All the positivity that you see for Paytm has come on two accounts; one is that they have really cut down their costs in the payment business. Payment business was the backbone of Paytm and a loss making part of their overall business. So they have controlled the losses there. Number two, they have done a good job in terms of loans.
Proxy companies bat for ‘new’ vote on promoter pay
Proxy advisory firms urge regulators to implement a majority-of-minority voting mechanism for approving promoter remuneration, citing significant increases in payouts to promoters and conflicts of
January 16, 2025