Vijay Shekhar Sharma, founder and chief executive officer of One 97 Communications, is poised to purchase a 10.3 per cent stake in Paytm from Antfin (Netherlands) Holding BV, as the company notified the exchanges on Monday. According to the company’s regulatory filing, Sharma will acquire the stake in Paytm through his wholly-owned overseas… Continue reading Paytm founder set to acquire 10.3 per cent stake in the company from Antfin
Tag: founder
SC rejects YES Bank founder Rana Kapoor’s bail in money laundering case
The Supreme Court (SC) on Friday rejected bail plea of YES Bank’s founder Rana Kapoor in connection with a money laundering case, saying the case had “rocked the entire banking system”. The court also questioned why the Enforcement Directorate (ED) is taking so long to investigate the Rs 3,642-crore YES Bank scam. … Continue reading SC rejects YES Bank founder Rana Kapoor’s bail in money laundering case