China’s Ant Group to sell 4% stake in India’s Paytm for US$242 million
Paytm has seen a spate of selldowns in the past two years, including the exit of Warren Buffett’s Berkshire Hathaway ...
Tag: Paytm
India markets regulator issues notice to Paytm founder, Moneycontrol reports
INDIA’S markets regulator has issued show-cause notices to Paytm founder Vijay Shekhar Sharma and other board members who held roles ...
India markets regulator pull up Paytm founder, director on IPO breaches, Moneycontrol reports
INDIA’S markets regulator has issued show-cause notices to Paytm founder Vijay Shekhar Sharma and other board members who held roles ...
Paytm is in talks with Zomato to sell movie, ticketing business
PAYTM is in talks to sell its movie and ticketing business to Zomato, as the Indian fintech pioneer seeks to ...
India’s Paytm flags further financial impact of banking unit wind down
INDIAN digital payments firm Paytm posted a wider loss in the fourth quarter on Wednesday (May 22) and warned of ...
India’s Paytm wins payments approval it needs to stay in business
INDIA’S Paytm won approval to become a consumer digital payments platform, helping the beleaguered fintech continue a bulk of its ...
India’s Paytm Payments Bank fined over US$662,000 for alleged money laundering
INDIA’S Financial Intelligence Unit (FIU) on Friday (Mar 1) imposed a penalty of US$662,565 on Paytm’s banking arm, Paytm Payments ...
India’s Paytm discontinues inter-company agreements with its payments bank
INDIA’S Paytm and its payments bank unit have mutually agreed to discontinue various inter-company agreements in the process to reduce ...
Japan’s SoftBank cuts stake in India’s Paytm to under 3%
JAPAN’S SoftBank Group has further reduced its stake in beleaguered Indian payments firm Paytm to 2.83 per cent from 5.01 ...
India central bank asks payment authority to consider Paytm request to become third party app provider
THE Reserve Bank of India said on Friday (Feb 23) it has asked the National Payments Corporation of India to ...
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