Latest Articles in paytm
RBI Approves Extension Of Paytm's Aggregator Licence Application
Paytm can continue to service existing payment gateway customers, however, it cannot accept new merchants, till the aproval of the license
Read MoreAmit Khera Steps Down As Paytm's Compliance Officer, Company Secretary
Paytm stated in its regulatory filing that the temporary compliance officer is a Company Secretary with over 13 years of expertise
Read MorePaytm Denies Reports Of SoftBank And Ant Group's Secondary Stock Deal
Masayoshi Son's SoftBank and an unit of Alibaba named Antfin each own 13.24 per cent and 25.47 per cent of Paytm, respectively
Read MorePaytm's Shares Jumps By Whopping 4% High
The stock rose 4.24 per cent to a high of Rs 554.95 on the BSE. Goldman Sachs said earlier this week that Paytm could be Ebitda profitable by March quarter – two quarters ahead of guidance – and that the December quarter would be another strong quarter for Paytm, with revenue growth of 45 percent year on year and a further improvement in adjusted Ebitda losses (by 58 per cent sequentially) to Rs 70 billion
Read MorePaytm Witnesses 9% Decline As Alibaba Sells 2 Cr Shares: Report
Paytm suffered its steepest fall since November 22 to Rs 528 a share on Thursday
Read MorePaytm's Stock Falls Over 2% After Approval of Buyback Plan
Paytm expects to spend Rs 1,048 crore on the buyback plan, with up to Rs 850 crore going toward purchasing shares and the rest going toward accounting for applicable buyback taxes
Read MorePaytm To Use Strong Liquidity Of Company Instead of IPO Proceeds For Buyback
Paytm has a liquidity of Rs 9,182 crore. In the midst of a global tech selloff in 2022, the stock is down 60% following a closely watched listing late last year
Read MorePaytm Plans To Buy Back Shares
Paytm would be considering the proposal to buyback shares in the upcoming board meetings on December 13
Read MoreSoftBank Plans To Sell Off Shares In Paytm
SoftBank plans to sell $215 million worth of shares in Paytm as the company is ready for pre-IPO investors ends later this week
Read MorePaytm On The Profitability Path: Paytm's CEO
Paytm is on the path of profitability says Paytm's CEO in a letter to the shareholders. Its recent quarterly reports show strong operating leverage and a reduction in EBITDA losses
Read More