Paytm tanks 5% for 2nd day after COO exit

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MUMBAI: Shares of Paytm owner One97 Communications fell 5% for the second straight session, nearly 85% below their IPO price, to hit a low of Rs 334 on Tuesday. The development follows the resignation of Bhavesh Gupta, the company’s chairman and CEO, last week. Gupta’s exit is the latest in a series of high-profile exits … Read more

Paytm gains as its loan distribution business scales up to 3.4 million loan disbursals in October 2022

One 97 Communications

One 97 Communications (Paytm) is currently trading at Rs. 641.20, up by 8.90 points or 1.41% from its previous closing of Rs. 632.30 on the BSE. The scrip opened at Rs. 640.00 and has touched a high and low of Rs. 654.00 and Rs. 639.50 respectively. So far 41093 shares were traded on the counter. … Read more

One97 Communications (Paytm), Fullerton India enter into partnership to provide lending products

One97 Communications

One97 Communications (Paytm) and Fullerton India have entered into partnership to provide lending products to merchant partners and consumers. With the partnership, the two established institutions will leverage data-driven insights and wide reach to bring credit to new-to-credit users. The program will offer Paytm Postpaid (buy-now-pay-later) to millions of consumers on the Paytm platform while … Read more