Clipped from: https://www.business-standard.com/article/companies/monetisation-vendor-base-expansion-key-themes-of-first-paytm-earnings-call-121112800744_1.html Revenue from operations up 64% YoY to Rs 1,090 crore in Q2FY22, driven by 52% growth in non-UPI payment volumes and over 3x
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Paytm in focus again as analysts question CEO on profit, business model | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-in-focus-again-as-analysts-question-ceo-on-profit-business-model-121112900161_1.html Paytm’s top executives spent 90 minutes on a call with investors and analysts on Saturday as they raised questions on monetization. Workers prepare
M&M reinvents itself with big digital focus – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/mm-reinvents-itself-with-big-digital-focus/article37742013.ece?homepage=true The Mahindra Group, the $22-billion auto to IT services conglomerate, is going big on rolling out separate new- age digital platforms across multiple
Inside Reliance Retail’s plan to become a one-stop shop for everything – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/inside-reliance-retails-plan-to-become-a-one-stop-shop-for-everything/articleshow/87953057.cmsSynopsis The company is looking beyond pure retailing. It’s pursuing a larger play to tap into the growing pie of the country’s overall consumption
NoBroker becomes India’s first proptech unicorn, plans heavy investment on apartment management services – BusinessToday
Clipped from: https://www.businesstoday.in/entrepreneurship/story/nobroker-becomes-indias-first-proptech-unicorn-plans-heavy-investment-on-apartment-management-services-313130-2021-11-23 The deal values the company at $1 billion, helping it become the first prop-tech unicorn in India. NoBroker has raised $361 million so
PLI scheme for pharma to benefit 55 firms, says Centre – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/pli-scheme-for-pharma-to-benefit-55-firms-says-centre/articleshow/87941213.cmsSynopsis The first category included biopharmaceuticals, complex generic drugs, patented drugs or drugs nearing patent expiry, cell-based or gene therapy drugs, orphan drugs, special
Tyre stocks may continue to underperform as margin worries weigh | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tyre-stocks-may-continue-to-underperform-as-margin-worries-weigh-121112601129_1.html Price hikes by companies have not been enough to absorb the sharp rise in input costs While higher exports have reflected in the
handloom sector: A dying trade: Can the handloom sector stand up to the march of the machines? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/a-dying-trade-can-the-handloom-sector-stand-up-to-the-march-of-the-machines/articleshow/87880191.cms SynopsisThe handloom sector is a big employer, contributes a chunk to exports and is deeply ingrained with the rural economy. In the age
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
PC shipments hit record levels with 4.5 million units in July-Sept quarter – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/computers-and-laptops/despite-supply-challenges-indias-pc-market-continues-its-growth-momentum/article37556013.ece Bigger than the total yearly consumer shipments in 2019 The India traditional PC market (inclusive of desktops, notebooks, and workstations) continued its growth
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 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
Stellar debut: Policybazaar now in top 100 companies – The Financial Express
Clipped from: https://www.financialexpress.com/market/stellar-debut-policybazaar-now-in-top-100-companies/2369912/ With a market capitalisation of Rs 54,070.33 crore, the fintech player is now the 94th biggest company in the listed space, ahead of
Paytm Money launches AI-powered ‘Voice Trading’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/paytm-money-launches-ai-powered-voice-trading/article37499075.ece?homepage=true Lets a user to place a trade or get information about stocks via a single voice command Homegrown fintech platform Paytm on Monday
Customer service and claims experience will be key focus areas: PB Fintech – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/customer-service-claims-experience-will-be-key-focus-areas-pb-fintech/article37507579.ece?homepage=true ‘We are in no hurry to be profitable’ PB Fintech — the parent of online insurance and credit comparison platforms Policybazaar and Paisabazaar
Improving economic activity to aid commercial vehicles sales: Ashok Leyland – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/lcv-hcv/improving-economic-activity-to-aid-commercial-vehicles-sales-ashok-leyland/articleshow/87718384.cmsSynopsis Commercial vehicles major Ashok Leyland said that with the economy improving and core sector businesses doing well, commercial vehicle sales will improve after
‘DeMon ushered in transparency, gave digital payments big push’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/demon-ushered-in-transparency-gave-digital-payments-big-push/article37474775.ece In a series of tweets, Centre defends note ban move The Centre has asserted that had there been no notes recall, the currency
