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Paytm revenue impact: Paytm expects near-term impact on revenue, profitability from regulatory action: Vijay Shekhar Sharma

Paytms parent, One 97 Communications Ltd, is taking steps to “strengthen the governance framework across our group entities (especially regulated entities)” by appointing subject matter experts as advisors of independent directors, says founder Sharma in letter to shareholders. Going forward in the ongoing fiscal, Paytm also anticipates reduction in employee costs.

Paytm expects near-term impact on revenue, profitability due to regulatory action: Vijay Shekhar Sharma, ET Retail

Paytm’s parent, One 97 Communications Ltd, is taking steps to “strengthen the governance framework across our group entities (especially regulated entities)” by appointing subject matter experts as advisors of independent directors, says founder Sharma in letter to shareholders. Going forward in the ongoing fiscal, Paytm also anticipates reduction in employee costs.

Surinder Chawla | Paytm Payments Bank MD and CEO Surinder Chawla resigns, cites personal reasons

Surinder Chawla | Paytm Payments Bank MD and CEO Surinder Chawla resigns, cites personal reasons
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