Thursday, 26 May, 2022
TopicVijay Shekhar Sharma

Topic: Vijay Shekhar Sharma

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 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.

Harsh Goenka shares video of Paytm CEO dancing ‘after SEBI approves IPO’, but it’s 3 years old

The video shared by industrialist Goenka had been uploaded on YouTube by a user in 2018. It shows Vijay Shekhar Sharma dancing with Paytm employees.

Paytm forms Rs 10-crore investment fund for new mini app store to take on Google

Paytm’s mini-app store, launched 5 October, seeks to break Google Play’s dominance in app distribution on the Android ecosystem.

Paytm back on Google Play Store hours after being pulled down for policy violation

Paytm founder Vijay Shekhar Sharma tweeted that a UPI cashback offer led to the suspension of the app and asked 'India to decide' if giving cashback is gambling.

Paytm close to $2 billion war chest from Jack Ma’s Ant Financial, SoftBank, other investors

Paytm founder Vijay Shekhar Sharma is raising capital to protect his digital payments company from new entrants like Facebook, Google and Walmart's PhonePe.

Indian company, not Chinese, can dominate global payments: Paytm’s Vijay Shekhar Sharma

‘India’s payments leader will build a low-cost, highly scalable model in an extremely competitive environment. The winner here can go win anywhere.’

Vijay Shekhar Sharma and the case of really incompetent blackmailers

Paytm’s founder Vijay Shekhar Sharma was allegedly targeted by one of his most trusted lieutenants for millions in ransom.

On Camera

YourTurn

US President Joe Biden speaks in the East Room of the White House in Washington, D.C., on 16 August 2021. Biden defended his decision to withdraw US troops from Afghanistan | Samuel Corum | Bloomberg

US blames failure to shut Pakistan border for Afghan defeat. India, please take note

The US could have used its coercive resources to compel Pakistan to shut down the Taliban’s transborder sanctuaries. It chose not to—costing its victory.
Vendors at a store selling edible oils at Begum Bazaar in Hyderabad, India| Photographer: Dhiraj Singh/Bloomberg

Modi govt to allow duty-free import of soybean, sunflower oil, cool surging prices

The government will permit purchases of 2 million tons each of the two vegetable oils per annum this fiscal year and the next, according to a notification by the finance ministry.

Defence

Naval helicopters | Representational image | indiannavy.nic.in

What’s Combined Military Forces-Bahrain? US-backed coalition India joined on Quad sidelines

India is 35th member of the maritime counterterrorism partnership that also includes Pakistan, Australia, Bahrain, Denmark, Egypt, France, Germany and Greece, among others.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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