Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/paytm-wild-ride-continues-as-stock-sinks-again-ahead-of-earnings/articleshow/87925873.cmsSynopsis Ahead of the results, Paytm’s shares dropped as much as 7.7% in early Mumbai trading on Friday. While the stock had jumped about
Category: Company Specific News
amazon: MP home minister asks police to register FIR against Amazon officials in suicide case – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/mp-home-minister-asks-police-to-register-fir-against-amazon-officials-in-suicide-case/articleshow/87913734.cmsSynopsis Madhya Pradesh Home Minister Narottam Mishra on Thursday ordered registration of an FIR against officials of Amazon over the suicide of a youth
Amazon writes to Future Retail’s independent directors alleging ‘financial irregularities’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/amazon-writes-to-future-retails-independent-directors-alleging-financial-irregularities/articleshow/87916956.cmsSynopsis New Delhi, Amazon has written to the independent directors of Future Retail Ltd (FRL) alleging “significant financial irregularities”, and said this warrants a
Paytm Money launches Margin Pledge feature – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/paytm-money-launches-margin-pledge-feature/article37664886.ece?homepage=true The feature allows users to pledge their stocks to the broker in return for a collateral margin with just a few clicks Paytm
NPCI Bharat BillPay onboards Tata Power as the first power company on ClickPay – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/npci-bharat-billpay-onboards-tata-power-as-the-first-power-company-on-clickpay/article37638975.ece?homepage=true This will enable more than seven lakh customers of Tata Power (Mumbai) to pay their electricity bills using the service NPCI Bharat BillPay
Paytm’s GMV up 131% to $11.2 billion in Oct as festive-time spends rise | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-s-gmv-up-131-to-11-2-billion-in-oct-as-festive-time-spends-rise-121112200023_1.html The company, in a disclosure to the exchanges, said that the growth was driven by the festive season and an increase in number
Sebi likely to quiz investment bankers on Paytm’s listing fiasco | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-likely-to-quiz-investment-bankers-on-paytm-s-listing-fiasco-121112000105_1.html Regulator to also probe the trading pattern on listing day Photo: Bloomberg The Securities and Exchange Board of India (Sebi) plans to question
A better balancesheet, green plans behind RIL’s change of tack for oil biz | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/a-better-balancesheet-green-plans-behind-ril-s-change-of-tack-for-oil-biz-121112000499_1.html RIL now plans to take in partners in its new energy and specialty chemical businesses which means its subsidiaries will take different directions
Vijay Shekhar Sharma’s obsession with creating a record for Paytm IPO led to a bad Day 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/vijay-shekhar-sharmas-obsession-on-creating-a-record-for-paytm-ipo-led-to-a-bad-day-1/articleshow/87793851.cmsSynopsis By 11 a.m., Sharma’s long-anticipated coming out party had turned into one of the worst opening days for a blockbuster tech listing since
Will Paytm’s poor debut hit Indian start-up ecosystem’s funding and valuations? – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/will-paytms-poor-debut-hit-indian-start-up-ecosystems-funding-and-valuations-312803-2021-11-19 When one of India’s most recognizable brands debuts on the stock markets with a steep 27% discount to the issue price, something must
Paytm’s disappointing debut may raise questions on Mobikwik, OYO IPOs – BusinessToday
Clipped from: https://www.businesstoday.in/markets/ipo-corner/story/paytms-disappointing-debut-may-raise-questions-on-mobikwik-oyo-ipos-312802-2021-11-19 Now analysts fear that even approaching IPOs which have seen huge demand may take a beating on listing. The debut of Paytm, which
Swiggy sees three-fold increase in orders for healthy food in the past year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/swiggy-sees-three-fold-increase-in-orders-for-healthy-food-in-the-past-year/article37560945.ece Food delivery major, Swiggy has witnessed a three-fold growth in the number of orders for healthy food in the last year. Further, Swiggy
Paytm: No cashback, only cash gone! – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/paytm-no-cashback-only-cash-gone/article37555643.ece?homepage=true Valuation is expensive even after a disappointing listing Paytm (One 97 Communications) made a weak debut today at the stock market, at a
Paytm CEO’s fixation on delivering record IPO blamed for first-day flop | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-ceo-s-fixation-on-delivering-record-ipo-blamed-for-first-day-flop-121111900136_1.html The slump is ‘no indicator of the value of our company,’ says Vijay Shekhar Sharma. A storekeeper uses a Paytm All-In-One POS payment
Paytm share price target: Macquarie sees 44% downside in ‘cash guzzler’ Paytm, sets target at Rs 1,200 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/macquarie-sees-44-downside-in-cash-guzzler-paytm-sets-target-at-rs-1200/articleshow/87771326.cmsSynopsis The brokerage said despite factoring in an aggressive 50 per cent compounded annual growth rate (CAGR) increase over the next five years in
Grammarly raises fresh capital fund at a valuation of $13 billion | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/grammarly-raises-fresh-capital-fund-at-a-valuation-of-13-billion-121111800163_1.html Grammarly uses machine learning to assist not only with basic writing, but also spell-check, grammar, tone of language and context. Grammarly uses machine
Policybazaar dazzles on debut. Will the ‘overpriced’ stock make money in the near term? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/money-and-markets/policybazaar-dazzles-on-debut-will-the-overpriced-stock-make-money-in-the-near-term/primearticleshow/87765456.cms SynopsisSince its listing, Policybazaar is holding strong, with continued investor interest. An easy-to-understand business model, robust top line, and losses under control make
Paytm grey market premium: Will Paytm defy startup listing trend? Here’s what grey market is signaling – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/will-paytm-defy-startup-listing-trend-heres-what-grey-market-is-signaling/articleshow/87755001.cmsSynopsis A day ahead of its listing, shares of Paytm on Wednesday exchanged hands at a discount of Rs 20-25 in the unofficial market,
PB Fintech: No insurance against unfavourable risk reward at current levels – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/pb-fintech-no-insurance-against-unfavorable-risk-reward-at-current-levels/article37498967.ece?homepage=true Even with optimistic growth assumptions, stock now trades at a steep 20 times FY25 sales PB Fintech, the company operating online distribution platforms
Spandana Sphoorty founder plans to move RBI, SEBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/spandana-founder-plans-to-move-rbi-sebi/article37488871.ece?homepage=true Regulators have to safeguard the interest of investors, says Padmaja Reddy Spandana Sphoorty Financial’s Founder and former Managing Director Padmaja Reddy plans to