Tag: regulatory setbacks

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)
Posted in Business

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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