Paytm Stock: Jefferies Predicts Growth Driven by Merchant Payments Platform

Despite recent challenges, Jefferies maintains a ‘Buy’ rating for Paytm, forecasting significant growth driven by its dominant merchant payments platform and expansion into financial services. IMAGE: Photograph: Amit Dave/Reuters Key Points Jefferies projects a 22% CAGR in Paytm’s revenue between

Friday the 13th caps a week of AI-sparked horror in IT stocks

Top software exporters suffer nearly Rs 5 trn mcap loss as rout deepens. Illustration: Dominic Xavier/Rediff Key Points The index ended the week down 8.2% The latest bout of selling followed a steep decline in US tech stocks Launch of