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Paytm shares plunge 20% after RBI orders payments bank unit to stop business

Finance

01 February, 2024

Paytm shares plunge 20% after RBI orders payments bank unit to stop business

Shares of Indian payments firm Paytm tumbled 20% on Thursday, after a move by the country's financial regulator to halt ......

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 ......

Paytm lists at discount, share price drops 25% on stock exchange debut

Markets

18 November, 2021

Paytm lists at discount, share price drops 25% on stock exchange debut

Paytm operator One97 Communications, backed by US investor SoftBank and Alibaba’s Ant Financial, listed at a 9% discount on its ......

Paytm gets SEBI nod for IPO, to list in November

TMT

22 October, 2021

Paytm gets SEBI nod for IPO, to list in November

Paytm’s mega public listing proposal has received a nod from the Securities and Exchange Board of India (SEBI) for its ......

Alibaba's Ant Group files for record-breaking IPO

TMT

25 August, 2020

Alibaba's Ant Group files for record-breaking IPO

Ant Group, Alibaba's fintech arm and China's dominant mobile payments firm, filed for a dual listing in Hong Kong and ......

Grapevine: Zomato eyes Grofers; Donna FMCG raises funding from CanQbate50

General

14 April, 2020

Grapevine: Zomato eyes Grofers; Donna FMCG raises funding from CanQbate50

Food delivery and restaurant discovery platform Zomato is in talks to acquire grocery e-tailer Grofers, Entrackr first reported citing people ......

Zomato backer Ant Financial targets $200 bn valuation in private share sales

TMT

20 January, 2020

Zomato backer Ant Financial targets $200 bn valuation in private share sales

Ant Financial shares are being offered privately at levels which value the Chinese financial giant at $200 billion, two people ......

Ant Financial delivers $150 mn to Zomato at $3 bn valuation

TMT

10 January, 2020

Ant Financial delivers $150 mn to Zomato at $3 bn valuation

Food delivery company Zomato Media Pvt. Ltd has raised $150 million (Rs 1,067 crore) from existing investor Ant Financial, the ......