According to its DRHP filed in 2010, the company's net worth was just Rs 140 crore. Its total income for the financial year 2009-10 stood at Rs 119 crore and it had a net profit of Rs 16 crore. In sharp contrast, at the end of March 2021, Paytm's networth was Rs 6,535 crore and total income stood at Rs 3,187 crore.
Paytm will look to raise up to $1.5 billion as part of primary share sale, leading up to its initial public offering (IPO), which is planned for November, a person familiar with the developments said. The company is looking to file its draft red herring prospectus (DRHP) by July, according to sources. According to this person, though the details of the listing are being worked out, Paytm may take the qualified institutional buyer (QIB) route to list and issue fresh equity to raise funds.
The newly weds are setting new fashion goals.
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Haal-E-Dil doesn't impress. Average performances, bad music and terrible director make this film a disaster.
Deepa Gahlot picks the top 10 Karan Johar films -- some that he directed and others that he produced or co-produced -- that you can watch on steaming platforms.
Adille Sumariwalla was re-elected unopposed as the president of Athletics Federation of India (AFI) for a second term at its Annual General Body Meeting in New Delhi on Friday.
The fire broke out in a flat on the 20th floor.
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The mispronunciation outraged a large number of Harris' supporters and her spokesperson Sabrina Singh said, "I'll keep it simple: If you can pronounce 'former' Senator David Perdue, you can pronounce 'future' Vice President Kamala Harris."
Jailed Rashtriya Janata Dal chief Lalu Prasad and Janata Dal-United leader Jagdish Sharma have been disqualified as Lok Sabha members following their conviction in the fodder scam.
Increasing the duties on auto parts and putting an additional cess on petrol and diesel could drive up costs of vehicles, specially where volumes are low and localisation is not viable.
The main opposition party alleged "trampling" of democracy by the BJP-led government which hit back by reminding that Congress had "butchered" democracy by misusing Article 356 about 100 times.
Political stalwarts Murli Manohar Joshi, Sharad Pawar and former Lok Sabha speaker P A Sangma, cricketer Virat Kohli and Carnatic musician K J Yesudas were among the 89 people who were selected for this year's Padma awards.
