Paytm said that the company and its associates have continued to provide information, documents, and explanations to the authorities as required by them.
The report observed that the admin roles were at the top with an 11.5 per cent share in postings with Sales, Marketing, and Management rounding up the top five sectors that hired freshers.
Paytm COO Bhavish Gupta said that the company will not be issuing new loans for "maybe a couple of weeks" before resolving operational challenges posed due to RBI restriction
At the Walmart Growth Summit, Flipkart CEO Kalyan Krishnamurthy revealed that the company plans to transition its delivery fleet to electric vehicles by 2030.
Paytm stated in a blog post that it assures users the services will be available without any disruption. Additionally, it mentioned partnering with other banks to offer services following the RBI directive on its associate PPBL.
Reserve Bank earlier said that the particular action is against Paytm Payments Bank and is not to be confused with Paytm App...The app is not impacted by this action.
Oyo founder Ritesh Agarwal stated that the company clocked an adjusted EBITDA of Rs 750 crore in FY23 and expects to clock an adjusted EBITDA of Rs 1,000 crore in FY24.
Previous