![Paytm collaborates with Skyscanner, Google Flights, and Wego](https://images.assettype.com/fortuneindia%2F2024-06%2F49375eb2-ca9b-48fc-892b-f75635218f24%2FGettyImages_2033876732.jpg?w=300&q=95)
Paytm collaborates with Skyscanner, Google Flights, and Wego
This initiative is part of Paytm's broader strategy to expand its market share in online travel services.
This initiative is part of Paytm's broader strategy to expand its market share in online travel services.
Shares of Zomato rose up to 1.5%, while shares of One 97 Communications Ltd, the parent of Paytm, fell nearly 3%, paring opening gains.
Zomato says discussions with Paytm are being undertaken with an intent to further strengthen the 'Going-out' business.
This partnership is designed to streamline the booking process for users by integrating these services directly into Samsung Wallet
In the rate-sensitive space, the financial services sector was the top performer, with IIFL Securities, Bajaj Finance, Paytm rising up to 20%.
The shares of One97 have seen a major erosion in value after the RBI's stringent action against its former associate entity, Paytm Payments Bank, on January 31, 2024
Paytm calls reports of Adani Group chairman Gautam Adani looking to buy a stake in the digital payments firm 'speculative'
Loss widened due to impairment of ₹227 crore towards the carrying value of Paytm's investment in Paytm Payments Bank.
Shares of the Paytm parent One 97 Communications tank 5% to hit a record low of ₹317.45.
Paytm president and chief operating officer Bhavesh Gupta has decided to resign due to personal reasons.