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3 mins read
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 …
2 mins read
Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%
At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…
1 min read
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…
3 mins read
Falguni Nayar's net worth is now four times higher than that of Vijay Shekhar Sharma
The net worth of Falguni Nayar is nearly four times higher than that of Vijay Shekhar Sharma. Paytm…
2 mins read
Paytm Soundbox achieves 13.72 billion transactions in FY23 – reinforcing in-store payments dominance
India is on a fast-track to becoming a digital powerhouse and the adoption of mobile payments has c…
2 mins read
Paytm's Q2 net loss widens by 20% YoY to ₹571 crore, but narrows sequentially
Paytm posted 76 per cent year-on-year (YoY) growth in revenue to ₹1,914 crore in Q2FY23, while E…
2 mins read
Vijay Shekhar Sharma gets nearly half of new shares as Paytm doubles its ESOP pool ahead of IPO
Paytm’s founder and chief executive officer Vijay Shekhar Sharma has been allocated additional stoc…
1 min read
Indians took 17 years on an average to make their first billion— and it has gotten a lot faster recently
It takes 17-years to enter the billionaire’s club in India. While many of you might think that’s a …
Preeti Soni
2 mins read
Indian consumers made 9.36 bn transactions worth ₹10.25 trillion in Q1 2022
India saw 9.36 billion transactions amounting to ₹10.25 trillion in the first quarter (January-Marc…
3 mins read
Paytm shares tank over 9% as 4.5% of its equity changes hands
Paytm shares tanked over 9% in the first hour of trade on Thursday, as 4.5% of the company’s equity…
2 mins read
Falguni Nayar’s net worth surges to $6.5 billion after Nykaa’s successful IPO
Nykaa’s founder and chief executive Falguni Nayar has become India’s wealthiest self-made female bi…
6 mins read
MFs add shares of Indigo, Paytm, PVR & Nazara Technologies among others in February
Despite the volatility seen in equities in the month of February, mutual funds have continued to bu…
4 mins read
Mukesh Ambani’s Jio Financial Services’ deep pockets and wide reach to challenge the likes of Paytm, Bajaj Finance
Jio Financial Services (JFS) could emerge as the fifth largest financial services company in terms …
3 mins read
Sanjiv Goenka makes a billion dollar comeback to the world's biggest T20 stage
The Sanjiv Goenka-led RP-Sanjiv Goenka Group (RPSG) has bagged the new Lucknow franchise in the cas…
2 mins read
Delhivery shares edge lower after SoftBank offloads 3.8% stake for ₹954 crore
Shares of logistics provider Delhivery were down 2% in morning trade on Thursday, a day after Japan…
5 mins read
Stock price run up in Paytm, Nykaa, Zomato, PB Fintech & Delhivery could see large shareholders cashing out - BofA
“Ironically, better-performing stocks may see blocks //(deals)// a…
6 mins read
New age technology companies back in the spotlight after Q3 performance
There’s no end to the woes of new age technology companies. They are in the spotlight yet again, af…
3 mins read
PayTM could be entering a low cost-high profit margin regime, say a brokerage firm
While Paytm is still struggling to make profits or even deliver positive returns to its shareholder…
2 mins read
Rupee gains 19 paise to 82.19/$ on dollar weakness and firm equities
The rupee appreciated 19 paise to 82.19 against the US dollar in early trade on Friday on broad dol…
PTI
1 min read
Sensex, Nifty50 close flat on a range-bound day – HDFC Life, Reliance rise, ICICI Bank drags
During the day, it jumped 175.05 points or 0.28 per cent to 62,447.73 -- its lifetime intra-day …