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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Vijay Shekhar Sharma has focused on improving compliance, cutting costs and recovering market share after the RBI shut down his payments bank last year. The fintech major is yet to recover to its earlier highs, but its turnaround is gathering momentum.
After facing the biggest-ever crisis last year in its nearly 15 years of existence, Paytm seems to be on the comeback trail.
The year 2024 started with the central bank limiting operations at Paytm Payments Bank, threatening the fintech major’s ability to continue its core business. But the year ended rather well for the Noida-based company. In the quarter ended December 2024, Paytm’s revenue came in at Rs 1,828 crore, an 8% growth from the previous quarter. Another glimmer of hope came in October when it bagged the National Payments Corporation of India’s approval to onboard new UPI users, ending …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
India’s second-largest brokerage by active clients wants to handle IPOs as a merchant banker. But gaining a foothold in the highly competitive sector is easier said than done.
