Vijay Shekhar Sharma: News
12 Sep 2024
PaytmPaytm founder pledges profitability and regulatory compliance at AGM
Paytm's founder, Vijay Shekhar Sharma, has emphasized the company's commitment to achieving profitability and meeting regulatory compliance during its Annual General Meeting (AGM) on Thursday.
26 Aug 2024
PaytmSEBI issues notices to Paytm founder, directors over IPO violations
The Securities and Exchange Board of India (SEBI) has served show-cause notices to Vijay Shekhar Sharma, the founder of One 97 Communications Ltd (Paytm's parent company), and several board members.
17 Jul 2024
PaytmHealth check-up expenses got you worried? Try Paytm's new insurance
Digital payments giant Paytm has unveiled a new health insurance policy, "Paytm|Health Insurance," which extends its coverage to regular healthcare services.
10 Jun 2024
PaytmPaytm lays off more employees amid restructuring efforts
One97 Communications, the parent company of the fintech giant Paytm, has announced another reduction in its workforce as part of a company-wide restructuring plan.
29 May 2024
Adani GroupGautam Adani discusses Paytm stake purchase with Vijay Shekhar Sharma
Gautam Adani, chairman of the Adani Group, is in talks with Vijay Shekhar Sharma, founder and CEO of Paytm, to acquire a stake in One 97 Communications, the parent company of Paytm.
22 May 2024
PaytmPaytm considers job cuts as losses mount after RBI clampdown
Paytm, a prominent fintech firm in India, is planning to streamline its operations and concentrate on core businesses, as revealed by CEO Vijay Shekhar Sharma in a recent shareholder letter.
06 May 2024
PaytmPaytm shares plunge 5% as COO Bhavesh Gupta resigns
One 97 Communications Ltd., the parent company of Paytm, witnessed a significant 5% drop in share prices on Monday.
05 May 2024
PaytmPaytm President Bhavesh Gupta steps down ahead of Q4 results
Bhavesh Gupta, the President and Chief Operating Officer (COO) of mobile payments giant Paytm, has resigned due to personal reasons.
09 Apr 2024
PaytmPaytm Payments Bank's CEO steps down amid company restructuring
Surinder Chawla, the CEO of Paytm Payments Bank, has announced his resignation effective June 26.
14 Mar 2024
PaytmPaytm's parent company considers job cuts across departments
One 97 Communications, the parent company of fintech unicorn Paytm, is reportedly planning to reduce its workforce across various departments.
02 Mar 2024
PaytmFinance Ministry imposes Rs. 5.49cr fine on Paytm Payments Bank
India's Financial Intelligence Unit (FIU) has slapped Paytm Payments Bank, Paytm's banking division, with a hefty penalty of Rs. 5.49 crore for failing to report illegal monetary transactions through its accounts.
01 Mar 2024
PaytmPaytm delinked from its payment bank: Here's what it means
The board of directors at Paytm has approved the decision to discontinue inter-company agreements with Paytm Payments Bank Limited (PPBL).
29 Feb 2024
PaytmSoftBank reduces stake in crisis-hit Paytm to less than 3%
SoftBank has reduced its stake in Paytm, now holding only 2.83% compared to 5.01% previously, as reported in a recent exchange filing.
27 Feb 2024
PaytmPaytm shares up 5% again: What's fueling the rally
Paytm's stock saw another 5% boost today following the resignation of its founder, Vijay Shekhar Sharma, as chairperson and board member of crisis-hit Paytm Payments Bank Ltd (PPBL).
26 Feb 2024
PaytmVijay Shekhar Sharma steps down as Paytm Payments Bank chairman
Paytm founder Vijay Shekhar Sharma on Monday resigned as a part-time non-executive chairman of Paytm Payments Bank Limited (PPBL).
07 Feb 2024
PaytmPaytm Payments Bank faces uncertain future as RBI denies concessions
There seems to be no respite for Paytm Payments Bank Limited (PPBL) as the Reserve Bank of India (RBI) has denied any concessions, including transferring accounts to other banks or extending the deadline past February 29, 2024.
05 Feb 2024
PaytmPaytm shares continue to crash, down 42% in 3 sessions
Paytm's stock has taken a significant hit, plummeting over 42% in just three sessions since the Reserve Bank of India (RBI) imposed restrictions on its banking unit.
22 Jan 2024
PaytmPaytm surpasses 10 crore monthly active users
Fintech giant Paytm recently announced that it has surpassed 10 crore monthly active users by December 2023.
23 Oct 2023
PaytmPaytm founder launches investment fund for AI, EV start-ups
Paytm's founder and CEO Vijay Shekhar Sharma has announced a SEBI-approved, Category II Alternate Investment Fund (AIF) named 'VSS Investments Fund.'
23 Dec 2022
PaytmNo more cash burn at Paytm: CEO Vijay Shekhar Sharma
Paytm is done with cash burn in the business, said CEO Vijay Shekhar Sharma. Speaking at Business Standard BFSI Insight Summit event, he added that the company is already making great strides in controlling spending.
13 Mar 2022
PaytmPaytm founder granted bail after arrest for hitting DCP's car
Paytm founder and CEO Vijay Shekhar Sharma was arrested last month and released on bail, reports said on Sunday.
18 Nov 2021
PaytmPaytm debuts on NSE, BSE: Find all key details here
Today, the financial sector is clamoring about India's biggest initial public offering (IPO). Mobile payment platform Paytm's parent firm, One97 Communications, will debut on Dalal Street.
06 Oct 2020
PaytmPaytm to host app developers conference on October 8
Indian payments decacorn Paytm is gearing up to take on the dominance of Google.
13 Dec 2019
PaytmPaytm raises another $669.5 million from existing investors
Just a couple of weeks after raising a whopping $1 billion, One97 Communications, the parent of digital payments giant Paytm, has raised $669.5 million (roughly Rs. 4,724 crore) in another round of funding.
25 Nov 2019
IndiaPaytm raises $1 billion, becomes most valued Indian start-up
One97 Communications, a Noida-based company that owns digital payments platform Paytm, has raised around $1 billion in a recent funding round.
01 Jan 2019
IndiaPaytm Payments Bank back in business after RBI nod
After six months of inactivity, Paytm Payments Bank (PPB) has started adding new customers following a clearance by the Reserve Bank of India (RBI).
20 Dec 2018
IndiaHere's why RBI stopped Paytm bank from enrolling new customers
Although Paytm got off to a good start with its payments bank initiative, opening of new bank accounts and e-wallets abruptly came to a halt in August this year, thanks to the Reserve Bank of India (RBI).
25 Oct 2018
PaytmIn an unforeseen twist, Paytm secretary claims she was extorted
In what can only be called an unforeseen twist in the extortion case involving Paytm employees and CEO Vijay Shekhar Sharma, the mastermind of the extortion plot has claimed to be a victim of extortion herself.
23 Oct 2018
IndiaPaytm CEO's secretary arrested for blackmailing him for Rs. 20crore
Two senior Paytm employees and their accomplice have been arrested by the Noida police for allegedly stealing personal and confidential information from Paytm founder and CEO Vijay Shekhar Sharma, and blackmailing the entrepreneur.
29 Aug 2018
Paytm5 exclusive features that Paytm offers
Paytm was founded by Vijay Shekhar Sharma in August 2010; it is based out of Noida.
18 Aug 2018
PaytmIndia's youngest billionaire slammed for Rs. 10,000 donation for flood-victims
With several avenues now open for providing financial help to flood victims in Kerala, several industrialists, politicians, celebrities, and the like, along with normal citizens, have started contributing.
03 Aug 2018
India5 financial services offered by Paytm you should know about
Paytm is Noida-based E-commerce start-up that mainstreamed digital wallets in India, and helped us get rid of the unnecessary hassle of making cash payments.
30 May 2018
IndiaYou may get WhatsApp payment feature next week
Earlier in February, WhatsApp did an initial roll-out of its payment feature in India which allows users to send and receive money through the chat app.
30 Jan 2018
Paytm200 Paytm employees including office boy become millionaires after stock-sale
About 200 former and current Paytm employees have become millionaires after selling their stocks in the company worth Rs. 500cr.
16 Nov 2017
PaytmPaytm now lets you borrow interest-free credit! Here's how.
Paytm has been expanding its range of services tremendously, and there's another new product in store.
07 Nov 2017
IndiaNow you can send, receive money using BHIM-UPI on Paytm
After introducing Paytm "Inbox" in-app messaging feature, the Indian digital payments leader has now launched yet another exciting feature.
06 Oct 2017
IndiaPaytm Payments Bank incurred Rs. 30cr loss in 7 months
In its regulatory filing to Registrar of Companies (RoC), Paytm Payments Bank informed that in the time period between August 2016 and March 31, 2017, it has incurred losses of Rs. 30.7 crore.
01 Sep 2017
IndiaPaytm looking to become a full-service bank through partnerships
Paytm's rise to prominence during the demonetization-phase fuelled its ambition to get into the banking business.
17 Aug 2017
IndiaNarendra Modi will meet 200 start-up entrepreneurs to discuss ideas
Prime Minister Narendra Modi will be meeting the 'champions of change', who have set up successful businesses from the grounds up, today at a session organized by federal policy think tank NITI Aayog.
07 Aug 2017
IndiaCEOs: Deciphering the enigma and busting the boardroom's myths
It's a thinking-out-loud kind of a situation. What makes a CEO tick?
26 Jul 2017
PaytmPaytm, Hong Kong-based AGTech Media to develop games jointly
One97 Communications-owned digital payments giant Paytm inked a joint venture deal with Hong Kong's lottery company AGTech Media, a wholly-owned subsidiary of AGTech Holdings.
07 Jun 2017
PaytmPaytm founder Vijay Shekhar's new Lutyens' zone acquisition
Paytm founder Vijay Shekhar Sharma has a new property: 6,000-sq-ft residential premises worth Rs. 82cr at New Delhi's coveted Lutyens' zone, one of India's most expensive locations.
25 Mar 2017
IndiaGoing cashless to support "Digital India"
Indians are more accustomed to having money in their physical wallets than a digital one.
29 Oct 2016
IndiaFlipkart's Sachin Bansal eyes lobby group for start-ups
Flipkart's co-founder Sachin Bansal is eyeing the possibility of creating a lobby group for start-ups across the country.
08 Oct 2016
Reserve Bank Of India (RBI)Need to remove hurdles to achieve 8% sustainable growth
Speaking at the 32nd India Economic Summit, Commerce and Industry Minister Nirmala Sitharaman said Indian economy can achieve an 8% sustainable growth in the coming years.
07 Aug 2016
PaytmBig Bazaar goes online with Future Group and Paytm Partnership
Retail company Future Group tied up with Paytm, an e-commerce mobile payment and commerce platform this month.
