GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of Paytm’s parent company One 97 Communications climbed 3.6% to Rs 713.50 on the BSE in Tuesday's trading session after the company announced that its wholly owned subsidiary, Paytm Money, has received SEBI approval as a registered Research Analyst. In an official disclosure, Paytm stated that SEBI has granted a Certificate of Registration to Paytm Money as a Research Analyst under the SEBI (Research Analysts) Regulations, 2014, which enables the company to provide SEBI-compliant investment research, data-driven analysis, and expert insights for both retail and institutional investors. “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Paytm Money Limited, a wholly owned subsidiary of One 97 Communications Limited, has been granted a Certificate of Registration as a Research Analyst by the Securities and Exchange Board of India (SEBI) under the ...

[hfe_template id='11223'] [ad_1] Paytm shares jumped 5% on the BSE in Thursday's early trade, reaching a high of Rs 565, after the company received approval from the finance ministry to invest in its payment services business. After this approval, the payment services business, Paytm Payments Services Limited (PPSL), will resubmit the application for its payment aggregator license. “We would like to inform you that PPSL has received approval from the Government of India, Ministry of Finance, Department of Financial Services, vide its letter dated August 27, 2024, for downstream investment from the Company into PPSL. With this approval in place, PPSL will proceed to resubmit its PA application. In the meantime, PPSL will continue to provide online payment aggregation services to existing partners,” said the company in a filing to the exchanges. One 97 Communications, which operates Paytm, has been under the scrutiny of India's banking regulator and financial crime...