Vijay Shekhar-sharma

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Vijay Shekhar-sharma - Total results - 78
Paytm Mall moves operations to Bengaluru; appoints Abhishek Rajan as chief operating officer
Business

Paytm Mall moves operations to Bengaluru; appoints Abhishek Rajan as chief operating officer

Paytm Mall (owned by Paytm Ecommerce Private Limited) on Monday said it has announced the appointment of Abhishek Rajan as the new Chief Operating Officer of the company

Industry leaders applaud Facebook-Jio deal; say India to be growth epicentre post-COVID crisis
Business

Industry leaders applaud Facebook-Jio deal; say India to be growth epicentre post-COVID crisis

Facebook's Rs 43,574 crore-investment in Jio Platforms earned accolades from industry leaders on Wednesday, even as some internet activists raised privacy concerns

Coronavirus Outbreak: India's top-level executives lead by example; donate entire salaries
Business

Coronavirus Outbreak: India's top-level executives lead by example; donate entire salaries

As the coronavirus pandemic continues to hit businesses and the global economy, Indian businesses have put its best foot forward to solve this crisis and has come together like never before

Paytm is looking at raising another round of $1 bn; former UK PM David Cameron may also invest
Business

Paytm is looking at raising another round of $1 bn; former UK PM David Cameron may also invest

Paytm had earlier this week announced a $1 billion (around Rs 7,173 crore) fund raise led by US-based asset management firm T Rowe Price

Paytm raises $1 bn from Japan’s SoftBank, China’s Ant Financial; plans to invest Rs 10,000 cr for expansion
Business

Paytm raises $1 bn from Japan’s SoftBank, China’s Ant Financial; plans to invest Rs 10,000 cr for expansion

When its rivals like Google Pay and PhonePe are spending massively on cashbacks, Paytm said it would use Rs 10,000 crore to add as many small merchants and businesses as possible into its fold.

Paytm founder Vijay Shekhar Sharma to take home Rs 3 cr in remuneration in current fiscal
Business

Paytm founder Vijay Shekhar Sharma to take home Rs 3 cr in remuneration in current fiscal

Paytm founder Vijay Shekhar Sharma will take home a remuneration of Rs 3 crore this fiscal, as per regulatory filings

Rana Kapoor in talks with Paytm's Vijay Shekhar Sharma to sell stake in Yes Bank for up to Rs 2,000 cr
Business

Rana Kapoor in talks with Paytm's Vijay Shekhar Sharma to sell stake in Yes Bank for up to Rs 2,000 cr

Rana Kapoor, 62, his family members, and the investment firms they control own a 9.64 percent stake in Yes Bank

Paytm valuation surges 25% to $15 billion in latest investment round; company aims to expand array of service offerings
Business

Paytm valuation surges 25% to $15 billion in latest investment round; company aims to expand array of service offerings

On 16 August, Paytm had said it would invest Rs 750 crore to approximately double its monthly active user base on mobile to 250 million by March 2020.

BCCI award Paytm sponsorship rights for international and domestic matches for next five years
First Cricket News

BCCI award Paytm sponsorship rights for international and domestic matches for next five years

The Board of Control for Cricket in India (BCCI) on Wednesday announced the deal with the Paytm, which had acquired the rights in 2015 for a four-year period.

Paytm elevates CFO Madhur Deora as president; to be responsible for company's consumer services business
Business

Paytm elevates CFO Madhur Deora as president; to be responsible for company's consumer services business

On 15 August, Paytm had said it would invest Rs 750 crore to approximately double its monthly active user base on mobile to 250 million by March 2020.

Corporate India remembers VG Siddhartha as a humble man; asks entrepreneurs not to be discouraged by failures
Business

Corporate India remembers VG Siddhartha as a humble man; asks entrepreneurs not to be discouraged by failures

Industry captains on Wednesday paid rich tributes to VG Siddhartha, founder of India's biggest coffee chain Cafe Coffee Day, remembering his entrepreneurial spirit and humble nature but also cautioned entrepreneurs not to let failures destroy their self-esteem

Narendra Modi's second term: Expect renewed vigour in economy with landmark reforms, says corporate India
Business

Narendra Modi's second term: Expect renewed vigour in economy with landmark reforms, says corporate India

The Prime Minister Narendra Modi-led government's new Cabinet will infuse renewed vigour in India's economy with landmark reforms on the back of a decisive mandate as the country aims to become a global economic powerhouse, India Inc said on Thursday

Paytm Payments Bank posts profit of Rs 19 cr in FY'19; turns profitable in second year of operation
Business

Paytm Payments Bank posts profit of Rs 19 cr in FY'19; turns profitable in second year of operation

Paytm Payments Bank Limited (PPB) on Thursday said it has turned profitable within its second year of operation, reporting a profit of Rs 19 crore for the financial year 2018-2019

Paytm probe reveals Rs 10 cr fraud; company de-lists hundreds of sellers, sacks many employees: Vijay Shekhar Sharma
Business

Paytm probe reveals Rs 10 cr fraud; company de-lists hundreds of sellers, sacks many employees: Vijay Shekhar Sharma

Paytm has unearthed an over Rs 10 crore fraud following a probe into a large percentage of cashbacks earned by small merchants, and de-listed hundreds of sellers apart from sacking many employees, its head Vijay Shekhar Sharma said on Tuesday

Paytm to raise $1.5-2 billion from existing investors SoftBank Vision Fund and Alibaba, total valuation to touch $16-18 bn
Business

Paytm to raise $1.5-2 billion from existing investors SoftBank Vision Fund and Alibaba, total valuation to touch $16-18 bn

Paytm's e-commerce affiliate Paytm Mall is also in talks with online marketplace eBay to raise around $150 million

Paytm extortion case: Noida court rejects former executive Sonia Dhawan's bail plea, says she committed 'serious crime'
Business

Paytm extortion case: Noida court rejects former executive Sonia Dhawan's bail plea, says she committed 'serious crime'

The court while rejecting Dhawan's bail application said that there is adequate evidence against the former Paytm executive and her active involvement in the crime has come to light.

Amazon begins doorstep verification of KYC services for e-wallet users; cost of operations to burn hole in firm's pocket
Business

Amazon begins doorstep verification of KYC services for e-wallet users; cost of operations to burn hole in firm's pocket

The Unique Identification Authority of India (UIDAI), the Aadhaar issuing authority had asked digital wallets and mutual funds registrars to stop using Aadhaar data

Paytm Payments Bank resumes KYC process for bank, wallet customers after nod from RBI
Business

Paytm Payments Bank resumes KYC process for bank, wallet customers after nod from RBI

Paytm Payments Bank Ltd in June last year was asked to stop adding new customers after an audit by the RBI that made some observations about the bank's KYC processes

Paytm Payments Bank posts Rs 20.7 cr net loss in FY18; total income grows at Rs 721.9 cr
Business

Paytm Payments Bank posts Rs 20.7 cr net loss in FY18; total income grows at Rs 721.9 cr

Paytm Founder Vijay Shekhar Sharma holds 51 percent share in Paytm Payments Bank, while the rest is held by One97 Communications.