{"id":835381,"date":"2024-07-20T11:01:49","date_gmt":"2024-07-20T05:31:49","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=835381"},"modified":"2024-07-20T11:02:29","modified_gmt":"2024-07-20T05:32:29","slug":"paytm-posts-biggest-loss-since-listing-on-banking-unit-wind-down","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/20\/paytm-posts-biggest-loss-since-listing-on-banking-unit-wind-down\/","title":{"rendered":"Paytm posts biggest loss since listing on banking unit wind down"},"content":{"rendered":"<p>India\u2019s Paytm reported a wider first-quarter loss on Friday, its biggest since it went public in November 2021, hurt by weakness in its payments business after the central bank\u2019s directive to wind down its banking unit.<\/p>\n<p>The digital payments firm\u2019s consolidated net loss widened to 8.39 billion rupees ($100.3 million) for the quarter ended June 30, compared with a loss of 3.57 billion rupees a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s Paytm reported a wider first-quarter loss on Friday, its biggest since it went public in November 2021, hurt by weakness in its payments business after the central bank\u2019s directive to wind down its banking unit. The digital payments firm\u2019s consolidated net loss widened to 8.39 billion rupees ($100.3 million) for the quarter ended June 30, compared with a loss of 3.57 billion rupees a year earlier.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-835381","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/835381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=835381"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/835381\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=835381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=835381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=835381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}