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Paytm Shares Jump After Reports On CEO's Met With RBI, Finance Minister
Paytm shares climbed as much as 10% on Wednesday after media reported that the embattled digital payments firm's CEO had met Finance Minister Nirmala Sitharaman and the RBI to try to resolve a regulatory crackdown on its payments bank business.
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Paytm Shares Drop After RBI Action Against Payments Bank, Trigger Meme Fest
Digital payments firm Paytm lost a fifth of its market value on Thursday after the Reserve Bank of India (RBI) directed its associate Paytm Payments Bank to halt its business, sparking a meme fest on the internet.
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Paytm Shares Fall A Further 2% In Early Trade, A Day After Crashing Over 10%
Shares of One97 Communications, Paytm's parent firm, on Friday declined over 2 per cent in early trade.
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Paytm Parent One97 Shares Fall on Report of Softbank Stake Sale
Paytm parent One97 Communications' shares fell as much as 10 percent on Thursday after a report that SoftBank would sell Paytm shares with $215 million (roughly Rs. 1,755 crore). The stock is being sold in a range of Rs. 555 to Rs. 601.45 per share, and the sale is the latest in a string of divestments that SoftBank has made in the past few months...
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Paytm Shares Fall 10% To Lowest Since May On SoftBank Stake Sale News
Shares of Paytm's parent One 97 Communications Ltd fell as much as 10 per cent to their lowest since May.
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ICICI Securities Reiterates "Buy" Rating For Paytm
Equity research firm ICICI Securities has reiterated a 'Buy' rating with a share target price of Rs 1,285. Paytm's shares are currently trading at Rs 610.
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We Don't Influence Share Price...: Paytm Chief Vijay Shekhar Sharma
Digital payments company One97 Communications Limited, which operates under the Paytm brand, does not influence the price at which its stock trades but the management is making efforts to make the firm profitable, its MD and CEO Vijay Shekhar Sharma told shareholders on Friday.
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Foreign Investors, Mutual Funds Raise Stake In Paytm
Foreign portfolio investors and mutual funds have marginally increased stake in Paytm's parent company One97 Communications, according to a regulatory filing.
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Paytm Shares Slip Again After A Sharp Rise In Previous Session: 5 Points
Shares of One 97 Communication -- Paytm's parent company -- fell more than 5 per cent on Friday. The stock slipped 5.11 per cent to settle at Rs 545. It had surged 9.52 per cent to close at Rs 574.35 on Thursday. The digital payment firm pulled off the largest-ever initial public offering (IPO) in India, but has since faced many challenges. The IPO...
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Analyst Who Predicted Paytm Slump Further Cuts Target Price
Paytm, the Indian digital payments startup whose stock has slumped 71% since its November market debut, had its price target cut further by a Macquarie Capital Securities (India) Pvt. analyst who was early to predict the company's troubles.
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SoftBank's Munish Varma Exits From Boards of Paytm, PB Fintech
Softbank managing partner Munish Ravinder Varma has resigned from the board of the digital financial services company One97 Communications, which operates under the Paytm brand, and PB Fintech, according to regulatory filings by both companies on Tuesday.
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Paytm Shares Hit New All-Time Low; Crash Over 20% In 2 Days
The share price of Paytm's parent company One 97 Communications Ltd dipped by another 10 per cent on Tuesday hitting a new all-time low.
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Paytm Shares Sink 12% To Rs 685, Down 70% From Issue Price Of Rs 2,150
Paytm shares sink 12 per cent to Rs 685 per share early on Monday, down about 70% from its issue price of Rs 2,150 per share.
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Zomato, Paytm, Nykaa Shares Hit Lowest Levels Since Listing: 10 Points
Shares of Zomato, Paytm parent One 97 Communications Ltd and Nykaa owner FSN E-Commerce Venture have fallen to their lowest levels since listing. Except for Paytm, both Zomato and Nykaa stocks registered massive gains despite posting weak quarterly numbers after strong listings. Paytm made a tepid debut at the exchanges and has plunged more than 58...
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Paytm's Shares Plunge As Brokerage Firm Cuts Target Price
Shares of One97 Communications plunged on Monday and ended at Rs 1,159, falling 5.89 per cent or Rs 72.60 over the previous close of Rs 1,230
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Paytm Shares Jump After Reports On CEO's Met With RBI, Finance Minister
Paytm shares climbed as much as 10% on Wednesday after media reported that the embattled digital payments firm's CEO had met Finance Minister Nirmala Sitharaman and the RBI to try to resolve a regulatory crackdown on its payments bank business.
-
Paytm Shares Drop After RBI Action Against Payments Bank, Trigger Meme Fest
Digital payments firm Paytm lost a fifth of its market value on Thursday after the Reserve Bank of India (RBI) directed its associate Paytm Payments Bank to halt its business, sparking a meme fest on the internet.
-
Paytm Shares Fall A Further 2% In Early Trade, A Day After Crashing Over 10%
Shares of One97 Communications, Paytm's parent firm, on Friday declined over 2 per cent in early trade.
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Paytm Parent One97 Shares Fall on Report of Softbank Stake Sale
Paytm parent One97 Communications' shares fell as much as 10 percent on Thursday after a report that SoftBank would sell Paytm shares with $215 million (roughly Rs. 1,755 crore). The stock is being sold in a range of Rs. 555 to Rs. 601.45 per share, and the sale is the latest in a string of divestments that SoftBank has made in the past few months...
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Paytm Shares Fall 10% To Lowest Since May On SoftBank Stake Sale News
Shares of Paytm's parent One 97 Communications Ltd fell as much as 10 per cent to their lowest since May.
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ICICI Securities Reiterates "Buy" Rating For Paytm
Equity research firm ICICI Securities has reiterated a 'Buy' rating with a share target price of Rs 1,285. Paytm's shares are currently trading at Rs 610.
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We Don't Influence Share Price...: Paytm Chief Vijay Shekhar Sharma
Digital payments company One97 Communications Limited, which operates under the Paytm brand, does not influence the price at which its stock trades but the management is making efforts to make the firm profitable, its MD and CEO Vijay Shekhar Sharma told shareholders on Friday.
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Foreign Investors, Mutual Funds Raise Stake In Paytm
Foreign portfolio investors and mutual funds have marginally increased stake in Paytm's parent company One97 Communications, according to a regulatory filing.
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Paytm Shares Slip Again After A Sharp Rise In Previous Session: 5 Points
Shares of One 97 Communication -- Paytm's parent company -- fell more than 5 per cent on Friday. The stock slipped 5.11 per cent to settle at Rs 545. It had surged 9.52 per cent to close at Rs 574.35 on Thursday. The digital payment firm pulled off the largest-ever initial public offering (IPO) in India, but has since faced many challenges. The IPO...
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Analyst Who Predicted Paytm Slump Further Cuts Target Price
Paytm, the Indian digital payments startup whose stock has slumped 71% since its November market debut, had its price target cut further by a Macquarie Capital Securities (India) Pvt. analyst who was early to predict the company's troubles.
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SoftBank's Munish Varma Exits From Boards of Paytm, PB Fintech
Softbank managing partner Munish Ravinder Varma has resigned from the board of the digital financial services company One97 Communications, which operates under the Paytm brand, and PB Fintech, according to regulatory filings by both companies on Tuesday.
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Paytm Shares Hit New All-Time Low; Crash Over 20% In 2 Days
The share price of Paytm's parent company One 97 Communications Ltd dipped by another 10 per cent on Tuesday hitting a new all-time low.
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Paytm Shares Sink 12% To Rs 685, Down 70% From Issue Price Of Rs 2,150
Paytm shares sink 12 per cent to Rs 685 per share early on Monday, down about 70% from its issue price of Rs 2,150 per share.
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Zomato, Paytm, Nykaa Shares Hit Lowest Levels Since Listing: 10 Points
Shares of Zomato, Paytm parent One 97 Communications Ltd and Nykaa owner FSN E-Commerce Venture have fallen to their lowest levels since listing. Except for Paytm, both Zomato and Nykaa stocks registered massive gains despite posting weak quarterly numbers after strong listings. Paytm made a tepid debut at the exchanges and has plunged more than 58...
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Paytm's Shares Plunge As Brokerage Firm Cuts Target Price
Shares of One97 Communications plunged on Monday and ended at Rs 1,159, falling 5.89 per cent or Rs 72.60 over the previous close of Rs 1,230
