Communications Paytm News Today

The MSCI Global Standard Index and MSCI India Smallcap Index are expected to result in significant inflows due to adjustments that could surpass a couple of billion dollars on May 31st in the Indian equities markets. The weight of India in the MSCI Emerging Markets Index will rise from its current 18.3 percent to 19 percent.

Paytm: The Vijay Shekhar Sharma-led fintech major said the reports of Adani eyeing stake in the company are speculative and that the company is not engaged in any discussions in this regard.

Paytm share price today: Paytm said the reports are speculative and the company is not engaged in any discussions with the Adani Group.

New Delhi/IBNS: Both Adani Group and Paytm on Wednesday dismissed recent media reports claiming Gautam Adani was likely in talks with Vijay Shekhar Sharma, the founder chairman and managing director of Paytm's parent company One97 Communications, to acquire stake in the Indian fintech major.

One 97 Communications Results: The loss of fintech company One97 Communications (Paytm Results) has increased in the fourth quarter of the financial year

Grasim Industries, Sun Pharma, Power Grid Corporation, Paytm, Nykaa, Ashoka Buildcon, Dhanlaxmi Bank, GE Power India, Gland Pharma, GMM Pfaudler, HEG, Jubilant FoodWorks, New India Assurance Company, and Unichem Laboratories will announce their March quarter earnings on May 22.

In the last six months, shares of Paytm has declined about 60 per cent, while it is still down 81 per cent from its IPO price of Rs 2,150 apiece.

Retail investors hold 14.53 percent stake in Paytm, a jump from 12.85 percent previously, as mutual funds boost their holdings further to 6.15 percent

The recent shareholding pattern of One 97 Communications, Paytm's parent company, shows that domestic investors' holdings grew in the fourth quarter of FY24, driven by mutual funds and new FPIs buying the shares.

BSE was the top gainer in the Nifty500 index, soaring 521 percent, followed by IRFC and Suzlon Energy, which skyrocketed 462 percent and 444 percent, respectively.