One 97 Communications Ltd - 543396 - Corporate Action-Buy back
Outcome of Board Meeting - Buyback of equity shares of One 97 Communications Limited13-12-2022
13-12-2022
One 97 Communications Ltd - 543396 - Board Meeting Outcome for Outcome Of Board Meeting - Buyback Of Equity Shares Of One 97 Communications Limited
Outcome of Board Meeting - Buyback of equity shares of One 97 Communications Limited13-12-2022
Paytm's Share Buyback Plan After 75% Value Plunge Draws Skepticism
Paytm's plan to buy back shares has left investors surprised and worried about the loss-making Indian fintech firms growth prospects as it uses funds to prop-up its hammered stock.13-12-2022
Paytm's share buyback plan draws skepticism over growth prospects
While a buyback could help stem the rout in Paytm shares at least temporarily, investors are questioning the attempt to manage the stock price rather than putting the cash to use for business13-12-2022
Will Paytm buyback clear clouds on looming concerns? Here's what experts say
Paytm's management believes that given the company's prevailing liquidity/financial position, a buyback may be beneficial for its shareholders, as per the filing.12-12-2022
One 97 Communications Ltd - 543396 - Update On The Operating Performance
Update on the operating performance of the Company12-12-2022
Ashneer Grover has 'deep respect' for 'fierce competitor' Paytm's CEO. Read why
Ashneer had earlier sent an autographed copy of his book to Vijay Shekhar. The latter after reading it, sent a message thanking Grover and calling him a 'bullshit buster of our time'.11-12-2022
Paytm can't use IPO proceeds for buyback; co's strong liquidity to be used
One 97 Communications Ltd, the operator of India's largest digital payments provider Paytm, cannot use proceeds of its mega initial public offering (IPO) for the proposed repurchase of its own shares, as rules prohibit such a move, sources said, adding the firm will use its strong liquidity for the purpose. Paytm has a liquidity of Rs 9,182 crore, as per its last earnings report. The company's board is scheduled to meet on December 13 to consider a share buyback proposal. "The management believes that given the company's prevailing liquidity/ financial position, a buyback may be beneficial for our shareholders," it had stated in an exchange filing on Thursday. After a much-watched listing late last year, the stock is down 60 per cent in 2022 amid a global tech selloff and questions swirl around the firm's profitability, competition and costs related to marketing and employee stock options. Sources said regulations prevent any company from using IPO proceeds for a share buyback. Pa11-12-2022
'Bought 1kg gobi via #Paytm:' Paytm's Vijay Shekhar Sharma reacts to this user
A Twitter user said, "Just bought 1kg gobi and made the payment via #Paytm. I have been living in Germany for past 11 years, never have I ever experienced such an ease of payment."09-12-2022
Paytm CEO shares photo of torn seat in this airline; netizens echo his sentiment
"First ever torn seat seen in this airline," he said in a tweet.09-12-2022