Paytm layoffs: Amid crisis, company cutting several jobs across departments
Paytm layoffs have already begun two weeks ago and come as Paytm's Payment Bank has been barred by RBI from conducting several businesses.
Source: hindustantimes.com
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Paytm share price gains for 2nd straight session, jumps 10% after meeting with FM Nirmala Sitharaman
Paytm parent company One97 Communication's share price rose 10 percent, rising for 2nd straight session, amid reports that the firm's founder Vijay Shekhar Sharma met FM Nirmala Sitharaman to discuss the RBI's restrictions.
Source: livemint.com
Paytm crisis: Users struggle to switch primary accounts linked to PPBL on Paytm Money
Paytm Payment Bank account holders claimed to have been facing issues to change their bank accounts on brokerage platforms, who are said to be aggressively educating customers about the latest update to facilitate smooth transition
Source: moneycontrol.com
Sincerely committed to serving nation in full compliance, says Paytm CEO
Vijay Shekhar Sharma's reassurances, however, have failed to stem the slide in the Paytm stock, which was locked in a 20 percent lower circuit for the second day running
Source: moneycontrol.com
Paytm to delink from Payments Bank, will partner with others
India Business News: MUMBAI: One97 Communication (OCL), the parent company of Paytm brand, said it would disassociate from Paytm Payments Bank (PPBL) and partner with othe.
Source: indiatimes.com