Paytm’s CEO Vijay Shekhar faces biggest test: Investors to decide his future

Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of PayTM, at PayTM office, in Noida, India, on Friday, July 22, 2022. Photographer: Ruhani Kaur/Bloomberg (Bloomberg)

Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of PayTM, at PayTM office, in Noida, India, on Friday, July 22, 2022. Photographer: Ruhani Kaur/Bloomberg (Bloomberg)

1 min read . 10:57 AM ISTBloomberg

The fall in dollar issuances this year could be due to a sharp rise in dollar interest rates thus reducing the arbitrage with borrowing in India (REUTERS)

India’s dollar credit market faces its worst drought in 13 years

1 min read . 10:12 AM IST

For the past two weeks, the sale of crude oil produced in India attracted an additional duty of ₹17,750 per tonne. (REUTERS)

Centre cuts windfall tax on domestic crude

1 min read . 05:27 AM IST

Mint Premium

To employ the 9 million persons joining the labour force every year and absorb the 89 million backlog by 2047, we will need to generate some 12 million additional jobs every year. Photo: Mint

Premium

The Indian economy needs a radical reset

4 min read .04:11 AM IST

Illustration: Jayachandran

Premium

The untold story of ageism in India Inc

9 min read .04:12 AM IST

Data from the Ministry of Heavy Industries shows Okinawa recalled 3,215 units, Pure EV 2,000 units and Ola Electric 1,441 units. Photo: Reuters

Premium

Government may fine e-scooter makers for fires

3 min read .04:02 AM IST

by July, dairy companies had raised milk selling prices by 5-8% in a six-month window.

Premium

The mystery of milk price going up when WPI inflation is down

2 min read .04:00 AM IST

Three fundamental points about the RBI's consultation as proposed need attention. Photo: Mint

Premium

What the RBI misses about charges in payment systems

4 min read .03:59 AM IST

On the occasion of India’s 76th Independence Day, Prime Minister Narendra Modi expressed his desire to see India as a developed nation by 2047 (Photo: PTI)

Premium

The stories of the week gone by – in charts

3 min read .04:13 AM IST

Mutual funds are bullish on the prospects of banks and other financial businesses amid sustained credit growth despite rising interest rates.

Premium

Why mutual funds favour financial services but slash IT exposure

3 min read .04:04 AM IST

Bewakoof Brands founder Prabhkiran Singh. The company's fundraising ambitions have been hit by the ongoing ‘funding winter’ in the startup ecosystem.

Premium

Bewakoof's desperate bid to raise capital and stay afloat

1 min read .03:35 AM IST

Shares of Info Edge fell 6%, while those of Just Dial dropped 2.5% after their results announcement. Photo: Ramesh Pathania/Mint

Premium

Info Edge banks on naukri spurt

3 min read .04:04 AM IST

The company’s shares hit a 52-week low of ₹2,003.70 on 23 June 2022. From those levels, the stock has rallied 37% in just two months. Photo: Mint

Premium

Why JK Cement can’t rest on Q1 laurels

2 min read .04:06 AM IST

Closing a bank account is fairly easy if you don’t have any auto-debit mandates linked to the account. Photo: Mint

Premium

Things to do before closing a savings account

4 min read .04:07 AM IST

AlphaFold 2 has the potential to alter medical science the same way that antibiotics or vaccines did. Photo: HT

Premium

Why we aren’t wrong to be optimistic about technology

4 min read .04:10 AM IST

On financial inclusion, the article found that public sector banks account for the highest share of bank branches in rural areas, followed by semi-urban areas, in adherence to their commitment to the financial inclusion objective. (MINT)

RBI paper bats for gradual ceding of government control from banks

3 min read . 05:36 AM IST

Stock Market Today: Uncertainty over rate hikes prevail (Photo: Mint)

LIVE UPDATES

Stock Market LIVE: Sensex tanks 700 pts; Nifty below 17,800; Bank, Auto drag

20 min read . 01:59 PM IST

The move comes after professionals, and industry representatives raised concerns over instances of issuing summons to senior company leaders. mint

Tax officials will not summon CEOs, CMDs ‘routinely’

2 min read . 05:36 AM IST

he Ashok hotel in the diplomatic enclave of Chanakyapuri, New Delhi, has fallen into disrepair, losing much of its former sheen..

ITC, IHCL in fray to run ITDC’s The Ashok

4 min read . 05:35 AM IST

After the merger, the combined entity, PVR-Inox, will become the largest player in the film exhibition industry in India, eventually leading to them having a significant combined market share in most cities of the country, CUTS said.

Advocacy group writes to CCI against PVR- INOX merger

2 min read . Updated: 18 Aug 2022

RBI said that portfolio inflows had turned positive for India in August so far after a long hiatus, but it sounded cautious on the outlook of these fickle flows.

Indian inflation still elevated, may warrant policy response: RBI

1 min read . Updated: 18 Aug 2022

Fintech firms which sell various products such as app-based loans, now need to disclose the all-inclusive cost of digital loans to borrowers as per RBI's rule.

India aims to copy China, but not in lending-by-app craze

2 min read . 07:24 AM IST

Analysts say that the company’s heavy debt, coupled with 5G spectrum purchase commitments from recent auctions, would create additional challenges in terms of leverage. (Mint)

Challenges aplenty at Vi as Moondra takes over as CEO

1 min read . 05:50 AM IST

In Gadkari's view, electric automobiles are greatly cost-effective when compared to diesel ones. (Photo: PTI)

Gadkari suggests use of alternative fuels to curb crude oil, pollution

1 min read . Updated: 18 Aug 2022

From The Wall Street Journal

Co-Founder, Chief Executive Officer and Board Member of Verve Therapeutics

Ending bad cholesterol with a single injection—an oppor ....

4 min read .18 Aug 2022

Lithium rocks at the Pilbara Minerals (Photo: Bloomberg)

The world needs more lithium, and Pilbara can help

2 min read .18 Aug 2022

Amazon is the latest tech giant to try to capitalize on the sharp rise and popularity of TikTok, owned by Chinese company ByteDance Ltd (Photo: Reuters)

Amazon tests TikTok-like feed in app

2 min read .18 Aug 2022

Many workers say that forging office friendships has become harder and less of a priority over the past two years, during which millions of working Americans changed jobs or worked from home

Americans are breaking up with their work friends

4 min read .18 Aug 2022

Rep. Liz Cheney (REUTERS)

Liz Cheney to form new anti-Trump group, ponders presid ....

7 min read .18 Aug 2022

The percentage of iPhones with Apple Pay activated was 10% in 2016 and 20% in 2017. Adoption nearly doubled again in 2018. It hit 50% by 2020. Now it’s around 75% and inching closer to ubiquity. (Photo: Reuters)

Wait, when did everyone start using Apple Pay?

6 min read .18 Aug 2022

Now a new generation of regulators and rivals are again questioning whether the gateways to the internet are too tightly controlled (Photo: Reuters)

Browsers are back in the antitrust hot seat

5 min read .18 Aug 2022

This year, the boss is in the office while employees hi ....

5 min read .18 Aug 2022

Syrma SGS Technologies IPO GMP has surged from ₹20 to ₹48 per equity share during August 12-18 subscription period. (Reuters)

Syrma SGS Technologies IPO: GMP jumps after closure of bidding

1 min read . 08:34 AM IST

×

Get alerts on WhatsApp

Set Preferences My Reads Watchlist Feedback Redeem a Gift Card Logout