Paytm

The board of One97 Communications Ltd, which operates the popular Paytm payments app, has established a committee under the leadership of N. Damodaran, the ex-chairman of India's securities market watchdog, to provide guidance on…

On the evening of January 31, the Reserve Bank of India (RBI) dealt a severe blow to Paytm Payments Bank, imposing stringent restrictions effective February 29. The unprecedented measure prohibits the bank from engaging in any banking…

Paytm's Parent Company, One97 Communications, Initiates Comprehensive Transition to Mitigate Regulatory ImpactFacing substantial regulatory constraints imposed by the central bank, Paytm's parent company, One97 Communications, has…

In a significant strategic shift, One 97 Communications, the parent company of Paytm, has undertaken a comprehensive cost-cutting initiative, leading to the layoff of over 1,000 employees across various departments. This strategic move,…