Samsung Electronics is set to lay off more than 200 executives across various functions in its Indian operations, according to reports. The decision comes in response to a slowdown in business growth and declining consumer demand, which have adversely affected the company's sales performance in the region.

At Paytm's 24th Annual General Meeting (AGM), CEO Vijay Shekhar Sharma provided an insightful overview of the company's progress and future directions, emphasizing India's leading role in the global payments and digital revolution. Sharma also took the opportunity to extend his gratitude to Prime Minister Narendra Modi for his support and recognition of India's QR innovation.

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