Given Paytm’s early state of evolution, BOFA anticipates the company achieving EBITDA breakeven in FY28. Brokerage Morgan Stanley took a cautious approach and said pending regulatory approvals could affect the smooth implementation of the company’s new strategy in the near term
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As the situation develops, no official statements have been issued by Amazon or Swiggy regarding the potential deal
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The fund sold over 2.84 crore shares, representing a 0.3 percent stake in the online food delivery aggregator, at an average price of Rs 226.85 each
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