WION Business Wrap | Paytm’s rising competition, Toyota’s recent profits and more
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Paytm, India's leading digital payments platform, faces regulatory hurdles, allowing retail giants Walmart and Google to make inroads into the market. Toyota has revised its profit forecast upwards following strong earnings in the October to December quarter. Nintendo has increased its sales forecast for the Switch console. Paytm's CEO met with the Finance Minister to discuss the Reserve Bank of India's restrictions. Europe grapples with Chinese solar panel imports and their impact on local manufacturers. DBS Group reported record profits but its CEO's pay was slashed due to digital banking disruptions. Honda is recalling 750,000 vehicles in the US due to an airbag defect. China is implementing measures to curb short-selling. Fox Corp, Disney, and Warner Bros Discovery plan to launch a joint sports streaming service. 

#Paytm #Walmart #Google #Toyota #Nintendo #ReserveBankOfIndia #Europe #DbsGroup #Honda #China #FoxCorp #Disney #WarnerBrosDiscovery

https://www.wionews.com/business-economy/wion-business-wrap-paytms-rising-competition-toyotas-recent-profits-and-more-687796