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Grapevine: OTPP, Sahyadri Hospitals, Accel-backed Bluestone, Paytm,  and SoftBank in news

General

06 December, 2024

Grapevine: OTPP, Sahyadri Hospitals, Accel-backed Bluestone, Paytm, and SoftBank in news

Ontario Teachers’ Pension Plan plans to sell a controlling stake in a healthcare portfolio, and Accel-backed Bluestone has received board ......

SoftBank swings back to quarterly profit with $7.7 bn gain

Finance

12 November, 2024

SoftBank swings back to quarterly profit with $7.7 bn gain

Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as ......

Paytm cuts EBITDA loss in Q2; gains from one-time sale of ticketing biz

TMT

22 October, 2024

Paytm cuts EBITDA loss in Q2; gains from one-time sale of ticketing biz

SoftBank and Ant Financial-backed One97 Communications, Paytm's parent, posted a net profit of Rs 930 crore dring the second quarter ......

Zomato to acquire Paytm's movie and events ticketing business for $244 mn

TMT

21 August, 2024

Zomato to acquire Paytm's movie and events ticketing business for $244 mn

Indian food delivery platform Zomato said on Wednesday it will acquire the movie and events ticketing businesses of digital payments ......

Paytm Q1 loss widens to $100 mn, expects earnings rebound from Q2

TMT

19 July, 2024

Paytm Q1 loss widens to $100 mn, expects earnings rebound from Q2

India's Paytm on Friday said profitability and revenue should start improving from the second quarter due to better cost management, ......

SEBI warns Paytm over old transactions with payments bank unit

Finance

16 July, 2024

SEBI warns Paytm over old transactions with payments bank unit

Paytm received an administrative warning from India's markets regulator for certain transactions with its banking unit in the fiscal year ......

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How Paytm, Zomato and other internet-related businesses are valued on stock markets

TMT

15 July, 2024

How Paytm, Zomato and other internet-related businesses are valued on stock markets

In the second half of 2021, the pandemic-driven boom in technology stocks prompted many Indian internet-related business ventures to float ......

Paytm gets nod from government panel to infuse funds in payments arm

TMT

09 July, 2024

Paytm gets nod from government panel to infuse funds in payments arm

India's beleaguered Paytm has secured approval from a government panel that oversees investments linked to China to invest 500 million ......

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Grapevine: Ola Electric faces pushback on valuation; Pine Labs eyes $1-bn IPO

General

24 June, 2024

Grapevine: Ola Electric faces pushback on valuation; Pine Labs eyes $1-bn IPO

Ola Electric Mobility Ltd. is encountering investor resistance regarding its target valuation for the upcoming initial public offering (IPO) of ......

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Grapevine: Paytm may sell ticketing biz; Jefferies set to hire StanChart exec

General

17 June, 2024

Grapevine: Paytm may sell ticketing biz; Jefferies set to hire StanChart exec

Paytm is in advanced talks with Zomato Ltd. to sell its movie and events ticketing business, a media report said.    The ......