Paytm rightfully worth less than $20 billion, says NYU valuation professor
Mapping out Paytm's financial pathway in a scenario in which it remains a dominant digital payments player for the next 10 years, Damodaran argues that even with favorable assumptions, a justifiable valuation of equity would be around $19.6 billion.
Kotak Mahindra Bank becomes 1st scheduled private sector bank to collect direct, indirect taxesWith this, the bank becomes the first scheduled private sector bank to receive approval after the announcement by Finance Minister Nirmala Sitharaman allowing all banks to participate in government-related business.
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