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Adani Group eyes stake in One97 Communications, say reports; Paytm denies

One 97 Communications shares surged 5% after denying talks of selling stake to Adani. Adani Group may enter fintech industry with Paytm deal, competing with Google Pay and others. Paytm faces losses due to RBI ban on Paytm Payments Bank Ltd.

Paytm shares clarification on Adani stake acquisition report; stock reacts

Paytm: The Vijay Shekhar Sharma-led fintech major said the reports of Adani eyeing stake in the company are speculative and that the company is not engaged in any discussions in this regard.

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