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One97 Communications, parent of Paytm, has sought to take direct ownership of several tech and financial subsidiaries. It will acquire a 51.22 % stake in Paytm Financial Services Ltd from the founder, consolidating control over firms like Admirable Software, Urja Money, Mobiquest and Fincollect. The move aims to streamline structure and strengthen governance.
short by / 05:18 pm on 16 Oct
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