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.
The stage is set for the high-stakes civic polls in Delhi on Sunday, with poll authorities and security forces all geared up for the elections, largely being seen as a three-way contest among the Aam Aadmi Party, the Bharatiya Janata Party and the Congress.
There is a school of thought that Dhawan should be given at least the last six ODIs in January against Sri Lanka and New Zealand and then the call should be taken, before the Australia ODIs at the end of March.
After 2020 and 2021 saw movies either been made for the OTT channels or releasing straight in the digital medium, 2022 too saw films arriving directly on OTT screens.
Rishabh Pant's brute power will be put to test against Rashid Khan's bagful of tricks in an IPL encounter where Delhi Capitals will start as favourites against SunRisers Hyderabad due to their better bowling resources.
'Ishan is a floater, he can open the innings. He bats regularly in the middle order in domestic cricket and he is brilliant against the spinners. Importantly, it is important to have a left-hander in your team who is explosive, because he can take on the leg-spinners.'
India displayed its military might and vibrant cultural heritage on Rajpath on Wednesday with the grandest flypast with 75 aircraft to mark the 'Azadi ka Amrut Mahotsav' celebrations being the highlight of the 73rd Republic Day Parade, which was drastically scaled down in view of the Covid pandemic.
Gujarat Titans, the team to beat in its debut IPL season, will aim to build on a dream start against an inconsistent Sunrisers Hyderabad, in Navi Mumbai, on Monday.
A round-up of the first day's play in the Ranji Trophy matches across the country, on Tuesday.
If Kolkata Knight Riders beat Rajasthan Royals on Thursday, then Mumbai Indians may find it very difficult to qualify for the play-offs even if they beat Sunrisers Hyderabad in their final league match.
Football Delhi president Shaji Prabhakaran, who had filed the nomination papers for the president's post when the polls were to be held under the aegis of the Supreme Court-appointed Committee of Administrators (CoA) on August 28, decided not to stand for elections this time.
Paytm CEO Vijay Shekhar Sharma said on Wednesday that the company's share market performance has been in line with that of global peers in the sector over the past six months due to macroeconomic factors. "Macro factors like quantitative easing, free money due to US monetary policy and other parameters led to a spook in the market in terms of pricing the IPO. "Paytm's shares have received a similar response to that of global peers in the last six months...But that is not a complete reasoning.
Several MPs came to the Upper House wearing masks and demanded curtailment of the ongoing Budget session, which is due to end on April 3, in view of the novel coronavirus scare, but the government seemed unwilling.
Dhapola's feat did not miss the attention of the BCCI secretary Jay Shah who termed it as one of the finest bowling performances of the tournament.
Former Miss World Manushi Chillar, who apparently has a three-film contract with Yash Raj Films, is now shooting her second film for the production house.
This is his 'Test' and for Kohli, a century to mark a 'century' is something he would be craving
Virat Kohli was rested from the three-match T20I series against the West Indies.
There are so many patriotic songs that make us proud to be Indians.
In conversation with Deepsekhar Choudhury and Neha Alawadhi, Sharma speaks about his journey and the road ahead.
Alia Bhatt, animated treats, action masala and comic book adaptations, OTT is quite the goodie bag this week.
Rohit Sharma and Hanuma Vihari will battle for a place in the Indian team for the first Test.
Paytm will cross 100 million wallets ahead of its self-determined deadline of 2015-end. It currently has 66 million.
Shaw continued from his unbeaten 240 from overnight and brought up his triple ton.
Abhinav Mukund (84) and Baba Aparajith (87) shone as Tamil Nadu thrashed Tripura by 187 runs
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Ahead of Saturday's event, here's a lowdown of ready references for the auction.
Digital payments firm Paytm is expected to seek shareholders' approval to raise up to Rs 16,600 crore through an initial share sale, giving it a valuation of over Rs 1.78 lakh crore, according to a source. The extraordinary general meeting of Paytm is scheduled for July 12 in which the company may seek approval to raise up to Rs 12,000 crore through issuance of fresh equity. Another Rs 4,600 crore is expected to be raised from the sale of equity shares by existing and eligible shareholders, according to the source.
Two Al-Badr terrorists, responsible for the recent attacks on migrant labourers in Kashmir, were killed in an overnight encounter with security forces in Pulwama district, the police said on Thursday.
Saikhom Mirabai Chanu says the triumph did not just lessen the pain of her Olympic failure but also ensured that missing her elder sister's wedding was not for nothing.
Joginder Tuteja lists the movies you can watch on OTT platforms soon.
Karan Johar hosted a party for singing sensation Katy Perry in Mumbai recently.
Washington will join Axar and KL Rahul at the National Cricket Academy (NCA) for rehabilitation.
The likes of skipper Hardik Pandya, David Miller, Rahul Tewatia and Rashid Khan, who had produced stellar performances and played a key role in GT's success so far, have floundered against Punjab.
Gujarat are clearly the team to beat in the competition having won eight out of nine games.
It has also been decided to make heavy deployment of forces in some pockets of Kanpur ahead of Friday prayers, police said.
The turmoil, if you read the headlines, is about the so-called funding winter. Deep down, though, the question is one of the common direction in which founders and investors need to pull, points out Suveen Sinha.
Uttar Pradesh comfortably beat Delhi by 46 runs to reach Hazare semi-final.
Rajneesh Gupta lists all the important numbers from day two of the Oval Test.
The family members of 26 people from Madhya Pradesh, who were killed in the Uttarakhand accident, cannot believe that the pilgrimage met with a tragic end.
The only loss that table toppers Gujarat Titans suffered in IPL 2022 so far was against Sunrisers Hyderabad in their first round clash.
