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Paytm shares fall on MDR rumours

Mint New Delhi

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June 13, 2025

Shares of One97 Communications, the owner of Paytm brand, on Thursday ended 7% lower amid reports that the government is planning to impose a merchant discount rate (MDR) on large-ticket Unified Payments Interface (UPI) transactions.

However, the finance ministry has termed these claims as "false, baseless and misleading".

The stock tanked 9.99% to ₹864.20 during the day on the BSE. It ended at ₹895.15 apiece, down 6.77%.

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Mint New Delhi

Mint New Delhi

Saks Global files for bankruptcy, undone by debt and a luxury slump

The parent of Saks Fifth Avenue and Neiman Marcus filed for bankruptcy protection, barely a year after an ambitious bet on luxury department stores brought the two storied retailers together in what was supposed to be a powerhouse deal.

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The obscure bank collapse that sent Iran into a tailspin

Bad loans to regime cronies brought down Ayandeh Bank, accelerating a long-running financial crisis

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January 15, 2026

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Govt looks to sustain Iran basmati exports

India's basmati rice trade with

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1 min

January 15, 2026

Mint New Delhi

Mint New Delhi

Rishab Bajaj emerges as key face of Bajaj Auto's EV push

The next generation at the country's fourth-largest two-wheeler maker, Bajaj Auto, is taking shape, with Rishab Nayan Bajaj playing a central role in the company's latest launch of its new electric vehicle (EV) at its facility in Akurdi, Pune.

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2 mins

January 15, 2026

Mint New Delhi

Mint New Delhi

Unacademy plans to exit offline centres

Gaurav Munjal told employees company aims to shift to franchise model

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2 mins

January 15, 2026

Mint New Delhi

Mint New Delhi

Lego's Smart Bricks feel a little dumb: Why not try robotics?

The toy-maker has missed a hot new tech educational opportunity

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3 mins

January 15, 2026

Mint New Delhi

State Street to buy 23% in Groww MF for ₹580 cr

State Street, the world's fourth largest asset manager, has agreed to invest ₹580 crore for a 23% stake in the mutual fund unit of Billionbrains Garage Ventures Ltd, the parent of broker Groww.

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1 min

January 15, 2026

Mint New Delhi

Auto component industry grows 6.8%

The Indian auto component industry grew by 6.8% year-on-year to ₹3.56 trillion in the April-September period of fiscal year 2026 (FY26), industry body Automotive Component Manufacturers Association (ACMA) said on Wednesday.

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1 min

January 15, 2026

Mint New Delhi

Shriram approves MUFG investment

Shriram Finance said on Wednesday its shareholders have approved three proposals related to the non-bank lender's deal with Japan's MUFG.

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1 min

January 15, 2026

Mint New Delhi

Mint New Delhi

Why India’s InvITs prefer to stay private

Valuation and liquidity concerns have been keeping InviTs overwhelmingly private

time to read

3 mins

January 15, 2026

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