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Paytm CEO Vijay Shekhar Sharma says company focusing on consumer payments business

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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Paytm to focus on profit after tax instead of operational profit before ESOP: CEO

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.

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Sebi issues notice to Paytm

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.

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Government mainstreamed startups; dramatic shift from days of startups being at bottom of food chain: Paytm founder

Sun, Jul 07, 2024

Paytm founder Vijay Shekhar Sharma lauds the government's role in mainstreaming startups, highlighting a dramatic shift from startups being at the bottom of the job market hierarchy to now leading the industry.

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Paytm Payments Bank Shut Down After March 15? Know All Details Here

Thu, Mar 14, 2024

Paytm Payments Bank: Transactions stopped in Paytm Payments Bank after March 15, will stop deposit and credit transaction service in the bank, efforts continue to add third party aggregator, shifting from payment bank to merchant account banks like #PhonePe, #GooglePay. Will become a party provider.

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Paytm Crisis: Why Vijay Shekhar Sharma Resigned as Paytm Payments Bank Chairman

Tue, Feb 27, 2024

Vijay Shekhar Sharma steps down from Paytm Payments Bank's chairman role as RBI imposes deposit and credit transaction bans after compliance issues. Board restructuring aims to address regulatory concerns.

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Vijay Shekhar Sharma resigns as Paytm Payments Bank's Part-Time Non Executive Chairman

Tue, Feb 27, 2024

Many important updates related to Paytm, resignation of Vijay Shekhar Sharma, Macquarie's report after new stir.. Know the complete news from Varun.

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Paytm CEO meets RBI, finance minister amid regulatory concerns: Report

Wed, Feb 07, 2024

Paytm Crisis: The meetings come after the RBI asked Paytm Payments Bank last Wednesday to stop accepting new deposits in its accounts and its popular digital wallets from March, citing supervisory concerns and non-compliance with rules.

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Paytm Payments Services' auditor Price Waterhouse resigns, SR Batliboi & Associates appointed

Mon, Aug 07, 2023

The company informed that the statutory auditors have not raised any concern or issue and in fact this is aligned with the holding company OCL’s appointment of S.R. Batliboi & Associates as its auditor. 

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Paytm shares slip over 2% as Softbank divests another 2% stake

Tue, Jul 18, 2023

Post-divestiture, Softbank holds a 9.15 per cent stake in the company. Earlier in May, the Japanese investment company sold a 2 per cent stake in Paytm.

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Paytm Q4 Results Preview: How Were The Results Of Paytm In Q4? Watch Here

Mon, May 08, 2023

How were the results of Paytm in Q4? What was special in the Concall on the results? What is the opinion of Brokerage on Paytm? Know full details from Varun Dubey.

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Motilal Oswal initiates coverage on Paytm with a 'buy', expects firm to turn profitable by 2024-25

Thu, Apr 20, 2023

Paytm shares were in demand on Thursday after Motilal Oswal Financial Services initiated coverage on the digital payments firm's stock with a target price of Rs 865, implying upside potential of 34.2 per cent from its closing price on Wednesday.  

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Paytm shares cross Rs 700 level after four months; is this an opportunity?

Thu, Feb 09, 2023

Paytm share price today: The stock of Paytm parent One97 Communications crossed the Rs 700 apiece mark for the first time in nearly four months after a positive start on Thursday, continuing to rise for the fourth session in a row. Here's what experts suggest you do with the stock now.

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Once bearish on Paytm, Macquarie has a change of heart; stock rises for 3rd day

Wed, Feb 08, 2023

Paytm owner One97 Communications' shares surged as much as 10 per cent to Rs 644.9 apiece on Wednesday, after Macquarie upgraded the stock to ‘outperform’ from ‘underperform’.

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Paytm shares scale three-month peak; here's what Anil Singhvi recommends

Tue, Feb 07, 2023

Zee Business Managing Editor Anil Singhvi reiterated his view that existing shareholders of Paytm may continue to hold the stock. 

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Davos 2023: Watch Swati Khandelwal's Exclusive Conversation With Vijay Shekhar Sharma, CEO, Paytm

Fri, Jan 20, 2023

Payment systems like UPI have been made or are being made worldwide, Paytm has high hopes from credit business, Paytm's lending business is doing well: Vijay Shekhar Sharma, CEO, Paytm. Watch the exclusive interview with Swati Khandelwal.

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Paytm will become profitable before September quarter, says founder Vijay Shekar Sharma

Fri, Jan 20, 2023

Davos Diary 2023:  Paytm founder and CEO said that the Unified Payment’s Interface (UPI) system will be further upgraded

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Advantage Paytm say analysts as Alibaba cuts stake in Vijay Shekhar Sharma-led fintech

Sat, Jan 14, 2023

China’s e-commerce major Alibaba has reportedly reduced its stake in Indian fintech and payments firm Paytm though a series of block deals recently which analysts say will be a positive the firm.

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Paytm operator One 97 Communications can't use IPO proceeds for buyback; company will use its strong liquidity - sources

Sun, Dec 11, 2022

The company has so far not provided any details of the buyback and size, and other details are likely to be disclosed after the board meeting.

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Paytm Buyback: Fintech share zooms as company calls board meet to discuss buyback

Fri, Dec 09, 2022

Paytm share price: Year To Date (YTD) the stock has declined more than 60 per cent and in the past six months it has declined over 15 per cent.

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‘On right path of profitability’ says Paytm CEO Vijay Shekhar Sharma – Here’s Zee Business detail analysis of company, share price – details!

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.

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Paytm share price gains 4% on reappointment of Vijay Shekhar Sharma as MD & CEO – brokerages recommend this

Mon, Aug 22, 2022

Paytm`s parent One97 Communications Ltd, backed by China`s Alibaba Group Holding and its affiliate Ant Group, posted a loss of 6.44 billion rupees ($80.83 million) for the June quarter earlier this month.

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Paytm 22nd AGM: Vijay Shekhar Sharma reappointed as company's MD & CEO; remuneration fixed for 3 years without increment

Sun, Aug 21, 2022

With a resounding vote of confidence from shareholders, Vijay Shekhar Sharma has been reappointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Paytm. 

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