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One97 Communications, which runs Paytm, is set to see increased revenue growth in the second quarter of 2024. However, its losses are likely to widen to Rs 660 crore. Despite this, losses should decrease from the previous quarter due to growth in payment services to merchants and financial services.
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It is also proposed that under-21s could lose their licences for not wearing a seatbelt.
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If you are investing in the high growth sectors, you can expect a 20% earnings growth. But if you are going to be a diversified investor with a large amount of mid and smallcaps, then you should be prepared about earnings disappointment in that space as well.
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