Paytm founder and chief executive officer (CEO) Vijay Shekhar Sharma will receive his stock grants only after the company's market capitalisation (m-cap) stabilises at its initial public offering (IPO) level, the financial technology (fintech) major said on Wednesday. Paytm's stock price has been in free fall since its IPO at Rs 2,150 apiece, with m-cap at around Rs 1.4 trillion - plunging 76 per cent to a lifetime low of Rs 520 on March 23, when m-cap dropped below Rs 34,000 crore. Since then, the company's share price on the BSE has recovered some value and closed at Rs 637 on Wednesday.
Wickremesinghe is the first Sri Lankan president to be elected by Parliament following a vote.
In the last two months, these stocks have lost nearly a quarter of their market cap.
In the last two months, these stocks have lost nearly a quarter of their market cap.
Silver followed on the steps of gold as it gained 18% in 2007.
Global meltdown has triggered a panic. But it is a much-abused term. This downslide actually means investors should stay invested and await the turnaround.
The man known for his passion for spreading the Open Source community, believes that the real growth of Internet is happening, with an average two million new users joining everyday.
IndiGo barred a specially-abled child from boarding a flight as he was in "a state of panic"
Thousands of student activists from the Inter University Students Federation blocked the main access road to the parliamentary complex since Thursday and carried on protests for almost 24 hours.
Images from Day 3 of the first Test between India and New Zealand in Kanpur, on Saturday
West Indies were on the brink of a stunning victory over England at stumps on day three of the series-deciding third and final Test in Grenada on Saturday.
India has much to be proud of and celebrate. But there is also much that is wrong, much that looks dangerous. Employment, current account deficit, rural distress, agricultural productivity are all in deep crisis, points out Shekhar Gupta.
Sri Lanka's main Opposition party Samagi Jana Balawegaya (SJB) on Tuesday handed over to the parliamentary Speaker motions of no-confidence against the Sri Lanka Podujana Peramuna (SLPP) coalition government and embattled President Gotabaya Rajapaksa, even as the government announced the appointment of a cabinet sub-committee to look into the proposal for a new Constitution.
'I believe that the world is headed for the biggest health crisis ever because of the lack of transparency.'
The alloted hotel sites facing cancellation are at Anand Vihar, Mandavali, Vivek Vihar, Mayur Vihar and Alipur Road. DDA had auctioned 33 sites in the capital for construction of hotels keeping the forthcoming Commonwealth Games in mind.
At malls, the owners are facing problems to attract customers but at the same time the shopkeepers are expecting to generate good business in the coming days. Kishore Biyani-led Future Group that owns Big Bazaar, has seen good business because of its on-going festival - 'The Great Indian Shopping Festival' at the mall.
David H McCormick, under secretary for international affairs at the US Department of Treasury, said on Tuesday that in an era of global trade and investment both the US and Asia need each other to maintain strong economic growth. McCormick was speaking at the Asia Society on 'US-Asia Economic Relations -- the Next Chapter,'.
International traffic dropped by about 10 per cent and domestic traffic by about 24 per cent compared to the same period last year, predominantly as a result of the terror attack in the country's financial hub Mumbai, says Himanshu Singh, managing director, travelocity.co.in, an online portal.
Going by the adage 'necessity is the mother of invention', business process outsourcing knowledge process outsourcing units in Gujarat keep finding unique ways to cut cost amidst economic slowdown.
With endowment values and charitable gifts likely to decline, the process of setting next year's tuition fee low enough to keep students coming, but high enough to support operations, is trickier than ever, a media report said on Saturday. Dozens of college presidents, especially of wealthy institutions, have sent letters and e-mail to students and their families describing their financial situation and belt-tightening plans, the New York Times said.
By posing with folks at the baby store, the soon-to-be-daddy and the just-become-daddy inadvertently breached Cricket Australia's biosecurity norms, an official told the Sydney Morning Herald and The Age newspapers.
We should all use this opportunity to cleanse ourselves of the excesses and the sins of omission we have all been guilty of.
On her 72nd birthday on September 18, Sukanya Verma gives three cheers to the legend and lists 20 of her stellar performances.
In awe of the sensational Saurabh Chaudhary, former World championship silver-medallist shooter Jitu Rai feels the reticent youngster has it in him to humble one of the sport's all-time greats, South Korean Jin Jong-Oh, at the Tokyo Olympic Games.
The flows may stem and redemptions pressure increase following the market meltdown of Monday amid mounting cases of coronavirus infection globally.
Put in to bat, India's rejigged top order wilted in no time and the 2007 champions crawled to 110-7 in 20 overs in the Super 12 match. The below-par total was unlikely to test New Zealand's batting might and so it proved.
Shakib's anger got the better of him during his team Mohammedan Sporting's game against Abahani Limited
Runway 34 is a clumsy cocktail of Hollywood movies spiked with the Bollywood brand of God complex, sighs Sukanya Verma.
The freight rate for the very large crude carriers in the spot market has declined to an average $46,426 a day for the quarter ending December 31, about 21 per cent lower than the corresponding period of the previous year. In the same period, smaller crude carriers such as Suezmax rose by about 9 per cent to an average of $42,801 a day. Freight rate for Aframax, a carrier smaller than Suezmax, rose by 25 per cent to an average of $28,628 a day.
The story of Iceland is the story of life, notes Payal Singh Mohanka after a recent journey to that fascinating land.
On the Sensex chart, HDFC, L&T, SBI, Axis Bank, Bajaj FinServ and HDFC Bank were major laggards - dropping up to 2.62 per cent. NSE Nifty closed with a loss of 164.85 points at 15,080.75.
As we continue grappling with an irrepressible pandemic, music is both a refuge and source of comfort.
Shakib tendered an unconditional apology on his official Facebook page, but his act of trying to damage match property is as good as Level III offence.
In the excitement over the allocation of bank licences for the private sector, a new category of licence offered by the Reserve Bank of India (RBI) last year went almost unnoticed. That was when the RBI consolidated the rules for prepaid payment instruments (PPI), popularly understood as e-wallets or gift cards. In the process, the regulator has fast-forwarded a bottom-up card usage industry in India that is completely different from the world of bank-linked credit and debit cards.
One of the biggest advantages of index funds and ETFs is their low cost, points out Sarbajeet K Sen.
'The lessons learnt from the triple disaster have put Japan's energy future On the right path,' notes Dr Rajaram Panda.
Reaffirming the central role of the Group of 20 member nations in combatting and neutralising the impact of the global fiscal crisis, leaders of Brazil, Russia, India and China (BRIC) on Thursday said the grouping is the right forum for resolving the crisis.
If the government is able to deliver the promised projects, the large number of youth will be taken off the streets and that is not acceptable to the Pakistan army nor the terrorists hiding in Pakistan, notes Brigadier Narender Kumar (retd).
As far as Hindus are concerned, the eclipse of Wokeism cannot come any sooner, says Rajeev Srinivasan.
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