India’s Paytm says not in stake sale talks, though media report says CEO met billionaire Adani BENGALURU: Indian digital payments firm Paytm is not in talks to sell a stake, it said on Wednesday, after a media... Published 29 May, 2024 11:51am
Markets India’s Paytm jumps 5% as digital payments app survives banking unit shutdown BENGALURU: Shares of India’s Paytm rose a stock exchange-allowed maximum of 5% on Friday, a day after it got a... Published 15 Mar, 2024 10:21am
Business & Finance India’s Paytm banking unit to cut about 20% of staff as business halt looms MUMBAI: Indian digital payments firm Paytm plans to cut close to 20% of staff at its banking unit amid uncertainty... Published 14 Mar, 2024 05:03pm
Technology Japan’s SoftBank cuts stake in India’s Paytm to under 3% BENGALURU: Japan’s SoftBank Group, opens new tab has further reduced its stake in beleaguered Indian payments firm... Published 29 Feb, 2024 12:41pm
Markets India’s Paytm shares jump 5% after central bank extends unit wind-down date BENGALURU: Shares of Indian payments firm Paytm rose 5% on Monday, after the country’s central bank granted its... Published 19 Feb, 2024 10:52am
Business & Finance India’s Paytm nears record low, market value down about $2.5bn since RBI crackdown BENGALURU: Shares of Indian digital payments firm Paytm slumped 10% to a near record low on Monday, extending a rout... Published 05 Feb, 2024 11:22am
World Thousands of accounts at India’s Paytm Payments Bank set up improperly NEW DELHI: India’s central bank has found hundreds of thousands of accounts at Paytm Payments Bank created without... Published 04 Feb, 2024 03:01am
Business & Finance India’s Paytm confirms it will axe jobs to cut costs BENGALURU: One 97 Communications, parent of fintech firm Paytm, on Monday confirmed a “slight reduction” in its... Updated 25 Dec, 2023 09:27pm
Technology India’s Paytm tumbles on plan to curtail low-value personal loans BENGALURU: India’s Paytm plunged as much as 20% on Thursday, its steepest decline since listing two years ago, as... Published 07 Dec, 2023 12:52pm
Business & Finance India’s central bank imposes penalty on Paytm Payments Bank BENGALURU: India’s central bank said on Thursday it has imposed a penalty of 53.9 million rupees ($647,762.58) on... Published 12 Oct, 2023 07:15pm
Technology Paytm CEO Sharma to buy stake worth $628mn in co from Antfin Holding BENGALURU: Paytm’s founder and CEO, Vijay Shekhar Sharma, will buy a 10.3% stake valued at $628 million in the... Published 07 Aug, 2023 09:59am
World From fast food to autos, India’s digitally connected users lure investors Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees... Published 03 Apr, 2023 10:20am
Business & Finance Alibaba exits India’s Paytm, selling shares for $167mn BENGALURU: China’s Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm for about... Published 10 Feb, 2023 08:03pm
Business & Finance SoftBank sells 4.5% stake in India’s Paytm for $200mn SYDNEY/MUMBAI: SoftBank Group Corp on Thursday sold a 4.5% stake in Indian digital payments giant Paytm through... Published 17 Nov, 2022 12:23pm
Markets Paytm slips 6% on questions over CEO reappointment, regulatory fears BENGALURU: Shares of India’s digital payments firm Paytm fell 6.2% on Friday, hit by a proxy advisory firm’s... Published 12 Aug, 2022 11:34am