/
•
•
Paytm’s claims about why Google kicked its app off the Play Store are misleading at best. Here’s what really happened.

Editor's note: On Friday, 18 September, Google took down Paytm from the Play Store for a few hours. Not to put too fine a point on it, but Google deciding to take down an app which has over 39 million daily active users is sort of a big deal. The same morning, without specifically referring to any errant company, Google put out a blog saying, “We don’t allow online casinos or support any unregulated gambling apps that facilitate sports betting. This includes if an app leads consumers to an external website that allows them to participate in paid tournaments to win real money or cash prizes, it is a violation of our policies.” Needless to say, all hell broke loose as news of Paytm’s removal spread. Paytm founder Vijay Shekhar Sharma blew hot and cold on social media and subsequently in television appearances, where he invoked Prime Minister Narendra Modi’s rallying cry for India to be self-sufficient, “Atmanirbhar Bharat”. Sharma accused Google of high-handedness, and exhorted anyone who’d care to listen in the tech startup ecosystem on the need to check the …
The fintech’s financial services business has done reasonably well in Q4 FY26. But upping its lending game without the NBFC tag will be a tall task.
The RBI’s unusually harsh order raises deeper questions about management credibility—and whether investors should take assurances at face value.
AI is set to disrupt the sector. While the path ahead looks tough for legacy publishers like S Chand Publishing and Arihant Publications, things don’t look encouraging for others in the industry either.