Paytm Share Price: One97 Communications shares fell by up to 9% due to ED investigations into cryptocurre ...More

Paytm Share Price: One97 Communications shares fell by up to 9% due to ED investigations into cryptocurrency scams involving several payment gateways. The ED has frozen Rs 500 crore in these gateways' virtual accounts related to scams run by Chinese nationals, impacting platforms like PayU, Razorpay, Easebuzz, and others. ...Less

Macquarie has maintained its ‘Underperform’ rating on Paytm with a target price of Rs 730, implying a dow ...More

Macquarie has maintained its ‘Underperform’ rating on Paytm with a target price of Rs 730, implying a downside potential of 19%. Despite strong quarterly results, including a reduction in losses, the brokerage notes risks related to distribution revenue growth. Paytm’s consolidated loss narrowed to Rs 208.3 crore in Q3FY25. ...Less

Citi maintains a ‘Buy’ rating on Paytm, raising its target price to Rs 1,000, reflecting confidence in th ...More

Citi maintains a ‘Buy’ rating on Paytm, raising its target price to Rs 1,000, reflecting confidence in the company's growth strategy. Paytm's strong merchant growth, improved consumer monetization, and upward revisions in GMV forecasts support the positive outlook. Consumer MTUs show signs of recovery, reinforcing Paytm's growth trajectory. ...Less

Benchmark indices saw significant gains on Monday, boosted by banking, financial, and power stocks. Tata ...More

Benchmark indices saw significant gains on Monday, boosted by banking, financial, and power stocks. Tata Technologies remains in a downtrend, Paytm shows signs of weakening, and Dixon Technologies continues to maintain a robust primary uptrend. Analysts offer cautious investment recommendations for the upcoming trading sessions. ...Less

Paytm, operated by One 97 Communications, is set to report its December quarter earnings, with revenue ex ...More

Paytm, operated by One 97 Communications, is set to report its December quarter earnings, with revenue expected between Rs 1,842 crore and Rs 1,826 crore, a 35-36% YoY decline. Yes Securities predicts an EBITDA loss of Rs 100 crore and Emkay Research estimates a net loss of Rs 346 crore. ...Less

Brokerage firms remain optimistic about Dalmia Bharat, KEI Industries, and Paytm despite sectoral challen ...More

Brokerage firms remain optimistic about Dalmia Bharat, KEI Industries, and Paytm despite sectoral challenges. Jefferies targets 17% upside for Dalmia Bharat, UBS sees 42% upside for KEI, and CITI expects 17% upside for Paytm, focusing on growth and market potential. ...Less

Indian benchmark indices ended their two-session gain streak on Friday, with Nifty closing at 23,203.20, ...More

Indian benchmark indices ended their two-session gain streak on Friday, with Nifty closing at 23,203.20, down 0.47%. Weak sentiment persisted due to resistance at key levels. Markets are expected to be impacted by global events, including Trump’s presidency and Q3 earnings announcements from over 240 companies, including HDFC Bank, Paytm, Zomato, and others, which could shape market direction next week. ...Less

Former compliance officer Amit Khera, former independent directors Ashit Ranjit Lilani and Neeraj Arora, ...More

Former compliance officer Amit Khera, former independent directors Ashit Ranjit Lilani and Neeraj Arora, and five others have settled a case with Sebi by paying Rs 3.32 crore for alleged regulatory violations. They were accused of failing to ensure regulatory provisions and making decisions with biases. Sebi's Internal Committee and HPAC approved the settlement. ...Less

As per the statement on Development and Regulatory Policies dated April 05, 2024, it has been decided to ...More

As per the statement on Development and Regulatory Policies dated April 05, 2024, it has been decided to enable UPI payments from/to full-KYC PPIs through third-party UPI applications, the RBI said in a release. ...Less

The brokerage has raised its target price on Paytm by 40%, increasing it to Rs 1,050 from Rs 750. However ...More

The brokerage has raised its target price on Paytm by 40%, increasing it to Rs 1,050 from Rs 750. However, this revised target price is still below Paytm's recent peak of Rs 1,062.95, which was reached on December 17 last year. ...Less

Paytm shares fell 4% to Rs 976.5 after NPCI extended the deadline for UPI providers to meet the 30% marke ...More

Paytm shares fell 4% to Rs 976.5 after NPCI extended the deadline for UPI providers to meet the 30% market share limit until 2026. This delay benefits PhonePe and Google Pay, the dominant UPI players. ...Less

Indian markets closed lower due to selling in financial, energy sectors, and concerns over rising crude p ...More

Indian markets closed lower due to selling in financial, energy sectors, and concerns over rising crude prices and a strong dollar. IT stocks like TCS showed resilience. US and European markets also faced declines due to inflation concerns after strong jobs data. Market sentiment remains bearish, with potential further declines for Nifty. ...Less

India's fintech ecosystem is witnessing rapid growth, with players like One97 Communications Ltd (Paytm) ...More

India's fintech ecosystem is witnessing rapid growth, with players like One97 Communications Ltd (Paytm) scaling operations while working toward achieving steady-state economics. ...Less

Paytm shares rebounded strongly after a 12% decline in two weeks, forming a 'Three White Soldiers' candle ...More

Paytm shares rebounded strongly after a 12% decline in two weeks, forming a 'Three White Soldiers' candlestick pattern on the daily chart. Though technically strong, with key exponential moving averages supporting the stock, analysts suggest cautious trading, booking partial profits, and managing risks with stop-loss mechanisms. Possible correction could offer buy-on-dip opportunities. ...Less

Paytm Q3 Results: Paytm, operated by One97 Communications, reported a narrowed consolidated loss of Rs 20 ...More

Paytm Q3 Results: Paytm, operated by One97 Communications, reported a narrowed consolidated loss of Rs 208.3 crore in the December quarter, compared to Rs 219.8 crore in the same quarter last year. Despite a 36% YoY drop in revenue to Rs 1,828 crore, the company's revenue increased 10% QoQ due to growth in GMV, subscription, and financial services distribution revenues. ...Less

Paytm CEO Vijay Shekhar Sharma criticized the camera quality of the iPhone 16 on social media and hinted ...More

Paytm CEO Vijay Shekhar Sharma criticized the camera quality of the iPhone 16 on social media and hinted at switching to Google's Pixel. Many users agreed, sharing similar experiences. Some past iPhone users have already switched to Pixel, praising its performance. Users suggested Apple needs improvements to maintain customer satisfaction. ...Less

While the payments app reported a sharp fall in revenue year-on-year, it controlled costs in the December ...More

While the payments app reported a sharp fall in revenue year-on-year, it controlled costs in the December quarter which helped it check its overall losses. Employee benefit expenses, one of the major cost items for Paytm, stood at Rs 756 crore in this quarter, compared to Rs 1,187 crore a year back. ...Less

One97 Communications, the parent company of PayTM, clarified that it has not received any notice from the ...More

One97 Communications, the parent company of PayTM, clarified that it has not received any notice from the Enforcement Directorate in an alleged crypto scam case. The company stated that the media reports are incorrect and misleading. It urged investors and stakeholders not to rely on unverified media reports and assured full cooperation with authorities. ...Less

Paytm posted a loss of Rs 204 crore ($23.6 million) before exceptional items and tax for the third quarte ...More

Paytm posted a loss of Rs 204 crore ($23.6 million) before exceptional items and tax for the third quarter ended Dec. 31, compared to a Rs 407 crore loss in the second quarter. ...Less

On Monday, key third-quarter earnings results will be announced by 37 companies, including Zomato and Pay ...More

On Monday, key third-quarter earnings results will be announced by 37 companies, including Zomato and Paytm. Zomato is projected to see significant YoY revenue growth due to strong operations, while Paytm's revenue is expected to decline by 35-36%. Blinkit and other businesses also show varying performance. ...Less

India’s stock market faces a tug-of-war between bulls and bears, with foreign outflows countered by domes ...More

India’s stock market faces a tug-of-war between bulls and bears, with foreign outflows countered by domestic buying. Key triggers include Q3 earnings, global cues, and the upcoming Union Budget. Stock-specific strategies are crucial in navigating volatility. ...Less

Zomato is pursuing an aggressive strategy to maintain its leadership in the quick commerce space, despite ...More

Zomato is pursuing an aggressive strategy to maintain its leadership in the quick commerce space, despite the potential for increased losses. This move is seen as crucial for long-term growth and profitability. The company is positioned well within India's fastest-growing sectors and has the potential to maintain its pole position in the industry. ...Less

The fines have been imposed on independent directors Ashit Ranjit Lilani, Neeraj Arora, Mark Schwartz, Pa ...More

The fines have been imposed on independent directors Ashit Ranjit Lilani, Neeraj Arora, Mark Schwartz, Pallavi Shardul Shroff, non-executive nominee directors Ravi Chandra Adusumalli, Munish Varma and Douglas Feagin, and then chief compliance officer Amit Khera for their lapses in abiding by the listing regulations. ...Less

Paytm share price: Paytm shares hit a 52-week high after its Singapore unit agreed to sell its stake in P ...More

Paytm share price: Paytm shares hit a 52-week high after its Singapore unit agreed to sell its stake in PayPay for ?2,364 crore. The deal, expected to close by December 2024, will strengthen Paytm's financial position. While the company reported a profit in Q2 FY25, its revenue declined year-on-year. ...Less

Pashupati Advani, Founder of Global Foray, comments on the burgeoning quick commerce space with new playe ...More

Pashupati Advani, Founder of Global Foray, comments on the burgeoning quick commerce space with new players entering the market. Zomato, Swiggy, and upcoming IPO entry Zepto are in competition. Advani highlights Paytm's volatile performance and growth potential, while expressing concern for the private banking sector, particularly outside top banks like HDFC and Kotak. ...Less

The company plans to invest up to Rs 20 crore in each market to launch its merchant payment and financial ...More

The company plans to invest up to Rs 20 crore in each market to launch its merchant payment and financial services products, according to a regulatory filing. Paytm is among several Indian fintech firms expanding to the Middle East and Southeast Asia. It will explore organic expansions, partnerships, investments, and local licenses in these countries. ...Less

Shares of One97 Communications, which owns the Paytm brand, fell 8.4 per cent during the day to Rs 773.90 ...More

Shares of One97 Communications, which owns the Paytm brand, fell 8.4 per cent during the day to Rs 773.90 but recovered partially and closed at 5 per cent lower on BSE. ...Less

The investigation, conducted on nine payment gateways, including PayU and Paytm, pertained to a cryptocur ...More

The investigation, conducted on nine payment gateways, including PayU and Paytm, pertained to a cryptocurrency scam allegedly operated by 10 Chinese nationals from India. Customers across 20 states were scammed out of Rs 2,200 crore. As part of the investigation, law enforcement agencies froze approximately Rs 500 crore in these payment gateways. ...Less

Ola Electric share price: Shares of Ola Electric dropped 4.6% amid the resignation of senior executives S ...More

Ola Electric share price: Shares of Ola Electric dropped 4.6% amid the resignation of senior executives Suvonil Chatterjee and Anshul Khandelwal. Their departures add to a trend of key exits at Ola, which has recently faced declining market share and high employee attrition rates. ...Less

Paytm's sale aligns with its strategy to offload non-core assets and bolster its capital base as it prior ...More

Paytm's sale aligns with its strategy to offload non-core assets and bolster its capital base as it prioritizes scaling its core payments business after a tough year. Recently, the fintech firm sold its entertainment ticketing arm, Paytm Insider, to Zomato for Rs 2,048 crore. ...Less

Apart from services through ?Paytm UPI, UPI Lite and card payments, the fintech has also launched the 'Bh ...More

Apart from services through ?Paytm UPI, UPI Lite and card payments, the fintech has also launched the 'Bhavya Mahakumbh QR' for its merchant partners. Additionally, pilgrims can also link their Rupay credit card on the Paytm app to make card payments directly through their phones. ...Less

Paytm narrowed its Q3 net loss to ?208.5 crore from ?221 crore YoY, despite a 36% revenue drop to ?1,827 ...More

Paytm narrowed its Q3 net loss to ?208.5 crore from ?221 crore YoY, despite a 36% revenue drop to ?1,827 crore, supported by cost-cutting measures and gains from asset sales. ...Less

The third-quarter earnings season is in full swing, with 246 companies set to announce their results this ...More

The third-quarter earnings season is in full swing, with 246 companies set to announce their results this week. Key earnings to watch include HDFC Bank, Paytm, Zomato, HUL, ICICI Bank, and others. Results will be declared across various sectors including banking, auto, pharma, and cement, with announcements scheduled between January 20-24. ...Less

Paytm shares hit a 52-week high after UBS raised its target price to Rs 1,000, maintaining a 'Neutral' st ...More

Paytm shares hit a 52-week high after UBS raised its target price to Rs 1,000, maintaining a 'Neutral' stance. The brokerage anticipates revenue-driven growth as cost optimization plateaus. Bernstein also increased its target to Rs 1,000, highlighting potential upside and downside scenarios. Paytm launched an automatic top-up for UPI LITE, streamlining small-value transactions. ...Less

Larsen and Toubro (L&T) has overturned a Rs 702 crore customs duty demand following a favourable ruling f ...More

Larsen and Toubro (L&T) has overturned a Rs 702 crore customs duty demand following a favourable ruling from the Central Excise & Service Tax Appellate Tribunal. ...Less

Paytm shares surged over 4% to reach a 52-week high of Rs 939 on Monday after announcing the launch of an ...More

Paytm shares surged over 4% to reach a 52-week high of Rs 939 on Monday after announcing the launch of an automatic top-up feature for its UPI LITE service. This feature enables PIN-less transactions for payments under Rs 500. Currently available to select Yes Bank and Axis Bank users, it automatically recharges the UPI LITE balance when it falls below a set limit. ...Less

One of the most misused and misunderstood ratios is the price to earnings ratio, commonly referred to as ...More

One of the most misused and misunderstood ratios is the price to earnings ratio, commonly referred to as the PE ratio. Consider this: In 2014, a company whose stock price was Rs. 473, had a PE ratio of 44. Cut to December 2024. The stock price is Rs. 2,100, after touching a high of Rs. 2,700 in September, and the PE ratio is 62. Going by conventional wisdom, you would have not bought the stock in 2014. But you would then have missed creating wealth. Now valuation is a combination of numbers and narratives. There is only one way to find value – and multiple ways to evaluate. Join ETMarket’s four-day Value and Valuation workshop for a dive into value investing principles and its application in the real world. ...Less

Shares of Zomato, Paytm, Jio Financial, and 52 other companies will be in focus on Friday after BSE revis ...More

Shares of Zomato, Paytm, Jio Financial, and 52 other companies will be in focus on Friday after BSE revised the circuit limits. The price band for 46 stocks, including Zomato, Paytm, and Nykaa, has been set to 10%. Four stocks will have a 5% limit, and five others will see their limits adjusted to 2%. ...Less

Indian markets declined sharply on Tuesday due to concerns about the US Fed's rate decision and a weak ru ...More

Indian markets declined sharply on Tuesday due to concerns about the US Fed's rate decision and a weak rupee. Selling pressure was seen across sectors, with heavyweight financials and blue-chip stocks leading the decline. Investors are cautious ahead of key central bank decisions from the US, Japan, and the UK. ...Less

Bernstein raises Paytm target price to Rs 1,000, maintaining 'Outperform' rating. Optimistic outlook with ...More

Bernstein raises Paytm target price to Rs 1,000, maintaining 'Outperform' rating. Optimistic outlook with potential 100% upside, but downside risk of 40% in bear case. Shares rise 2%. ...Less

BSE has revised the circuit limits for 55 stocks. This includes companies like Angel One, Adani Total Gas ...More

BSE has revised the circuit limits for 55 stocks. This includes companies like Angel One, Adani Total Gas, and Cyient. The price band limit is set to 10% for most stocks. Four stocks get a 5% limit and five get a 2% limit. These adjustments are to manage risk and curb excessive volatility. ...Less

Here are top 5 tech and startup stories of the day.?? ? ? ? ...More

Here are top 5 tech and startup stories of the day.?? ? ? ? ...Less

Tata acquires a controlling stake in Pegatron Technology India. This and more in today’s ETtech Top 5. ...More

Tata acquires a controlling stake in Pegatron Technology India. This and more in today’s ETtech Top 5. ...Less

Indian equity benchmarks Sensex and Nifty experienced a decline on Thursday, influenced by a sharp drop i ...More

Indian equity benchmarks Sensex and Nifty experienced a decline on Thursday, influenced by a sharp drop in Adani group stocks. Market analyst Riyank Arora suggests a buy-on-dips approach for Paytm and recommends buying IndiGo at the current market price. However, he advises caution for Varun Beverages, suggesting investors wait for lower levels before considering long positions. ...Less

The information published is factually incorrect and misleading, Paytm told the exchanges. ...More

The information published is factually incorrect and misleading, Paytm told the exchanges. ...Less

The NSE Nifty index was trading 39.25 points up at 23244.6 ...More

The NSE Nifty index was trading 39.25 points up at 23244.6 ...Less

?So, banks are cheap. And second is, at these valuations, a lot of bad news is priced in. So, as we see g ...More

?So, banks are cheap. And second is, at these valuations, a lot of bad news is priced in. So, as we see growth coming back, as we see things recovering, then I know banks is one sector which will do well. ...Less

India’s digital payments industry is split between two camps: one group of players, such as Razorpay, Cas ...More

India’s digital payments industry is split between two camps: one group of players, such as Razorpay, Cashfree, and PhonePe, which has taken a stance against third-party payment routers, and the other, which believes interoperability should remain. We explain the nuances behind this ensuing conflict. ...Less

?We think this churn will also go, there is an end to this churn as well. But in the short term, it will ...More

?We think this churn will also go, there is an end to this churn as well. But in the short term, it will change the landscape. For consumers in India across price bands, if you can deliver products at best price points to their doorstep, there is going to be gradual take-up. ...Less

ETtech Morning Dispatch top tech and startup stories of the day ? ...More

ETtech Morning Dispatch top tech and startup stories of the day ? ...Less

Food and grocery delivery company Zomato, and fintech major Paytm reported their October-December results ...More

Food and grocery delivery company Zomato, and fintech major Paytm reported their October-December results. This and more in today’s ETtech Top 5. ...Less

Investec has initiated coverage on Adani Energy with a "Buy" recommendation, citing significant opportuni ...More

Investec has initiated coverage on Adani Energy with a "Buy" recommendation, citing significant opportunities in the transmission and smart metering segments ...Less

Donald Trump will address the World Economic Forum in Davos virtually, coinciding with his presidential i ...More

Donald Trump will address the World Economic Forum in Davos virtually, coinciding with his presidential inauguration. Concerns over Trump's trade policies and US support for Ukraine loom over the event. Indian business leaders and government officials, including state ministers, are present to promote India's growth and form partnerships. The focus themes are future technologies, AI, and green growth. ...Less

?We have key results coming up today, tomorrow, and Monday we have the swearing in of the US president as ...More

?We have key results coming up today, tomorrow, and Monday we have the swearing in of the US president as well, so big ticket events lined up. The best thing to do is either be a day trader in such kind of a market or focus on hedged positions which is do not take anything without creating an offsetting position using options. ...Less

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Equity indices Sensex and Nifty rose nearly 1% each. Paytm showed strength near its 52-week highs. It tar ...More

Equity indices Sensex and Nifty rose nearly 1% each. Paytm showed strength near its 52-week highs. It targets 1000 and 1111 with support at 850 and 822. LIC rebounded from 860-880, setting resistance at 1000. NCC formed a double bottom pattern with potential breakout above 321, targeting 360 and 400, with support at 298 and 288. ...Less

Through the store, Blinkit will deliver a specially curated assortment including pooja needs, milk, curd, ...More

Through the store, Blinkit will deliver a specially curated assortment including pooja needs, milk, curd, fruits and vegetables, chargers, power banks, towels, blankets and bedsheets. ...Less

UPI has 450 million users, with approximately 200 million active daily users, according to the Managing D ...More

UPI has 450 million users, with approximately 200 million active daily users, according to the Managing Director and CEO of the National Payments Corporation of India (NPCI). He highlighted that UPI has evolved into a crucial infrastructure layer, widely adopted by fintech companies, and currently processes around 17 billion transactions. ...Less

5paisa Capital has appointed Gaurav Seth as its new CEO. Seth has over two decades of experience in techn ...More

5paisa Capital has appointed Gaurav Seth as its new CEO. Seth has over two decades of experience in technology and wealth management. He previously worked at Syfe and Paytm Money and has led digital transformation projects at Morgan Stanley. Seth’s appointment aims to deepen 5paisa's offerings for traders and investors and enhance its tech platform. ...Less

Pradeep Kumar Saini did not give up after failing to get into IIT and NIT. He worked hard from a salary o ...More

Pradeep Kumar Saini did not give up after failing to get into IIT and NIT. He worked hard from a salary of Rs 5,400 per month to now earning a handsome salary. Despite initial struggles and setbacks, he continued to upskill himself and gained experience in different roles. He now works as a Senior Engineering Manager at Zee Entertainment Enterprises. ...Less

Leading exchange BSE has revised the price band of Adani Total, Paytm, LIC, Jio Financial, Angel One, Zom ...More

Leading exchange BSE has revised the price band of Adani Total, Paytm, LIC, Jio Financial, Angel One, Zomato among 55 stocks to 10% with effect from November 29. ...Less

The year witnessed notable layoffs, with numbers ranging from a few hundred to a few thousand, at compani ...More

The year witnessed notable layoffs, with numbers ranging from a few hundred to a few thousand, at companies like Ola Electric, Paytm parent One 97 Communications, Byju’s, Swiggy, and Flipkart. Startups cut about 11,250 jobs during the January-June period this year, as per data from executive search firm Longhouse Consulting. ...Less

Stock broking platform Groww is in talks with investment banks regarding an upcoming IPO, targeting a $6- ...More

Stock broking platform Groww is in talks with investment banks regarding an upcoming IPO, targeting a $6-8 billion valuation. The Bengaluru-fintech firm, which has more than 12 million active traders on its platform, recently completed the flip back of its parent entity to India from the US to facilitate its India listing. ...Less

Zomato shareholders have overwhelmingly approved a plan to raise ?8,500 crore ($1 billion) through a new ...More

Zomato shareholders have overwhelmingly approved a plan to raise ?8,500 crore ($1 billion) through a new share sale. The move aims to bolster the Indian food delivery giant's finances amid fierce competition in the rapidly expanding quick-commerce sector. ...Less

Indian equity markets rebounded strongly this week, with the Sensex closing nearly 2% higher. Small-cap s ...More

Indian equity markets rebounded strongly this week, with the Sensex closing nearly 2% higher. Small-cap stocks led the rally, with Banco Products gaining nearly 35%. Analysts caution that more clarity is needed to confirm a trend reversal, with upcoming election results and economic data being key factors to watch. ...Less

Paytm shares rise nearly 11% in one week after securing NPCI approval for onboarding new UPI users and re ...More

Paytm shares rise nearly 11% in one week after securing NPCI approval for onboarding new UPI users and reporting a net profit of Rs 928.3 crore for Q2 FY2024, bolstered by a one-time gain from selling its entertainment ticketing business. Analysts highlight significant business and profitability improvements. ...Less

The report also noted that 29 unicorns were profitable in 2024, including companies like Zerodha, MakeMyT ...More

The report also noted that 29 unicorns were profitable in 2024, including companies like Zerodha, MakeMyTrip and InfoEdge. However, one-fifth of Indian unicorns are headquartered overseas. In 2024, India witnessed 327 IPOs, including 13 in the technology sector. The seven startups that achieved unicorn status during the year are Ather, Moneyview, Rapido, Perfios, Rategain, Krutrim and Porter. ...Less

Paytm Share Price: One97 Communications shares fell 4% ahead of its quarterly results announcement. Analy ...More

Paytm Share Price: One97 Communications shares fell 4% ahead of its quarterly results announcement. Analysts forecast a YoY revenue increase of up to 16%, but expect losses to widen to Rs 660 crore. ...Less

Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research (SPJIMR) concluded placements for ...More

Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research (SPJIMR) concluded placements for its largest-ever batch of 336 participants with an average annual salary of Rs 32 lakhs. Over 53% received offers above Rs 30 LPA. Consulting firms hired 40% of the batch. Top sectors included finance, tech, and FMCG. 27 first-time recruiters participated. ...Less

Nuvama has maintained a 'buy' rating on Zomato, raising the target price to Rs 325, citing growth momentu ...More

Nuvama has maintained a 'buy' rating on Zomato, raising the target price to Rs 325, citing growth momentum and faster Blinkit dark store additions. However, profitability may need more upfront costs. Conversely, Macquarie retains an underperform rating, highlighting concerns over margin expansion and unit economics amid rising competition. ...Less

Valuation is a combination of numbers and narratives. But there is only one way to value – and multiple w ...More

Valuation is a combination of numbers and narratives. But there is only one way to value – and multiple ways to evaluate. Join ETMarket’s four-day Value and Valuation workshop for a dive into value investing principles and its application in the real world. ...Less

Brokerage firms CLSA and Investec have assigned buy ratings to Paytm and TVS Motor, respectively. Additio ...More

Brokerage firms CLSA and Investec have assigned buy ratings to Paytm and TVS Motor, respectively. Additionally, Macquarie and CLSA have given outperform ratings to SBI Life and Sona BLW, while Jefferies has issued a buy recommendation for Godrej Properties. ...Less

Paytm Share Price: Shares of One 97 Communications' Paytm rose 5% on NPCI's approval for onboarding new U ...More

Paytm Share Price: Shares of One 97 Communications' Paytm rose 5% on NPCI's approval for onboarding new UPI users, post-RBI's earlier restrictions. NPCI's nod mandates compliance with various guidelines. Paytm also reported a significant PAT boost in Q3 FY2024 due to a one-time gain from selling its entertainment ticketing business to Zomato. ...Less

Travel bookings surged 44% in 2024, with concerts driving much of the increase, according to Paytm. Mumba ...More

Travel bookings surged 44% in 2024, with concerts driving much of the increase, according to Paytm. Mumbai and Dubai topped destination searches, while younger travelers favored affordable bus trips and pilgrimages. Long weekends and visa-free options like Almaty and Kenya also proved popular. A Delhi-to-Gwalior flight for just Rs 1,300 highlighted budget-friendly air travel. ...Less

The Indian market is expected to rise on Monday, following positive global cues. Nifty futures closed dow ...More

The Indian market is expected to rise on Monday, following positive global cues. Nifty futures closed down 0.97% at 24,215. Options data indicates a trading range between 23,800 and 24,500. Experts recommend various stocks for short-term trading, including Indian Hotels, Sundaram Finance, and HDFC Bank, with specific targets and stop-loss levels provided. ...Less

The Indian equity market showed mixed performance in November, grappling with concerns over weak Q2 earni ...More

The Indian equity market showed mixed performance in November, grappling with concerns over weak Q2 earnings and sustained foreign outflows. ...Less

The online entertainment ticketing platform could face rising competition from Zomato’s going-out busines ...More

The online entertainment ticketing platform could face rising competition from Zomato’s going-out business following its acquisition of Paytm's events and ticketing business in August for Rs 2,048 crore. Also, this year, BookMyShow is organising big music concerts including that of popular British band Coldplay. ...Less

The Indian market is predicted to open lower on Monday, influenced by global trends. Analysts suggest a t ...More

The Indian market is predicted to open lower on Monday, influenced by global trends. Analysts suggest a trading range between 23,700 to 24,500 for Nifty. Expert recommendations include buying opportunities for stocks like BSE, Paytm, CDSL, Wipro, NALCO, and Bank of Baroda, with specified target prices and stop-loss levels. ...Less

A Bengaluru bike taxi driver's claimed earnings of Rs 80,000-85,000 monthly have ignited online debate. T ...More

A Bengaluru bike taxi driver's claimed earnings of Rs 80,000-85,000 monthly have ignited online debate. The driver works 13 hours daily for platforms like Uber and Rapido. Paytm CEO Vijay Shekhar Sharma shared the video. The video sparked discussions about gig economy earnings. Some praised the opportunities while others questioned the claim's validity. Many acknowledged the driver's hard work. ...Less

Earlier WhatsApp could provide UPI services to up to 100 million users. India is the biggest market for W ...More

Earlier WhatsApp could provide UPI services to up to 100 million users. India is the biggest market for WhatsApp with 500 million users. The limit has been lifted since the UPI infrastructure is better now ...Less

Shares of One97 Communications rose over 6% after NPCI approved Paytm to onboard new UPI users, adhering ...More

Shares of One97 Communications rose over 6% after NPCI approved Paytm to onboard new UPI users, adhering to guidelines. This comes as a relief following RBI's restrictions on Paytm Payments Bank. The approval allows Paytm to continue UPI transactions via major banks under set procedural guidelines. ...Less

Paytm's shares rose 5% after reporting a quarterly profit of ?928.3 crore, attributed to a one-time gain. ...More

Paytm's shares rose 5% after reporting a quarterly profit of ?928.3 crore, attributed to a one-time gain. The company also received NPCI approval to onboard new UPI users. ...Less

On Saturday, in a stock exchange filing, the Noida-based fintech announced that the shares will be transf ...More

On Saturday, in a stock exchange filing, the Noida-based fintech announced that the shares will be transferred to SoftBank Vision Fund 2. The deal values PayPay at 1.06 trillion Japanese yen (approximately $7 billion). This comes after Paytm divested its entertainment and ticketing business Paytm Insider to Zomato for Rs 2,048 crore. ...Less

Paytm's parent company, One97 Communications, is selling its 5.4% stake in Japanese payment firm PayPay t ...More

Paytm's parent company, One97 Communications, is selling its 5.4% stake in Japanese payment firm PayPay to SoftBank for approximately $280 million. This transaction values PayPay at around $7 billion and adds to Paytm's growing cash reserves, following a recent divestment of its entertainment business. ...Less

Hyundai India's IPO launched with a loss, despite high ratings from multiple brokerages. Shares fell up t ...More

Hyundai India's IPO launched with a loss, despite high ratings from multiple brokerages. Shares fell up to 6%. Previous large IPOs like Paytm and LIC also faced similar debuts. High IPO size and valuations were major factors. Despite this, Hyundai remains strong due to its market position and strategic focus on the SUV segment. ...Less

Shares of Bajaj Finance, Adani Green, Zomato, Paytm, Adani Energy Solutions, Varun Beverages and ICICI Pr ...More

Shares of Bajaj Finance, Adani Green, Zomato, Paytm, Adani Energy Solutions, Varun Beverages and ICICI Pru Life will be in focus ahead of the second quarter results today. ...Less

Indian benchmark indices rose with auto stocks leading the way. IREDA, SJVN, Maruti Suzuki, Power Mech Pr ...More

Indian benchmark indices rose with auto stocks leading the way. IREDA, SJVN, Maruti Suzuki, Power Mech Projects, and Surya Roshni saw notable stock movements, while Paytm declined due to UPI market share news. ...Less

The value of these transactions totalled Rs 23.25 lakh crore, compared with Rs 21.55 lakh crore in the pr ...More

The value of these transactions totalled Rs 23.25 lakh crore, compared with Rs 21.55 lakh crore in the previous month, according to data released by NPCI on January 1. According to NPCI data, the Immediate Payment Service (IMPS) that allows users to transfer funds real time between banks recorded 441 million transactions in December, amounting to Rs 6.02 lakh crore. ...Less

The NSE Nifty index was trading 48.1 points down at 23596.7 ...More

The NSE Nifty index was trading 48.1 points down at 23596.7 ...Less

Concerts are making a successful return in India with artists like Diljit Dosanjh and international acts ...More

Concerts are making a successful return in India with artists like Diljit Dosanjh and international acts like Coldplay drawing large crowds. This resurgence is fuelled by Gen Z and a growing middle class. Despite infrastructure challenges, social media helps artists connect with fans. Companies like Zomato and Swiggy are investing in live entertainment, highlighting its potential. ...Less

The National Payments Corporation of India has extended the cap on volumes processed by Unified Payments ...More

The National Payments Corporation of India has extended the cap on volumes processed by Unified Payments Interface applications by two more years to December 2026. The extension aims to prevent slowing UPI growth and affects major players like PhonePe and Google Pay. Meanwhile, WhatsApp Pay can now enable its service for over 500 million users in India. ...Less

Prashant Khemka, Founder of White Oak Capital Management, asserts that the market is always at fair value ...More

Prashant Khemka, Founder of White Oak Capital Management, asserts that the market is always at fair value and cannot be predicted. He highlights the resilience of the IT sector amidst disruptions and stresses the importance of governance in investment, while reflecting on the evolution and future potential of new-age digital companies in India. ...Less

Corporate Year Ender: 2024 was a transformative year for corporate India, marked by significant mergers, ...More

Corporate Year Ender: 2024 was a transformative year for corporate India, marked by significant mergers, record-breaking IPOs, regulatory actions, and policy reforms. Notable events included mergers like Air India-Vistara, IPOs from Hyundai India and Ola Electric, regulatory crackdown on Paytm, and the abolition of Angel Tax, providing a fresh outlook for India's economic landscape in 2025. ...Less

They do not see any need to take these measures politically. Now, economically, there is a need because c ...More

They do not see any need to take these measures politically. Now, economically, there is a need because consumption has been stuck in a groove for more than two years now, not moving. ...Less

Foreign Portfolio Investors (FPIs) Societe Generale, Tiger Pacific Master Fund and UBS Principal Capital ...More

Foreign Portfolio Investors (FPIs) Societe Generale, Tiger Pacific Master Fund and UBS Principal Capital Asia brought their holdings in One 97 Communications below 1% in the September-ended quarter. Shares of Paytm dropped to a low of Rs 700 on the BSE, falling by 3% intraday amid weakness in the overall markets. The stock has witnessed a strong rally in the past 6 months, gaining by over 80%. ...Less

Paytm founder and CEO Vijay Shekhar Sharma said that technology companies will become stronger with the a ...More

Paytm founder and CEO Vijay Shekhar Sharma said that technology companies will become stronger with the adoption of tech. He also added, during his session on Digital Transformation, that anything that is to be accomplished physically or mentally will be replaced by AI like car driving and writing code. ...Less

Hyundai Motor IPO: Five out of six mega IPOs have resulted in wealth destruction, with examples like LIC ...More

Hyundai Motor IPO: Five out of six mega IPOs have resulted in wealth destruction, with examples like LIC and Paytm listing at losses. Despite positive broker ratings for Hyundai's record-breaking IPO, history shows large IPOs often correlate with market peaks and subsequent investor losses. ...Less

Two senior executives at Bhavish Aggarwal's Ola, Suvonil Chatterjee and Anshul Khandelwal, resigned from ...More

Two senior executives at Bhavish Aggarwal's Ola, Suvonil Chatterjee and Anshul Khandelwal, resigned from their positions at Ola Electric, citing personal reasons. Their exits contribute to a series of senior-level resignations across the Ola group, including the departure of top executives from Ola Consumer and the ride-hailing business, amid declining market performance. ...Less

Initial public offerings of eight new-age internet companies in 2024 revealed a significant disparity in ...More

Initial public offerings of eight new-age internet companies in 2024 revealed a significant disparity in wealth creation between startup founders and employees. Founders amassed nearly Rs 34,000 crore, compared to Rs 8,500 crore unlocked for staff through Esops. Concerns arise over disproportionate Esop distribution and the fairness of typical four-year vesting periods. ...Less