Mukesh Ambani’s Jio Financial Services eyeing the Paytm wallet business? The share price increased by more than 16%.

Mukesh Ambani's Jio Financial Services eyeing the Paytm wallet business The share price increased by more than 16%.

Jio Financial Services (JFS) shares rose more than 15% to a new high on Monday following a media report indicating that the company was among the frontrunners in acquiring Paytm’s wallet business. Jio Finance shares surged 16.25% to a record high of ₹295.00 on the BSE. Meanwhile, Paytm shares were trapped in a 10% downward … Read more