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.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said