One97 Communications

India’s Paytm has secured a vital license it needed to survive and maintain continuity of several core features of its eponymous payments app, a day before the firm’s banking unit…

Paytm secures license it needed to survive

Macquarie dramatically cut its 12-month price target on One97 Communications, the parent company of digital payments firm Paytm, citing risks of customers leaving the platform in the wake of heightened regulatory…

Macquarie cuts Paytm target on ‘serious risk of exodus of customers’

Berkshire Hathaway exited Paytm-parent firm One97 Communications Friday at a loss of about 40% on the high-profile investment it made more than five years ago. The Warren Buffett firm invested…

Warren Buffett’s Berkshire Hathaway exits Paytm at a 40% loss
Fintech

Paytm stock drops to record low

12:31 am PST • January 10, 2022

Shares of Paytm closed Monday at ₹1,157 ($15.6), the lowest since its market debut in November following the nation’s biggest-ever initial offering, after a key brokerage house further cut its…

Paytm stock drops to record low