Paytm
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 MoreBeginning 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 MorePaytm 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 MoreIndia 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 MoreGoogle, 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 MoreSupreme 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 MorePaytm 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 MoreWarren 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 MoreThe 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 MoreDigital 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 MoreIndia 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 MoreIndian 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.
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