Topic: Paytm
Paytm receives first ‘buy’ rating after IPO flop
Dolat Capital Market, third brokerage to initiate coverage on Paytm, says its transition to a 'manufacturer' of financial services from an agent will help the digital payments firm.
Investors, analysts question Paytm CEO on way forward after turbulent market debut
One97 Communications, the parent of the digital payments giant, ended last week 17% below its offer price of Rs 2,150, after falling to as low as Rs 1,271 at one point.
Paytm’s tumultuous ride continues as stock sinks again ahead of earnings call
Ahead of the results Saturday, Paytm’s shares dropped as much as 7.7% in early trading Friday. The company's quarterly and half-yearly results will also be announced over the weekend.
BlackRock, Canada Pension bought more Paytm stocks after early tumble
Any sign that influential money managers like BlackRock are doubling down on Paytm may help ease concern about the sustainability of an Indian stock-market boom.
These IPOs are under extra scrutiny after Paytm’s disaster debut
Paytm shares have fallen about 30% since it started trading, with a slight rebound Tuesday. Planned smaller IPOs could have a harder time pricing shares now.
Paytm debacle casts shadow over IPOs for startups, dims stock market mood
At least some of the IPO prospects that have been looking to benefit from the flood of transactions may now rethink the timing and pricing of their issues.
Paytm shares tumble by another 13% after historic IPO flop
The drop has hit individual investors and global institutions such as BlackRock and the Canada Pension Plan Investment Board that had scooped up shares.
Paytm founder Vijay Shekhar Sharma compares himself to Elon Musk after shares plunge
Sharma encouraged employees to look past the initial stumble and to focus on the long-term opportunities for bringing digital payments to India's fast-growing internet population.
Paytm CEO’s fixation on delivering record IPO led to first-day flop
The company, with support from leading banks, pushed up both the price and the size of the stock offering to the breaking point.
Paytm shares crash 27% on first day of trading after historic IPO
Paytm shares sank to Rs 1,560.8 compared with the IPO price of Rs 2,150. Retail investors who piled into the offering are now sitting on heavy losses.
Vicky Kaushal and Katrina Kaif have pulled off the greatest Bollywood ‘heist’
How to be private people in a 24x7 online world? Vicky Kaushal and Katrina Kaif just pulled off an impossible feat.
Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?
Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.