One97 Communications Ltd. News and Updates

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One97 Communications Ltd.

26 Jul 2024

852.35

-0.57%

Paytm shares hit upper circuit on govt nod for investment in payments arm

Business Standard

The stock price surged on the back of reports claiming that the company had received the government nod to invest Rs 50 crore in its associate entity Paytm Payments Services Limited (PPSL)

One97 Communications Ltd. is trading above all available SMAs

Crisis-hit Paytm gets govt approval for investment in payments arm: Report

Business Standard | 26 Jul 2024

One97 Communications Ltd.

23 Jul 2024

852.35

-0.57%

Paytm partners with Axis Bank to provide payment technology solutions

Business Standard

Fintech will provide point-of-sale and card machines to the private sector lender

One97 Communications Ltd. is trading above all available SMAs

One97 Communications Ltd.

22 Jul 2024

852.35

-0.57%

Paytm Q1 Review - Management Aspires For Operational Profitability This Financial Year Itself: Yes Securities

NDTV Profit

Resumption of customer addition, merchant payments and device traction and lending partner addition on the anvil, says the brokerage.

Number of FII/FPI investors increased from 355 to 364 in Mar 2025 qtr.

Paytm Q1 Results Review: Recovery Begins But Weaker Profitability May Delay Breakeven

NDTV Profit | 22 Jul 2024

One97 Communications Ltd.

21 Jul 2024

852.35

-0.57%

'Need champion of change': Paytm founder Vijay Shekhar Sharma says 'would love to fund' for vending machine for stray dogs

Business Today

Sharma posted a video on X about an initiative in Istanbul that feeds stray dogs, saying he was looking for a "champion of change." He didn't specify if he wanted to fund the initiative in Turkey or India.

Emkay released a Buy report for One97 Communications Ltd. with a price target of 1050.0 on 07 May, 2025.

One97 Communications Ltd.

19 Jul 2024

852.35

-0.57%

Hope To Deliver At Least One Profitable Quarter This Fiscal, Says Paytm's CEO

NDTV Profit

Sharma said Paytm will go back to payments and cross-selling financial services as a core business.

One97 Communications.. has an average target of 921.67 from 3 brokers.

Paytm Shares Rebound After Lower-Than-Expected Loss In First Quarter

NDTV Profit | 19 Jul 2024 3 more

One97 Communications Ltd.

19 Jul 2024

852.35

-0.57%

to see Rapid results content

One97 Communications Ltd.

19 Jul 2024

852.35

-0.57%

One97 Communications Ltd (PayTM) Results Earnings Call for Q1FY25

Conference Call with One97 Communications Ltd. Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Management in attendance: Vijay Shekhar Sharma and senior team

One97 Communications Ltd.

17 Jul 2024, 12:13AM

852.35

-0.57%

FlixBus partners with Paytm to enhance global travel tech distribution

Business Standard

Global travel tech firm FlixBus has partnered with fintech major Paytm to expand its distribution network, a joint statement said on Tuesday. With this, FlixBus tickets will now be available through the Paytm app. "This collaboration is poised to drive substantial growth for both companies, expanding Paytm's travel options and reinforcing its position in the travel industry while enabling FlixBus to tap into Paytm's vast customer base and technological expertise," the statement said. "By encouraging more people to choose bus travel, we can significantly reduce emissions and make a positive impact on the environment. Webelieve it will significantly enhance the travel experience for millions of users," Surya Khurana, Managing Director of FlixBus India, said. Shares of Paytm settled at Rs 459.75 apiece on the BSE, down 2 per cent from the previous close.

One97 Communications Ltd. is trading above all available SMAs

SEBI warns Paytm over payments bank deals; shares drop 1%

Business Line | 16 Jul 2024, 11:33AM

One97 Communications Ltd.

13 Jul 2024

852.35

-0.57%

Japan's Softbank Divests Its Entire Stake In Paytm

NDTV Profit

The Japanese conglomerate has been continuously divesting its stake in the fintech giant.

One97 Communications Ltd. has gained 148.32% in the last 1 Year

One97 Communications Ltd.

13 Jul 2024

852.35

-0.57%

Softbank exits Paytm in June quarter at loss of around $150 mn: Report

Business Standard

Japan's Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around USD 150 million, sources aware of the development said. Softbank invested about USD 1.5 billion in One97 Communications -- the owner of Paytm brand -- in tranches in 2017. "Softbank has exited Paytm at a loss of 10-12 per cent. The total loss is around USD 150 million," one of the sources said. Softbank held around 18.5 per cent stake in Paytm before the company's initial public offering (IPO) in 2021. It held a 17.3 per cent stake through SVF India Holdings (Cayman) Ltd and 1.2 per cent through SVF Panther (Cayman) Ltd. SVF Panther sold its entire stake during the IPO for Rs 1,689 crore, about USD 225 million. "Softbank announced that it will exit Paytm in 24 months from the time of the IPO. The exit was in line with Softbank's plan. However, the company did anticipate loss at that time," another source said. Softbank had acquired Paytm shares at an average price of abo