Ocl

Exclusive: Paytm gets in-principle approval from RBI to operate as payment aggregator

Exclusive: Paytm gets in-principle approval from RBI to operate as payment aggregator

12 Aug 2025, 20:46 PM

The approval comes barely a week after Ant Group's Antfin, backed by Chinese giant Alibaba, offloaded its entire 5.84% stake in Paytm.

Exclusive: Paytm’s payment aggregator unit fires all senior executives

Exclusive: Paytm’s payment aggregator unit fires all senior executives

04 Apr 2025, 15:08 PM

Nearly 10-15 senior executives—at the AVP, VP, and SVP levels—have been let go from Paytm Payments Services Limited, which is still awaiting its final PA licence from the RBI.

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

03 Mar 2025, 19:39 PM

An ED investigation reveals that OCL had made foreign investment in Singapore and did not file necessary reporting to RBI for creation of overseas step down subsidiary.

Paytm Q3 revenue dips 36% yoy, loss narrows to Rs 208.5 crore

Paytm Q3 revenue dips 36% yoy, loss narrows to Rs 208.5 crore

21 Jan 2025, 03:36 AM

Employee benefits - the largest cost centre - stood at Rs 756 crore, compared to Rs 1,187 crore reported in Q3 FY24.

Fintech Highlights

  1. Kissht files draft paper for IPO, eyes Rs 1,000 crore via fresh issue

  2. Weaver to raise $170 million from Lightspeed, Premji Invest, Gaja Capital

  3. Westbridge Capital-backed Credgenics acquires Arrise

  4. MobiKwik sues DAM Capital over Rs 42 crore IPO funds dispute

  5. RBI committee proposes AI framework for financial services sector
  6. Read more news...

AI/Emerging Tech

  1. Nvidia developing new, more powerful AI chip than H20 for China

  2. OpenAI launches new subscription plan in India at Rs 399 per month

  3. OpenAI employees looking to sell shares worth $6 billion to Softbank, others

  4. xAI co-founder Igor Babuschkin steps down to launch own venture

  5. Anthropic acquires team behind Humanloop
  6. Read more news...

Editor's Pick

  1. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  2. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained