Paytm rejects reports of Adani stake purchases as “speculative,” while stock increases
The parent company of Paytm, One97 Communication Ltd (OCL), has denied media reports implying that Gautam Adani, the head of the Adani Group, is thinking about buying a share in the massive digital payment startup. According to the sources, Adani and Paytm founder Vijay Shekhar Sharma had talks to seal a possible agreement. One97 Communications…
