Zomato To Buy Paytm’s Entertainment Ticketing Business For Rs 2,048 Crore | Economy News

New Delhi: Zomato is expanding its horizons by acquiring Paytm’s entertainment ticketing business for Rs 2,048 crore, a deal announced on Wednesday, August 21. This strategic move will help Zomato strengthen its position in the “going-out” sector. Meanwhile, Paytm which is facing challenges will now focus more on its core financial services. Both of these […]

ABHISEK RAJPUT

August 22, 2024

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Paytm Launches India’s First NFC Card Soundbox; Check Key Features And How To Make Payments | Personal Finance News

New Delhi: Paytm has introduced India’s first NFC Card Soundbox, a two-in-one mobile QR payment device. This NFC Card Soundbox combines NFC card payment technology with mobile QR payments.   The new device will equip small shops with an affordable tool for accepting all types of payments, including UPI and card transactions. It enables merchants to […]

ABHISEK RAJPUT

July 30, 2024

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Paytm Launches ‘Health Saathi Plan’ For Merchant Partners At Just Rs 35 Per Month | Companies News

New Delhi: One 97 Communications Limited (OCL) which owns Paytm has launched ‘Paytm Health Saathi.’ This is a special health and income protection plan designed for its merchant partners and is available on the ‘Paytm for Business’ app. A Paytm spokesperson stated, “This initiative is part of our mission to equip them with comprehensive and […]

ABHISEK RAJPUT

July 3, 2024

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UK-Based Hedge Fund Marshall Wace Sells Shares Of Paytm, Shriram Finance For Rs 426 Crore | Markets News

New Delhi: UK-based hedge fund Marshall Wace on Tuesday sold shares of One97 Communications and Shriram Finance for a combined value of Rs 426 crore through open market transactions. Marshall Wace, through its arm Marshall Wace Investment Strategies – Eureka Fund, offloaded shares of One97 Communications, owner of Paytm brand, and Shriram Finance Ltd through […]

ABHISEK RAJPUT

June 19, 2024

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Zomato To Take Over Paytm’s Movie Ticketing Biz? Check What Both Companies Said | Companies News

New Delhi: Amid widespread media speculations that Online food delivery platform Zomato might take over Paytm’s movie and ticketing business, the former has confirmed that talks are ongoing, ‘though no binding deal yet’. In a regulatory filing, Zomato has informed, “We have noticed that there are certain news articles circulating in the mainstream media with […]

ABHISEK RAJPUT

June 17, 2024

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Zomato May Buy Paytm’s Movie Ticketing Business: Reports | Companies News

New Delhi: Online food delivery platform Zomato is in advanced discussions to buy Paytm’s movie ticketing and events business, according to multiple reports. This move aligns with Zomato’s plan to expand its ‘going out’ offerings. The potential deal could value Paytm’s vertical at around Rs 1,500 crore, as per reports. Zomato or Paytm were yet […]

ABHISEK RAJPUT

June 16, 2024

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Paytm layoff: 7 demands every employee should make for a dignified exit when asked to quit

In the aftermath of RBI’s decision to discontinue Paytm Payments Bank and its wallet business, numerous employees are being compelled to “voluntarily resign” abruptly, without a prior notice. According to several current and former employees of Paytm who spoke with TOI, severance pay has been denied to several, while others are being asked to refund […]

ABHISEK RAJPUT

June 14, 2024

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Paytm Shares See Good Rally On Partnership With Samsung Wallet | Markets News

New Delhi: Partnership with Samsung seems to have propelled shares of One97 Communications, parent company of Paytm. Paytm shares opened at Rs 407 apiece on NSE. In the week, the company’s shares have zoomed nearly 30 percent. At 11.58 am, shares of Paytm were trading at Rs 432.35, higher by 7.42 percent or Rs 29.85 apiece […]

ABHISEK RAJPUT

June 13, 2024

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Paytm Lays Off Employees As Part Of Restructuring, Facilitates Outplacement Support | Companies News

New Delhi: 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. Paytm’s sales employee headcount in March 2024 quarter dropped by about 3,500 to 36,521 personnel on a quarter-on-quarter basis, mainly […]

ABHISEK RAJPUT

June 10, 2024

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Paytm has released vacancy for digital marketing executive, graduates can apply, job location Mumbai | प्राइवेट नौकरी: Paytm ने डिजिटल मार्केटिंग एग्जीक्यूटिव की वैकेंसी निकाली, ग्रेजुएट करें अप्लाय, जॉब लोकेशन मुंबई

Hindi News Career Paytm Has Released Vacancy For Digital Marketing Executive, Graduates Can Apply, Job Location Mumbai 2 दिन पहले कॉपी लिंक फिनटेक कंपनी, Paytm ने डिजिटल मार्केटिंग एग्जीक्यूटिव के पोस्ट पर वैकेंसी निकाली है। इस पोस्ट पर शॉर्टलिस्ट किए गए कैंडिडेट के ऊपर कंपनी के गोल्स और ऑब्जेक्टिव्स के हिसाब से एक डिजिटल मार्केटिंग […]

ABHISEK RAJPUT

May 29, 2024

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Paytm Layoffs: Company Signals Potential Job Cuts Amid Sales Decline | Companies News

New Delhi: India’s digital payment app, Paytm has announced potential job cuts as the company plans to streamline operations by trimming non-core assets. The decision follows Paytm’s first-ever decline in sales reported on May 22. Fintech major Paytm’s net loss has more than tripled year-on-year and reached Rs 550.5 crore in the March quarter (Q4) […]

ABHISEK RAJPUT

May 23, 2024

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Paytm Q4 FY24 Loss Widens To Rs 550 Crore | Companies News

New Delhi: Fintech firm One97 Communications, which owns the Paytm brand, has reported a widened loss of Rs 550 crore, according to the company’s regulatory filing on Wednesday. The company had posted a loss of Rs 167.5 crore in the same period a year ago. The revenue from operations of Paytm declined 2.8 per cent […]

ABHISEK RAJPUT

May 22, 2024

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