Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Paytm Q2 Profit Plunges 98% YoY To INR 21 Cr
Paytm reported a dramatic 98% year-on-year drop in net profit to ₹21 crore in Q2, primarily due to a one-time impairment of loans to its gaming venture. Despite a 24% revenue increase, the heavy loss impacted investor confidence. The article examines operational challenges, regulatory headwinds, and market reactions, noting how profitability concerns persist in India’s fintech industry.