One 97 Communications Ltd, the parent company of digital-first payments giant Paytm, announced on Wednesday, August 21, that it would conduct its 24th annual general meeting (AGM) on September 12, 2024, through video conferencing. The upcoming AGM’s agenda includes considering and adopting Paytm’s audited standalone and consolidated financial statements for FY24, and reports of the …
Photographer: Dhiraj Singh/Bloomberg 2 min read Last Updated : Aug 21 2024 | 9:06 PM IST Zomato to acquire the movie and events ticketing businesses of Paytm’s for Rs 2,048 crore, digital payments firm said in an exchange filing on Wednesday. The company said that it will now focus on strengthening the core payments …
With less than a fortnight to go for Paytm Payments Bank to wind down its operations, highly placed sources in the banking circles say the bank could be the first significant instance in over two decades where the Reserve Bank of India may not hesitate to take a drastic step such as cancellation of its …
The advisory committee, formed by Paytm owner One97 Communications after the Reserve Bank of India’s action on its payments bank, is yet to begin deeper conversations to identify any issue, the Press Trust of India reported the head of the panel M. Damodaran as having said on Sunday. Also Read: The Paytm saga so far… …
The Reserve Bank of India (RBI) has asked the National Payment Council of India (NPCI) to examine the request of One97 Communications’ (OCL), which owns Paytm, to become a Third-Party Application Provider (TPAP) for continued Unified Payments Interface operation of the Paytm application. A TPAP approval is mandatory to provide UPI-based payment transactions to customers. …
Tata Power: Company gets LoI to buy Jalpura Khurja Power Transmission; to develop transmission project with cost of Rs 838 crore (Positive) Crisil: Net profit of Rs 231.0 cr, up 110.4 percent, Revenue up 34.3% at Rs 628.0 cr (YoY) (Positive) Defence stocks: DAC clears capital acquisition proposals worth ₹84,560 cr (Positive) NTPC: Company signs …
Tata Power: Company gets LoI to buy Jalpura Khurja Power Transmission; to develop transmission project with cost of Rs 838 crore (Positive) Crisil: Net profit of Rs 231.0 cr, up 110.4 percent, Revenue up 34.3% at Rs 628.0 cr (YoY) (Positive) Defence stocks: DAC clears capital acquisition proposals worth ₹84,560 cr (Positive) NTPC: Company signs …
One97 Communications, on Friday, announced that Paytm has shifted its nodal account to Axis Bank (by opening an Escrow Account), the company said in an exchange filing. On Friday, the Reserve Bank of India announced an extension of the deadline for Paytm Payments Bank until March 15, a shift from the initial date of February …
Small is no longer beautiful for One97 Communications Ltd, which owns Paytm. The mobile payments and financial services company has decided to cut its disbursement of small loans (less than ₹50,000). Small is no longer beautiful for One97 Communications Ltd, which owns Paytm. The mobile payments and financial services company has decided to cut its …
Vijay Shekhar Sharma, CEO and founder of Paytm parent One97 Communications, Monday said the company is considering bringing 10 million merchants by 2025 on the government-backed Open Network for Digital Commerce platform, adding that the firm has seen close to 11.8 million customers routed to its product from the platform, news agency PTI reported. “Paytm’s …