Adani and One97 Communications Break Silence: No Stake Purchase in Paytm, Despite Reports from Times of India
Mumbai, India – Adani Group and Paytm’s parent company, One 97 Communications, have both refuted a recent media report suggesting that Adani was considering acquiring a stake in the Indian fintech company. The Times of India had reported that Gautam Adani was in talks to buy a stake in Paytm, but One 97 Communications dismissed the claim as “speculative” and stated that no discussions were ongoing. The alleged meeting between Paytm’s founder and CEO, Vijay …