Sun, Oct 06, 2024
The RBI had restricted Paytm Payments Bank from accepting deposits or facilitating credit transactions in customer accounts, including prepaid instruments and wallets.
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Fri, Sep 13, 2024
Paytm reported widening of loss to Rs 840 crore in the quarter ended June 30, 2024. The company had posted a loss of Rs 358.4 crore in the same period a year ago.
Mon, Aug 26, 2024
In response to a query from stock exchanges, Paytm said the notice is not a new development, and it is in regulatory contact with the market regulator to make required representations.
Fri, Aug 12, 2022
Investors advisory firm IiAS has recommended against the reappointment of Vijay Shekhar Sharma as managing director and chief executive officer of the Paytm owner, One97 Communications.
Institutional Investor Advisory Services has said it opposes the reappointment of Vijay Shekhar Sharma as CEO and managing director at the annual general meeting next week.
Tue, Mar 15, 2022
The MD & CEO said that the company has received a letter from the RBI where no queries related to data access has been raised. He added that there were no queries even from the Government of India
Tue, Nov 16, 2021
How Paytm became one of India's most valued companies. This is a very interesting story.
Fri, Nov 05, 2021
Paytm IPO: The Rs 18,300 crore-offer, if successful, will be the biggest in the country after Coal India's IPO back in 2010 wherein the state-owned company had garnered Rs 15,200 crore.
Fri, Oct 29, 2021
Paytm IPO will open on November 8 for subscription in the price band of Rs 2,080-2,150 apiece, which implies that the firm's valuation stands at Rs 1.44 lakh crore-Rs 1.48 lakh crore.
Mon, Apr 05, 2021
The success of Vijay Shekhar Sharma-run digital payments leader Paytm in India has reached the US, and a team from Harvard Business School, led by a US Army veteran, is currently working on a similar app for a wider launch later this spring.
Mon, Dec 07, 2020
In a major development, prestigious Harvard University has announced fund from Paytm founder and CEO Vijay Shekhar Sharma for Lakshmi Mittal and Family South Asia Institute.
Tue, Oct 22, 2019
Paytm is undoubtedly one of the biggest success stories seen in the Indian startup ecosystem. The platform continues to grow and has played an important role in promoting the use of digital transactions.
Wed, Jun 26, 2019
On Wednesday, the alternative asset manager Root Ventures announced that it is on the brink of closing a Rs 200 cr maiden fund. For this, the company which is led by Japan Vyas, has taken onboard Paytm Founder Vijay Shekhar Sharma.
Tue, Mar 26, 2019
John Collison (28) of Stripe and Evan Spiegel (28) of Snapchat are the youngest billionaire with US $2.6bn and US $1.7 bn respectively.
Mon, Mar 25, 2019
Vijay Shekhar Sharma who created India's largest digital payment service Paytm has a little grudge that he never had a chance to study at Harvard University.
Fri, Dec 07, 2018
Ratan Tata-backed healthcare startup Goqii will launch two new smart health devices focusing on cardiac and diabetes care by March next.
Wed, Nov 28, 2018
Some of the Indian unicorns that have prospered have done really well, however, many others have died along the way. The successful ones have grown by leaps and bounds and their stories have encouraged many other entrepreneurs to follow in their footsteps.
Tue, Oct 23, 2018
India`s top digital payments company Paytm said on Tuesday its consumer data was safe after police arrested three people, including the company`s spokeswoman, over allegations they tried to blackmail its founder and extort nearly $3 million by threatening to leak personal data.
Wed, Apr 04, 2018
Telecom major Bharti Airtel was the first to begin payment bank services in November 2016. Paytm founder Vijay Shekhar Sharma promoted Paytm Payments Bank began operations from May 2017 last year while FINO Payments Bank Limited kicked-off in in June last year.
Sat, Mar 10, 2018
Home-grown mobile wallet company Paytm's Vijay Shekhar Sharma has termed Facebook, which owns Whatsapp, an "evil" company following the launch of payments app
Thu, Mar 08, 2018
Farmer's son, Singh worked in a chemist's store before venturing out on his own distributing pharmaceuticals. Shares of the generics maker, known for its antibiotics Clavam and Taxim, have more than doubled since its November 2016 IPO.
Wed, Mar 07, 2018
Forbes Billionaires' list 2018: 92-year-old Samprada Singh, who is the chairman emeritus of Alkem Laboratories, is the oldest Indian billionaire. He was ranked 1,867th on the list with a fortune of $1.2 billion.
Wed, Jan 10, 2018
Paytm, run by One97 Communications Ltd, has set up a new entity called Paytm Money to offer investment and wealth management products, and will invest close to $10 million upfront in the new entity, reports Livemint.
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