Paytm Payments Bank to reportedly slash 20% of its workforce amid bleak future
Paytm Payments Bank, the troubled arm of One97 Communications-owned Indian fintech major Paytm, is reportedly planning to trim its staff by 20%. The news comes
Paytm Payments Bank, the troubled arm of One97 Communications-owned Indian fintech major Paytm, is reportedly planning to trim its staff by 20%. The news comes
Following the NPCI’s announcement, shares of Paytm rose at the opening of Friday’s stock market trading session and closed 5% higher at Rs 370.90 on BSE.
While the targeted valuation of up to $6.4 billion is significant, it falls short of the $10 billion Reddit secured in a 2021 fundraising round.
Amid other factors, Bitcoin’s rally also come ahead of the “halving” event, scheduled for April.
Bitcoin’s record rally was fueled by a robust influx of funds into U.S. spot exchange-traded funds (ETFs) for cryptocurrencies and the anticipation of interest rate cuts by the U.S. Federal Reserve this year.
Nita M. Ambani is slated to head the Reliance-Disney JV as the Chairperson, with Uday Shankar as Vice Chairperson.
Reddit reported a net loss of $90.8 million for the fiscal year 2023, but showcased a 21% revenue growth.
The ripple effect of Bitcoin’s surge has been felt across the crypto industry with other major crypto stocks and mining companies witnessing notable gains.
The launch of UPI and RuPay services will be broadcast live on RBI’s YouTube channel.
PhonePe, backed by Walmart, has reportedly emerged as the frontrunner, experiencing a 45% week-on-week increase in Android downloads on February 3rd, reaching 2.79 lakh downloads.
Paytm Payments Bank, the troubled arm of One97 Communications-owned Indian fintech major Paytm, is reportedly planning to trim its staff by 20%. The news
Following the NPCI’s announcement, shares of Paytm rose at the opening of Friday’s stock market trading session and closed 5% higher at Rs 370.90 on BSE.
While the targeted valuation of up to $6.4 billion is significant, it falls short of the $10 billion Reddit secured in a 2021 fundraising round.
Amid other factors, Bitcoin’s rally also come ahead of the “halving” event, scheduled for April.
Bitcoin’s record rally was fueled by a robust influx of funds into U.S. spot exchange-traded funds (ETFs) for cryptocurrencies and the anticipation of interest rate cuts by the U.S. Federal Reserve this year.
Nita M. Ambani is slated to head the Reliance-Disney JV as the Chairperson, with Uday Shankar as Vice Chairperson.
Reddit reported a net loss of $90.8 million for the fiscal year 2023, but showcased a 21% revenue growth.
The ripple effect of Bitcoin’s surge has been felt across the crypto industry with other major crypto stocks and mining companies witnessing notable gains.
The launch of UPI and RuPay services will be broadcast live on RBI’s YouTube channel.
PhonePe, backed by Walmart, has reportedly emerged as the frontrunner, experiencing a 45% week-on-week increase in Android downloads on February 3rd, reaching 2.79 lakh downloads.
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@2022 Unboxed Magazine. All rights reserved. Use of this site constitutes acceptance of our user agreement and privacy policy and cookie statement and your California privacy rights.