Paytm shares slide 5 per cent as Ant Financial offloads 4.1 per...

Dununu.com Dununu

Commandité

Paytm shares slide 5 per cent as Ant Financial offloads 4.1 per cent stake via block deal

RSS Feed Business

Posté

74

Paytm shares plunged 5% following reports that Ant Financial, a subsidiary of Alibaba Group, sold a 4.1% stake in the company through a block deal valued at approximately Rs 2,200 crore. This sale reduces Ant Group's holding to below 6%. The sell-off occurs amidst Paytm's efforts to achieve breakeven, despite reporting a net loss in Q4 FY25.

Read Full Article

Connectez-vous pour aimer, partager et commenter!

Salman faces heat over belly flash in viral concert video

Superstar Salman Khan has been facing harsh trolling online after an old concert video went...

Par 0 29

'His eyes would just go black': Cassie Ventura reveals chilling details of Diddy’s violent rages, 'freak-off' parties

Cassie Ventura recounted harrowing experiences of alleged abuse by Sean "Diddy" Combs during his...

Par 0 73

Is Canada's Alberta joining the US? Separatists release potential referendum question

Par 0 135

After freezing $2.2 billion, Trump administration slashes $450 million more from Harvard’s federal funding

The Trump administration has intensified its conflict with Harvard University, slashing an...

Par 0 135

When Sharmila revealed Rajesh Khanna's relationships impact

Sharmila Tagore revealed that despite their hit films together, Rajesh Khanna’s habit of...

Par 0 144