PAYTM NEWS LATEST

One97 Communications, the parent company of Paytm, underwent layoffs in June without specifying the number affected, offering outplacement support for transitioning employees. Despite questions about senior-level departures, founder Vijay Shekhar Sh...

Zomato is looking to strengthen its ‘going-out’ business with the acquisition of Paytm’s ticket booking and events business. Details on this, and more in today’s ETtech Morning Dispatch.

Measures to boost the sale of electric vehicles are likely to be announced in the upcoming budget. this and more on today’s ETtech Top 5.

Paytm layoffs: Following the RBI's decision to terminate Paytm Payments Bank and the wallet business, numerous employees are being asked to "voluntarily resign" without prior notice. Many have reported being denied severance pay and instructed to re...

Happy Thursday! Wipro CEO Srinivas Pallia is betting on internal talent to propel growth. This and more in today’s ETtech Morning Dispatch.

The stock fell 20% for two consecutive days after January 31, when the Reserve Bank of India imposed restrictions on Paytm Payments Bank including accepting fresh deposits and doing credit transactions. On March 11, the RBI barred Paytm Payments Ban...

Paytm Share Price: The stock, which stooped to a new all-time low of Rs 310 on Wednesday, witnessed a reversal on Thursday amid strong volumes with over 88 lakh shares getting traded on the NSE around 12:20 pm.

Cultfit has formally appointed Naresh Krishnaswamy as CEO. Details on this and more in today’s ETtech Top 5.

Paytm’s point of sale (PoS) terminals for processing card payments are being moved to RBL Bank. This and more in today’s ETtech Top 5.

Gold loan startup Rupeek may soon be tying up a new funding round, albeit at a lower valuation. This and more in today’s ETtech Morning Dispatch.

Paytm Share Price: Vijay Shekhar Sharma's resignation as the part-time non-executive chairman and board member at Paytm Payments Bank did not cut much ice with the investors who preferred to sell shares in hordes. Around 10 am, nearly 42.78 lakh sha...

Paytm FASTag: As of February 22, 2024 existing FASTags of Paytm would work post March 15, 2024 but they cannot be topped up with money. So this will render them unusable for paying highway toll tax once the existing balance is exhausted. Here's what...

Indian equity indices traded lower due to declines in HDFC Bank and Reliance Industries. Asian Paints, Bharti Airtel, Power Grid, Bajaj Finserv tradec with cuts. Axis Bank, HCL Tech, L&T, TCS, Wipro, Maruti gained.

Paytm has announced a partnership with Axis Bank under which nodal accounts or escrow accounts will be shifted to the private sector lender. This arrangement is expected to seamlessly replace the nodal account that One 97 was using with Paytm Paymen...

Paytm Payments Bank Ltd has been removed from NHAI's approved list of Fastag providers. Users must deactivate their Paytm Fastag and obtain a new one from the 32 banks listed on NHAI's website or through the "My FASTag" app. Visit NHAI's official we...

Indian non-bank lenders are exploring alternative options for loan disbursal amid concerns over the regulatory issues surrounding Paytm, which has led to a temporary halt in its lending services. While lending partners have not terminated contracts ...

RBI Governor emphasised the importance of good governance, risk management, compliance culture, and customer protection for the safety of financial institutions. The comments come amid the Paytm crisis. Paytm Payments Bank faces an uncertain future ...

But if there’s one thing that has come to the fore this week, it's compliance and governance issues at startups. When companies are in the nascent stage they can get lax on setting up internal controls, but once you scale it becomes a different prop...

Shares of Paytm, owned by One 97 Communications, crashed 20% on BSE after the RBI directed Paytm Payments Bank to halt new credit and deposit operations. Jefferies, a global broking firm, downgraded Paytm and highlighted the impact on Paytm's wallet...