Business  /  Published 16.09.22

Chinese loan apps: ED freezes Rs 46.67 cr

The Enforcement Directorate on Friday said it has frozen Rs 46.67 crore worth funds kept in payment gateways Easebuzz, Razorpay, Cashfree and Paytm after it carried out raids this week against Chinese...
By PTI in New Delhi

Business  /  Published 06.09.22

ED raid hits Paytm stock

The Paytm stock sank 6.40 per cent in early trading hours as investors reacted negatively to the Enforcement Directorate raids on its premises last Saturday. The stock recovered from these lows, but e...
By Our Special Correspondent in Mumbai

Business  /  Published 03.09.22

ED: Razorpay, Paytm raided

The Enforcement Directorate Saturday said it is conducting raids at Bengaluru premises of online payment gateways like Razorpay, Paytm and Cashfree as part of an ongoing probe against "illegal&qu...
By PTI in New Delhi

Business  /  Published 22.08.22

Vijay Sharma wins Paytm vote

It also issued a similar suggestion with regard to the remuneration for Paytm group chief financial officer Madhur Deora, though it favoured his appointment as a whole time director designated as exec...
By Our Special Correspondent in Mumbai

Business  /  Published 21.08.22

Paytm: Sharma gets support

Shareholders of One97 Communications, which operates under the Paytm brand, have approved the re-appointment of Vijay Shekhar Sharma as managing director and chief executive officer of the company, ac...
By PTI in New Delhi


Business  /  Published 21.08.22

PharmEasy defers IPO plans

API Holdings, the parent of PharmEasy, has withdrawn the draft red herring prospectus (DRHP) submitted for an initial public offering (IPO). The digital healthcare platform, which also has brands suc...
By Our Correspondent in Mumbai

Business  /  Published 09.08.22

Stocks at a 4-month high

Rupee falls The rupee depreciated by 39 paise to close at 79.63 against the US currency on Monday, pressured by dollar demand and waning risk appetite among investors. Lower crude oil prices and a ra...
By PTI, Reuters, NYTNS in Mumbai

Business  /  Published 06.08.22

Uco Bank profit rises 22%

In value terms, gross NPAs fell to Rs 9,739.65 crore from Rs 11,321.76 crore. Net NPAs too declined to 2.4 per cent in the quarter under review from 3.85 per cent a year ago. The bank’s provis...
By Our Bureau in Calcutta/New Delhi

Business  /  Published 22.05.22

Paytm MD tenure renewed

Paytm founder Vijay Shekhar Sharma has been re-appointed as the managing director and CEO of the company for a period of five years. In a regulatory filing on Saturday, One97 Communications, which op...
By Our Special Correspondent in Mumbai

Business  /  Published 13.05.22

Paytm blow to SoftBank

In November 18, 2021, shares of One97 Communications had debuted at Rs 1,955  on the BSE — a discount of 9 per cent to the issue price of Rs 2,150 per share. It then ended at Rs 1,564.15 a...
By Our Special Correspondent in Mumbai


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