CLSA on Bharti Airtel Maintains an Outperform rating with a target price of ₹1,860. The company continues to add post-paid subscribers, driven by 5G adoption […]
Tag: Paytm
Brokerage Reports: HUL, Bajaj Finance, Dr. Lal, Coforge, IIFL Finance, TVS Motors, Godrej Properties, Paytm, KPIT, AU Small Bank & more
Jefferies on HUL: Buy, Target Price Rs 3130 The company’s 2Q performance was in line with expectations, with volume growth at 3% year-on-year, indicating ongoing […]
Brokerage Reports: Goldman Sachs Downgrades India, UBS on Paytm, Macquarie on Zomato, JPMorgan on Bajaj Finance, Jefferies on SRF, Nomura on Persistent, HSBC on ICICI Pru Life
Goldman Sachs on India: Goldman Sachs has downgraded Indian equities from Overweight to Neutral, pointing to slowing economic growth and corporate profits. While the long-term […]
Paytm Changes Business Strategy: Profit Before Tax to be New Benchmark for Profitability
Paytm’s founder, Vijay Shekhar Sharma, announced that the company is shifting its business strategy focus. Speaking at Paytm’s 24th Annual General Meeting (AGM) on Thursday, […]
SoftBank Vision Fund 1 Reports Mixed Results: $544 Million Loss on Paytm, Profits on Other Investments
SoftBank’s Vision Fund 1 lost $544 million on its $1.6 billion investment in Paytm, which it sold off completely in the June quarter. In November […]
SoftBank sells 2.17% stake in One97, Earlier Warren Buffett’s Berkshire Hathaway exits with 2.46% stake, incurring 830 crore rupees loss
SoftBank has recently engaged in further divestment from Paytm’s parent company, One97 Communications, selling an additional 2.17% stake through open market operations. This transaction has […]
Paytm Payment Bank Announces Board Restructuring: Vijay Shekhar Sharma Steps Down as Chairman
On February 26, Paytm Payments Bank (PPBL) made significant changes to its leadership by restructuring its Board. The notable additions to the Board include Srinivasan […]
Key Takeaways from Paytm Conference Call: RBI Directives Impacting Paytm Payments Bank
• Paytm’s Founder and CEO, Vijay Shekhar Sharma, underscores the crucial compliance with RBI directives, pledging swift action in response. • Vijay Shekhar reveals that […]
RBI Directed Paytm Payments Bank to stop onboarding new Customers Starting January 31. Check Changes and Restrictions, etc
RBI directed Paytm Payments Bank to stop onboarding new customers starting January 31. Existing customers can still withdraw or use their balances without restrictions. Effective […]
Vibrant Gujarat 2024 Highlights:
During Vibrant Gujarat 2024, Memorandums of Understanding (MOUs) worth a staggering ₹45.2 lakh crore were inked, surpassing the 2019 edition which saw 28,300 MOUs and […]