Ranchi and Delhi will host the second and third ODI respectively. The action will then shift to Lucknow on 6th October where the ODI series will get underway. The second T20I will be played on October 2, 2022, Gandhi Jayanti, to mark the birth anniversary of Mahatma Gandhi at Guwahati, followed by the last T20I at Indore. The home series against South Africa will begin in Thiruvananthapuram. Mohali will host the first T20I against Australia with Nagpur and Hyderabad hosting the second and third respectively. India’s international home season 2022-23 will commence with a three-match T20I series against Australia in September and will be followed by a three-match T20I and ODI series against South Africa. The Board of Control for Cricket in India (BCCI) on Wednesday announced the schedule for the upcoming Paytm Australia and South Africa’s tour of India. In its three-day festive sale, Paytm has claimed that over 10,000 of its 1. Paytm dropped 20 on Thursday before recovering slightly after the Indian financial services firm announced plans to issue fewer personal loans under 50,000 Indian rupees (600), a move that has already started to rattle many fintech investors. Its Maha Bazaar Sale will begin on October 12 and will last till October 14. Consolidated loss widened to ₹392.1 crore in the December quarter, compared to ₹778.5 crore in the quarter before.BCCI announces schedule for Paytm home series against Australia and South Africa Indias mobile payments and e-commerce company Paytm has announced its Maha Bazaar Sale for the upcoming Diwali festival starting this Wednesday. On Wednesday, Paytm shares surged 15 to INR 677. It reported an Ebitda without accounting for employee-stock option costs, of ₹31 crore over a revenue of operations of ₹2,062 crore in the third quarter of financial year 2023, up 42% on year. Paytm’s loan distribution business continued to grow as the startup disbursed 38.65 Lakh loans worth INR 3,928 Cr in the first month of 2023. Paytm said that over the last few quarters it has been focusing on payment volumes that generate profitability, either through net payments margin or from direct upsell potential. It dropped to as low as 650 Indian rupees earlier Thursday. Gross merchandise volume processed by merchants on its platform grew by 44% on a year-on-year basis to ₹1.2 trillion ($15 billion) in January. Shares of Paytm were trading at 678 Indian rupees, down from 812 Indian rupees Wednesday afternoon. This business, while deriving subscription revenues and higher payment volumes, acts as a funnel for the company’s loan distribution business. One 97 Communications Limited IPO (Paytm IPO) Detail Listing At, BSE, NSE IPO Open Date, Monday, Novem IPO Close Date, Wednesday, November 10. The fintech firm provides these devices or soundboxes to its merchant partners on a subscription basis. It added another 0.3 million merchants for its payment devices subscription, taking the total to 6.1 million users. While we’ll continue to do postpaid, and it may not be the same growth level that we were doing earlier. The number has grown from 85 million at the end of December 2022. Paytm shares ended Wednesday’s (December 6) trading session at INR 813.3 on the BSE. The Noida-based firm said it has expanded its user base reporting 89 million average monthly transacting users at the end of the month, up about 29% on year. The firm, led by its founder Vijay Shekhar Sharma, has been trying to minimise cash burn and achieve profitability.Īmong India’s biggest payments firms, shares of Paytm, which turned operationally profitable (on the basis of adjusted Ebitda) last quarter, have gained about 28% in the last five days. Stocks that were in focus included names like Paytm, which fell 1.08, Varun Beverages, which rose 6.62, and Astral, whose shares declined 2.19 on Wednesday.
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