In response to Mint’s queries, the company said its app facilitates the purchase and sale of gold as a commercial transaction. It added that, with customer consent, the gold is stored with Brinks, a third-party vaulting firm, and is independently audited and insured. Customers can sell, redeem, seek physical delivery, or convert the gold into…
Paytm CEO Vijay Shekhar Sharma responded to Helios Capital founder Samir Arora’s post praising Abu Dhabi’s tourism administration for its management of the Middle East conflict. According to a notice shared by Arora, amid the ongoing conflict between the US, Israel, and Iran in the Middle East, Abu Dhabi’s Department of Culture and Tourism has…
Global broking firm Macquarie has raised key concerns about ESOP costs and revenue concentration for PhonePe ahead of its IPO. In its recent report, Macquarie highlighted that PhonePe’s high Employee Stock Ownership Plan (ESOP) expenses are a significant drag on its EBITDA margins. ESOP costs accounted for 46% of PhonePe’s revenue during the first half…
Paytm chief Vijay Shekhar Sharma on Monday met Dario Amodei, the head of AI research firm Anthropic, and expressed his gratitude for what he described as ‘candid conversations’. “With the man who build the fastest growing company ever! Thanks Dario Amodei for candid conversations,” Sharma wrote in an X (formerly Twitter) post, along with sharing…
Paytm Share Price: Shares of financial services technology platform Paytm’s parent company one 97 Communications fell 4% to Rs 1,117 on the BSE on Friday, even as the company reported strong third quarter results. Paytm reported a consolidated net profit of Rs 225 crore, which is much better than the loss of Rs 208 crore…
The equity shares of One 97 Communications, the parent company of Paytm, crashed 10% on Friday, resuming its downward trend, amid heavy selling pressure. Paytm shares declined as much as 9.99% to ₹1,134.85 a piece on the BSE. Paytm stock price has fallen in four out of the last five trading sessions. The sharp fall…
Stocks to BUY 23 December 2025: ET NOW Swadesh’s panelists and market experts have shared their views on trading opportunities in the current market… highlights Indian equity benchmark indices continued their gains for the second consecutive session on Monday, December 22, with Sensex and Nifty rising about 1 per cent each. Market experts have shared…
