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Paytm shares jump 5% on receiving govt’s nod for investment in Paytm Payments Services

The company will reapply for a payment aggregator (PA) licence, a regulatory filing said on WednesdayNew Delhi: Shares of fintech firm One97 Communications -- the owner of the Paytm brand -- jumped 5% on Thursday morning after the company...

PayU gets RBI’s in-principle nod to operate as payment aggregator

PayU can now onboard new merchants to provide them digital payment servicesNew Delhi: Fintech firm PayU has received an in-principle approval from the Reserve Bank to operate as a payment aggregator, the company said on Wednesday.In January 2023, RBI...

Govt examining FDI flow from China in Paytm Payments Service

One97 Communications Ltd (OCL) has an investment from Chinese firm Ant Group CoNew Delhi: The government is examining foreign direct investment from China in Paytm Payments Services Ltd (PPSL), the payment aggregator subsidiary of One97 Communications Ltd, sources said.In...
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Cinema chain MovieMax to reach 100 screens by FY26

The company will focus on increasing its footprint in South India and tier 2 and 3 cities Bengaluru: Mumbai-based cinema chain...
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