Paytm Payments Bank to reportedly slash 20% of its workforce amid bleak future
Paytm Payments Bank, the troubled arm of One97 Communications-owned Indian fintech major Paytm, is reportedly planning to trim its staff by 20%. The news comes
Paytm Payments Bank, the troubled arm of One97 Communications-owned Indian fintech major Paytm, is reportedly planning to trim its staff by 20%. The news comes
Following the NPCI’s announcement, shares of Paytm rose at the opening of Friday’s stock market trading session and closed 5% higher at Rs 370.90 on BSE.
We are just in the second month of 2024 and it seems like the year is not faring well for once-celebrated Indian startups, Byju’s and
Vijay Shekhar Sharma, a majority shareholder in PPBL has taken a step back to facilitate the board’s reconstitution with independent directors.
PhonePe, backed by Walmart, has reportedly emerged as the frontrunner, experiencing a 45% week-on-week increase in Android downloads on February 3rd, reaching 2.79 lakh downloads.
Paytm Payments Bank expects the latest RBI action to have an impact of Rs. 300 to Rs. 500 crores on its annual EBITDA, in the worst case.
This latest transaction, which was executed through open market operations, reduces the Japanese conglomerate’s stake in Paytm to approximately 5.06%.
Indian fintech platform Paytm has reportedly trimmed its workforce amid costs cutting measures to realign various businesses. According to a report by The Economic Times,
Legendary investor Warren Buffett led Berkshire Hathaway has offloaded its entire stake in One97 Communications Ltd, the parent company of India’s fintech platform Paytm, exchange
In August, Paytm’s Netherland-based investor Antfin Holding B.V. sold a 10.30% stake in the company to chief executive Vijay Shekhar Sharma. Vijay Shekhar Sharma, founder and
Paytm Payments Bank, the troubled arm of One97 Communications-owned Indian fintech major Paytm, is reportedly planning to trim its staff by 20%. The news
Following the NPCI’s announcement, shares of Paytm rose at the opening of Friday’s stock market trading session and closed 5% higher at Rs 370.90 on BSE.
We are just in the second month of 2024 and it seems like the year is not faring well for once-celebrated Indian startups, Byju’s
Vijay Shekhar Sharma, a majority shareholder in PPBL has taken a step back to facilitate the board’s reconstitution with independent directors.
PhonePe, backed by Walmart, has reportedly emerged as the frontrunner, experiencing a 45% week-on-week increase in Android downloads on February 3rd, reaching 2.79 lakh downloads.
Paytm Payments Bank expects the latest RBI action to have an impact of Rs. 300 to Rs. 500 crores on its annual EBITDA, in the worst case.
This latest transaction, which was executed through open market operations, reduces the Japanese conglomerate’s stake in Paytm to approximately 5.06%.
Indian fintech platform Paytm has reportedly trimmed its workforce amid costs cutting measures to realign various businesses. According to a report by The Economic
Legendary investor Warren Buffett led Berkshire Hathaway has offloaded its entire stake in One97 Communications Ltd, the parent company of India’s fintech platform Paytm,
In August, Paytm’s Netherland-based investor Antfin Holding B.V. sold a 10.30% stake in the company to chief executive Vijay Shekhar Sharma. Vijay Shekhar Sharma, founder
@2022 Unboxed Magazine. All rights reserved. Use of this site constitutes acceptance of our user agreement and privacy policy and cookie statement and your California privacy rights.
@2022 Unboxed Magazine. All rights reserved. Use of this site constitutes acceptance of our user agreement and privacy policy and cookie statement and your California privacy rights.