Paytm stocks rise over 2% after selling entertainment ticketing business to Zomato

Paytm stocks rise over 2% after selling entertainment ticketing business to Zomato

Shares of Paytm’s owner One97 Communications rose a little over 2% in the morning trade on Thursday (August 22, 2024) after the fintech company said it will sell its entertainment ticketing business to Zomato. | Photo Credit: REUTERS Shares of Paytm’s owner One97 Communications rose a little over 2% in the morning trade on Thursday … Read more

Softbank exits Paytm at loss of around $150 million

Softbank exits Paytm at loss of around 0 million

Paytm’s shares closed at ₹467.25 apiece on July 12, 2024. File | Photo Credit: REUTERS Japan’s Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around $150 million, sources aware of the development said. Softbank invested about $1.5 billion in One97 Communications, the owner of Paytm brand, … Read more

Paytm shares jumped 5% in the morning trade on February 26, 2024

Paytm shares jumped 5% in the morning trade on February 26, 2024

Paytm, on February 9, announced setting up of a group advisory committee to advise the company on strengthening compliance and on regulatory matters. | Photo Credit: The Hindu Shares of Paytm owner One97 Communications jumped 5% in the morning trade on February 26 after Reserve Bank of India (RBI) asked retail payment settlement body NPCI … Read more