The company, in a disclosure to the exchanges, said that the growth was driven by the festive season and an increase in number of merchants and consumers
With 6 weeks to go, about 2,850 businesses and SPACs have raised more than $600 bn in IPOs, leaving the records for both deal count and proceeds reached in 2007 in the dust
New-age tech firms are inherently more risky
The key difference between the two signal agricultural reform measures - Land acquisition bill and farm laws - is in how they end. Read more in our morning brief
Regulator to also probe the trading pattern on listing day
Discontinued due to Covid restrictions, Railways to resume serving cooked food in trains
Business Standard brings you the top stories on Friday
Online retail B2B unicorn Udaan is planning to go for a fresh round of funding in the next two to three quarters. More on that in our morning wrap.
Investors lost nearly Rs 4,570 crore as Paytm shares tumbled 27% against its issue price post listing. Is there more downside to this fall? Can Paytm shares swing to profit? Let's find out
Will Zomato's diversification deliver unicorns? How does 10Club's Bhavna Suresh plan to scale up businesses? Can Paytm surprise us after market debut? What are FDs and RDs? All answers here
Worst day 1 show among large IPOs
The slump is 'no indicator of the value of our company,' says Vijay Shekhar Sharma.
Given the offer's aggressive pricing and the fact that One97 Communications, the parent company of Paytm, still remains a loss-making entity, most analysts had expected a sub-par listing
Paytm has pushed up numbers with its record fund-raising
In a Q&A, Madhur Deora says the company needs to communicate better and shares his key learnings
Paytm's 27% drop is the worst Day-1 performance among 50-odd IPOs listed this year
Paytm tumbles 27% after weak debut, analysts suggest exiting the stock; Sapphire Foods lists at a 14% premium
Business Standard brings you the top stories on Thursday
The broader markets ended with deeper cuts, the BSE Midcap and Smallcap indices were down 1.5 per cent each
At 10:01 am; Paytm was trading at Rs 1,805, 16% lower against its issue price of Rs 2,150