Paytm Shares Hit 20% Lower Circuit as RBI Ends Payments Bank Business
Shares of Paytm were locked at a 20% lower circuit on 1 February after RBI (Reserve Bank of India) dealt a fatal blow to the...
Tag : One97 Communications
Berkshire Hathaway Divests from Paytm, Incurs a Rs 600 Crore Loss
The Warren Buffet-owned investment major, Berkshire Hathaway, has sold its complete stake in One97 Communications Ltd, which is a parent company of Paytm, through a...
Paytm Share Mounts 9-Month High with Huge Volumes, March Towards Rs 850
On Thursday, One97 Communications, the operator of payments and financial services company Paytm gave a strong merging breakout, forming a long, bullish candlestick pattern on...
Paytm Rose 24% in Monthly Transacting Users, Loan Offtake Spikes 169%
One97 Communications, Paytm’s parent firm, said that its average monthly transacting users plunged 24% YoY to 9.2 crores in the April and May 2023 quarters,...
SoftBank Sells 2% Stake in Paytm Worth $120 Million
SoftBank informed stock exchanges that it had sold a little more than 2% of Paytm parent One97 Communications Limited to comply with SEBI’s takeover rules....
Paytm Shares Jump 4% Ahead of Q4FY23 Results
Shares of Paytm’s parent company One97 Communications surged 4% to Rs 697.5 per share on the BSE in intraday trade on Friday, ahead of the...
Paytm Shares Surge After RBI Gives Extra 15-Days to Resubmit Application for Payment Aggregation Service
Shares of One97 Communications, which owns and operates digital payments firm Paytm, rose on Monday after it said it had been given an additional 15...
Paytm Shares Rise 5% on Report That Sunil Mittal Considering Taking Stake in Company
Shares of digital financial services firm One97 Communications, which owns Paytm, rose 5% to Rs 655.30 on the BSE in intraday trade on Monday, following...
Paytm Shares Rise as December Quarter Net Loss Narrows
Shares of One97 Communications, owner of Paytm, soared on February 6 after it lowered its consolidated net loss for the quarter that ended in December...
Paytm’s Q1 Net Loss Widens to Rs 645 Crore
Paytm has reported a net loss of Rs 645 crore in the first quarter of FY23. Net losses widened on a year-on-year (y-O-y) basis in...