Sharma

One 97 Communications Ltd (OCL), the parent company that owns and operates the Paytm brand, on Monday said its founder Vijay Shekhar Sharma will be stepping down as part-time non-executive chairman and board member at associate entity Paytm Payments Bank Ltd (PPBL) as part of a board restructuring.OCL also said, in a BSE filing on Monday, that it has withdrawn all nominees from the payments bank’s board.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme…

One 97 Communication, the parent company of fintech Paytm, informed the exchanges that founder Vijay Shekhar Sharma has resigned from the board of Paytm Payments Bank (PPBL). Srinivasan Sridhar, former chairman of Central Bank of India, retired IAS officer Debendranath Sarangi, former executive director of Bank of Baroda Ashok Kumar Garg, and retired IAS Rajni Sekhri Sibal have joined the board as independent directors. One 97 Communication, the parent company of fintech Paytm, informed the exchanges that founder…

Indian digital payments firm Paytm said on Monday Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit, as the embattled company overhauls its board in the wake of a central bank clampdown.Paytm likely to partner with four banks for enabling UPI transactions, sources sayTroubledPaytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular unified payments interface (UPI), two sources aware of the…

The chairman of Mahindra Group, Anand Mahindra, is known for his down-to-earth nature and his witty tweets that he shares. Over the last few years, he has shared numerous things on his X (formerly Twitter) profile, and recently he shared another heartwarming post. This particular post featured the IPS officer Manoj Kumar Sharma and his wife IRS Shraddha Joshi, who are the people on whom the newly released “12th Fail” movie is based. Anand Mahindra shared a picture of himself holding both their autographs. They were shy…

Vijay Shekhar Sharma, founder of Paytm and part-time chairman of Paytm Payments Bank, considered resigning from the latter’s board and removing ‘Paytm’ from its name to quell mounting regulatory and compliance pressures on the fintech firm, said people aware of the matter.Sharma, however, did not carry out his plan and remains on the board of Paytm Payments Bank.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitMITMIT Technology…

We all know that stand-up comedian and actor Kapil Sharma had filed a case against Dilip Chhabria – popular car designer for cheating. He even got Mr. Chhabria arrested. We have already written about this case in one of our articles in the past. If you want to know more about this particular case, click here. Now Kapil Sharma has told Enforcement Directorate (ED) that Dilip Chhabria tried to shift the blame onto him for non-delivery of a vehicle that he had ordered and tried to extract money from him illegally. Kapil…

The Directorate of Enforcement (ED) is likely to initiate a formal probe into Paytm to investigate issues flagged in the reference from the Reserve Bank of India (RBI), said people familiar with the matter.Paytm founder and chief executive officer Vijay Shekhar Sharma Tuesday met finance minister Nirmala Sitharaman in the backdrop of the banking regulator’s action against the fintech firm. He had met top RBI officials on Monday. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian…

Paytm Chief Executive Vijay Shekhar Sharma met the Indian central bank on Monday to discuss plans to address regulatory concerns, two sources with direct knowledge of the talks said on Tuesday, days after the regulator imposed curbs on its banking affiliate.The Reserve Bank of India (RBI) told Paytm Payments Bank last Wednesday to stop accepting new deposits in its accounts and its popular digital wallets from March, citing supervisory concerns and non-compliance with rules."Discussions are on about addressing RBI's…

OpenPilot is an open-source advanced driver assistance system (ADAS). Available in costlier vehicles in India, ADAS enables--among other things--automated lane centering, adaptive cruise control, lane change assist and driver monitoring.New Delhi: Bengaluru-based robotics engineer Mankaran Singh posted this on X late last year: “My second hand redmi note 9 pro running flowpilot is driving my alto k10. Can it get more desi than this?” The video shows the small hatch…

A rags-to-riches tale, Vijay Shekhar Sharma is no stranger to controversy. Now, India's startup king faces arguably his biggest crisis in a race to save his revolutionary digital payments firm that had once counted Warren Buffett as a backer. Sharma has put up a brave face even as nervous investors plundered $2 billion off Paytm's valuation after India's central bank ordered his banking arm to stop most of it operations from March 1 for "persistent non-compliances" and "supervisory concerns".Elevate Your Tech Prowess…