BJP leader and former Union minister Jayant Sinha-chaired Parliamentary Standing Committee on Finance has been looking into various aspects of competition in the marketplace
Foreign portfolio investors and mutual funds have marginally increased stake in Paytm's parent company One97 Communications
The network first began its pilot on April 29 in Delhi, Bengaluru, Coimbatore, Bhopal and Shillong
After Zomato's promising start, global tech meltdown halts listing gravy train
Despite its sharp run-up in the past two months, Paytm has underperformed the market by falling 34 per cent in the last six months as against a 12 per cent decline on the Sensex
Stocks to watch today: HCL Technologies will report June quarter results 2022 (Q1FY23) on Tuesday, July 12; Coal India ramped up capex plans to Rs 3,034 crore, up 64.8 per cent in June quarter 2022.
The number of loans disbursed through our platform grew 492% y-o-y to 8.5 million loans in the quarter ending June 2022, while the value of loans disbursed grew 779% y-o-y to Rs 5,554 crore ($703 mn)
The company had disbursed 14.33 lakh loans worth Rs 632 crore in the year-ago period
A rise in cost of capital has already weighed on the related stocks all across the globe over the past few months
On May 30, Sharma bought 1,00,552 shares worth Rs 6.31 crore and on May 31, he bought 71,469 shares worth Rs 4.68 crore
Among the beaten down mid- and small-cap stocks, Paytm and Zomato can provide some relief to investors, while stocks like Metropolis Healthcare and Latent View Analytics could see further pain
Among the deals that SoftBank has completed this year in India are Polygon
While investors have preferred to stay on the sidelines on Paytm stock, Goldman Sachs believes the risk-reward for Paytm are skewed to the upside
CLOSING BELL: The sharp knock in metal stocks came after he government levied export duty on 11 iron and steel intermediates and key steel products.
The bank is working with the RBI to complete the IT audit and address the regulator's concerns, says Madhur Deora.
The proposal to set up joint venture firm Paytm General Insurance Limited (PGIL) was approved by the board on May 20, the company said in a regulatory filing.
CFO Madhur Deora has been re-appointed till May 19, 2027; Paytm forms joint venture general insurance firm, to invest Rs 950 crore in 10 years
One97 Communication, the parent company of Paytm reported a loss of Rs. 780 in March quarter
In 2021, when the buzz is around start-ups going for IPOs and celebration of Indian entrepreneurship, it's also time to acknowledge the role of global players in the journey to stardom
Paytm E-commerce have bought back the entire stake of Alibaba, which held 28.34 per cent, and Antfin (Netherlands) Holding, which held 14.98 per cent stake, a total of 43.32 per cent, for Rs 42 crore.