Page 25 - Paytm

Paytm announces launch of small ticket loan product Postpaid Mini

These small ticket instant loans will give flexibility to users and also help manage their household expenses to maintain liquidity during the ongoing Coronavirus (Covid-19) pandemic

Indian SPACs to raise nearly $1 billion through IPOs in US stock market

To acquire domestic media, tech, and consumer goods firms

Paytm extends deadline to submit documents for share sale to June 30

Paytm has extended the deadline for shareholders, employees and former employees to submit their documents by June 30, if they wish to sell their shares in the planned initial public offering

Paytm to raise Rs 12,000 cr via fresh equity, remove Sharma's promoter tag

The company's much-awaited IPO is expected to come by November this year

Paytm First Games secures $30-mn loan from One97 Communications, others

The loan will be given in two tranches, payable within five years, and will also have the option to be converted into equity shares

Top headlines: Paytm to raise Rs 12,000 crore; Wipro announces salary hike

Business Standard brings you the top news of the evening

Paytm looks to raise Rs 12,000 cr via fresh issue of shares, EGM on July 12

Paytm will also propose removing founder Vijay Shekhar Sharma's role as a 'promoter' for the company

JPMorgan, Goldman, two other banks hired by Paytm for proposed $3 bn IPO

The board of the startup, formally called One97 Communications, also approved Morgan Stanley and ICICI Securities Ltd. to help with the sale, the people said, asking not to be identified as the matter

Paytm launches vaccine appointment booking feature on mobile app

Fintech major Paytm on Monday said its users will now be able to book vaccination appointment on the app apart from finding available slots. "Paytm users can now search, discover & also book their vaccination slots for both Covaxin and Covishield at the nearest centre through the Paytm app. The service would help Indians seamlessly book vaccination slots and gain immunity, helping in fighting the ongoing pandemic," Paytm said in a statement. CoWIN head R S Sharma had recently said over a dozen entities, including large digital companies like Paytm, MakeMyTrip and Infosys, are looking at approval for offering vaccine bookings. The government had, last month, released new guidelines for the integration of CoWIN with third-party applications, easing the way for such apps to offer vaccine bookings. Previously, giants like Facebook and Google to startups such as HealthifyMe have introduced a slew of tools to help people find slots for vaccination appointments. Platforms like Under45 ..

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Big banks appear to be on the defensive against digital competitors, but they continue to hold the reins to large-scale credit.

Paytm, MakeMyTrip, others keen on approval for offering vaccine bookings

Over a dozen entities, including large digital companies like Paytm and MakeMyTrip, are looking at approval for offering vaccine bookings, according to CoWIN head RS Sharma. The government had, last month, released new guidelines for the integration of CoWIN with third-party applications, easing the way for such apps to offer vaccine bookings. Nearly 15 entities are eyeing approval to provide online appointment booking for vaccination, including Paytm, Infosys and MakeMyTrip, Sharma said. When contacted, MakeMyTrip Group CEO Rajesh Magow said that with millions already using MakeMyTrip app, we want to leverage the API integration to help people easily book their vaccination slots and do our bit to make the entire process more convenient. Integration has also been opened up for download of vaccination certificate that will be useful as travel opens up further and all documentary requirements can be accessed in one place, he added. Paytm declined to comment, while Infosys did not ..

Paytm, MakeMyTrip, Infosys offer to help India with Covid vaccine bookings

Around 15 state agencies and private companies have asked to be allowed to offer vaccine bookings, says R S Sharma, head of CoWIN platform

Paytm has $500 mn ready cash, IPO timed to expand lead in fintech: Sources

IPO will foster public and institutional investors' trust, and seal the company's position as India's largest fintech player

Paytm sends 'offer for sale' to staff as it moves ahead with $3 bn IPO

Paytm's public market debut will include a mix of new and existing shares to meet regulatory obligations.

Paytm makes offer for sale ahead of planned IPO; AGM on June 30

The board of One97 Communications Ltd, which owns Paytm, has given an in-principle approval to the offering plan

IPO-bound Paytm narrows losses to Rs 1,701 cr, reduces expenses in FY21

Revenue from operations fell 14.5 per cent to Rs 2,802.41 crore during the year, according to the Ant Financial-backed company's annual report

Top Headlines: CBSE Class 12 Board cancelled, Maruti's sales take 71% hit

Our top headlines Wednesday track the Indian economy

Paytm shares soar over 80% in grey market on hopes of a killing in IPO

The Ant Group-backed firm has got in-principle nod from its board to raise Rs 22,000 cr; IPO is expected to hit the market before end of calendar year

India could see a record equity supply of Rs 2-3 trn in FY22: Jefferies

Over the past decade, the contribution of IPOs to equity fund-raising at around 27 per cent has been muted, Jefferies said

Top Headlines: GDP shrinks by 7.3%, fiscal deficit drops below target

GDP shrinks by 7.3 percent in FY 2020-21, Carlyle Group to acquire a controlling stake of over 50 per cent in PNB Housing Finance. Top news this morning.