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Jio Financial says not in talks to acquire Paytm’s wallet business

Reliance Industries-spin off Jio Financial Services said Monday evening that it is not negotiating with Paytm to acquire its wallet business, quashing “speculative” media reports as the Noida-headquartered firm scrambles to put out a fire from the central bank’s clampdown last week. The Hindu Businessline reported over the weekend that Paytm and Jio Financial Services […]
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Source: TECCRUCH

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