Paytm secures NPCI nod to onboard new UPI users
Oct 23, 2024, at 09:55 pm
New Delhi/IBNS: One97 Communications Limited, the parent company of Paytm, has received the green light from the National Payments Corporation of India (NPCI) to onboard new users for its Unified Payments Interface (UPI) platform.
Paytm to focus on core business, deliver profitability soon: CEO Vijay Shekhar Sharma at AGM
Sep 12, 2024, at 08:02 pm
New Delhi/IBNS: Vijay Shekhar Sharma, the founder and chief executive officer (CEO) of Paytm, on Thursday (Sept. 12) said the fintech company will focus on its core business of payments and cross-selling financial services as it works to achieve "profitability soon".
Paytm, Adani Group quash report claiming Gautam Adani stake talks with Vijay Shekhar Sharma
May 29, 2024, at 06:04 pm
New Delhi/IBNS: Both Adani Group and Paytm on Wednesday dismissed recent media reports claiming Gautam Adani was likely in talks with Vijay Shekhar Sharma, the founder chairman and managing director of Paytm's parent company One97 Communications, to acquire stake in the Indian fintech major.
Paytm CEO expects near-term financial impact due to disruptions in Q4, hints at AI-driven job cuts
May 23, 2024, at 05:43 pm
New Delhi/IBNS: Hinting at the likelihood of Artificial Intelligence (AI)-driven layoffs in the future, Paytm CEO Vijay Shekhar Sharma, in a letter to shareholders on Wednesday (May 22), said that the fintech company will focus on its core businesses and improve cost efficiencies to create a leaner organization.
Paytm fires 1,000 employees days after announcing to hire 50,000 people
Dec 25, 2023, at 06:13 pm
Mumbai/IBNS: India's multinational fintech company Paytm has fired 1,000 employees days after announcing the hiring of 50,000 people, media reports said.
Paytm reports 32% jump in revenue to Rs 2,519 cr in Q2FY24, loss narrows to Rs 292 cr
Oct 21, 2023, at 02:47 am
Mumbai: One97 Communications, the parent company of Paytm, posted a consolidated revenue of Rs 2,519 crore for the second quarter ending September 2023, indicating a 32 percent increase compared to Rs 1,914 crore in the previous year, media reported.
Fullerton India partners with Paytm to expand digital lending to MSMEs
Jan 25, 2022, at 07:14 pm
Kolkata/IBNS: Fullerton India and One97 Communications Limited, Paytm's parent company, have announced a partnership to provide lending products to merchant partners and consumers.