Paytm plummets 8% after CTO’s resignation; Deependra Singh to take over

Shares of One 97 Communications, parent of fintech major Paytm dropped as much as 8.35 per cent at Rs 637.10 a piece on the NSE in Monday’s intraday trade. This came after the company saw a top level management shift in which Manmeet Singh Dhody stepped down as Chief Technology Officer – Payments, effective October 4. Dhody has transitioned to a new role as an AI Fellow at the company.