Tag: net income

Paytm reported a net income of 9.3 billion rupees in Q3, driven by a gain from its events business sale. The fintech company faces regulatory hurdles and stiff competition in digital payments, prompting a strategic shift towards loans and payment services.(Reuters)
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Paytm’s first net income after asset sale to Zomato leaves stock market unimpressed

 October 22, 2024  Leave a Comment on Paytm’s first net income after asset sale to Zomato leaves stock market unimpressed

Paytm reported its first-ever net income, helped by a gain from the sale of its events business as the Indian fintech pioneer fights to rebound…

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Avenue Supermarts Ltd. shares dropped 9.5%, the steepest decline in over five years, as concerns over online competition emerged. Net income fell below estimates, prompting multiple brokerages to downgrade the stock and suggest a review of the business model to adapt to changing market dynamics.
Posted in Business

Dmart shares fall on concern online competitors hurting sales

 October 14, 2024  Leave a Comment on Dmart shares fall on concern online competitors hurting sales

Oct 14, 2024 01:25 PM IST Shares of Avenue Supermarts Ltd. fell 9.5% amid concerns about online competition impacting its business. Shares in India’s Avenue…

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