytm said in its regulatory filing.
Mon, Nov 07, 2022
The company said its net payment margin (calculated as payments revenues plus other operating revenues, less payment processing cost) stood at Rs 443 crore, up 428% YoY.
Wed, Oct 19, 2022
The SAAS model, backed by Paytm’s growing merchant network and device deployments, has led to strong overall business growth, driven by higher payment volumes and subscription revenues, besides increasing the funnel for our merchant loan distribution
Thu, Oct 13, 2022
UPI is now the preferred mode of payments at the stores for small transactions and with govt push for digital payments, there will be a severe dent in the usage of debit and credit cards for transaction.
Wed, Oct 05, 2022
While Goldman Sachs in its report said that Paytm is well-positioned given its industry-leading scale and engagement. In the last few quarters, Paytm has been able to rapidly increase cross-sell on its platform, resulting in improving profitability.
Tue, Sep 20, 2022
As all these payment applications are stored on the smartphone, one can be in trouble when it is lost or stolen.
Tue, Sep 13, 2022
In all of 2021, companies raised Rs 1,21,680 crore from the market and the boom can be attributed to the Sensex rally as the index jumped from 40,000 points to 60,000 points between April and October 2021.
Mon, Sep 12, 2022
In its latest monthly update for August, the company said its loan distribution business has now reached an annualised disbursal rate of Rs 29,000 crore, while it has disbursed loans worth Rs 4,517 crore during the first two months of Q2FY23.
Mon, Sep 05, 2022
Zee Business Top Picks 5th Sep'22: Conservatives have elected Foreign Secretary Liz Truss as the leader of the party and the new British Prime Minister.
Paytm said, "We are, and will continue to, fully cooperate with the authorities, and all the directive actions are being duly complied with."
Sun, Sep 04, 2022
The Enforcement Directorate Saturday said it is conducting raids at Bengaluru premises of online payment gateways like Razorpay, Paytm, and Cashfree as part of an ongoing probe.
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