Paytm rubbishes reports of Ant Group offloading 30% stake
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Chinese fintech giant Ant Group is considering selling its 30% stake in Indian digital payment giant Paytm amid border tensions and a toughening policy check in place. The Ant Group’s possible exit from Paytm would mark another reversal for the Chinese company hot on the heels of the dramatic suspension of its $37 Bn stock listing last month, which would have been the world’s largest.