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Paytm

PayTm down: It was today on 14th of December when Paytm, quickly gave up their opening gains and traded lower inspite of the company’s approval of a Rs 850 crore share buyback plan yesterday on 13th of December 2022..

One 97 Communications has scheduled its board meeting for December 13 (Tuesday) to discuss the share buyback proposal, according to a release the company sent to the BSE.

Paytm rival PhonePe is also developing its payment gateway while it awaits RBI approval for a license