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Zomato’s ad for its '16th janamdin' gets a shout-out from Paytm CEO

Zomato shared a full-page ad on its 16th birthday that got a shout-out from Paytm CEO Vijay Shekhar Sharma.

Zomato's full-page ad celebrating its 16th birthday.(X/@vijayshekhar)
Updated on Jul 10, 2024 11:01 AM IST
Edited by Sanya Jain

Paytm founder Vijay Shekhar Sharma talks about Paytm, expectations from budget

Vijay Shekhar Sharma talked about how the Paytm could have handled its responsibilities better, while also highlighting his 2024 Union Budget expectations.

Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of Paytm (Bloomberg)
Published on Jul 06, 2024 11:07 PM IST
By | Edited by Abhyjith K. Ashokan

Vijay Shekhar Sharma's rebuild team plan: Wants ex-Paytm executives to come back

Paytm said that this is speculative and the company is focussing more on promoting high-performing talent into leadership roles.

Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of Paytm, attends the Japan Fintech Festival in Tokyo, Japan.(Bloomberg)
Published on Jun 10, 2024 02:05 PM IST

Paytm share price gains over 8.5% crossing 400 mark after 8 weeks

Paytm stock has gained 33.54% from its all-time low of ₹310 which was touched in the second week of May.

Paytm share price: A QR code for the Paytm digital payment system at a store in Mumbai, India.(Bloomberg)
Published on Jun 10, 2024 11:05 AM IST

Paytm’s market share continues to fall after RBI crackdown

Paytm's market share falls for the fourth month after RBI ordered its affiliate, Paytm payments bank to close.

A QR code for the Paytm digital payment system at a store in Mumbai, India.(Bloomberg)
Published on Jun 08, 2024 08:21 PM IST
By | Edited by Abhyjith K. Ashokan

Gautam Adani in talks with Vijay Shekhar Sharma to acquire stake in Paytm?

The report claimed that talked between Gautam Adani and Vijay Shekhar Sharma have been going on for a while.

Gautam Adani speaks during an interview in Ahmedabad.(Reuters)
Updated on May 29, 2024 07:46 AM IST

Paytm layoffs: Company may cut jobs of 5,000-6,300 employees amid crisis

Paytm layoffs: Paytm's Vijay Shekhar Sharma acknowledged the impact on revenue and profitability from the RBI's regulatory actions.

Paytm layoffs: Paytm founder and CEO Vijay Shekhar Sharma during an event in Mumbai, (PTI)
Updated on May 24, 2024 11:43 AM IST
By | Edited by Mallika Soni

Vijay Shekhar Sharma says ‘worst behind us’, brokerages say Paytm may fall more

Paytm reported a drop in revenue to ₹2,399 crore in Q4 from ₹2,465 crore a year earlier and losses widened to ₹551 crore in a quarter.

Paytm founder and CEO Vijay Shekhar Sharma during an event in Mumbai, (PTI)
Updated on May 23, 2024 03:07 PM IST
By | Edited by Mallika Soni

‘Steve Jobs as coach’: Founder's AI app impresses Paytm's Vijay Shekhar Sharma

Indian-origin founder Shubhankar Srivastava has left Paytm's Vijay Shekhar Sharma in awe with his creation of Steve Jobs-based AI model.

Vijay Shekhar Sharma shared a video of the AI model. (Bloomberg)
Published on May 22, 2024 01:19 PM IST
ByVrinda Jain

Paytm Q4: Vijay Shekhar Sharma tells shareholders ‘anticipate tangible results’

Paytm Q4 results: Vijay Shekhar Sharma said that the company was working on significant cost efficiencies including leaner organization structure.

Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of Paytm, attends the Japan Fintech Festival in Tokyo, Japan.(Bloomberg)
Published on May 22, 2024 12:28 PM IST

Paytm's Vijay Shekhar Sharma praises ‘killer next version of Google Search’

Paytm founder Vijay Shekhar Sharma described the technology as the “killer next version of Google Search.”

Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of Paytm, attends the Japan Fintech Festival in Tokyo, Japan.(Bloomberg)
Published on May 15, 2024 10:45 AM IST
By | Edited by Mallika Soni

Journalist interviews LinkedIn co-founder’s deepfake, Vijay Shekhar Sharma says…

“I talked to a deepfake”, the journalist who interviewed LinkedIn co-founder’s ‘digital twin’ wrote on X. Paytm’s Vijay Shekhar Sharma reacted to her post.

The image shows LinkedIn co-founder’s deepfake being interviewed by a journalist. Vijay Shekhar Sharma reacted to this viral clip. (X/@emilychangtv)
Published on May 10, 2024 08:12 AM IST
ByTrisha Sengupta

Paytm’s Vijay Shekhar Sharma-linked PaiPai scrambles to remove app after launch

Paytm’s Vijay Shekhar Sharma-linked Pai Platforms launched the PaiPai app on Google Play Store by mistake.

Paytm founder Vijay Shekhar Sharma linked PaiPai app was launched ahead of schedule on Google Play STore and the company had to rush to remove it.(Bloomberg)
Updated on Apr 17, 2024 02:30 PM IST

Paytm's Vijay Shekhar Sharma shares he used ChatGPT to know more about this

The artificial intelligence tool said that repeatedly heating oil could form hazardous compounds such as free radicals, he said.

Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of Paytm, attends the Japan Fintech Festival in Tokyo, Japan.(Bloomberg)
Published on Apr 08, 2024 11:03 AM IST

Paytm Payments Bank deadline: Services you can use after March 15

Paytm Payments Bank deadline: Here's a list of services that you can use on Paytm after March 15 deadline

Paytm Payments Bank deadline: A QR code for the Paytm digital payment system at a store in Mumbai, India.(Bloomberg)
Updated on Mar 13, 2024 07:14 AM IST

Paytm's Vijay Shekhar Sharma on RBI action: ‘In my lifetime, I would like…’

Vijay Shekhar Sharma: Despite the setbacks, he said that he appreciates what regulators are doing to create a healthy environment for startups.

Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of Paytm, attends the Japan Fintech Festival in Tokyo, Japan.(Bloomberg)
Updated on Mar 06, 2024 11:59 AM IST

More worry for Paytm? Paytm Payments Bank may lose licence

Paytm Crisis: The decision comes after repeated instances of failed due diligence on the part of Paytm Payments Bank Limited, the report added.

Paytm Crisis: A QR code for the Paytm digital payment system at a store in Mumbai, India.(Bloomberg)
Published on Mar 04, 2024 10:30 AM IST

The inevitable woes of Vijay Shekhar Sharma

If Sharma had his way, this isn’t how things would have gone. But the Reserve Bank of India (RBI) had enough and there was only so much it was willing to tolerate. And Sharma had pushed the boundaries so far such that it could cripple India’s financial ecosystem

 (Bloomberg)
Updated on Mar 02, 2024 08:04 AM IST

Paytm shares settle in red, day after Vijay Shekhar Sharma's resignation

On BSE, the fintech major's stock ended at ₹427.50 apiece, a drop of 0.11%, while on NSE, it closed at ₹426.95, down 0.27%.

Paytm founder and CEO Vijay Shekhar Sharma (File Photo/REUTERS)
Published on Feb 27, 2024 12:02 PM IST

Why Vijay Shekhar Sharma had to resign as Paytm Payments Bank chairman

Vijay Shekhar Sharma resigned as chairman of Paytm Payments Bank on Monday amid an RBI clampdown over compliance issues

Vijay Shekhar Sharma, the Founder and CEO of Paytm(Bloomberg)
Updated on Feb 27, 2024 10:07 AM IST
By | Edited by Kunal Gaurav

Vijay Shekhar Sharma resigns as chairman of Paytm Payments Bank

Paytm founder Vijay Shekhar Sharma resigned as non-executive chairman and board member of its payments bank's unit in a major overhaul.

Paytm founder and CEO Vijay Shekhar Sharma.(Reuters)
Updated on Feb 27, 2024 08:38 AM IST

Paytm Share Price Today: Hits 5% upper circuit. Will it completely recover?

Paytm Share Price: Paytm founder and CEO Vijay Shekhar Sharma said that its QR code and soundbox facilities will continue to work.

Paytm Share Price: Cutlery vendor switches on Paytm, a digital payments firm, speaker to receive received payment details at a roadside market in Ahmedabad.
Updated on Feb 20, 2024 10:44 AM IST

Vijay Shekhar Sharma's message on Paytm QR code, soundbox: Will work ‘today…'

Vijay Shekhar Sharma wrote on X (formerly Twitter), “Paytm QR, soundbox and EDC (card machine) will continue to work like always'.

Paytm Crisis: Paytm founder and CEO Vijay Shekhar Sharma speaks at the Global Fintech Fest in Mumbai.(Reuters)
Updated on Feb 20, 2024 07:48 AM IST

Paytm QR code, card machine to work even after March 15 only if….

Vijay Shekhar Sharma assures that Paytm QR code, Soundbox, and EDC will continue to work after March 15

Paytm crisis: Cutlery vendor switches on Paytm, a digital payments firm, speaker to receive received payment details at a roadside market in Ahmedabad.(REUTERS/Amit Dave)
Published on Feb 16, 2024 06:58 PM IST

ED questions Paytm officials, gets documents on RBI action: Report

The ED is conducting preliminary probe before deciding to formally launch an investigation into alleged irregularities under the Foreign Exchange Management Act

Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of Paytm.(Bloomberg)
Published on Feb 15, 2024 02:45 PM IST

ED initiates probe against Paytm Payments Bank: Report

The ED's move is a fresh setback to the Payments Payments Back, especially after the RBI ruled out any review of its clampdown against the entity.

Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of Paytm.(Bloomberg)
Published on Feb 14, 2024 02:11 PM IST

Paytm share price 2 per cent up after 15% fall in last two sessions

Paytm share price: On Thursday and Friday, the stock fell 15.48 per cent, wiping off ₹4,870.96 crore from its market valuation on the Sensex

The Paytm shares had surged 10 per cent on Wednesday after rebounding over three per cent on Tuesday following three days of sharp fall(REUTERS)
Updated on Feb 12, 2024 10:41 AM IST

Centre examining FDI flow from China in Paytm Payments Services

One97 Communications Ltd (OCL) has investment from Chinese firm Ant Group Co.

An inter-ministerial committee is examining investments from China in PPSL and decision would be taken on the FDI issue after due consideration and comprehensive examination(Bloomberg)
Updated on Feb 12, 2024 08:23 AM IST
PTI |

After RBI curbs, now EPFO blocks Paytm Payments Bank

The EPFO, with a corpus of over 18 trillion rupees and covering nearly 30 crore workers, had allowed the Paytm Payments Bank to settle claims in November

The EPFO order has been issued a week after the Reserve Bank of India asked Paytm Payments Bank to stop accepting all deposits after February 29
Published on Feb 09, 2024 04:11 PM IST

Paytm Payments Bank independent director quit after RBI crackdown

Paytm Payments Bank independent director Manju Agarwal had resigned from the board with effect from February 1.

The Paytm Payments Bank is an associate of One97 Communications Limited, which holds 49 per cent of the paid-up share capital (directly and through its subsidiary) of PPBL(Bloomberg)
Updated on Feb 09, 2024 09:50 AM IST
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