Adani Effect Makes India World’s Best Performing Stock Market in 2022
India is set to be one of the world’s best-performing major stock markets this year, defying concerns about rising interest rates and an economic slowdown...
Tag : paytm
Paytm Falls Despite Announcing Rs 850 Crore Share Buyback Plan
Shares of Paytm operator One 97 Communications quickly gave up opening gains and traded lower on December 14, even as the company’s board on December...
Paytm’s Surprise Share Buyback Plan Raises Questions
Paytm‘s plan to buy back shares has investors surprised and worried about the loss-making Indian fintech’s growth prospects as it uses funds to prop up...
Paytm’s Loan Volume Jumps 150% in October-November
One 97 Communications Ltd, the operator of Paytm, India’s largest digital payments provider, saw loan volumes rise 150% in October-November from a year earlier. The...
Paytm Surges 5% as Traders Pile into Shares on Buyback Announcement
Shares of Paytm parent One 97 Communications surged more than 5% in morning trade on December 9 after the company said its board would consider...
Paytm Shares Jump After Strong Management Comments on Growth, Earnings
Shares of Paytm operator One 97 Communications edged higher on December 2 after the company expressed optimism about its growth prospects and reiterated its guidance...
Payments Council Launches Common Icon Library for Uniformity, Fraud Prevention
The Payments Council of India (PCI), the apex body for payment and settlement players in the country, has launched an initiative called ‘Project Pratima’ to...
Paytm Hits Record Low, Shares Plunge 26% in Two Weeks
Shares of One97 Communication, which operates India’s largest payments platform, Paytm, fell to a fresh intraday low of Rs 483.30 on the BSE on Tuesday,...
Softbank Sells 4.5% in Paytm for Rs 1,631 Crore
Japan’s SoftBank Group on Thursday sold 29 million shares in Paytm parent One97 Communications in a block deal, raising about Rs 1,631 crore. Shares were...
Softbank Sells 4.5% Stake in Paytm for $200 Million, Says Report
According to Reuters on Thursday, SoftBank Group Corp sold a 4.5% stake in Indian digital payments giant Paytm for $200 million, sending the Indian company’s...