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The Latest Breaking News from One 97 Communications

Paytm jumps over 4% after Rs 2,038-crore block deal; Saif Partners, Elevation Capital likely sellers

Paytm shares rose over 4% following a significant block deal. Early investors Saif Partners and Elevation Capital trimmed their holdings in the fintech firm. This secondary share sale involved approximately 2.3% of Paytm's outstanding equity. The company recently reported strong quarterly earnings with increased net profit. Paytm's board also approved…

The Economic Times

Paytm calls off its first-ever bonus issue proposal. Here’s what management said

Paytm parent One 97 Communications has shelved its proposed first-ever bonus share issue for now, opting to focus on business growth and improving profitability to create long-term shareholder value. The decision was taken by the board at its July 20 meeting.

The Economic Times

Paytm's European arm secures payment institution licence in Luxembourg

Paytm's European arm, Paytm Europe Payments, has secured a crucial payment institution license from Luxembourg's financial regulator, effective July 2, 2026. This approval allows the company to offer a range of payment services, including fund transfers and credit line-backed transactions. The move follows a significant investment by its parent company,…

The Economic Times

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Paytm block deal: SocGen, Ghisallo, Viridian among biggest buyers in Rs 964 crore stake sale

Paytm's parent company, One 97 Communications, saw Rs 964 crore in block deals on Friday. Major institutional investors like Societe Generale and Nippon India Mutual Fund bought shares. Existing shareholders such as SAIF Partners reduced their holdings. This activity occurred as Paytm shares experienced a decline. The stock has shown…

The Economic Times

BSE 100 rejig: Paytm, Ashok Leyland and CG Power enter index; Adani Group-owned Ambuja, 2 more exit

Paytm, Ashok Leyland, and CG Power were added to the BSE 100, replacing Ambuja Cements, Tube Investments, and Colgate-Palmolive, effective today. TVS Motor entered the BSE Sensex 50, dislodging Adani Enterprises.

The Economic Times

Paytm shares drop 4% after SAIF Partners, others likely sell stake worth Rs 960 crore

Shares of One 97 Communications, the parent of Paytm, fell sharply on Friday after existing investors, including SAIF Partners and Elevation Capital, likely sold shares worth Rs 960 crore. Around 86 lakh shares changed hands in a large block deal, pressuring the stock despite broader market gains.

The Economic Times

Paytm block deal: SAIF Partners, others likely to sell stake worth Rs 963 crore, says report

Paytm's existing investors are expected to sell shares in a block deal. The transaction will involve approximately 8.6 million shares. The floor price is set at Rs 1,120.65 per share. This stake sale is anticipated to be worth $100 million. Citi is reportedly managing the placement. This comes after a…

The Economic Times

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Paytm shares climb 5% after Q4 results. Do Jefferies and Bernstein see further upside?

Paytm's parent company, One 97 Communications, reported a profit of Rs 184 crore for the fourth quarter. This led to a significant rally in its shares. Revenue from operations also saw an increase. Analysts maintain positive ratings, citing strong revenue momentum and controlled expenses. The company's financial performance shows improvement…

The Economic Times

Paytm slumps as Macquarie sees risk from Mukesh Ambani's financial foray

Shares of One 97 Communications, the parent of India’s leading digital payments brand Paytm, plunged to a record low on Tuesday after Macquarie Group analysts flagged risks from billionaire Mukesh Ambani’s foray into the financial services business.

The Times of India

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