New Delhi: Following the Labor Ministry's rebuke over the alleged dismissal of an employee, Paytm management on Wednesday appeared before the Regional Labor Commissioner and agreed not to recover joining bonus from the employee, according to official sources.Official sources said Paytm has...
New Delhi: Shares of One97 Communications Ltd, the parent company of Paytm, soared over 8 per cent on Monday, adding Rs 2,279.88 crore to its market capitalization after Vijay Shekhar Sharma said his ambition is to build a 100 billion dollar company.The stock rose 8.12 per cent to settle at Rs...
Speaking symbolically on the foundation day of the 7th JITO Incubation and Innovation Fund (JIIF), Sharma said, "As a founder, my company is like my daughter...As a company, we are maturing. It was...it's just like if a daughter who is a school topper met with an accident while going for the...
In New Delhi, Paytm founder Vijay Shekhar Sharma on Saturday spoke about what he learned from the RBI's action on Paytm Payments Bank and admitted that it was an emotional setback on a personal level, while on a professional level it was a lesson learned on how better fulfill responsibilities...
Noida (Uttar Pradesh) [India], July 3: Fintech Paytm, owned by Noida-based One97 Communications (OCL), has launched 'Paytm Health Saathi', a health and income protection scheme for its business partners, according to the company's June 3 stock filing.The fintech said that the new plan will be...
New Delhi, Fintech firm One97 Communications has claimed to have recorded a 19 per cent year-on-year growth in flight bookings in the January-March quarter of this year, the company said in a regulatory filing on Monday.Paytm's travel ticketing business falls under its marketing services...
New Delhi [India], One 97 Communications Limited (OCL), owner of the Paytm brand, has forged partnerships with leading global travel meta-platforms including Skyscanner, Google Flights and Wego, making inroads in its travel segment.According to a press release, integration with these leading...
NEW DELHI: Former WhatsApp chief business officer Neeraj Arora has quit the board of fintech firm One97 Communications, owner of the Paytm brand, citing prior business and personal commitments, a regulatory filing said on Monday.Arora left the Paytm board in early 2018, but rejoined it ahead...
New Delhi [India], Food delivery company Zomato is in talks with Paytm to acquire the fintech company's movies and events businesses, the company said in its filing to the stock exchange.Zomato said in a filing to the stock exchange on June 16, “We acknowledge that we are in discussions with...
New Delhi, Consumer electronics brand Samsung has partnered with Paytm parent company One97 Communications Ltd to integrate travel and entertainment services into Samsung Wallet in India.Through the partnership, Samsung Galaxy smartphone users can access Paytm's services including flight and...
New Delhi: Fintech firm One97 Communications, owner of the Paytm brand, will now focus on distribution of insurance products from other insurers after sector regulator IRDAI has accepted the registration clearance application of Paytm General Insurance.Paytm General Insurance Limited had...
The company said in a statement that it is also distributing bonuses due to employees "while ensuring fairness and transparency in the process"."One97 Communications Limited (OCL) is providing outplacement assistance to employees who have resigned as part of the company's restructuring...
New Delhi: Fintech firm One97 Communications, owner of the Paytm brand, is laying off an undisclosed number of employees, according to a company statement, which claimed it is providing outplacement assistance for their smooth transition.Paytm's sales headcount declined by approximately 3,500...
The total value of UPI transactions processed on the Paytm platform increased to Rs 1.24 trillion in May, due to the company launching several initiatives like credit cards on UPI for users as well as pushing the levers on UPI Lite.With total transactions on the platform stable at 1.14 billion...
New Delhi [India], Marking a strong turnaround, popular fintech brand Paytm said it is seeing early signs of improvement and strong stabilization for its Unified Payment Interface (UPI) business.The total value of UPI transactions processed on the Paytm platform increased to Rs 1.24 trillion...
New Delhi: Shares of One97 Communications, which owns the Paytm brand, jumped 5 per cent on Thursday to touch its upper circuit limit for the second consecutive session amid reports that Adani and Paytm are acquiring stake in the fintech company. Were in talks to do.However, One97...
New Delhi, Paytm operator One97 Communications Ltd on Wednesday said it is not in talks to sell stake to Adani Group. Adani Group has also termed such reports as "false and untrue".Commenting on a report that billionaire Gautam Adani was in talks with Paytm CE Vijay Shekhar Sharma to...
New Delhi [India], Following Paytm's clarification on media reports that Adani Group Chairman, Gautam Adani was in talks with Paytm founder Vijay Shankar Sharma to buy stake in Paytm, Adani Group also clarified and responded to these reports. Termed as wrong and untrue. Categorically reject this...
Earlier a media report had claimed that Adani Group was in talks with Paytm to acquire a stake in the fintech company owned by One 97 Communications Limited.“We categorically deny this baseless speculation. This is a complete lie and falsehood,” said an Adani Group spokesperson.In a stock...
New Delhi [India], Hours after a media report claimed that Adani Group Chairman Gautam Adani was in talks with Paytm founder Vijay Shankar Sharma to buy stake in Paytm, the popular fintech company has denied the report as " Terming it as "speculation", Paytm informed the stock exchanges that the...