Paytm
Paytm shares rally 31% so far in 2025. Analysts say Rs 1,420 within reach. Should you buy?
Paytm's stock is performing well in 2025. The company achieved its first profitable quarter. Experts believe the stock price could reach Rs 1,420. Technical analysis indicates a strong uptrend. The Reserve Bank of India approved Paytm as an online payment aggregator. Investors should watch support levels for potential profit booking. The stock shows potential for further gains.
Stock Radar: Paytm hits fresh record high in September 2025; will the rally sustain or should you book profits?
Paytm has been on an uptrend since March 2025, supported by positive investor sentiment and strong bounce backs. Technical analysis suggests a potential rally continuation, with experts recommending a buy for a target of Rs 1,330 in the next 2-3 weeks. The stock's price structure, option flows, and stable volatility further validate the bullish outlook.
Paytm explains on Google Play Alert, No issues with Paytm UPI, Only Recurring Payments to be Updated to New UPI handles
Paytm has clarified that Google Play's notification regarding UPI handle changes was potentially misleading. The company assures users that regular UPI payments remain unaffected, with the update only impacting recurring transactions. Users need to switch their @paytm handle to a bank-specific one like @pthdfc before August 31, 2025, as part of Paytm's transition to a Third Party Application Provider.
Paytm clarifies no disruption to UPI payments following Google Play alert
Paytm clarifies Google Play's alert about UPI handle changes. There is no disruption to regular UPI payments. Only recurring payments need updates. Users must change their @paytm handle to a bank-linked handle. This change is due to NPCI's TPAP migration. The deadline for updating recurring mandates is August 31, 2025. Paytm reassures customers that all other UPI transactions remain unaffected.
Stock Radar: This fintech stock hits fresh highs in September; trading in a rising channel; check for target & stop loss
Paytm, a fintech player, exhibits strong bullish momentum, trading in a rising channel with increasing volumes. Experts suggest a potential target above 1400 levels, supported by its consistent trading above key moving averages. The short-term uptrend is likely to persist if the stock maintains support in the 1240-1210 range, projecting a target price of 1400-1440.
“Lage Raho”, the spirit Vijay Shekhar Sharma brings to Paytm AGM
Vijay Shekhar Sharma opened Paytm's AGM with an inspiring Hindi poem about perseverance, linking it to the company's journey and commitment. He highlighted Paytm's role in supporting India's development through empowering small businesses with innovative, made-in-India solutions like the redesigned Soundbox. Sharma expressed optimism about AI's transformative potential, predicting it will drive Paytm's future growth and innovation.
Swiggy HDFC Bank credit card customers to get instant discount on domestic, international flight, bus bookings made via Paytm Travel
Swiggy HDFC Bank Credit Card customers can now enjoy a 6% instant discount on domestic and international flight and bus bookings via Paytm Travel. Swiggy says that this new benefit, exclusively on Paytm Travel, complements existing cashback rewards on Swiggy and other online spends. Swiggy HDFC Bank credit cardholders can also avail of a complimentary Swiggy One membership and potential annual savings of Rs 42,000.
Varun Sridhar quits Paytm, plans to startup in the wealthtech space
Varun Sridhar, CEO of Paytm Services said he is planning to start up in the wealthtech space, though the idea and how to bring real value to investors and traders is still a work in progress.
One 97 Communications approves investments in subsidiaries via rights issue
One 97 Communications, the parent company of Paytm, has approved investments in its subsidiaries through a rights issue, enabling the company to infuse fresh capital, and support growth initiatives.
Paytm founder Vijay Shekhar Sharma, worth Rs 12000 crore, reveals how he went from school topper to ‘backbencher’ in college
Vijay Shekhar Sharma, the founder of Paytm, shared his inspiring journey on The Great Indian Kapil Show, highlighting his early struggles with the English language during college. Despite being a bright student, he faced humiliation and academic setbacks due to his inability to communicate effectively in English.
Venturi Partners announces first close of second fund at $150 million
Venturi Partners has announced the first close of its second fund at $150 million, aiming for a total of $225 million within 12 months. The Singapore-based firm will invest in high-growth consumer companies across India and Southeast Asia, focusing on category creators, disrupters, and unorganised-to-organised-market transitions in Series B-D stages.
NPCI raises UPI transaction limit to Rs 5 lakh for high-value payments
The relaxed transaction limit will apply to categories, including insurance, travel, jewellery, and credit card bill payments, among others.
UPI sets remarkable new volume milestone in August
Unified Payments Interface transactions have surpassed 20 billion in August. Data from the National Payments Corporation of India shows a rise in volume and value. Transaction amount registered a growth of 21 percent. Volume grew by 34 percent. UPI now accounts for 85 percent of India's digital transactions. It is live in seven countries, including France, marking its European entry.
Other side of fame and money: boAT cofounder Aman Gupta, worth Rs 700 crore, says relationships are not same anymore, people judge you
On The Great Indian Kapil Show, Indian entrepreneurs like Aman Gupta discussed how wealth impacts relationships, noting increased judgment from loved ones. Gupta shared that success brings scrutiny and emphasized the importance of staying grounded, recalling his mother's advice against letting pride take over. He also humorously mentioned using Archana Puran Singh's laughter to test boAt's noise-cancellation headphones.
Elevation Capital raises $400 million late-stage fund to back IPO-bound startups
Elevation Capital, known for early-stage investments in companies like Paytm and Swiggy, is launching a $400 million late-stage fund, Elevation Holdings. This new vehicle will target long-term investments in 10-15 companies nearing public markets, focusing on consumer and financial services with a technology emphasis.
Reliance Jio IPO at $154 billion valuation? India's biggest listing and what investors need to know
Reliance Jio is gearing up for a record-breaking IPO by H1 2026, potentially raising up to Rs 67,500 crore and valuing the company at $154 billion. It would surpass all previous Indian listings, including Hyundai and LIC. With over 500 million subscribers and strong financials, Jio aims for global expansion, though analysts caution on valuation benefits for RIL shareholders.
Irdai hardens stance: No insurance licence to VC-backed fintechs
Irdai is reportedly tightening its grip on insurance manufacturing licenses for venture-backed fintech startups, favoring promoter-driven companies. This shift challenges startups like Onsurity and Loop Health, which raised significant funding based on securing these licenses. The regulator seems to prefer startups focusing on distribution, potentially impacting valuations and business models.
Urban Company IPO: Early backers stand to make up to 29 times their investment
Urban Company’s IPO, opening on 10 September, is set to give big returns to early investors. Accel will earn 29X, Elevation Capital 19X, and Bessemer 14X. The IPO values the firm at Rs 15,000 crore. Major investors and founders will sell shares worth hundreds of crores through the offer-for-sale route.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets closed higher on Wednesday, led by banking and metal stocks, with Nifty at 24,715 and Sensex at 80,567. Investors await GST Council updates that could impact consumption-led sectors, while technical indicators show cautious near-term market momentum and potential support-resistance levels.
Proposed Reliance Jio IPO in 2026 billed as biggest public issue in Indian history
Reliance Jio, India's largest telecom operator, is planning to launch its initial public offering (IPO) by the first half of 2026, which could be the biggest share-sale in the country's history.
Raamdeo Agrawal advocates for bold reforms in India amid US tariff challenges
Raamdeo Agrawal advocates for bold reforms by the government. He notes the current market dynamics of promoters selling and retail investors buying. Agrawal sees opportunities despite pricey valuations, advising investors to buy and hold for long-term growth. He cautions against the risks of investing in unlisted companies. He suggests a SIP approach for lump sum investments.
This midcap stock surged up to 22,344% since last Ganesh Chaturthi; 32 others rose up to 2,557%
Since last Ganesh Chaturthi, 33 stocks delivered significant returns. Elitecon International led with substantial growth. Kothari Industrial Corporation and Colab Platforms also saw major surges. Several other stocks, including Paytm, experienced gains. Nifty 50 index saw a slight decrease during this period. Some stocks yielded negative returns. Eicher Motors and Mahindra & Mahindra outperformed within the Nifty pack.
From Sahara to Dream11: Harsh Goenka calls India's cricket jersey as 'real brand survival test'
Harsh Goenka's comment highlights the risks of sponsoring the Indian cricket team. Dream11 ended its jersey deal after a new gaming law. Many past sponsors like Sahara and Byju's faced financial or legal issues. The Board of Control for Cricket in India seeks a new sponsor for the Asia Cup. Despite the 'jersey jinx,' the sponsorship remains highly desirable.
BSE 500: 360 stocks sink in August, 65 crash in double-digits; KIOCL, Maruti & Godfrey Phillips shine up to 28%
BSE 500 slipped nearly 2% in August as Trump’s tariff moves and weak Q1 earnings spooked investors. FIIs pulled out nearly Rs 35,000 crore, dragging PSU, infrastructure, and energy stocks, while autos, consumer discretionary, and durables outperformed on GST reform optimism. PNB Housing Finance was the biggest loser as the counter slipped 24% in August while top returns of 28% was recorded by KIOCL.
As Karnataka offers 50% waiver on traffic e-challan fines till September 15, 2025, here's how you can pay it online
The Karnataka government has announced a 50% rebate (waiver) on pending traffic penalties beginning on August 21, 2025, in an effort to ease the burden on the public and expedite the settlement of pending traffic infraction cases throughout the state.
Explained: What record-breaking Jio IPO means for 44 lakh Reliance Industries shareholders
Mukesh Ambani is gearing up for Jio's mega IPO — tipped as the "mother of all IPOs" – but Reliance Industries' 44 lakh shareholders may be sidelined. Unlike the Jio Financial Services spin-off, this listing won't give them direct shares. Instead, they'll benefit indirectly via RIL’s 66.3% stake, which may face a holding company discount from investors seeking direct exposure.
Archana Puran Singh’s laughter had a big role in boAt’s success. Yes. Aman Gupta explains the connection
Aman Gupta from BoAt credits Archana Puran Singh's laughter for their noise cancellation tech. He revealed this on The Great Indian Kapil Show. Gupta mentioned using her laughter in BoAt's R&D. This helped them refine their headphones. Gupta also thanked Archana for her contribution. Kapil Sharma joked about giving her headphones instead of equity.
ETSA 2025 jury meet; and other top tech and startup stories his week
Welcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories from this week. Let’s take a look at the recap.
The ET Startup Awards 2025: elite jury to pick winners on August 28
Happy Tuesday! The ETtech team has been neck-deep preparing for the past few months to bring you the 11th edition of The Economic Times Startup Awards (ETSA). Today, we are unveiling the elite jury and nominees for two more categories — Woman Ahead and Social Enterprise.
OYO founder Ritesh Agarwal reveals people called his startup ‘YoYo’ once. Kapil Sharma quips, ‘Be careful, Honey Singh might…’
The Great Indian Kapil Show's teaser is creating buzz. Kapil Sharma engages with startup founders. Vijay Shekhar Sharma, Aman Gupta, Ghazal Alagh, and Ritesh Agarwal will appear. They share stories and enjoy Kapil's humor. An audience member suggests a business idea. Aman Gupta appreciates Archana Puran Singh's laughter. The episode premieres on Netflix on August 23.
ET WLF 2025: ‘Beyond cards, beyond OTPs,’ says Rajat Taneja
Visa is engaging with Indian stakeholders to revive the New Umbrella Entity (NUE) framework and explore alternative settlement systems, aiming to enhance interoperability with UPI and expedite transaction settlements. Visa envisions a future where digital credentials, enhanced by biometrics and AI, streamline payments and reduce reliance on traditional methods like OTPs and physical cards.
Festive lift for etailers; Elevation’s late-stage push
Happy Friday! Online sales this festive season are expected to reverse three years of slowdown. This and more in today’s ETtech Morning Dispatch.
AI scanning chats? WhatsApp responds after Paytm founder Vijay Shekhar Sharma's warning
WhatsApp's latest update brings AI integration, raising privacy concerns. Vijay Shekhar Sharma alerts users about potential AI access to chats. Users can adjust settings to block this. New features include scheduled group calls and interactive tools. Meta plans monetization features like paid subscriptions and ads. These changes build on Meta's AI push within WhatsApp.
PayNearby plans to go public next year, says CEO
Indian fintech giants such as Paytm, PhonePe and BharatPe dominate the market with payments and lending, but PayNearby takes a different route by building a vast network of neighborhood retailers to deliver digital services.
2 top stock recommendations from CA Rudramurthy BV
CA Rudramurthy BV of Vachana Investments remains optimistic about the market, suggesting a "buy on every dip" strategy. He highlights the positive impact of the GST initiative and potential RBI rate cuts. While acknowledging geopolitical tensions and other external factors, he anticipates the market reaching all-time highs if these issues subside and earnings improve.
India needs a 'Desi Counter Intuitive UPI App' to truly leverage data: SBI Report
A State Bank of India report suggests India requires a domestic UPI application. This app will help leverage data and reduce dependence on foreign platforms. Currently, PhonePe leads in UPI transactions, followed by Google Pay and Paytm. The report highlights that concentrating transactions among a few apps may hinder India-centric fintech innovation.
Ahead of Market: 10 things that will decide stock market action on Monday
The Indian market ended lower, breaking a six-day winning streak, as investors turned cautious ahead of Powell’s Jackson Hole speech and looming US tariffs. Despite global uncertainties, strong domestic indicators like record PMI and tax reliefs supported resilience. Analysts see Nifty consolidating before advancing.
Startup IPOs by default, not design
Over the last two-three years, India’s late-stage private tech funding landscape has changed radically as growth bets and larger cheques have mostly vanished. A $100 million funding round for mature startups has all but disappeared.
Paytm shares up 17% so far in 2025. Should you ride the rally or wait for a dip?
Paytm's stock has experienced a significant surge in 2025, fueled by a recent RBI approval and a profitable first quarter. Analysts suggest potential for further gains, with targets ranging from Rs 1,220 to Rs 1,400. However, some caution that the rally may be overextended, advising investors to consider potential pullbacks as buying opportunities, while being aware of resistance levels.
Reliance Jio offers cheapest choice compared to other telecom operators: Report
Reliance Jio remains the most affordable telecom operator in India, offering better data benefits at lower prices than Airtel and Vodafone Idea, according to a BNP Paribas report. Despite aligned pricing across major plans, Jio provides higher daily data limits and monthly savings of up to ₹50. Its pricing strategy continues to cater effectively to both data-heavy and voice-only users.
As regulatory curbs seem to ease fintechs bet on festive spark in unsecured lending play
After a period of slowdown due to regulatory measures, the digital lending sector anticipates a turnaround in FY26, fueled by the upcoming festive season. Fintechs and traditional lenders are cautiously optimistic, observing signs of easing stress in the unsecured credit market. Lenders are revisiting risk weights and recalibrating partnerships, expecting a strong second half driven by increased demand.
Inox Wind shares rally 5% after Rs 175 crore stake sale in unit
Inox Wind shares rose over 5% after it sold a ₹175 crore stake in its EPC arm, Inox Renewable Solutions, valuing the unit at around ₹7,400 crore. The move aims to boost operations and unlock value.
Paytm shares surge 5% to 52-week high as RBI grants payment aggregator licence to subsidiary
Paytm Share Price: Paytm's parent company, One 97 Communications, saw its shares surge by 4.8% to a new 52-week high following the RBI's in-principle authorization for its subsidiary, PPSL, to operate as an online payment aggregator. The RBI's approval is contingent upon PPSL adhering to specific guidelines and undergoing a comprehensive system audit.
From here on, all bets are on how GST is impacting demand, says Dinshaw Irani and adds why Helios is betting on Ola
Helios Mutual Fund is optimistic about domestic consumption, recently adding Ola to its portfolio due to its EV two-wheeler potential. Dinshaw Irani highlights Ola's improved profitability and focus on Generation III bikes with indigenous batteries. Helios believes the worst is over for Ola, citing margin improvements and faith in the management's direction.
UPI transactions surge in 2025, daily average value crosses Rs 90,000 crore in August: Report
UPI transactions in India have surged in 2025, reflecting a significant expansion in both value and volume. Average daily transaction values climbed steadily, reaching Rs 90,446 crore in August, while transaction volumes hit 675 million. Maharashtra leads state-wise UPI adoption, indicating a widespread shift towards digital payments across the nation.
ChatGPT Go launched in India: Check subscription price, features, plans, and how to subscribe
ChatGPT Go Subscription (Google Trends): OpenAI has launched ChatGPT Go in India, a budget-friendly subscription at Rs 399 per month. This plan offers enhanced features over the free version, including increased message limits, image generation, and file uploads. Targeted at students, professionals, and creators, it aims to make advanced AI tools more accessible in the growing Indian market.
Paytm Payments gets RBI nod to operate as online payment aggregator
The Reserve Bank of India has granted Paytm Payments Services the authorization to function as an online payment aggregator, according to One97 Communications. This decision lifts previous restrictions on onboarding merchants. However, the authorization is specifically for payment aggregator operations, and certain transactions, like pay-outs, cannot be processed through escrow accounts designated for these operations.
From Paytm to Eternal: 42 stocks India's top performing PMS fund managers are betting on
India’s top-performing PMS funds placed bold bets in July across 42 stocks, spanning fintech giants, healthcare disruptors, agrochemicals, and industrial leaders. With strategies focused on digital disruption, speciality chemicals, and consumption growth, money managers are positioning portfolios for India’s next phase of growth.
Banks are fast warming up to UPI credit line for small value loans
After delays, UPI credit lines may gain traction as banks explore offering small loans to new customers via UPI apps. Banks like ICICI and Karnataka Bank are considering scaling up the product through platforms like PhonePe and Paytm. Clarifications from the RBI regarding product functioning have paved the way for early tests, potentially boosting UPI's transaction volume and adoption.
Make telecom stocks part of core portfolio; digital commerce, insurance other favourites: Rajesh Bhatia
Rajesh Bhatia of ITI MF advocates for including telecom stocks in core portfolios, highlighting tariff increases and growing free cash flow. He also favours digital economy companies like PB Fintech and Zomato, citing their rapid growth and potential profitability. Bhatia expresses less optimism about oil and gas, preferring sectors with predictable growth.
Paytm Payments Services gets 'in-principle' nod from RBI to operate as online payment aggregator
Paytm Payments Services received in-principle approval from the RBI to operate as an Online Payment Aggregator, subject to compliance with regulatory guidelines. The approval mandates a system audit, including a cyber security assessment, to be completed within six months. Failure to comply will result in the authorization lapsing, and adherence to guidelines on shareholding changes is also required.
NPCI to stop UPI P2P 'collect requests' from October 1 to combat fraud
To combat financial fraud, the National Payments Corporation of India (NPCI) has directed banks and payment apps to discontinue peer-to-peer (P2P) 'collect requests' on UPI by October 1, 2025. This decision impacts major UPI apps like PhonePe, Google Pay, and Paytm. The move aims to enhance security by ensuring all P2P transactions are payer-initiated, reducing the risk of fraud.
F&O Radar | Deploy Broken Wing in Paytm to play stock’s bullish outlook
Paytm shares are exhibiting bullish momentum, trading near Rs 1,122 after a Cup and Handle breakout. Analysts suggest a sustained move above Rs 1,130 could lead to targets of Rs 1,300 and Rs 1,400. A Broken Wing strategy is recommended to capitalize on the stock's potential uptrend, managing risk with a stop-loss at Rs 1,030.
Bajaj Finance shares up 30% in 2025 so far. Can GST reform tailwinds push the stock past Rs 1,000?
Bajaj Finance shares are soaring, fueled by potential GST cuts on consumer durables and India's credit rating upgrade. Analysts predict lower EMIs and cheaper offshore funding could propel the stock past ₹1,000. Technical analysis suggests a positive near-term trend, with support around ₹850 and resistance at ₹930.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian markets closed higher on Monday as easing concerns over Russian oil supplies and optimism about GST reforms lifted sentiment. Sensex gained 676 points, while Nifty rose 246 points, with autos leading sectoral strength.
Taxman eyes crypto code; China stalls India tech JVs
We’ve got fresh details on India’s crypto regulation push, plus a look at China’s tech deal delays. This and more in today's ETtech Top 5.
Only 36% of IPOs have delivered long-term alpha despite hype: Client Associates
Client Associates’ study of 25 tech IPOs (2020–2025) found only 36% delivered long-term alpha. IPO gains were often short-lived, with post-IPO investors faring worse. Pre-IPO results varied sharply, and retail-driven listings underperformed. CA urges focus on profitability, governance, and scalability over hype.
Radhika Gupta hails move back to India as ‘best decision’ on Independence Day
Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, celebrated India's Independence Day. She recalled her return to India in 2009. Despite warnings of lost opportunities in the US, she chose India. Gupta believed in India's potential for growth and impact. She expressed gratitude for the opportunities she received.
AMFI leads economic transformation with 3 decades of building an investor-first India
AMFI’s 30-year journey reflects India’s economic transformation, from UTI’s monopoly era to a ₹75 trillion AUM industry today, driven by SIPs, regulation, awareness, and growing retail participation, supporting PM Modi’s Viksit Bharat 2047 vision.
Clarity on global tariffs key to Tata Motors’ long-term valuation: Ashi Anand
Ime Capital's Ashi Anand highlights the strong performance of new-age digital platforms like Paytm. These companies are exceeding profitability expectations. Quick-commerce losses are peaking faster than anticipated. Zomato's results have been positive. Anand also discusses Tata Motors, noting the strength of its domestic business. However, JLR faces challenges due to tariffs and competition.
F&O Talk| Nifty breaks 6-week losing streak, reclaims 24,600 but struggles for momentum: Sudeep Shah
Nifty ended a six-week losing streak with a 1.1% gain, reclaiming 24,600, but still struggling for momentum, says Sudeep Shah of SBI Securities. Bank Nifty remains range-bound, while OI data points to consolidation. Select stocks like Muthoot Finance and Apollo Hospitals show bullish setups.
Q1 results trigger selloff in NSDL shares. Rs 1,150 could be last line of defence
NSDL shares have declined following its Q1 results, despite a rise in net profit and strong margins. Revenue drop and valuation concerns triggered profit-taking, with analysts noting crucial support levels. Technical indicators suggest potential for further consolidation, advising caution despite long-term growth prospects.
Sensex and Nifty ripe for a short-term rebound, says Jefferies, picks 8 stocks
Indian stocks may witness a short-lived rebound driven by robust domestic buying, strong September earnings, and easing trade tensions, though sustainability concerns remain.
Startup IPOs deliver only 36% long-term return for investors: Report
A Client Associates report reveals mixed outcomes for new-age tech IPO investors. Pre-IPO investments showed strong returns, averaging 43%, while IPO and post-IPO investors saw significantly lower gains, with only 36% and 32% profitability, respectively. The report cautions against hype-driven investments, emphasizing the importance of assessing business fundamentals to avoid substantial losses.
Ashok Leyland Q1 Results: Net profit jumps 13% to Rs 594 crore; revenue up 1.5%
Ashok Leyland posted a standalone net profit of Rs 593.73 crore for Q1 FY26, up 13% YoY, on revenue of Rs 8,724.51 crore, a 1.5% rise. Consolidated net profit attributable to owners rose 20% YoY to Rs 611.07 crore. The company saw record Q1 commercial vehicle volumes, improved margins, and strong contributions from core and export businesses.
We are AI-first: Paytm CEO outlines vision for tech-driven future of payments
Paytm founder and CEO Vijay Shekhar Sharma emphasised that company's focus on core payment operations and the continued strengthening of its business fundamentals have set the company on a path toward sustainable growth and profitability.
We are in a sell-on-rise market; accumulate Paytm and Nykaa for long-term gains: CA Rudramurthy BV
CA Rudramurthy BV suggests a sell-on-rise strategy until Bank Nifty surpasses 56,000 and Nifty reaches 24,800. He recommends long-term investors consider Paytm and Nykaa, citing favorable risk-reward ratios. Accumulate Paytm around current levels, targeting Rs 1,350-1,500, and Nykaa with a target of Rs 245-250 within six months to a year.
Two Trades for Today: An insurance aggregator for a 7.5% upmove, a mid-cap financial services platform for almost 7% rise
Technical analysis identifies select stocks that may gain momentum even in volatile markets. Here are the technical calls for today.
ETtech Explainer: How the rise in online payment frauds pushed NPCI to kill ‘pull’ transactions
A pull transaction, which goes by “collect” or “request money” on some apps, is initiated by the recipient, who sends a payment request. The payer receives a notification asking for approval of the payment. This feature has sometimes led to confusion or enabled manipulation.
4 Indian REITs post 13% YoY growth in distributions, top Rs 1,559 crore in Q1 FY26
India’s four listed REITs, Brookfield India, Embassy Office Parks, Mindspace Business Parks, and Nexus Select Trust, distributed Rs 1,559 crore in Q1 FY26, up 13% YoY, to 2.7 lakh unitholders. Their combined market cap crossed Rs 1 lakh crore, underscoring the segment’s strong growth and investor appeal.
'As desi as Tata and Maruti': Paytm is 100% Indian after Jack Ma's Ant Fin exits fintech
Paytm is now fully Indian-owned as Antfin completed its exit, selling its remaining stake. This shift follows exits by other major early backers like Alibaba and SoftBank. The company recently achieved its first profitable quarter, driven by revenue growth and new user features, marking a significant transition towards domestic control and innovation.
NMDC shares jump 2% after 23% YoY revenue growth, despite marginal PAT dip
NMDC shares experienced a rise of 2.5% following the announcement of robust first-quarter results for fiscal year 2026. Revenue saw a significant increase, driven by higher iron ore production and sales. While profit dipped slightly, operational performance was strong. The company holds substantial investments in various subsidiaries and joint ventures, both domestically and internationally.
Paytm cuts headcount by 10% in FY25
In FY24, the company reported an average of 43,960 active on-roll employees, inclusive of all subsidiaries. In FY25, the headcount decreased to 39,368 on-roll employees. Out of the 39,368 employees, 32,614 employees were engaged in sales. The company's employee costs (excluding its employee stock options expense) decreased 21% year on year by about Rs 651 crore to Rs 2,473 crore in the fiscal year ended March 2025, from Rs 3,124 crore in FY24.
Samvardhana Motherson International Q1 results: Cons PAT falls 40% YoY at Rs 871 crore, revenue rises 3%
Samvardhana Motherson’s Q1 FY26 profit fell 39.7% YoY to ₹872 crore despite a 3% revenue rise. Lower margins stemmed from European challenges, start-up costs, and integration expenses, though US tariff impact remains minimal.
Market Wrap: Indian stocks rise on Fed rate cut hopes, cooling domestic inflation; Sensex gains 304 points, Nifty tops 24,600
Stock Market Highlights: India’s benchmark indexes closed in the green on Wednesday, led by gains in auto and financial stocks, as softer U.S. retail inflation bolstered bets on a Federal Reserve rate cut in September and signs of easing domestic price pressures lifted investor sentiment.
