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SEBI Pulls Up Paytm Founder, Director on IPO Breaches: Report
Paytm founder Vijay Shekhar Sharma and other board members who held roles during the firm's November 2021 IPO over alleged misrepresentation of facts. SEBI alleged that grant of 21 million employee stock options (ESOPs) to Sharma were in violation of its rules on grant of shares-based employee benefits.
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SEBI Notice To Paytm On 2.1 Crore Employee Stock Options To CEO, Firm Says...
Market regulator Sebi has issued notice to fintech firm One97 Communications, which owns the Paytm brand, in the March 2024 quarter on employee stock options given to its MD and CEO Vijay Shekhar Sharma, according to the company filing.
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Lays Off At Paytm As Loss Widens After RBI Action
Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement.
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Fearing Job Loss, Paytm Employee Dies By Suicide In Madhya Pradesh: Cops
A 35-year-old staffer of Paytm Payments Bank Ltd has committed suicide by hanging himself in Indore prima facie due to stress over potential job loss, police said on Monday.
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EPFO to Halt Claims Made via Paytm Payments Bank Following RBI Restrictions
The Employees' Provident Fund Organisation (EPFO) has issued an order asking officers to refrain from accepting claims linked with accounts in Paytm Payments Bank. The move comes after the RBI recently directed Paytm Payments Bank to stop accepting new deposits in its accounts or digital wallets from March.
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Amid Layoffs, Paytm CEO Shares 2024 To-Do List Featuring Big AI Upgrades
Fintech giant Paytm's parent company, One97 Communication, has laid off 100s of employees across verticals due to the firm's implementation of Artificial Intelligence (AI) to bring automation in its process and ensure cost-cutting.
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Paytm Lays Off 100s Of Employees After Induction Of AI To Cut Costs
Paytm's parent company One97 Communication has laid off 100s of employees across verticals including sales and engineering, due to the firm's implementation of Artificial Intelligence (AI) to bring automation in its process and ensure cost-cutting.
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Paytm's Vijay Shekhar Sharma May Not Be Eligible For Stock Options: Report
Paytm may be circumventing regulation to grant employee stock options to founder and Chief Executive Officer Vijay Shekhar Sharma, according to proxy advisory firm Institutional Investor Advisory Services.
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Vijay Shekhar Sharma to Continue as Paytm MD, CEO MD for Five Years, Backed by 99.67 Percent of Shareholders
Paytm founder Vijay Shekhar Sharma has been reappointed as Managing Director and Chief Executive Officer for another five years, according to the company. The country’s leading digital payments and financial services company and pioneer of QR and mobile payments said that 99.67 per cent of shareholders voted in favour of him continuing in his rol...
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PhonePe Files Complaint Against Paytm Employees For Burning Its QR Codes
Digital payment provider PhonePe has filed a police complaint against employees of rival fintech company Paytm for allegedly burning its QR codes.
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"My Stock Grants Will Be Vested To Me When...": Here's What Paytm Founder Said
Paytm's Founder and Chief Executive Officer Vijay Shekhar Sharma on Wednesday said that his stock grants (employee stock options) will be vested to him only when the market capitalisation of the company crosses the initial public offering (IPO) level on a sustained basis.
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Delhi Woman, Who Came In Contact With Coronavirus Infected Paytm Staff, Isolated
A woman, who came in contact with the Paytm employee who tested positive for coronavirus, has been admitted to Safdarjung Hospital in the city for suspected infection, Delhi's health department said on Saturday.
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Indian Tech Firms Scramble to Shield Workers Against Coronavirus
With the coronavirus cases growing by every passing hour, Indian tech companies have scrambled to find solutions to safeguard their employees from the deadly virus and flexible working hours/work from home is on top of their minds.
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Another Person Tests Positive For Coronavirus, Cases Rise To 30 In India
Health Minister Harsh Vardhan today briefed members of the Rajya Sabha on the steps taken by India to control the outbreak of the highly contagious Novel Coronavirus or COVID-19. A person was today found infected by the virus, taking the number of positive cases in India to 30. The highly contagious virus was first detected at a seafood market in C...
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Paytm Offices Shut After Employee Tests Positive for Coronavirus
Paytm on Wednesday decided to shut its offices in Gurugram and Noida for at least two days after one of its employees who had recently travelled to Italy tested positive for COVID-19.
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SEBI Pulls Up Paytm Founder, Director on IPO Breaches: Report
Paytm founder Vijay Shekhar Sharma and other board members who held roles during the firm's November 2021 IPO over alleged misrepresentation of facts. SEBI alleged that grant of 21 million employee stock options (ESOPs) to Sharma were in violation of its rules on grant of shares-based employee benefits.
-
SEBI Notice To Paytm On 2.1 Crore Employee Stock Options To CEO, Firm Says...
Market regulator Sebi has issued notice to fintech firm One97 Communications, which owns the Paytm brand, in the March 2024 quarter on employee stock options given to its MD and CEO Vijay Shekhar Sharma, according to the company filing.
-
Lays Off At Paytm As Loss Widens After RBI Action
Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement.
-
Fearing Job Loss, Paytm Employee Dies By Suicide In Madhya Pradesh: Cops
A 35-year-old staffer of Paytm Payments Bank Ltd has committed suicide by hanging himself in Indore prima facie due to stress over potential job loss, police said on Monday.
-
EPFO to Halt Claims Made via Paytm Payments Bank Following RBI Restrictions
The Employees' Provident Fund Organisation (EPFO) has issued an order asking officers to refrain from accepting claims linked with accounts in Paytm Payments Bank. The move comes after the RBI recently directed Paytm Payments Bank to stop accepting new deposits in its accounts or digital wallets from March.
-
Amid Layoffs, Paytm CEO Shares 2024 To-Do List Featuring Big AI Upgrades
Fintech giant Paytm's parent company, One97 Communication, has laid off 100s of employees across verticals due to the firm's implementation of Artificial Intelligence (AI) to bring automation in its process and ensure cost-cutting.
-
Paytm Lays Off 100s Of Employees After Induction Of AI To Cut Costs
Paytm's parent company One97 Communication has laid off 100s of employees across verticals including sales and engineering, due to the firm's implementation of Artificial Intelligence (AI) to bring automation in its process and ensure cost-cutting.
-
Paytm's Vijay Shekhar Sharma May Not Be Eligible For Stock Options: Report
Paytm may be circumventing regulation to grant employee stock options to founder and Chief Executive Officer Vijay Shekhar Sharma, according to proxy advisory firm Institutional Investor Advisory Services.
-
Vijay Shekhar Sharma to Continue as Paytm MD, CEO MD for Five Years, Backed by 99.67 Percent of Shareholders
Paytm founder Vijay Shekhar Sharma has been reappointed as Managing Director and Chief Executive Officer for another five years, according to the company. The country’s leading digital payments and financial services company and pioneer of QR and mobile payments said that 99.67 per cent of shareholders voted in favour of him continuing in his rol...
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PhonePe Files Complaint Against Paytm Employees For Burning Its QR Codes
Digital payment provider PhonePe has filed a police complaint against employees of rival fintech company Paytm for allegedly burning its QR codes.
-
"My Stock Grants Will Be Vested To Me When...": Here's What Paytm Founder Said
Paytm's Founder and Chief Executive Officer Vijay Shekhar Sharma on Wednesday said that his stock grants (employee stock options) will be vested to him only when the market capitalisation of the company crosses the initial public offering (IPO) level on a sustained basis.
-
Delhi Woman, Who Came In Contact With Coronavirus Infected Paytm Staff, Isolated
A woman, who came in contact with the Paytm employee who tested positive for coronavirus, has been admitted to Safdarjung Hospital in the city for suspected infection, Delhi's health department said on Saturday.
-
Indian Tech Firms Scramble to Shield Workers Against Coronavirus
With the coronavirus cases growing by every passing hour, Indian tech companies have scrambled to find solutions to safeguard their employees from the deadly virus and flexible working hours/work from home is on top of their minds.
-
Another Person Tests Positive For Coronavirus, Cases Rise To 30 In India
Health Minister Harsh Vardhan today briefed members of the Rajya Sabha on the steps taken by India to control the outbreak of the highly contagious Novel Coronavirus or COVID-19. A person was today found infected by the virus, taking the number of positive cases in India to 30. The highly contagious virus was first detected at a seafood market in C...
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Paytm Offices Shut After Employee Tests Positive for Coronavirus
Paytm on Wednesday decided to shut its offices in Gurugram and Noida for at least two days after one of its employees who had recently travelled to Italy tested positive for COVID-19.
