Shekhar Bajaj, chairman and managing director of the firm, explains to Viveat Susan Pinto on what led to this sales jump, besides throwing light on the benefits accruing to the sector on account of the GST rate cuts in appliances.
Paytm, the country's leading fintech player which had to shut its payment bank business following regulatory action, is revisiting its business strategy including partnership with lenders. Also, the company's founder and chief executive officer (CEO) Vijay Shekhar Sharma has decided to oversee the day-to-day operations with all the major verticals reporting directly to him now. "The thing on top of everyone's agenda is getting the core businesses back on track," a person in the know said.
'With Mirzapur characters, you don't know what's going to happen -- mid season, first episode, last episode -- you could be taken out anytime.'
Shah Rukh Khan and Salman Khan visited Maharashtra Chief Minister Eknath Shinde's home to attend Ganpati pooja on Sunday.
'Here are 25 stories special to me for one reason too many,' says Sukanya Verma who scored 25 years writing about the movies last week.
Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.
'Just because the NDA has a majority and the BJP is the single largest party does not mean that this Modi government enjoys a majority in the Lok Sabha.' 'It is always possible that some members (of the NDA and even the BJP) may defect, some members may not want him to be the prime minister and they might vote differently (against Modi) in the confidence vote.'
The National Payments Corporation of India on Thursday granted approval to Paytm-owner One97 Communications Ltd to participate in UPI as a Third-Party Application Provider (TPAP) under the multi-bank model. Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm.
'They were very vocal on the defence of the Constitution, reservation, SC/ST Act and democratic rights.'
'The lack of a majority isn't the issue. He has enough in 240, especially as none of his allies can pull down his coalition.' 'That's why he's started as if this were just another, normal term. That pretence is vital for him.' 'The change for Modi 3.0 comes not from numbers, but from the new environment of contestation,' points out Shekhar Gupta.
May offers a mix of original Web series and digital movie premieres on OTT.
The BSP has not entered into any alliances and has also been keen to shed the tag of being a 'B-team' of the BJP.
A bullet grazed Aazad's abdomen when unidentified assailants opened fire at his car in Saharanpur district's Deoband where he had gone to attend a ritual at a supporter's home on Wednesday evening.
The Chinese financial giant, which had invested in One 97 Communications since 2015, has seen a sharp decline of 45 per cent, or Rs 2,125 crore, in its stake value since the Reserve Bank of India (RBI) took action against Paytm Payments Bank on January 31. One 97 shares closed at Rs 422.6 a share on Monday. The Chinese company, however, had sold its stake worth Rs 8,293 crore in three tranches over one year.
That he hasn't done so yet, has continued to be active on the political street, in public debate and on social media, signals an important change. It will give his party hope. Maybe the achievement of reducing Mr Modi well below the majority mark will now motivate him to stay committed, observes Shekhar Gupta
'Love will always be a mystery.' 'The day it stops being a mystery it won't exist.'
Kushwaha made the exasperated remark in reply to queries from journalists about Singh's relentless, and often personal, attacks on Chief Minister Nitish Kumar and Chandra Shekhar's uncharitable remarks about Ramcharitmanas which triggered a controversy.
Now, every state election -- first up, Maharashtra, Haryana and Jharkhand later this year, then Delhi in January and Bihar in September next year -- will be seen by his followers for evidence of his recovery, and by rivals of sharpening decline, points out Shekhar Gupta.
The Directorate of Enforcement (ED) has launched a preliminary investigation or a pre-open inquiry into alleged violations related to the Foreign Exchange Management Act (Fema) in the Paytm Payments Bank case, according to sources in the know. The probe follows serious concerns raised by the Reserve Bank of India on multiple violations by the Paytm bank, which is a joint venture between One97 Communications, which is the parent company of Paytm, and the group's founder Vijay Shekhar Sharma.
With the strain and anxiety of the longest Lok Sabha polls now behind the leaders, governance, with consensus, is the next step.
Shekhar is in Sydney. Urmila is in Jammu. Urvashi is in Paris...
Please promise, especially those millions who trust you with their hard-earned money, never to let your voting preferences determine your actions on the markets. The most appalling and scary phenomenon was fund houses and brokerages going out on election yatras and writing copious reports promising more than 300 for the BJP. That was your wish as voters. Your investors are paying for it now, points out Shekhar Gupta.
Occasional lovers' tiffs have marked the history of RSS-BJP relations. To think that Nagpur will bring about any change in leadership is a misreading of both its intent and its power, points out Shekhar Gupta.
It was raining stars at the wedding reception of Aamir Khan's only daughter Ira and Nupur Shikhare, as the proud father invited *everyone* from the film industry.
As many as 80-85 per cent Paytm wallet users will not face any disruption because of regulatory actions, and the remaining users have been advised to link their apps to other banks, RBI Governor Shaktikanta Das said on Wednesday. The Reserve Bank of India on January 31 barred Paytm Payments Bank Ltd (PPBL) from accepting deposits, credit transactions, or top-ups in any customer accounts.
A lot happened in the Bigg Boss house over the first weekend as Salman Khan hosted a dinner, played games with the contestants and welcomed the first celebrity guests on stage.
Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.
Another game to end through repetition of moves was between Gukesh and Gujrathi.
'There have been people who are the sons and the brothers of superstars, but they have not lasted more than one or two movies.'
A revealing excerpt from Mani Shankar Aiyar's fascinating new book, The Rajiv I Knew.
'Modi 3.0 will have more balanced policies like one saw in Modi's first term.'
A single bench of Justice Sanjay Dwivedi ordered the release of Pateria on a bail bond of Rs 1 lakh, his senior counsel and former MP advocate general Shashank Shekhar told PTI.
One97 Communications Ltd (OCL), the parent firm of fintech major Paytm, has denied reports about any investigation by the Enforcement Directorate (ED) into the company, its associates, and its founder and chief executive officer (CEO), Vijay Shekhar Sharma. The company, in an exchange filing on Sunday, said it had cooperated with the authorities when users or merchants on its platform were subject to enquiries in the past. "We would like to set the record straight and deny any involvement in anti-money laundering activities.
Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter of the financial year 2023-24 has widened to Rs 550 crore following the ban imposed by the RBI on transactions related to its payments bank. The company had posted a loss of Rs 167.5 crore in the same period a year ago, the company said in a regulatory filing. "Our fourth quarter FY24 results were impacted by temporary disruption on account of UPI transition etc. and permanent disruption because of the PPBL embargo.
Banda chief judicial magistrate Bhagwan Das Gupta appointed Garima Singh, additional chief judicial magistrate (MP-MLA Court Banda) as the investigating officer in the case, the official said.
Modi also alleged the opposition grouping will end the reservation given to SC, ST, OBC and give all of it to Muslims.
Priyanka's day out with Malti... Neha relaxes in Dubai... Sharmila enjoys an exhibition...
Saturday's voting will mark the end to the marathon polling process that began on April 19 month and has already covered 486 Lok Sabha seats in 28 states and Union territories.
Meet these Inspiring Lady Soldiers who made history this year.
