Page 18 - Paytm

MobiKwik to delay planned IPO, says CEO after Paytm's dismal market debut

Indian payments firm MobiKwik has delayed its plans to proceed with an initial public offering (IPO) of shares this month, its CEO said

Paytm bounces back, gains 7% after a 37% fall in two trading sessions

The board of Paytm is scheduled to meet on Saturday, November 27, 2021 to consider financial results of the company for the quarter and half year ended on September 30, 2021.

Paytm Payments Bank launches prepaid card linked with Paytm wallet

Paytm Transit card also enables the withdrawal of money from ATMs

Paytm's listing flop likely to hit other IPOs: BharatPe's Ashneer Grover

He said the debacle was a collective failure of the management and investment bankers

Paytm shares tank another 13%, market cap drops below $12 billion

The company's gross merchandise value (GMV) rose 2.31 times to Rs 83,200 crore ($11.2 billion) in the month

Sensex, Nifty tank 2% each amid broad-based sell-off; India VIX hits 17

Broader indices suffer deeper cuts; SmallCap index declines 3%; RIL sinks 4% after calling off deal with Saudi Aramco

50% of November IPOs fall below their issue prices amid market crash

PB Fintech, Fino Payments Bank, SJS Ent, KIMS, Ami Organics, Zomato and Sansera Engg from the BSE IPO index were down between 6 per cent and 19 per cent in intra-day trade today

Paytm plunges 36% from issue price; Fino Payments Bank falls for 5th day

Paytm shares were down 12% to Rs 1,370 on the BSE in the intra-day trade

Paytm bleeds as Macquarie's second report puts Rs 1,200 as target price

Profitability may 'remain elusive for a long time', says brokerage about digital payments company.

History repeats in Paytm IPO flop

We don't know whether Paytm will mark the top of the current bull market but it certainly does embody all the elements that mark excess, writes Debashis Basu

Stocks to Watch: RIL, Paytm, Airtel, Maruti, GMR Infra, HFCL, airline stks

Bharti Airtel has hiked tariff on pre-paid plans by 20-25 per cent.

Best of BS Opinion: The big shocks, a Pyrrhic victory for protesters & more

Here is the best of Business Standard's opinion pieces for Monday

Paytm's GMV up 131% to $11.2 billion in Oct as festive-time spends rise

The company, in a disclosure to the exchanges, said that the growth was driven by the festive season and an increase in number of merchants and consumers

Global IPOs blow past $600 bn mark in 2021, best year on record

With 6 weeks to go, about 2,850 businesses and SPACs have raised more than $600 bn in IPOs, leaving the records for both deal count and proceeds reached in 2007 in the dust

The risk factor

New-age tech firms are inherently more risky

Top Headlines: Centre eyes state route after repeal, Paytm's listing fiasco

The key difference between the two signal agricultural reform measures - Land acquisition bill and farm laws - is in how they end. Read more in our morning brief

Sebi likely to quiz investment bankers on Paytm's listing fiasco

Regulator to also probe the trading pattern on listing day

LIVE: Railway Board issues order to resume serving cooked meals on trains

Discontinued due to Covid restrictions, Railways to resume serving cooked food in trains

Top headlines: Farmers hail repeal of farm laws; govt may tax crypto gains

Business Standard brings you the top stories on Friday

Top headlines: RBI cautions firms on digital lending; Udaan eyes funding

Online retail B2B unicorn Udaan is planning to go for a fresh round of funding in the next two to three quarters. More on that in our morning wrap.