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  Paytm takes strategic measures amid PPBL crisis: Discontinues inter-company agreements

  Business | March 01, 2024 10:00 IST

  Amid regulatory pressure from the Reserve Bank of India (RBI), Paytm's parent company, One 97 Communications, has taken decisive steps to sever inter-company agreements with Paytm Payments Bank Limited (PPBL).

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  Paytm Q3 loss declines to Rs 220 crore, revenue surges 38 per cent

  Business | January 19, 2024 18:08 IST

  One 97 Communications' consolidated revenue for the quarter rose by 38 per cent, reaching Rs 2,851 crore compared to Rs 2,062 crore in the same period a year earlier.

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  Paytm Money gets Rs 40 cr from One97 Communications

  Business | September 16, 2019 20:57 IST

  Paytm Money Managing Director and CEO Pravin Jadhav said: "We continue to be a wholly-owned subsidiary of One97 Communications, and over the next 18-24 months expect investments of Rs 250 crore from Paytm".

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  Paytm Mall reports Rs 13 cr loss for 2016-17, brushes it off as growth pangs

  Business | October 10, 2017 14:21 IST

  These are the initial years for Paytm Mall and we have a long-term perspective on building a successful tech business, a Paytm Mall spokesperson said.

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  Paytm in talks to acquire Snapdeal’s payment wallet business Freecharge

  June 01, 2017 13:50 IST

  Snapdeal had acquired FreeCharge in 2015 for an estimated Rs 2,400 crore in a stock-cash deal

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  Paytm employees make most of surge in valuation, sell shares worth Rs 100 cr in past few weeks

  March 23, 2017 11:31 IST

  Paytm has seen a steep surge in its valuation following the government's drive to transform India into a cashless society

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  Jack Ma’s Alibaba takes 62 pc stake in Paytm with Rs 1,200 cr funding

  March 03, 2017 11:35 IST

  The move pits Alibaba directly in competition with Amazon and Flipkart for a share in the Indian digital commerce market

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  Paytm founder sells 1 per cent share in One97 Communications for Rs 325 cr

  December 09, 2016 19:14 IST

  Vijay Shekhar Sharma, the Paytm founder, has sold one per cent of his shares in One97 Communications to its shareholders for about Rs 325 crore.

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  Alibaba eyes Rs 3,150 crore stake in Paytm parent One97

  January 12, 2015 10:45 IST

  New Delhi: China's Alibaba Group Holding and its unit Alipay are in advanced talks to buy a stake for about $550 million (Rs 3,150 crore) in India's One97 Communications, which owns Paytm, an e-commerce payment