The sources informed the news agency that the digital transactions platform expects to debut on the stock by the end of October and is planning to skip the pre-IPO share sale rounds to fast-track listing.
Additionally, the RBI imposed a penalty of approx Rs 27.8 lakhs on Western Union Financial Services (WUFSI) for non-compliance with provision laid out in the Master Direction on Money Transfer Service Scheme (MTSS Directions) dated February 22, 2017.
In this section, we recapitulate all the action from the world of business, finance and national economics from today
RBI had instituted an eight-month ban on HDFC from issuing new credit cards in December 2020, the move is aimed at reviving the lost ground due to the ban
Zomato IPO was oversubscribed 4.8 times on the second day on Thursday as retail investors continued to pour in bids.
Paytm had recently announced that it has achieved over 1.2 billion monthly transactions led by the massive growth in offline payments and financial services.
Users can now collect stickers of cricket stars as they pay digitally for their mobile bills, recharges, buying groceries or money transfers. Once they have a complete set, they can redeem it for cashback up to Rs 1,000, a statement said.
Google has been found guilty of abuse of dominant position and unfair trade practices by the European Commission, same could happen in India.
With IPL 2020 starting Saturday, the war between fantasy cricket operators is hotting up and could turn dirty in future
Google removed Paytm from the Play Store hours after the search engine said that it does not allow apps facilitating sports betting and will remove such apps from the Play Store.
Sonia Dhawan has joined as Vice President - Corporate Communications at Paytm's gaming arm Gamepind Entertainment.
Paytm, owned by One97 Communications Private Limited, will pay the Indian Cricket Board (BCCI) a whopping Rs 3.8 crore per international match, a 58 per cent increase
As Paytm asks for a one-time password (OTP) for a transaction, they used to call the victims and convince them that the OTP number was required for making payments, police said.
The Noida Police on Monday had arrested three Paytm employees-- Dhawan, her husband Rupak Jain and Devendra Kumar, an employee at the company's administration department for allegedly trying to blackmail the e-wallet giant's founder and extort Rs 20 crore.
A fourth accused Rohit Chomal, a Kolkata resident, who is believed to have made the extortion calls from Thailand, is on the run.
The trio, including Sharma's secretary, a woman who allegedly masterminded the extortion bid, had threatened to leak the data to cause the firm loss and dent its image.
It will carry out most banking operations like accepting deposits but can't advance loans or issue credit cards.
Berkshire is pumping in about Rs 2,500 crore into Paytm, as per sources.
Pakistan's cricket captain Babar Azam, left, and Mohammad Rizwan celebrate their victory in the Cricket Twenty20 World Cup match between India and Pakistan in Dubai, UAE.AP Photo/Aijaz Rahi
Pakistan's Mohammad Rizwan runs to celebrate their victory in the Cricket Twenty20 World Cup match between India and Pakistan in Dubai, UAE.AP Photo/Aijaz Rahi
Indian cricket captain Virat Kohli, centre, hugs Pakistan's Mohammad Rizwan after Pakistan won the the Cricket Twenty20 World Cup match between India and Pakistan in Dubai, UAE.AP Photo/Aijaz Rahi
India's Mohammed Shami reacts after he was hit by three consecutive boundaries during the Cricket Twenty20 World Cup match between India and Pakistan in Dubai, UAE.AP Photo/Aijaz Rahi
Pakistan's Mohammad Rizwan reacts after hitting a six during the Cricket Twenty20 World Cup match between India and Pakistan in Dubai, UAE.AP Photo/Aijaz Rahi
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Shah Rukh Khan is the soothing balm for millions of Indian women living an oppressive life in an insensitive, patriarchal society.
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Virat Kohli will step down as T20 captain of India and RCB but that will not take away the fact that he remains a unique leader
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One can be pro-religion, but against coerced religion; one can be pro-vaccines, but against coercion and mandates