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Softbank exits Paytm at loss of around $150 mn

Japan's Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around $150 million, sources aware of the development said. Photograph: Toru Hanai/Reuters......

Unlisted Shares Market Is Buzzing

The dealers operating in the space have jumped nearly three times over the past two years. Illustration: Dominic Xavier/Rediff.com   On May 10, after a typical workday, three young colleagues......

Paytm net loss widens to Rs 550 crore in Q4

Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter of the financial year 2023-24 has widened to Rs 550 crore following the ban imposed......

The RBI Way Of Firefighting

Why is the RBI harsh on Paytm Payments Bank?Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that......

What PhonePe did differently from Paytm

'We went from zero to about 10 million users in three months. Paytm came out with the wallet play and we came out with the UPI play.' IMAGE: Kindly note the image has been posted only for......

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