Paytm shares slide up to 10% after government dismisses MDR rumours
Shares of One 97 Communications, the parent company of Paytm, plunged nearly 10% on Thursday after the Finance Ministry rejected reports suggesting the return of merchant discount rate (MDR) charges on UPI transactions. Around 10:19 am, Paytm shares were trading 5.27% lower at Rs 909.85 on the Bombay Stock Exchange (BSE). However, the stock dropped…