Paytm has been under pressure to turn profitable ever since its dismal listing in November 2021.The stock has declined around 70% and tumbled 60% in 2022.
Shares of the food-delivery platform tumbled 8.4% in Mumbai trading Tuesday on top of a 6.6% drop Monday. The two-day fall to Rs 60.3 put shares 21% below the IPO price.
Morphing back into a clearly defined financial services player and away from the fuzzy fintech giant operations won’t be too tough for Ant. The hard part is capital commitment.
Nick Jonas is not trying to modernise the mangalsutra, but his gesture shows that choices can be equal. If commitment must be flaunted, it need not be gendered.
Bengaluru-based SSS Defence has made public its bid for a major foreign military contract, targeting UK’s ambitious SA80 successor programme with its home-tested weapons.
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