Paytm

Investors’ dream turns sour as LIC shares crash on market debut

Investors’ dream turns sour as LIC shares crash on market debut

May 17, 2022

The highly awaited listing of India’s largest insurance firm and public sector financial services giant Life Insurance Corporation of India (LIC) disappoints as largest IPO in Indian history debuts with 8.62 pc crash. After touching a high of INR 920 within moments of opening, ...

Read More
Beginning of new era for e-sports in India

Beginning of new era for e-sports in India

December 3, 2021

On December 1, 16 teams from around the world gathered in Berlin to participate in the Valorant 2021 Champions Tour (VCT) where they have been testing their mettle in e-sports in order to claim not just the championship, but also the prize money of USD 1 million. Though India doe...

Read More
Paytm collapse may cool IPO fever in India

Paytm collapse may cool IPO fever in India

November 23, 2021

Paytm’s founder and CEO Vijay Shekhar Sharma does not believe in doing things small or moderate. Though he had founded the firm in 2010 for mobile recharges, Sharma and Paytm hit pay dirt only in 2016 when Prime Minister Narendra Modi abolished high value currency notes in a di...

Read More
India seizes the top spot for most digital transactions in 2020

India seizes the top spot for most digital transactions in 2020

April 5, 2021

While the pandemic and accompanying lookdown brought many segments of economy to their knees, the digital transaction sector thrived as fear of contracting the virus drove people to opt for online modes of payment.

Read More
Google, Paytm spat a precursor to several more

Google, Paytm spat a precursor to several more

September 22, 2020

On September 19, Google suddenly removed from its Play Store the online payment application, Paytm, country’s largest digital payments company, citing breach of its anti-gambling policy. It also dropped Paytm fantasy gaming app, Paytm Games First, hours before start of the firs...

Read More
Supreme Court gives its verdict on Aadhaar Card

Supreme Court gives its verdict on Aadhaar Card

September 27, 2018

The Supreme Court of India declared the Centre's flagship Aadhaar scheme as constitutionally valid but declared some of its provisions, including its linking with bank accounts, mobile phones and school admissions, as unnecessary.

Read More
Paytm opens its complaining booth yet again, this time against Google Pay

Paytm opens its complaining booth yet again, this time against Google Pay

September 26, 2018

Paytm has complained that Google Pay’s privacy policy amounted to “clear disregard for a consumer’s need for privacy”, following which Google Pay has tweaked its privacy policy and has now dropped the word “disclose” from its privacy clause.

Read More
Warren Buffett returns to India with a stake in Paytm

Warren Buffett returns to India with a stake in Paytm

August 31, 2018

Berkshire Hathaway has taken a stake in Indian digital payments firm Paytm, marking return to India by the renowned U.S. investment firm run by billionaire Warren Buffett.

Read More
The draft e-commerce policy goes India First

The draft e-commerce policy goes India First

August 9, 2018

The new draft e-commerce policy is promoting India first and this move could seriously undermine sale strategies of major e-commerce players and is a matter of concern to foreign companies like Amazon and Walmart who have actively invested in Indian e-commerce sites.

Read More
Digital payments industry in India to be worth USD 500 bn by 2020

Digital payments industry in India to be worth USD 500 bn by 2020

February 24, 2017

The digital payments industry in India is set to reach USD 500 billion by 2020, with over 50 pc of internet users in the country using digital modes of transaction.

Read More
India moves towards a digital economy post demonetisation

India moves towards a digital economy post demonetisation

December 2, 2016

India is witnessing a surge in digital payment, backed by government reforms and initiatives after high-denomination currency notes were discontinued in early November.

Read More
Indian Prime Minister’s app just crossed 2.5 million downloads

Indian Prime Minister’s app just crossed 2.5 million downloads

August 30, 2016

Indian Prime Minister’s app, that allows citizens to directly communicate with the PM's office crosses 2.5 million downloads and becomes the most used app of any political leader in the world.

Read More