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Paytm IPO Subscribed 48 Percent as Firm Heads Into Last Issue Day, Garners Bids for 23.5 Million Shares So Far

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4 years ago

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Paytm IPO Subscribed 48 Percent as Firm Heads Into Last Issue Day, Garners Bids for 23.5 Million Shares So Far

Indian fintech company Paytm’s initial public offering (IPO) is as high as Rs. Data from the stock exchange on Tuesday showed that on the second day of the issuance period, the subscription rate for 183 billion shares was 48%, and 23.5 million shares were tendered. A source told Reuters that earlier in the day, the Canadian Pension Plan Investment Board ordered about 6 million major shares. At the high end of the price range, this translates to approximately Rs. 1,280 million.

Paytm has sold 48.3 million shares in India’s largest stock market, which is expected to be listed, an increase of more than mining company Coal India’s rupee. More than a decade ago, the initial public offering was 15,000 trillion US dollars. Paytm, backed by Ant Group, said last week that it allocated shares worth Rs. Provided 8,235 crore to more than 100 institutional investors, including the Singapore government, BlackRock Global Fund, Canadian Pension Plan Investment Commission and Abu Dhabi Investment Authority.

Paytm was launched as a mobile top-up platform ten years ago. After the ride-hailing company Uber listed it as a fast payment option, Paytm has developed rapidly. When India banned the use of high-value banknotes in 2016, its use surged, driving digital payments. The issuance of Paytm was opened to retail investors on November 8, the day when Indian Prime Minister Narendra Modi announced a currency ban or monetization five years ago. Founder and CEO Vijay Shehar Sharma then welcomed Modi’s move, calling it “the biggest and boldest move.” And the most ambitious surgical strike of any government in the world.” A year ago, Sharma, the son of a teacher from a small city in Uttar Pradesh, India’s most populous state, won the support of Chinese billionaire Jack Ma’s Ant Financial for Paytm.

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Over the years, Sharma, who often praised Jack Ma and took photos with him, continued to win other big investors for his company, including SoftBank and Berkshire Hathaway. These equity sales helped him obtain a net worth of US$2.4 billion (approximately Rs 17,806 crore, according to Forbes).

On Monday, when Paytm opened its bid, Sharma visited an ancient Hindu shrine in southern India and posted a photo on Twitter. “I am here to seek God’s blessing for all Paytm families,” Sharma said. Paytm hopes to raise approximately US$2.2 billion (approximately Rs 16,322 crore) through an IPO at a valuation of US$20 billion (approximately Rs 148,396 crore). The bidding will end on Wednesday, and Paytm will be listed on the Indian Stock Exchange on November 18.

News Source : Gadgets 360

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YouTube marks 20th anniversary by launching new useful features What’s new

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2 months ago

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April 24, 2025

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YouTube marks 20th anniversary by launching new useful features What’s new

YouTube has celebrated its 20th anniversary with several new features, including functional upgrades and new features for YouTube TV. The platform has introduced personalised radio stations via Ask Music, which is available to YouTube Premium and YouTube Music users on both iOS and Android devices. Additionally, YouTube is rolling out the ability to fast-forward.

YouTube TV members will gain the ability to build their own multiview experiences, starting with a selection of non-sports content from a small group of popular channels. The platform is introducing improved navigation, better playback quality, and easier access to features such as comments, channel information, and more through videos at 4x speed, providing more.

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  1. Delete Unnecessary Emails: Regularly clearing unwanted emails helps maintain storage. Open Gmail in your browser or mobile device, go to your Inbox, Social, or Spam folder, filter messages, select emails to delete or check the box to select all emails in the folder, and click the “Delete” button. The emails will be moved to the Trash folder Empty Your Spam and Trash Folders: If deleted emails remain in your Trash.
  2. Unsubscribe from Unwanted Emails: Open a promotional email and click “Unsubscribe” at the bottom of the email to reduce future accumulation April 2025 — YouTube, the world’s largest video-sharing platform, is celebrating its 20th anniversary with the launch of several innovative features aimed at enhancing user experience, empowering creators, and embracing the future of digital content.

  3. 1. AI-Powered Video Summaries
    One of the most anticipated features is AI-generated video summaries, which will now appear below eligible videos. This allows viewers to preview content quickly and decide whether to watch the full video. The summaries are automatically created using advanced natural language processing and are designed to boost discoverability and engagement.

  4. 2. “Jump Ahead” Smart Chapters
    YouTube is introducing smart chapters with “Jump Ahead” capabilities, allowing viewers to skip to the most engaging parts of videos based on audience retention data. The feature leverages machine learning to identify sections that retain viewers the most and gives users a prompt to “Jump Ahead” with a single tap.

  5. 3. Creator Insights Dashboard Upgrade
    For content creators, YouTube has upgraded its Creator Studio Dashboard with enhanced real-time analytics, audience mood tracking, and AI-suggested titles and tags. The platform’s algorithms now offer dynamic suggestions for improving performance, personalized for each creator’s channel and content style.

  6. 4. YouTube Create App Expansion
    Following positive feedback from beta users, YouTube is officially rolling out the YouTube Create app in over 30 new countries. This free mobile video editing tool includes features like auto-captions, royalty-free music, filters, and multi-clip editing — giving creators more control without the need for expensive software.

  7. 5. Enhanced Live Shopping Tools
    With e-commerce booming, YouTube is expanding its Live Shopping tools, allowing creators to tag mini-social network within the platform. These tools are products, integrate affiliate links, and host shoppable livestreams with real-time viewer interaction. The new update supports multi-vendor support, making collaborations with brands smoother and more profitable.

  8. 6. Smart TV Upgrades
    YouTube is giving its TV interface a refresh, introducing a sleeker design with quicker access to playlists, subscriptions, and smart recommendations. A new “Ambient Mode interactive content suggestions and previews when the app is idle, turning the TV into a dynamic home hub for entertainment.

  9. 7. Community Tab Enhancements
    To improve engagement, YouTube is enhancing its Community Tab with interactive stickers, polls, countdowns, and quizzes — turning it into a mini-social network within the platform. These tools are aimed at helping creators keep their audience involved even between video uploads.
  • Group Media Publication
  1. Construction, Infrastructure and Mining   
  2. General News Platforms – IHTLive.com
  3. Entertainment News Platforms – https://anyflix.in/

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