Paytm achieved profitability three quarters ahead of its guidance, causing the market sentiment regarding the payment aggregator and financial services firm to turn positive, and sending the share price soaring. The company reported a revenue of Rs 2,062 crore in Q3FY23, up 42% on-year, while the firm’s contribution profit was up 131% on-year at Rs […]
Mauritius is fast losing its relevance as being the preferred destination for equity investments into India given the greater regulatory oversight over the island nation and the perception of it being a tax haven. Investments from Mauritius as gauged by the equity assets under custody have dipped 46% to Rs 2.5 trillion in February from […]
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