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One97 Communications

23 Oct 2024

Paytm Shares Jump 6.50% On Getting NPCI Nod To Onboard New UPI Users

The NPCI nod is expected to come as a relief to Paytm, which had suffered a blow following the Reserve Bank of India's restrictions earlier this year on associate company Paytm Payments Bank Limited (PPBL) in onboarding new UPI users on the Paytm app.

23 Oct 2024

Paytm Receives NPCI Approval To Onboard New UPI Users

The Paytm update comes months after the Reserve Bank of India's regulatory freeze on UPI.

22 Oct 2024

Paytm Reports Rs 930 Crore Net Profit After One-Time Gain, Stock Down Over 4%

The Paytm achieved profitability thanks to a one-time exceptional gain of Rs 1,345 crore from selling its entertainment ticketing business to Zomato.

20 Sep 2024

Empowering Artisans: PM Modi Uses Paytm QR At PM Vishwakarma Event

On a significant occasion in Wardha, Maharashtra, honorable Prime Minister Narendra Modi exemplified the transformative power of technology by seamlessly making a purchase using Paytm’s QR code.

26 Aug 2024

Paytm Says No New SEBI Notice,Already Disclosed in Its Annual Financial Result

Company has already addressed the matter through preliminary response, and is in regular communication with SEBI, making necessary representations regarding on the matter Independent legal opinion obtained by management states compliance with the relevant regulations Company affirms its commitment to compliance and transparency

22 Aug 2024

Zomato To Buy Paytm’s Entertainment Ticketing Business For Rs 2,048 Crore

Both of these companies’ boards gave the green light to this cash transaction on August 21, as shared with the exchanges.

21 Aug 2024

Paytm Proposes Reduced Remuneration For Board Members

Ahead of its Annual General Meeting on September 12, Paytm’s board of directors has opted for a significant salary revision, highlighting their commitment to the company’s responsible financial discipline and good corporate governance. The new proposed remuneration framework will be subject to shareholder approval.

14 Aug 2024

Paytm Resolves Past Stamp Duty Matter, Assures No Impact Compliance Measures

Paytm, India’s leading payments and financial services company renowned for pioneering QR and mobile payments, has addressed a past stamp duty matter pertaining to allotment of equity shares of previous years, assuring that there is no impact on financials or operations on the company operations.

30 Jul 2024

Paytm Launches India's First NFC Card Soundbox; Check Key Features

The Paytm NFC Card Soundbox will equip small shops with an affordable tool for accepting all types of payments, including UPI and card transactions.

22 Jul 2024

Paytm Rebounds: Credit Card Distribution Hits 12.8 Lakh

Outperforming Expected Impact, Paytm Shows Strong Performance and Continued Trust from Customers and Merchants.

19 Jul 2024

Paytm Q1 FY 2025 reports operating revenue of Rs 1,502 Cr

Revenue and profitability to improve, driven by growth in operating metrics including GMV, an expanding merchant base, recovery in loan distribution business and continued focus on cost optimization Accelerating merchant reactivation and new sign-ups resulting in increase in merchant subscriber base to 1.09 Cr, with new merchant sign-ups and daily GMV rebounding to January levels Customer base has stabilized to 7.8 Cr; GMV per customer increasing Driving monetization by distribution of loans, wealth products and insurance

16 Jul 2024

Paytm States Consistent Compliance and Adherence to SEBI Regulations

In response to the SEBI Administrative Warning, India’s leading payments and financial services distribution platform, Paytm, said that it has consistently adhered to all listing regulations from time to time, including any amendments and updates to these regulations over time.

12 Jul 2024

Helios Capital Founder Voices Support for Paytm, Condemns Unfounded Allegation

One 97 Communications Limited (OCL) that owns the brand Paytm, payments and financial services distribution company, has been on a steady path to recovery, which has fueled retail investor confidence in the company.

08 Jul 2024

Paytm Holds Steady UPI Market Share for Two Consecutive Months

Continuing its journey of enhancing user metrics and showcasing consistent performance and recovery, Paytm, a pioneer in mobile payments, QR-based payments, and Soundbox, has retained its market share for two consecutive months in Unified Payments Interface (UPI) transactions despite facing restrictions on onboarding new users.

03 Jul 2024

Paytm Launches 'Health Saathi Plan' For Merchant Partners At Just Rs 35/Month

Paytm Health Saathi offers unlimited doctor teleconsultations and in-person doctor visits (OPD) within its partner network.

19 Jun 2024

UK-Based Hedge Fund Marshall Wace Sells Shares Of Paytm, Shriram Finance For R

Marshall Wace, through its arm Marshall Wace Investment Strategies - Eureka Fund, offloaded shares of One97 Communications, owner of Paytm brand, and Shriram Finance Ltd through separate block deals on the National Stock Exchange (NSE).

17 Jun 2024

Zomato To Take Over Paytm's Movie Ticketing Biz? Check What Both Cos Said

Both Paytm and Zomato have issued clarification to the stock exchanges regarding media speculations on acquisition biz.

16 Jun 2024

Zomato May Buy Paytm's Movie Ticketing Business: Reports

Zomato has invested Rs 300 crore in its quick commerce arm, Blinkit, as this segment is projected to surpass its core food delivery business.

13 Jun 2024

Paytm Shares See Good Rally On Partnership With Samsung Wallet

Samsung and Paytm have announced partnership to bring travel & entertainment services to Samsung Wallet in India.

10 Jun 2024

Paytm Lays Off Employees As Part Of Restructuring

Paytm's sales employee headcount in March 2024 quarter dropped by about 3,500 to 36,521 personnel on a quarter-on-quarter basis, mainly due the impact of the Reserve Bank of India's ban on services of Paytm Payments Bank.

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