Wednesday, 10 January 2018

Paytm breaking its business into two helped it cut losses by 40%


BENGALURU: Paytm's parent company One97 Communications' restructuring exercise wherein it separated its online retail from its payments business has helped it pare losses by over 40% to Rs 900 crore in financial year 2016-17 from Rs 1,548 crore in FY16, according to the company's filings with the Re

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