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Paytm shares: Macquarie slashes Paytm target price to Rs 275 from Rs 650. Here's why

Macquarie said its target cut on Paytm was driven by a sharp reduction in revenues across various segments. Post the recent regulatory changes and diktats, Paytm now faces a serious risk of exodus of customers, which significantly jeopardises its monetisation as well as its business model.

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Explained: Why Paytm shares fell 8.5% to hit record low today

Paytm shares declined sharply by 8.5 per cent in early trade to hit a record low of Rs 386.25. ....

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Paytm crisis: Macquarie cuts target price by 57% to Rs 275, sees huge customer exodus

Macquarie sees a 60-65 percent decline in revenues for One97 Communications due to lower payments and distribution revenue ....

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Byju's & Paytm woes: Rockstar founders need to accept the limits of their power

When star startups fall: It takes extraordinary skills to build a market leader like Byju’s or Theranos or China Evergrande or Paytm or WeWork. But perhaps these companies became victims of their founders’ success and the adulation they received. ....

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Paytm e-commerce changes its name to Pai Platforms

According to sources aware of the development, the company had applied for a name change around three months ago and got the approval from the Registrar of Companies on February 8. ....

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