Berkshire Hathaway exited Paytm-parent firm One97 Communications Friday at a loss of about 40% on the high-profile investment it made more than five years ago. The Warren Buffett firm invested about ...
On November 18, 2021, Vijay Shekhar Sharma took to the stage at the Bombay Stock Exchange, wiping away tears as he addressed the crowd. His company, One97 Communications, had just completed India’s ...
One 97 Communications Ltd, the parent of Paytm, will invest up to Rs 455 crore in two of its wholly-owned subsidiaries Paytm Money and Paytm Services. The company's board has cleared subscriptions to ...
The Paytm share buyback plan triggered much head-scratching in newsrooms and in the investing community. Journalists are asking if this is a good use of capital. If the investor has given you money to ...
If you weren’t paying close attention, you might have expected a different result from Paytm’s IPO. After all, the company is incredibly well funded by investors that you know by name, and the Indian ...
One 97 Communications, the parent company of Paytm, has laid off over 1,000 employees in multiple units. This move comes as the company looks to cut costs and realign its businesses. The layoffs, ...
Paytm has reasons to celebrate. After waiting nearly a year, the company has finally received the Reserve Bank of India’s in-principle approval to operate as an online payment aggregator. On paper, ...
Users, whose recurring payments are tied to the old handle, need to transition to a new UPI ID. (Bloomberg) Are you concerned about your Paytm UPI not working from August 31? The confusing ...
Paytm brought a paradigm shift in the industry by completely transforming payment methodology. Starting initially as an online wallet cum e-commerce website to make payments for limited utilities, ...
Online payments platform, Paytm's Founder and Chief Executive Officer (CEO), Vijay Shekhar Sharma, in a social media post on the platform X, announced that the company has launched a new feature ...
With over 100 million users a year ago, PayTM was already ahead of its digital payment competitors before the Nov. 2016 demonetization of high value currency notes in India. On the back of the push ...
Paytm Money has named Sandiip Bharadwaj as its new Chief Executive Officer. Bringing with him over 24 years of experience in the financial services industry, Bharadwaj succeeds Rakesh Singh, who is ...