Paytm Shares Rise as Paytm Money Receives SEBI Approval as Research Analyst
Shares of One 97 Communications, the parent company of Paytm, surged 3.6% to ₹713.50 on the BSE during Tuesday’s trading session. The rally came after Paytm announced that its wholly owned subsidiary, Paytm Money, has received regulatory approval from the Securities and Exchange Board of India (SEBI) to operate as a registered Research Analyst. SEBI…