Paytm founder Vijay Shekhar Sharma has pledged personal funds, ranging from Rs 1 crore to Rs 2 crore, to Indian entrepreneurs developing their own artificial intelligence models. This initiative aims to foster indigenous AI capabilities and reduce reliance on foreign models, echoing Sharma's past success in mobile payments.
Fintech firm One97 Communications' managing director and chief executive officer Vijay Shekhar Sharma has voluntarily surrendered 2.1 crore shares worth about Rs 1,800 crore, as per a regulatory filing and share closing price of the company.
Vijay Shekhar Sharma has stepped down as part-time non-executive Chairman of Paytm Payments Bank Limited (PPBL), and the board of the bank has been reconstituted. The Reserve Bank has barred the PPBL from accepting deposits and credits from any customer post-March 15 for persistent non-compliances and continued material supervisory concerns in the bank. PPBL has reconstituted its Board of Directors with the appointment of Ex-Central Bank of India chairman Srinivasan Sridhar, retired IAS officer Debendranath Sarangi, former executive director of Bank of Baroda Ashok Kumar Garg, and former IAS officer Rajni Sekhri Sibal, Paytm said in a regulatory filing on Monday.
Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.
The BJP has announced eight candidates, including minister Dharam Pal Singh, for the upcoming Rajya Sabha elections in Uttar Pradesh. These elections, scheduled for October 16, will fill 10 seats from Uttar Pradesh, one from Uttarakhand, and a bypoll in West Bengal, with several prominent members retiring.
The Gauhati High Court has granted bail to suspended Assam Police DSP Sandipon Garg, an accused in the mysterious death case of singer Zubeen Garg. Garg, charged with culpable homicide not amounting to murder, is expected to be released after the Durga Puja holidays. This follows earlier bail grants to other accused in the high-profile case, even as investigations continue despite conflicting findings from Singaporean authorities.
The Gauhati High Court has granted bail to singer Amrit Prabha Mahanta, an accused in the Zubeen Garg death case, against a bond of Rs 50,000. Special Public Prosecutor Ziaul Kamar stated that the grounds for bail are not yet known, but the court deemed it a fit case. The prosecution, which presented arguments for several days, cannot challenge the order but will inform the government. Mahanta is currently lodged in Haflong jail, while other accused are in Tamulpur jail. The case involves the mysterious death of singer Zubeen Garg in Singapore last year, with conflicting findings from Singapore Police and Assam authorities, who maintain it was a murder.
The Election Commission has announced elections for 12 Rajya Sabha seats across Uttar Pradesh, Uttarakhand, and West Bengal on October 16. The BJP is expected to retain eight seats in UP and gain one in West Bengal, increasing its overall strength. The Samajwadi Party is also likely to gain one seat in UP, while Mayawati's BSP faces the prospect of losing its representation in Parliament.
The Election Commission has announced that elections for 12 Rajya Sabha seats across Uttar Pradesh, Uttarakhand, and West Bengal will take place on October 16. This includes 10 seats from Uttar Pradesh, one from Uttarakhand, and a bypoll in West Bengal, with significant implications for party representation, particularly for the BJP and BSP.
Digital financial services firm One97 Communications' Managing Director Vijay Shekhar Sharma has purchased 1.7 lakh shares of the company worth Rs 11 crore, according to a regulatory filing.
The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL) following the Reserve Bank of India's cancellation of its banking licence due to non-compliance and concerns over depositor interests.
Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.
The Lucknow bench of the Allahabad High Court has dismissed a writ petition challenging Congress leader Rahul Gandhi's Indian citizenship. The petitioners failed to provide concrete evidence to support their claim that Gandhi is a British citizen, leading to the withdrawal of the plea.
'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'
'Storytelling will never change.' 'As long as storytelling can be unpredictable... AI cannot tell you an unpredictable story.'
The Indian government has issued a notice to Meta regarding WhatsApp's upcoming username feature, warning the platform not to roll it out until concerns about potential fraud, impersonation, and public safety are addressed to the government's satisfaction.
Diljit Dosanjh encouraged fans to share pirated copies of Satluj, stating the work belongs to the people.
Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.
The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank, citing that the bank's affairs were conducted in a manner detrimental to the interests of the bank and its depositors, and its management was prejudicial to public interest.
The once promising YRF Spy Universe, which delivered Bollywood's first Rs 500 crore grosser with Pathaan, is now grappling with an uncertain future as recent releases like Alpha and War 2 fail to ignite the box office.
Not only is Samay Raina going the Kapil Sharma route by bringing celebrities as special guests on his show -- which also means he has to be careful that his jokes don't land them in trouble as well -- but he also has to promote sponsors blatantly, observes Sreeju Sudhakaran.
Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.
The Gauhati High Court has rejected bail for Shyamkanu Mahanta, the prime accused in the Zubeen Garg death case, citing risks of fleeing and tampering with evidence.
It's going to be a busy month on OTT as several series and original movies get ready for release. June's OTT guide also includes quite a few digital premieres of theatrical releases.
Amidst the INDIA bloc conclave in Delhi, a significant number of Trinamool Congress MPs convened a closed-door meeting, signalling a deepening internal rebellion and discontent within the party's parliamentary ranks following recent electoral setbacks.
A special fast-track court in Guwahati has reserved its order on the bail application of Shyamkanu Mahanta, a key accused in the Zubeen Garg death case, with the decision expected on April 30.
A special court in Assam has rejected the bail petition of Shyamkanu Mahanta, the prime accused in the death of singer Zubeen Garg, citing a risk of him fleeing the country.
The bail application of Shyamkanu Mahanta, a key accused in singer Zubeen Garg's death case, was heard by the Special Fast Track court in Guwahati, with the prosecution opposing it due to discrepancies in his statements and evidence related to alcohol supply to the late singer.
The fast-track Sessions Court established for the Zubeen Garg death case has commenced its first hearing, with submissions made on behalf of one of the accused. The court is expediting proceedings to deliver justice in the case.
As Riteish Deshmukh turns director again with Raja Shivaji, we look at past actors who stepped behind the camera and delivered some of Hindi cinema's most memorable films.
Glimpses of Vijay Shekhar Sharma's joy during the IPO listing ceremony on the BSE.
Explore a curated list of 10 Indian films that masterfully condense their narratives into a single day, showcasing how limited timelines can enhance storytelling and character development, from thrillers like 'NH10' and 'Kaithi' to comedies like 'Taxi No 9211'.
The Gauhati High Court has established a fast-track court to expedite the trial proceedings in the Zubeen Garg death case, following the singer's death in Singapore. The court will be headed by Sharmila Bhuyan, and the decision aims to ensure timely justice.
Paytm (One 97 Communications Ltd), India's full-stack merchant payments leader serving MSMEs and enterprises, has launched a fully redesigned version of its flagship app, integrating artificial intelligence-driven features to streamline and personalise everyday transactions for its users.
Opposition parties question the Assam police's murder charges in the Zubeen Garg death case after a Singapore coroner ruled out foul play, while Chief Minister Himanta Biswa Sarma defends the state's investigation.
Opposition parties in Assam are questioning the state police's handling of the Zubeen Garg death case after a Singapore coroner ruled out foul play, contradicting the Assam police's murder charges against several accused. The conflicting findings have sparked controversy and calls for further investigation.
Mukesh Ambani has reclaimed his position as the richest Indian, overtaking Gautam Adani, according to the M3M Hurun India Rich List 2025 released on Wednesday. With a wealth of Rs. 9.55 lakh crore ($105 billion), the 68-year-old Reliance chairman returned to the top spot, while Adani, 63, and his family followed closely with Rs. 8.15 lakh crore.
The Assam government has requested the Gauhati High Court to establish a fast-track court to expedite the trial in the Zubeen Garg death case, a move welcomed by the singer's wife, who seeks stringent punishment for those responsible.
The Assam Cabinet has decided to request the Gauhati High Court to establish a fast-track court to expedite the trial in the Zubeen Garg death case, following a request from the singer's family.
As Arijit Singh announces his plans for retirement from playback singing, we look back at his most popular Hindi film songs.
