Budget 2018-19

  Digital payments, financial services firm Paytm is expecting to increase revenue and monetisation methods on its platform in the next few quarters. Digital payments and financial services firm Paytm is expecting to increase revenue and monetisation methods on its platform in the next few quarters, according to a top company official. Paytm Chairman and CEO Vijay Shekhar Sharma during an earnings call with analysts in the US said the company is seeing scale in system deployment and non-UPI revenue, where merchant gives revenue charges, MDR (merchants discount rate) for payments and credit led financial service, and provides the company with the next level of monetisation. “We believe, we in the next few quarters will be able to not just expand revenue but increase more number of monetisation methods and subsequently increase contribution margins in due course. Our team, myself and everyone is super energised seeing the opportunity in front of us and we are committed to executing a...

  Much about the future of China’s most famous businessman remains unclear He appeared for less than a minute and said nothing about the Chinese government clampdown that had left his business empire in crisis. But for investors who’d been waiting months to catch a glimpse of Jack Ma, the entrepreneur’s participation in a live-streamed video conference on Wednesday was enough to trigger a $58 billion sigh of relief. That’s how much Alibaba Group Holding’s market value soared after a clip of Ma speaking to a group of teachers began circulating online — his first public comments since disappearing from view late last year. Much about the future of China’s most famous businessman remains unclear. Yet analysts said Wednesday’s video was a sign that worst-case scenarios — such as jail time for Ma or a government takeover of his companies –- are probably now off the table. It’s unlikely Ma would have participated in the event without at least tacit approval from Beijing; state-run media ...