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Currency Ban: Restaurateurs say bringing home the bacon tough only for short time

The landmark move by the Modi Government to demonetize high-value currency notes to stamp out black money is expected to mark a short-time dent in the income of the restaurateurs. Many restaurant owners have accepted that they are already witnessing...

Paytm adding million-plus customers each day: Founder

The Government's decision to demonetize Rs 500 and Rs 1,000 rupee notes has changed the market dynamics for Paytm, which is adding million-plus subscribers a day, says the company's founder Vijay Shekhar Sharma. "Not just this, what we are more...

Paytm goes multilingual; expects 80 pc growth in business

India’s largest mobile payments and commerce platform, Paytm is set to unveil its multilingual interface to enable millions of Indians to overcome language barriers and pay and shop in their preferred regional language. Starting today, Paytm’s user interface on Android...

Paytm hits record 5 mn transactions a day; app crosses 50 mn downloads

India’s largest mobile payments and commerce platform, Paytm has announced that it has touched a record number of payment transactions. Led by unprecedented growth in offline payments, Paytm has touched a record 5 million transactions a day and is...

Paytm acquires app-based fashion commerce startup Shopsity to strengthen offline seller network

E-commerce and payments platform Paytm has acquired app-based, hyperlocal, fashion commerce startup Shopsity. Post the acquisition, Shopsity co-founders Danish Ahmed and Gaurav Arya will join Paytm’s management and will work towards strengthening Paytm’s offline seller network. The move on Paytm’s part...

Note Ban: Cinepolis announces exciting offers on cashless transactions

India's first international movie theatre chain Cinepolis is taking measures to welcome demonetization that is in line with achieving a cashless economy. According to a ANI report: To provide respite from the queue woes, the world class exhibition house has...

Paytm cashes in on currency ban, introduces Nearby feature in app

As part of its ongoing mission of helping India go cashless, Paytm, India’s largest mobile payments and commerce platform, has introduced the ‘Nearby’ feature on its platform. This will enable Paytm customers to get information about their nearest Paytm...

Paytm to hire 10K ground workers to expand its offline merchant network

India’s largest mobile payments and commerce platform, Paytm is looking to hire over 10,000 Paytm agents as it seeks to aggressively expand its offline merchant network to over 20 lakh touch-points by the end of the current fiscal year. “As...

Paytm sees 435 pc increase in traffic post PM’s announcement

India’s largest mobile payment and commerce platform, Paytm is registering massive growth across India within hours of the Honorable Prime Minister Narendra Modi announcing his plans to have a corruption-free India. The Paytm platform saw an overwhelming 435 per cent increase in overall...

Mobile wallet companies laud PM's decision, expect spike in digital payments

While the common man is in a state of shock following Prime Minister Narendra Modi’s revolutionary move to demonetize Rs 500 and Rs 1,000 notes in his fight against black money, mobile wallet companies including Paytm, Mobikwik, Freecharge have lauded...
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Govt asks retailers to cut profit margins on pulses; pass on lower wholesale rates

The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players.New Delhi: The...
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