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Vijay Shekhar Sharma

Govt defers nod for Paytm's investment in its payments arm

TMT

16 April, 2024

Govt defers nod for Paytm's investment in its payments arm

India has deferred approval of Paytm’s 500 million rupee ($6 million) investment in its Paytm Payment Services arm in part ......

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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 ......

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 ......

MakeMyTrip, Policybazaar warn RBI of slowing investment in fintech sector post Paytm crackdown

Economy

06 February, 2024

MakeMyTrip, Policybazaar warn RBI of slowing investment in fintech sector post Paytm crackdown

India's MakeMyTrip and insurance seller PolicyBazaar have told the central bank its crackdown on digital payments firm Paytm will hurt ......

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SoftBank headed for a big haircut from one of its showcase India bets

TMT

24 January, 2024

SoftBank headed for a big haircut from one of its showcase India bets

Japan’s SoftBank, known for its big-ticket private equity investments in new age tech companies in the country and who was on ......

Paytm posts fourth straight operational profit on steady loan growth

Finance

20 October, 2023

Paytm posts fourth straight operational profit on steady loan growth

Indian digital payments firm Paytm posted an operating profit for the fourth straight quarter on Friday, helped by steady loan ......

Paytm's Sharma says open to increasing stake in payments firm

TMT

05 September, 2023

Paytm's Sharma says open to increasing stake in payments firm

Paytm founder Vijay Shekhar Sharma said on Monday he is open to increasing his stake in the Indian fintech firm ......

Ant Financial offloads more stake in Paytm for $247 mn

Finance

25 August, 2023

Ant Financial offloads more stake in Paytm for $247 mn

Chinese financial conglomerate Ant Financial on Friday offloaded a 3.6% stake in Indian fintech company Paytm for Rs 2,037 crore ......

Paytm's Sharma to acquire Ant Financial's 10.3% stake

TMT

07 August, 2023

Paytm's Sharma to acquire Ant Financial's 10.3% stake

Paytm Chairman Vijay Shekhar Sharma will buy a 10.3% stake worth $628 million in the firm he founded from an ......