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Paytm eyes Rs 21,000 crore IPO this year: Report 6 hours ago Vijay Shekhar Sharma’s One97 Communications Ltd., the parent entity of Paytm, is looking to list on the stock exchanges sometime this year, Bloomberg reported. The company is looking to raise $3 billion or Rs 21,800 crore through the initial public offering (IPO). Quoting an anonymous source, the report said that the company plans to list its stocks on Indian exchanges around November and its offering could coincide with the Diwali festival season. Paytm’s investors include Berkshire Hathaway, SoftBank and the Ant Group. One97 c...

Un lot de 23 applications diffusées en toute confiance sur le Play Store est épinglé pour ne pas sécuriser les données p

Daily Digest Of Tech Policy News And Updates (May 10, 2021) 6 days ago Bringing you quick updates on the tech space, policy-making and digital rights from India and across the globe.  Bengal police pull down 500+ social media posts The West Bengal Police have removed 500 posts deleted from social media platforms in the last 4 days. These posts were allegedly spreading fake news concerning “post-poll violence in Bengal” and “Hindu genocide in Bengal”, the Times of India reported. The police found that three videos, which were circulating on social media alleging violence by members of...

January 18, 2021 Fake digital lending apps grabbed contact information, pictures and gained network access from their borrowers’ smartphones as part of their lending operations. As the government, regulators and investigative agencies crack down on fake digital lending apps and the Chinese nationals who were operating them, questions remain on how much data was stolen from unsuspecting customers. Without a data protection law in place, these apps and their operators have gotten away with troves of personal information belonging to borrowers. Several borrowers have committed suicide in the l...

Paytm hives off payment gateway business into separate entity January 18, 2021 Paytm has hived off its payment gateway business into a separate entity, Paytm Payments Gateway Service Pvt Ltd, and has infused ₹100 crore worth of equity capital into the new entity, Entrackr reported. Paytm Payments Gateway mainly caters to corporate or institutional clients and provides online gateway services, unlike Paytm’s other arms which are consumer facing. A senior official at Paytm confirmed the development to MediaNama but declined to comment. MediaNama could not independently verify the developmen...