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Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal
Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…
Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato
Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…
Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions
Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …
Paytm registers 25% growth in revenue at ₹9,978 crore in 2023-24
One 97 Communications, that operates popular fintech brand Paytm, reported a 25 per cent rise in re…
ANI
Bigger they are, harder they fall – A look at how the country’s biggest IPOs have fared
Hyundai Motor India is raising funds through an IPO, the country’s biggest IPO so far. There have b…
Zomato to acquire Paytm's entertainment ticketing business for Rs 2,048 crore
Zomato has acquired Paytm's entertainment ticketing division for Rs 2,048 crore. The move, includin…
PTI
Paytm records revenue growth of 38% YoY in Q3FY24
Paytm has announced its October-December quarter earnings showing a strong growth momentum led by h…
ANI
Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore
On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …
Paytm app will continue to work beyond Feb 29 as usual: CEO Vijay Shekhar Sharma
Digital payments and services app Paytm is working and will continue to work as usual even after Fe…
PTI
Indian startup founders celebrate Paytm’s success as company posts first operating profit
Paytm said its revenue from operations rose 42% year-on-year to ₹2,062 crore in the October-Dece…
Paytm Payments Bank set to expand existing relationships with leading third-party banks
Paytm Payments Bank Limited ("PPBL"), an associate of OCL (One 97 Communications Limited), has rece…
ANI
Jio Financial Services' shares hit 52-week high; mcap hit ₹2.2 lakh crore
In the intra-day trade, shares of Jio Financial Services rallied 14.50 per cent to hit a 52-w…
PTI
Paytm’s Q1 revenue jumps 89% to ₹1,680 crore
The company’s contribution profit grew 197% (YoY) to ₹726 cr, leading to an increase in contributi…
Paytm founder announces operating profitability, says free cash flow generation is next
Paytm, leading payments and financial services company, on Friday said it has achieved operating pr…
Paytm's diverse sources of monetisation to drive profits: JP Morgan
As India's fintech landscape continues to evolve, achieving strong monetization has become a challe…
ANI
Nifty, Sensex start firm on Monday as Tata Motors jumps; Paytm hits lower circuit again
Benchmark equity indices, the Nifty and Sensex, climbed in early trade on Monday helped by a ral…
Paytm’s losses narrow to ₹291.7 crore in September quarter
One 97 Communications that runs Paytm posted a ₹291.7 crore loss in the second quarter of FY24. Its…
Paytm may see profitability in March, two quarters ahead of expectation; Goldman Sachs raises target price
Paytm is expected to be adjusted EBITDA positive in March 2023, two quarters ahead of the estimates…
ANI
PayTM could be entering a low cost-high profit margin regime, say a brokerage firm
While Paytm is still struggling to make profits or even deliver positive returns to its shareholder…
Block deal bonanza for investors as bull run continues
Indian stock market indices are scaling new highs every day with the Nifty having scaled Mt 21,000 …