Paytm to ask shareholder nod for $1.6 billion sale of new stock
Digital payments startup Paytm will ask for shareholder permission to sell about $1.6 billion in new stock as part of what’s set to be India’s largest-ever initial public offering. The company wants to sell 120 billion rupees ($1.61 billion) in new shares plus a potential 1per cent for over-allotment, the company said in a notice … Read more