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Stocks To Watch On July 29: Equity markets closed last week on a strong note, reversing the losses due to Budget negativity. In today’s trade, shares of ICICI Bank, Adani Wilmar, ACC, Dr Reddy’s, IndiGo, IndusInd Bank among others will be in focus due to news developments and first quarter results. Key earnings to watch…
Hindi News Business Paytm Share Hits 10% Upper Circuit On Reports Of FDI Nod For Payment Aggregator Mumbai18 minutes ago copy link Paytm’s stock witnessed an upper circuit of 10% today on Friday (26 July). The company’s stock closed at Rs 509.05 with a gain of 10%. This surge in Paytm shares came after reports…
New Delhi5 minutes ago copy link Paytm’s parent company One 97 Communications has suffered a loss of Rs 839 crore on an annual basis in the first quarter of the financial year 2024-25. The loss in the same quarter of the previous financial year i.e. 2023-24 was Rs 357 crore. That is, the company’s loss…
One 97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services distribution company and the pioneer of QR, Soundbox and mobile payments, has announced its financial results for the first quarter of FY25 (Q1 FY2025), registering a rebound in key metrics. The financial results of the company in line with…
Paytm gets Sebi’s warning. (Representative Image) The administrative warning was related to two transactions with an unapproved amount of 3.24 billion rupees ($38.8 million) and Rs 360 million each. Paytm received an administrative warning from India’s markets regulator for certain transactions with its banking unit in the fiscal year 2021-22, the fintech firm said in…
Hindi News Business Labour Commissioner Summons Paytm Management Over Alleged Layoffs, One97 Communication New Delhi28 minutes ago copy link The Regional Labor Commissioner of Bangalore has issued summons to Paytm’s parent company One-97 Communications. This summons has been given to the company in the matter of forced dismissal of some employees. Some time ago, news…
Headquartered in Noida, Paytm has secured over 8% of the overall UPI transaction market in both May and June 2024, highlighting stable platform metrics. In June, the total transactions on the Paytm platform stabilized at 1.1 billion, consistent with May’s figures. Since becoming a Third-Party Application Provider (TPAP) in March, Paytm has maintained its position…