Adani Group Denies Speculations Of Stake Acquisition In Paytm
The Adani Group has categorically denied recent media reports about an impending stake acquisition in Paytm, dismissing the claims as baseless speculation.
Vijay Shekhar Sharma’s Departure from Payments Bank Board Puts Paytm Shares in Spotlight
Paytm announced that a restructured board, helmed by former Central Bank of India Chairman Srinivasan Sridhar and retired IAS Debendranath Sarangi, among others, would steer PPBL's future operations.
Vijay Shekhar Sharma Resigns as Chairman of Paytm Payments Bank, Board Undergoes Restructuring
One 97 Communications, the official name of Paytm, owns the remaining 51% of the shares in Paytm Payments Bank, which is owned by Sharma.
ED Questions Paytm Executives in Preliminary Probe of Alleged FEMA Irregularities
As of now, the ED has not identified any FEMA irregularities. However, they are concurrently conducting an investigation under the Prevention of Money Laundering Act (PMLA) related to the company.
Paytm Stock Grabs Attention Today: 3 Key Factors Behind the Spotlight
Paytm shares have plunged 45% since January 31, closing lower in five of eight sessions. On Monday, the stock ended 0.65% higher at Rs 422.60.
Paytm Denies Money Laundering Investigation By ED, Refutes Allegations as RBI Deadline Looms
In a released statement, Paytm declared its commitment to transparency and protecting its reputation, customers, shareholders, and stakeholders from unwarranted speculation.
Paytm To Sell Wallet Business; Jio Financial Shares Surge Amidst Talks Of Acquisition
The parent company of Paytm, is engaged in discussions with Jio Financial and HDFC Bank to potentially sell its wallet business.
Morgan Stanley Acquires Paytm Shares Worth ₹244 Crore, Securing a 0.8% Stake Amid Stock Downturn
Morgan Stanley Infuses ₹244 Crore into Paytm's Parent Company One97 Communications as Paytm Shares Experience a 36% Decline in 2 Days.
Vijay Shekhar Sharma Assures Users: Paytm Will Continue Operations Beyond February 29
The RBI, in a statement, revealed that an audit report "persistent non-compliances and ongoing significant supervisory concerns within the bank, necessitating additional supervisory measures."
Paytm Users Receive This Mail As The Shares Of The Fintech Giant Takes Nosedive
Looking at the sharp fall of the shares, the company decided to send a one on one message to its users hence, they shared an e-mail.
