Indian travellers going abroad can now enjoy seamless UPI payments at popular foreign locations where UPI is already accepted
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He will work closely with founder Vijay Shekhar Sharma to drive growth and prioritise profitability
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Celebrating a legacy that blurred the lines between investment and mentorship, guiding entrepreneurs with wisdom and support
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In August, Paytm sold its ticketing business to Zomato for Rs 2,048 crore to refocus on its core operations in payments and financial services
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Reserve Bank of India had rejected Paytm's PA license permit application in November 2022
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The notice pertains to Sharma’s classification as a promoter, which SEBI claims violated regulatory norms
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PayTM has set the non-executive level compensation at Rs 48 lakh, with a fixed portion of Rs 20 lakh, as part of the revised remuneration structure pending shareholders' approval, according to the company
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This decision clears the way for the unit, a significant part of Paytm's business, to resume normal operations
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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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The company's board accepted Neeraj Arora's resignation as a non-executive independent director due to pre-occupation and other personal commitments
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