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Paytm Payments Bank to cut about 20% of staff as business halt looms

Finance

14 March, 2024

Paytm Payments Bank to cut about 20% of staff as business halt looms

Indian digital payments firm Paytm plans to cut close to 20% of staff at its banking unit amid uncertainty over ......

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SoftBank's biggest India bet turning out to be its worst nightmare

TMT

29 February, 2024

SoftBank's biggest India bet turning out to be its worst nightmare

Japanese tech investment goliath SoftBank, known for its big-ticket private equity investments in Indian internet companies and who was on ......

RBI moves to ensure continuity of UPI payments on Paytm

TMT

23 February, 2024

RBI moves to ensure continuity of UPI payments on Paytm

The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India (NPCI) to examine ......

ED fails to find breaches in Paytm Payments Bank's overseas transactions so far

TMT

19 February, 2024

ED fails to find breaches in Paytm Payments Bank's overseas transactions so far

An investigation into possible foreign exchange violations at Patym Payments bank by India's financial crime fighting agency has not yet ......

Enforcement Directorate seeks overseas transaction details from Paytm Payments Bank

TMT

14 February, 2024

Enforcement Directorate seeks overseas transaction details from Paytm Payments Bank

India's financial crime fighting agency is seeking details on overseas transactions from Paytm Payments Bank, a unit of one of ......

Paytm shares hit fresh lows as Macquarie sees 'arduous' path for payments firm

Finance

13 February, 2024

Paytm shares hit fresh lows as Macquarie sees 'arduous' path for payments firm

Paytm's shares dropped 10% to a new record low on Tuesday, after brokerage Macquarie said the Indian payments firm faces ......

RBI declines to review Paytm Payments Bank issue

TMT

12 February, 2024

RBI declines to review Paytm Payments Bank issue

India's central bank will not review its recent regulatory action taken on Paytm Payments Bank, Governor Shaktikanta Das said on ......

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Grapevine: Healthium Medtech gets more suitors; race for Fourth Partner Energy heats up

General

12 February, 2024

Grapevine: Healthium Medtech gets more suitors; race for Fourth Partner Energy heats up

Ontario Teachers Pension Plan (OTPP), one of the world’s largest pension funds, is teaming up with domestic private equity firm ......

EPFO to shut the door on claims made via Paytm Payments Bank

TMT

09 February, 2024

EPFO to shut the door on claims made via Paytm Payments Bank

India's state-run social security fund will halt claims made via Paytm Payments Bank accounts from Feb. 23, as the country's ......

Mild recovery in Paytm shares after reports of CEO meeting finance minister, RBI officials

TMT

07 February, 2024

Mild recovery in Paytm shares after reports of CEO meeting finance minister, RBI officials

Shares of Paytm climbed as much as 10% on Wednesday after media reported that the embattled digital payments firm's CEO ......