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A start-up idea Paytm’s Vijay Shekhar Sharma says he would love to fund: ‘Food, water for stray dogs in exchange for…’ | Mint
Livemint
·
1y ago
Medial
Paytm Founder Vijay Shekhar Sharma expressed interest in funding a start-up idea that involved a vending machine in Istanbul releasing food and water for stray dogs in exchange for recycled plastic bottles. While some praised the initiative, others raised concerns about the potential consequences such as attacks on people and suggested alternative approaches. One user recommended supporting a woman in Ghaziabad who cares for hundreds of dogs. Overall, the idea of using recycling to support stray animals received positive feedback from many.
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Paytm CEO Vijay Shekhar Sharma gets scam texts from 'Vijay Shekhar Sharma', shares pics
Inshorts
·
2m ago
Medial
Paytm CEO Vijay Shekhar Sharma shared pictures of text messages he got from a scammer who was posing as 'Vijay Shekhar Sharma', saying, "Impersonating myself to me." In the messages, the scammer asked Vijay if he was in office and asked him to send a file to finance department. "Vijay speaking to Vijay. Madness of multiverse," an X user said.
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Paytm CEO Vijay Shekhar Sharma settles ESOP case with SEBI
Inshorts
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3m ago
Medial
Paytm and its CEO, Vijay Shekhar Sharma, have settled an employee stock options (ESOPs) violations case with the Securities and Exchange Board of India (SEBI), the markets regulator said on Thursday. As part of settlement, Sharma has been prohibited from accepting fresh ESOPs from any listed company for three years, while Paytm and Sharma each paid ₹11.1 million, SEBI said.
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Paytm Senior VP Praveen Sharma quits to pursue other opportunities
Inshorts
·
1y ago
Medial
Paytm Senior Vice President Praveen Sharma has quit the fintech startup to pursue other opportunities, Paytm said in an exchange filing. Praveen, who tendered his resignation to CEO Vijay Shekhar Sharma on Saturday, will work with Paytm till Sunday (March 31). "I had a wonderful stint here," said Praveen, who has worked at Paytm since September 2019.
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Paytm Payments Bank ropes in Sheroes CEO to board of directors
Entrackr
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1y ago
Medial
Paytm Payments Bank has appointed Sairee Chahal (co-founder & CEO of women-focused community platform Sheroes) to its board of directors. The company will benefit from Chahal’s expertise and experience of customer service ecosystem. In November 2018, Paytm had collaborated with Sheroes to roll out a women-only social community platform that allows them to engage in topics including health, careers, relationships and hobbies. Paytm’s CEO Vijay Shekhar Sharma is an investor in Sheroes. (Source)
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Paytm founder foregoes 21 million ESOPs after SEBI scrutiny
VCCircle
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3m ago
Medial
Paytm's founder and CEO, Vijay Shekhar Sharma, has relinquished 21 million employee stock options (ESOPs) after the Securities and Exchange Board of India (SEBI) cited rule violations in share-based employee benefits. SEBI's investigation revealed Sharma improperly held ESOPs while being a large shareholder capable of influencing decisions. Previously, Sharma reduced his stake from 14.7% to 9.1% to qualify for ESOPs by transferring shares to Axis Trustee Services for the family trust.
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Fresh Trouble For Paytm As SEBI Issues Show Cause Notices Alleging Fact Misrepresentation During IPO
Inc42
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11m ago
Medial
Paytm founder Vijay Shekhar Sharma is reportedly facing investigation by the Securities and Exchange Board of India (SEBI) for alleged non-compliance with promoter classification norms. The probe has been initiated based on information from the Reserve Bank of India (RBI). Paytm has not responded to queries regarding these developments.
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Paytm gets show-cause notice from SEBI over ESOPs granted to CEO
Inshorts
·
1y ago
Medial
Paytm has received a show-cause notice from market regulator SEBI over the employee stock option plans (ESOPs) granted to the startup's Founder and CEO Vijay Shekhar Sharma, Paytm said in an exchange filing. "[We believe] that the company is compliant with the relevant regulations," Paytm said. It added that it had submitted its preliminary response to SEBI's notice.
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Paytm board members levied Rs 3.3 crore fine in total by Sebi
Economic Times
·
6m ago
Medial
The Securities and Exchange Board of India (SEBI) fined eight executives from One97 Communications, the parent of Paytm, a total of Rs 3.3 crore for failing to comply with listing regulations. This included seven board directors and the chief compliance officer. The independent directors reportedly did not fulfill their duties concerning benefits for Paytm founder Vijay Shekhar Sharma. The company had incorrectly asserted the absence of a promoter, despite Sharma being one.
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Paytm founder calls out scamster impersonating him; shares screenshots of hilarious exchange
Economic Times
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2m ago
Medial
Paytm founder and CEO Vijay Shekhar Sharma shared screenshots of a humorous exchange with a scammer who impersonated him to obtain sensitive information. The scammer, claiming to be Sharma himself, demanded the company's financial details and requested suspicious actions. This incident highlights the rise of sophisticated digital scams. Concurrently, India's Telecom Department launched the 'Financial Fraud Risk Indicator' to enhance cyber protection and curb financial crimes by sharing intelligence with banks and financial institutions.
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Paytm’s Vijay Shekhar Sharma cheers Deepinder Goyal as camaraderie adds fizz to Zomato’s 16th anniversary ad
Livemint
·
1y ago
Medial
Zomato's 16th anniversary is making headlines as Paytm CEO Vijay Shekhar Sharma shared the celebration ad released by Zomato's CEO Deepinder Goyal. Sharma congratulated Goyal and the executive team while expressing admiration for the advertisement. As a gesture of gratitude to its users, Zomato is offering an exclusive Zomato Gold membership for ₹30 for six months. The advertisement features key team members such as Akriti, Akshant, Rakesh, and Vipin. The online food delivery market in India is projected to reach $43.78 billion by 2024, according to Statista.
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