Paytm, in an official release, stated that the news item suggesting such an acquisition is speculative, baseless, and factually incorrect. The clarification from Paytm extends to its associate company, Paytm Payments Bank Limited, as well. According to the release, the payments bank has also not engaged in any negotiations related to the speculated acquisition by Mukesh Ambani.
In today’s business landscape, companies are now gravitating towards DaaS and computer leasing fixed-cost strategies as a means to maintain a lean fixed cost structure
Religare’s executive chairperson Dr. Rashmi Saluja, who has been pivotal in turning around its fortunes, may be unable to prevent a hostile takeover by the owners of Dabur