Digital payments firm Paytm saw its stock decline markedly after a shareholder offloaded 19.20 million shares. Paytm shares suffered an 8.8% decline on Thursday following a series of block deals recor...
Tag: Paytm
India Banking Regulator Asks Paytm Unit to Reapply for License
(Bloomberg) — India’s banking regulator asked a unit of Paytm to resubmit its application for approval required to provide payment aggregator services, a potentially lucrative business the compa...
Paytm Shares See New Record Low, Down 11% as Investor Lockup Period Ends
Despite the immediate bearish sentiment engulfing Paytm shares, analysts are still optimistic that the company will see brighter days ahead. One 97 Communications Ltd (NSE: PAYTM), the parent company...
Indian agency searches fintech Paytm, Razorpay and Cashfree offices in Chinese loan apps probe
India’s financial crime fighting agency searched the offices of fintech unicorns Paytm and Razorpay as well as Cashfree on Friday as part of an ongoing investigation into fraudulent Chinese loan...
Berkshire, SoftBank Early Paytm Bets Sour After Stock Rout
(Bloomberg) — The collapse in the shares of Paytm following India’s largest initial public offering is proving an expensive lesson for the firm’s early backers. Most Read from Bloomberg Paytm sh...