One 97 Communications

China

China's Antfin offloads 4% stake in Paytm worth $246 million: report

13 May 2025, 14:10 PM

Antfin, which holds a 9.85% stake in One 97 Communications, has been steadily reducing its holding. In Aug 2023, it transferred around 44% of its Paytm stake to CEO Vijay Shekhar Sharma.

Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

08 May 2025, 15:49 PM

In FY25, revenue from payments services declined 37% yoy to Rs 3,879 crore; financial services revenue down 15% to Rs 1,703 crore.

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

04 Mar 2025, 17:05 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.

Fintech Highlights

  1. Paytm to become AI-first company: Vijay Shekhar Sharma

  2. Peak XV-backed Probo under ED lens: Rs 284 crore assets seized amid online betting allegations

  3. Go Digit gets High Court relief on Rs 170 crore GST demand for now

  4. Groww retains top spot in brokerage race despite dip in users

  5. PhonePe, Google Pay command 82% of UPI transaction volumes
  6. Read more highlights...

AI/Emerging Tech

  1. Ex-Intel CEO launches new AI benchmark focussed on human values

  2. Microsoft's BioEmu AI to advance drug discovery, says Satya Nadella

  3. Google rolls out photo-to-video feature in Gemini

  4. RealSense spins out from Intel; raises $50 million to drive next-gen AI vision in robotics

  5. Huawei eyes AI chip push in Middle East, Southeast Asia
  6. Read more highlights...

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  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case