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Paytm

The Indian Multinational technology company, owned by One97 Communications, is a digital payment platform that also specializes in e-commerce and finance. It provides an easy gateway for online transfer of money along with services like bill payments More

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  • Paytm scales 9-month high with big volumes, likely to march towards Rs 850 June 09, 2023 06:28 AM IST

    Paytm scales 9-month high with big volumes, likely to march towards Rs 850

    Paytm seems to have gained strength after the golden crossover in second half of May 2023, with 50-day EMA crossing 200-day EMA on the higher side, which is generally considered as a positive sign and the stock can get into momentum

  • Cash Trade: Paytm looks ready to end its bearish trend June 09, 2023 06:23 AM IST

    Cash Trade: Paytm looks ready to end its bearish trend

    Paytm has broken out of a IH&S pattern

  • Odisha train accident: CEO says Paytm will match donations made to victims using the app June 06, 2023 02:33 PM IST

    Odisha train accident: CEO says Paytm will match donations made to victims using the app

    The money raised will be transferred into the bank account of Odisha Chief Minister's Relief Fund, Paytm stated.

  • Paytm reports 24% jump in monthly transacting users, loan offtake spikes 169% June 05, 2023 09:47 AM IST

    Paytm reports 24% jump in monthly transacting users, loan offtake spikes 169%

    Number of merchants paying subscription for payment devices has reached 75 lakh as of May 2023, an increase of 4 lakh devices in the month.

  • IPO fundraise to touch Rs 50,000 crore; expect H2 to be volatile: Ajay Garg of Equirus June 03, 2023 08:04 PM IST

    IPO fundraise to touch Rs 50,000 crore; expect H2 to be volatile: Ajay Garg of Equirus

    The total amount raised through initial public offerings stood at Rs 52,116 crore in FY23, of which LIC alone was Rs 21,000 crore

  • Almost half of SoftBank's India portfolio cos are close to or above breakeven: BofA May 31, 2023 06:17 PM IST

    Almost half of SoftBank's India portfolio cos are close to or above breakeven: BofA

    The report highlighted that the cost-cutting measures resulted in reduced growth rates of 15-30 percent for startups, compared to their previous growth rate of 60-80 percent.

  • Razorpay partners with Axis Bank, NPCI to launch Turbo UPI May 30, 2023 12:03 AM IST

    Razorpay partners with Axis Bank, NPCI to launch Turbo UPI

    Razorpay claims that Turbo UPI can help businesses achieve a significant increase in the success rate of UPI payments by up to 10 percent.

  • Swiggy’s outgoing CTO Dale Vaz secures $7-10 million in funding for new wealth-tech startup May 26, 2023 04:25 PM IST

    Swiggy’s outgoing CTO Dale Vaz secures $7-10 million in funding for new wealth-tech startup

    This move into the wealth tech sector comes at a time when the retail investor base has been growing rapidly.

  • ONDC aims to hit 100,000 daily retail orders in next few months May 24, 2023 11:30 AM IST

    ONDC aims to hit 100,000 daily retail orders in next few months

    A new version of the ONDC specs and network agreements is in the works to improve order tracking, provide more order fulfillment options, such as in-store pick-up for customers, and automate the grievance redressal process to a greater extent.

  • Paytm Payments Bank gets RBI approval to re-appoint Vijay Shekhar as part-time chairman for a year May 24, 2023 08:58 AM IST

    Paytm Payments Bank gets RBI approval to re-appoint Vijay Shekhar as part-time chairman for a year

    Currently, One97 Communications owns a 49 percent stake in PPBL and Vijay Shekhar Sharma holds the rest of the stake in the digital financial services firm

  • ShareChat and Paytm oppose IAMAI, back separate digital competition law in India May 18, 2023 11:51 PM IST

    ShareChat and Paytm oppose IAMAI, back separate digital competition law in India

    Sameer Nigam, the CEO of another IAMAI member company PhonePe has hit back at those opposing IAMAI's views on the matter, terming them as opportunistic.

  • Paytm, SBI Cards launch Paytm SBI Card on the RuPay network May 18, 2023 01:47 PM IST

    Paytm, SBI Cards launch Paytm SBI Card on the RuPay network

    This move aims to expand access to credit and foster financial inclusion by bringing ‘new to credit’ users into the formal economy.

  • Paytm elevates Bhavesh Gupta as president and COO May 16, 2023 07:09 PM IST

    Paytm elevates Bhavesh Gupta as president and COO

    Gupta, previously Senior Vice President at Paytm, will now be responsible to lead verticals of lending, insurance, payments–online and offline, consumer payments and drive key initiatives including user growth, operations risk, fraud risk and compliance

  • Delhi journalist loses Rs 40,000 after being 'hypnotised' over the phone May 12, 2023 05:42 PM IST

    Delhi journalist loses Rs 40,000 after being 'hypnotised' over the phone

    The man, who was identified as 40-year-old Ramesh Kumar Raja, said that the person on the call claimed he knew Raja and over two UPI transactions, took Rs 20,000 from him.

  • How Zomato-backed Magicpin is going all out on its ONDC bet May 12, 2023 03:35 PM IST

    How Zomato-backed Magicpin is going all out on its ONDC bet

    Co-founder and chief executive officer Anshoo Sharma says ONDC could be an inflection point for the hyperlocal commerce platform

  • SoftBank offloads 2% stake worth $120 million in Paytm May 11, 2023 12:48 PM IST

    SoftBank offloads 2% stake worth $120 million in Paytm

    Post the sale, SoftBank will have around 11.17% stake left in Paytm which is around 70,809,082 shares.

  • Paytm: Will the rally sustain? Moneycontrol Alpha May 10, 2023 08:31 AM IST

    Paytm: Will the rally sustain? Moneycontrol Alpha

    In this edition of Moneycontrol Alpha, N Mahalakshmi talks about why Paytm is seeing renewed optimism and whether the rally will sustain. Moneycontrol Alpha tracks the risk-reward in equity markets by putting the spotlight on keys data points, developing trends and stock action.

  • LIVE: Paytm Q4 results | Management commentary & outlook | Earnings express May 09, 2023 04:30 PM IST

    LIVE: Paytm Q4 results | Management commentary & outlook | Earnings express

    Paytm narrowed its consolidated net loss in Q4 with an increase in gross merchandise value and higher merchant subscription revenues. Watch the management explain the company's quarterly performance and roadmap ahead only on Moneycontrol.

  • Paytm up 5% on sustained growth in Q4; JPMorgan sees 37% upside May 08, 2023 10:49 AM IST

    Paytm up 5% on sustained growth in Q4; JPMorgan sees 37% upside

    The company narrowed its consolidated net loss to Rs 168 crore from Rs 761 crore in the year-ago period. Consistent execution on profitability will keep the company on track to tap an attractive profit pool, says JPMorgan

  • Britannia Industries Q4, Paytm results & Aditya Birla Fashion's newest acquisition  | Market Minutes May 08, 2023 08:13 AM IST

    Britannia Industries Q4, Paytm results & Aditya Birla Fashion's newest acquisition | Market Minutes

    In this episode of Market Minutes, Shailaja Mohapatra talks about Friday's Wall Street rally led by Apple, Britannia's Q4 numbers beating estimates, Aditya Birla Fashion acquiring TCNS Clothing and Paytm's March quarter results. (With inputs from Sucheta Anchaliya). Also, catch Rahul Bhuskute of Bharti AXA Life Insurance in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends

  • Paytm focused on reaching financial milestone 'in near future,' CEO Vijay Shekhar Sharma says May 08, 2023 07:00 AM IST

    Paytm focused on reaching financial milestone 'in near future,' CEO Vijay Shekhar Sharma says

    Positive free cash flow is when a company has sufficient funds to invest back into the business for growth.

  • Paytm will use generative AI in fraud detection, customer care and onboarding: Vijay Shekhar Sharma May 06, 2023 12:46 PM IST

    Paytm will use generative AI in fraud detection, customer care and onboarding: Vijay Shekhar Sharma

    Paytm executives say that the company's new tech platform is fully indigenously developed, will be capable to carrying out 10 times the number of current transactions and is expected to be more cost efficient

  • Paytm posts 52% surge in Q4 revenue, narrows down losses to Rs 168 crore May 08, 2023 07:42 AM IST

    Paytm posts 52% surge in Q4 revenue, narrows down losses to Rs 168 crore

    The user engagement on the platform continued to grow with average Monthly Transacting Users (MTU) for Q4FY23 increasing by 27 percent YoY to 9 crore.

  • Paytm stock climbs 4% as street expects robust Q4 May 05, 2023 11:32 AM IST

    Paytm stock climbs 4% as street expects robust Q4

    Paytm's shares gained 4% on May 5 ahead of the Q4 results, with analysts expecting a robust performance for the quarter, on the back of improved numbers on loan disbursal and new device addition fronts.

  • Zomato-backed Magicpin helps ONDC fulfil 10,000 orders a day May 03, 2023 05:59 PM IST

    Zomato-backed Magicpin helps ONDC fulfil 10,000 orders a day

    After integrating with the ONDC in March this year, Magicpin brought 22,000 restaurants on to the platform and said it would add 5,000 more over the coming three months