Paytm shares jump 12% in two days; here's what fuelled rally
Paytm share price rallied 20% to hit an intra-day high of ₹669.60 on the BSE on Tuesday after some foreign brokerages recommended “Buy” rating on the stock.
fintech industry
February 2023
January 2023
December 2022
Paytm stock surges over 8% as Q3 loss narrows
During the quarter, the company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) before ESOP improved by ₹452 crore YoY.
Fintech startup funding down 47% in 2022: Tracxn
The number of funding rounds also declined by 29% to 390 rounds in 2022 as compared to the same period in 2021.
How FinTechs Play a Key Role in Weathering Recession in the Indian Economy
An intelligent combination of ‘human touch’ with technology enablers will pave the way for inclusion and growth in the true sense, going forward
BharatPe gets RBI nod to operate as payment aggregator
The fintech unicorn will launch online payment aggregator business upon the receipt of the final authorisation.
Paytm share jumps 4% on strong Q3 business update
The total loan disbursements grew 357% YoY to ₹9,958 crore, while the number of loans grew 117% YoY to 0.37 crore in Q3 FY23.
Paytm share surges 14% in three days; here’s why
On Wednesday, shares of One 97 Communications gained as much as 5.5% to hit an intraday high of ₹541.50 on the BSE.
Why buyback plan failed to soothe Paytm investors' nerves
Investors remained skeptical about buyback size and route through which the company intended to repurchase shares.
Paytm to buy back shares worth ₹850 cr at 50% premium; stock falls 3%
The board of Paytm has approved a share buy back plan at ₹810 apiece, a premium of 50% as compared to current market price, to encourage shareholders to sell the shares back to the company.
BharatPe sues Ashneer Grover, wife for embezzlement of funds; claims ₹88.6 cr
The BharatPe board had earlier alleged Grover and his family of “extensive misappropriation” of company funds.
