Paytm

Ratan Tata’s stake in Upstox reaches astonishing 23,000% return

Ratan Tata’s stake in Upstox has registered a whopping 23,000% return on the original investment made in 2016, based on its last round valuation of $3.5 billion.

Tainted payment co PaytM sells ticketing biz to Zomato for Rs2000 cr

The parent company of Paytm, One 97 Communications Limited (OCL), has announced the sale of its entertainment ticketing business to Zomato for ₹2,048 crore.

Caught on cam: Paytm CEO’s bizarre reaction when asked about RBI ban

NEW DELHI: Paytm CEO Vijay Shekhar Sharma came under limelight after the Reserve Bank of India (RBI) imposed restrictions on the Paytm Payments Bank, prohibiting the entity from providing additional banking services starting March 2024. Despite this grim situation of his company, Sharma still looked very flamboyant when spotted by The New Indian’s Executive Editor […]

RBI restricts Paytm Payments Bank services starting March 2024; here’s why

NEW DELHI: The Reserve Bank of India (RBI) has implemented restrictions on Paytm Payments Bank, prohibiting the entity from providing additional banking services starting March 2024. This action stems from concerns related to the breach of regulatory norms and compliance issues. “The Comprehensive System Audit report and subsequent compliance validation report of the external auditors […]

Rs 17 Cr Worth Funds Seized In Raids On Paytm, Cashfree and Razorpay

the Enforcement Directorate (ED) on Friday seized Rs 17 crore worth of funds kept in merchant IDs and bank accounts of Chinese persons-controlled entities.