One97 Communications Paytm
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Paytm Registers Incentive Worth Rs. 130 Crore From UPI Transactions in 3 Quarters
One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said on Monday. The company has calculated an incentive of Rs. 130 crore from UPI transactions in three quarters but Sharma said that the incentive may technically make the fourth quarter a free ca...
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Paytm's Parent Firm Witnesses Strong Revenue Momentum With 42 Percent YoY Growth
One97 Communications, which owns the payments and financial services platform Paytm, continue to witness strong revenue momentum across its business verticals. The fintech firm on Friday reported its revenue from operations increased to Rs. 2,062 crore, a growth of 42 percent on a yearly basis and 8 percent on a quarterly basis.
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Paytm Parent One97 Shares Fall on Report of Softbank Stake Sale
Paytm parent One97 Communications' shares fell as much as 10 percent on Thursday after a report that SoftBank would sell Paytm shares with $215 million (roughly Rs. 1,755 crore). The stock is being sold in a range of Rs. 555 to Rs. 601.45 per share, and the sale is the latest in a string of divestments that SoftBank has made in the past few months...
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Paytm Moves Delhi High Court, Claims Telcos Not Preventing Phishing Activity
One97 Communications Ltd, which runs the online payment platform Paytm, has moved the Delhi High Court alleging that telecom service providers are not blocking fraudsters who are defrauding its customers by "phishing" activities over the various mobile networks.
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Paytm Says Registered 600 Percent Growth in UPI Transactions in 6 Months
One97 Communications Limited, that owns the brand Paytm in India, said the platform registered over 179 million UPI transactions in October.
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Flipkart, Paytm Preferred Over Google, Amazon in List of Companies Where India Wants to Work: LinkedIn
Indian companies like Directi, Flipkart, and Paytm have ranked ahead of global giants like Amazon and Google.
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When India Killed The 1,000-Rupee Note, How Paytm Hustled
Founder and Chief Executive Vijay Shekhar Sharma is pushing himself to extremes because he knows this is a pivotal moment for Paytm (which rhymes with ATM). Two months ago, with no warning, the Indian government said it was scrapping 500- and 1,000-rupee banknotes, in a stroke excising four-fifths of the nation's paper money. The move was designed ...
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Paytm CEO Vijay Shekhar Sharma Sells 1 Percent of One97 Communications Stake for Rs. 325 Crores
The amount raised will be utilised for Paytm's proposed payments bank operations, in which Vijay Shekhar Sharma holds 51 percent stake.
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Paytm Wallet Business, Payments Bank Division to be Merged
Paytm Wallet will now be part of the newly-formed entity Paytm Payments Bank Limited, and user accounts will automatically be transferred to the new banking unit.
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Paytm Gets Fresh Funding From Alibaba, Ant Financial
Alibaba and Paytm disclosed the deal in a joint statement on Tuesday without saying how much it is worth.
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Paytm Claims to Be India's First 100 Million User Product
Paytm said that its wallet was presently accepted by over 80,000 merchants, Paytm plans to reach the 10 million merchants mark by end of next year.
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Paytm Registers Incentive Worth Rs. 130 Crore From UPI Transactions in 3 Quarters
One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said on Monday. The company has calculated an incentive of Rs. 130 crore from UPI transactions in three quarters but Sharma said that the incentive may technically make the fourth quarter a free ca...
-
Paytm's Parent Firm Witnesses Strong Revenue Momentum With 42 Percent YoY Growth
One97 Communications, which owns the payments and financial services platform Paytm, continue to witness strong revenue momentum across its business verticals. The fintech firm on Friday reported its revenue from operations increased to Rs. 2,062 crore, a growth of 42 percent on a yearly basis and 8 percent on a quarterly basis.
-
Paytm Parent One97 Shares Fall on Report of Softbank Stake Sale
Paytm parent One97 Communications' shares fell as much as 10 percent on Thursday after a report that SoftBank would sell Paytm shares with $215 million (roughly Rs. 1,755 crore). The stock is being sold in a range of Rs. 555 to Rs. 601.45 per share, and the sale is the latest in a string of divestments that SoftBank has made in the past few months...
-
Paytm Moves Delhi High Court, Claims Telcos Not Preventing Phishing Activity
One97 Communications Ltd, which runs the online payment platform Paytm, has moved the Delhi High Court alleging that telecom service providers are not blocking fraudsters who are defrauding its customers by "phishing" activities over the various mobile networks.
-
Paytm Says Registered 600 Percent Growth in UPI Transactions in 6 Months
One97 Communications Limited, that owns the brand Paytm in India, said the platform registered over 179 million UPI transactions in October.
-
Flipkart, Paytm Preferred Over Google, Amazon in List of Companies Where India Wants to Work: LinkedIn
Indian companies like Directi, Flipkart, and Paytm have ranked ahead of global giants like Amazon and Google.
-
When India Killed The 1,000-Rupee Note, How Paytm Hustled
Founder and Chief Executive Vijay Shekhar Sharma is pushing himself to extremes because he knows this is a pivotal moment for Paytm (which rhymes with ATM). Two months ago, with no warning, the Indian government said it was scrapping 500- and 1,000-rupee banknotes, in a stroke excising four-fifths of the nation's paper money. The move was designed ...
-
Paytm CEO Vijay Shekhar Sharma Sells 1 Percent of One97 Communications Stake for Rs. 325 Crores
The amount raised will be utilised for Paytm's proposed payments bank operations, in which Vijay Shekhar Sharma holds 51 percent stake.
-
Paytm Wallet Business, Payments Bank Division to be Merged
Paytm Wallet will now be part of the newly-formed entity Paytm Payments Bank Limited, and user accounts will automatically be transferred to the new banking unit.
-
Paytm Gets Fresh Funding From Alibaba, Ant Financial
Alibaba and Paytm disclosed the deal in a joint statement on Tuesday without saying how much it is worth.
-
Paytm Claims to Be India's First 100 Million User Product
Paytm said that its wallet was presently accepted by over 80,000 merchants, Paytm plans to reach the 10 million merchants mark by end of next year.
