Money Talks

Shares in India's Paytm fall as much as 25% on market debut | Money Talks

India's multipurpose personal finance app Paytm has had a historic but disappointing IPO. Shares in One97 Communications, the company that runs the service, fell as much as 25%on the first day of trading in Mumbai, although it did regain some of those losses. Investors gave the firm a lukewarm welcome amid concerns over its inability - so far - to turn a profit. That's despite the company's growing popularity and a customer base of more than 300M people. Paytm started out as a platform for mobile top-ups in 2010. Over the past decade, its list of services has grown to include bill payments, e-commerce, and insurance. Despite the tepid reception, Paytm debut is the biggest listing in India's history. The company raised $2.5B from new investors. Officials want to use that money to fund expansion plans outside the large Indian market. Business Strategy Specialist Harish Bijoor joined TRT World’s Newshour to discuss the company’s prospects. #India #Paytm #IPO #Listing

Picture This: Brussels Attacks Anniversary

Picture This: Brussels Attacks Anniversary

The Newsmakers: America's Anti-Terror Strategy

The Newsmakers: America's Anti-Terror Strategy

The Newsmakers: America's Anti-Terror Strategy and Australia Redefining Racism

The Newsmakers: America's Anti-Terror Strategy and Australia Redefining Racism

Showcase: 'I Am Not Madame Bovary'

Showcase: 'I Am Not Madame Bovary'

Biz in 60: Netflix subscriber outlook, S Korea-Egypt deal, US house market

Biz in 60: Netflix subscriber outlook, S Korea-Egypt deal, US house market

Netflix shares fall 20% on slowing subscriber growth

Netflix shares fall 20% on slowing subscriber growth

Turkiye's central bank keeps policy rate unchanged at 14%

Turkiye's central bank keeps policy rate unchanged at 14%

Biz in 60: Wall Street banks wages, Thailand travel rules, Australia unemployment

Biz in 60: Wall Street banks wages, Thailand travel rules, Australia unemployment

China's central bank cuts key lending rates amid economic woes

China's central bank cuts key lending rates amid economic woes

Biz in 60: UK inflation, Microsoft buys Activision Blizzard, Turkiye’s gaming industry

Biz in 60: UK inflation, Microsoft buys Activision Blizzard, Turkiye’s gaming industry

Asia-Pacific markets fall after overnight sell-off on Wall Street

Asia-Pacific markets fall after overnight sell-off on Wall Street

Biz in 60: UK unemployment, Activision sexual harassment probe, Wayve funding round

Biz in 60: UK unemployment, Activision sexual harassment probe, Wayve funding round

Brent futures in London climb above $87 a barrel, WTI tops $85

Brent futures in London climb above $87 a barrel, WTI tops $85

German economy grows 2.7% in 2021 as COVID-19 takes toll on output | Money Talks

German economy grows 2.7% in 2021 as COVID-19 takes toll on output | Money Talks

Biz in 60: Halkbank US prosecution, Credit Suisse chair resigns, 5G precautions

Biz in 60: Halkbank US prosecution, Credit Suisse chair resigns, 5G precautions

Chinese economy grows at slowest pace in 18 months in Q4

Chinese economy grows at slowest pace in 18 months in Q4

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