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Twitter to be turned into a bank: How Elon Musk plans on turning Twitter into a payment service like Paytm
News & Analysis

Twitter to be turned into a bank: How Elon Musk plans on turning Twitter into a payment service like Paytm

Elon Musk, who founded PayPal, plans to turn Twitter into a bank and payment service provider, just like India's Paytm.

How can you add a bank account in Paytm?
How To

How can you add a bank account in Paytm?

Paytm has a 14 percent market share of the digital payment space, according to a report from PhonePe and Boston Consulting Group (BCG).

Digital payment platform Paytm down for several users, finally resolves error
India

Digital payment platform Paytm down for several users, finally resolves error

Several users had reported glitches while making the transactions through the app on social media

Byju's allegedly owes ₹86.21 crore to BCCI, Paytm wants to exit as title sponsor
First Cricket News

Byju's allegedly owes ₹86.21 crore to BCCI, Paytm wants to exit as title sponsor

While Byju's has denied any amount due to the BCCI, Paytm has requested a transfer of the Title Rights to Mastercard.

Paytm users can now avail 'Book Now, Pay Later' option for IRCTC tickets; details here  
Business

Paytm users can now avail 'Book Now, Pay Later' option for IRCTC tickets; details here  

Paytm's parent company, One97 Communications Ltd, informed that Paytm Payments Services Limited has now introduced Paytm Postpaid for IRCTC customers.

Paytm founder Vijay Shekhar Sharma held in February for hitting South Delhi DCP's car, got bail
Business

Paytm founder Vijay Shekhar Sharma held in February for hitting South Delhi DCP's car, got bail

A Paytm spokesperson said the reports claiming the nature of the arrest are 'exaggerated'. Sharma was driving a luxury car that hit the car of the district commissioner of police (DCP) of South Delhi on 22 February

'Reveal age without revealing it': Twitter begins viral trend; celebrities, corporate heads join in
India

'Reveal age without revealing it': Twitter begins viral trend; celebrities, corporate heads join in

The idea behind this latest fad is to revisit one’s childhood and post something which only people of that particular generation will understand.

Republic Day sale: Are you planning to shop from Amazon or Flipkart? Use these apps for great cashbacks
Business

Republic Day sale: Are you planning to shop from Amazon or Flipkart? Use these apps for great cashbacks

Shopping through cashback apps from partnered merchants, you get additional rewards. You can transfer the cashback to your bank account or redeem it as vouchers

Digital payments: A look at how they work, the cost of your transaction and other questions answered
Business

Digital payments: A look at how they work, the cost of your transaction and other questions answered

Even though a transaction is mainly a debit and credit between two banks, there are many intermediaries that facilitate these transactions.

As 2021 comes to an end, from Paytm to Zomato, a look at the biggest IPOs this year
Business

As 2021 comes to an end, from Paytm to Zomato, a look at the biggest IPOs this year

From cosmetics company Nykaa to food delivery app Zomato, many well-known companies opened their public issue for subscription this year.

IT Minister asks bankers to create robust, digital platform for easy credit availability to small businesses
India

IT Minister asks bankers to create robust, digital platform for easy credit availability to small businesses

Speaking to reporters on the sidelines of the event, IT Minister Ashwini Vaishnav further said the idea was to ensure that easy credit at good terms, through a seamless process could be made available to micro and small industries, small businessesmen, street vendors among others

Paytm expects revenue, monetisation methods to expand in next few quarters: CEO
Business

Paytm expects revenue, monetisation methods to expand in next few quarters: CEO

Paytm had posted a loss of Rs 436.7 crore in the same quarter a year ago, according to an exchange filing

Paytm Q2 result: Loss widens to Rs 473 crore on account of hiked payment processing charges
Business

Paytm Q2 result: Loss widens to Rs 473 crore on account of hiked payment processing charges

Its consolidated total income increased by 49.6 percent to Rs 1,086.4 crore during the reported quarter from Rs 663.9 crore in the corresponding period of FY'21.

What happened to Paytm on listing day and what experts have said about it
Business

What happened to Paytm on listing day and what experts have said about it

The share prices of Paytm fell by 27.25 percent. While the issue price was Rs 2,150, it fell to Rs 1,564 by the time the markets closed.

Paytm IPO: Total subscription at 1.51 times on final bidding day, retail portion booked 2.13 times
Business

Paytm IPO: Total subscription at 1.51 times on final bidding day, retail portion booked 2.13 times

Retail investors subscribed 1.5 times to the IPO, and non-institutional subscribers put in bids for 17 percent against their reserved portion

Paytm's Rs 18,300-crore IPO opens today; here's all you need to know
Business

Paytm's Rs 18,300-crore IPO opens today; here's all you need to know

This is likely to be the biggest issue in India's history, breaking a decade-long record by Coal India Ltd, which raised over Rs 15,200 crore in its IPO

Paytm Rs 18,300-crore IPO subscription to open on 8 November
Business

Paytm Rs 18,300-crore IPO subscription to open on 8 November

The company has filed papers with markets regulator SEBI and is planning to get listed on 18 November

Paytm to launch FASTag-based parking service across country
Business

Paytm to launch FASTag-based parking service across country

Paytm Payments Bank became the first bank in the country to achieve the milestone of issuing one crore FASTags in June

Zomato IPO Day 3: Issue subscribed 38.25 times at the end of final day
Business

Zomato IPO Day 3: Issue subscribed 38.25 times at the end of final day

The company is going to use the funds from the Zomato IPO to fund its organic and inorganic growth initiatives