Page 3 - Paytm
Funds raised by Indian fintechs sees 296% jump in 2021 at $5.94 bn
Payments, according to the report, was the second-most popular category for US investors, as 167 companies received funding in 2021 in the APAC region.
 "Funds raised by Indian fintechs sees 296% jump in 2021 at $5.94 bn")
This Warren Buffett-owned Indian stock has been a wealth destroyer
In September 2018, Buffet's investment arm - BH International Holdings - invested $300 million, or Rs 2,179 crore, for 2.6 per cent stake in PayTM, which had valued the start-up at $10 billion then.
 "This Warren Buffett-owned Indian stock has been a wealth destroyer")
Paytm hits new low despite clarifying that business is 'robust'
The stock hit a new low of Rs 536.20, fallen 5% from its intra-day high of Rs 562 on the BSE.
 "Paytm hits new low despite clarifying that business is 'robust'")
Paytm slips 32% in one month, hits new low; tanks 74% from issue price
Off late, the stock has been under pressure following RBI's ban on Paytm Payments Bank (PPBL) from onboarding new customers.
 "Paytm slips 32% in one month, hits new low; tanks 74% from issue price")
Macquarie Cap analyst further cuts Paytm target price, estimate at Rs 400
Paytm, the Indian digital payments startup whose stock has slumped 71% since its November market debut, had its price target reduced further by an Macquarie Capital Securities (India) Pvt. analyst
 "Macquarie Cap analyst further cuts Paytm target price, estimate at Rs 400")
KYC challenge for financial institutions
Months after Paytm IPO shook investors' confidence, a recent audit shook RBI's trust in its implementation of 'know your customer' norms. But are all financial institutions adhering to these norms?
 "KYC challenge for financial institutions")
Softbank representative Munish Varma resigns from Paytm, PB Fintech boards
Softbank Vision Funds India Holdings (Cayman) holds a 17.47 per cent stake in Paytm
 "Softbank representative Munish Varma resigns from Paytm, PB Fintech boards")
Paytm shares extend slide, shed 24% in two sessions and 72% from IPO price
Stock slips 12.3% on Tuesday to end at a new low of Rs 592, as RBI ban on Paytm Payments Bank from onboarding new customers last Friday weighs
Softbank executives to step down from Paytm and Policybazaar boards
This is part of the global strategy of Softbank globally to not be on boards of listed firms
SoftBank execs to quit Paytm, Policybazaar boards as part of global plan
Japanese tech conglomerate expects it would have fewer regulatory issues to tackle with strategy.
 "SoftBank execs to quit Paytm, Policybazaar boards as part of global plan")
Paytm sheds 20% in 2 days; drops out of the BSE top-100 market cap league
With Tuesday's intra-day fall of 9 per cent, Paytm's market capitalisation dropped to Rs 40,863 crore, down at the 112th position on the BSE.
 "Paytm sheds 20% in 2 days; drops out of the BSE top-100 market cap league")
We now understand things we must correct: Paytm Payments Bank chairman
There will be no material impact on Paytm's customer acquisition, Vijay Shekhar Sharma, chairman, Paytm Payments Bank and founder & CEO of Paytm, tells Manojit Saha
 "We now understand things we must correct: Paytm Payments Bank chairman")
RBI punished Paytm Payments Bank for data leaks to Chinese firms: Report
Annual inspections by RBI found that the company's servers were sharing information with China-based entities that indirectly own a stake in Paytm Payments Bank, says a source
 "RBI punished Paytm Payments Bank for data leaks to Chinese firms: Report")
Sensex soars 936 pts, Nifty tops 16,850; HDFC Bank rises 3%, Paytm dips 12%
CLOSING BELL: Shares of One97 Communications, the parent company of digital payments major Paytm, tanked 14.5 per cent to hit a new low of Rs 662 on the BSE in Monday's intra-day trade
 "Sensex soars 936 pts, Nifty tops 16,850; HDFC Bank rises 3%, Paytm dips 12%")
Paytm tanks 14% hits new low post RBI curbs on Payments Bank
Paytm has clarified stating the RBI ban does not impact on the services provided in partnership with other financial institutions.
Stocks to Watch: Paytm, Gail, Maruti, Hindalco, SAIL, Lupin, Welspun India
Paytm is likely to be in focus after RBI's ban on fresh onboarding of customers to its arm Paytm Payments Bank with immediate effect over the weekend.
 "Stocks to Watch: Paytm, Gail, Maruti, Hindalco, SAIL, Lupin, Welspun India")
No harm to person, property in case involving co-founder, clarifies Paytm
Sharma was arrested and released on bail by Delhi Police last month for allegedly ramming his car into the official vehicle of South Delhi's Deputy Commissioner of Police
 "No harm to person, property in case involving co-founder, clarifies Paytm")
Paytm CEO was released on bail in Feb after hitting police officer's car
Paytm CEO Vijay Shekhar Sharma was arrested by the Delhi Police for allegedly ramming into a senior police official's car in February and later was released on bail
 "Paytm CEO was released on bail in Feb after hitting police officer's car")
Sebi tightens IPO valuation scrutiny, jolts startups eyeing listing: Report
Sebi probing IPO-bound firms on non-financial metrics, says report; the push comes after Paytm's IPO debacle
 "Sebi tightens IPO valuation scrutiny, jolts startups eyeing listing: Report")
After Zomato and Nykaa, shareholders vent ire on Paytm over ESOPs
The three resolutions pertaining to ESOPs put to vote by the digital payments firm got over two-third 'against' votes from institutional investors
