Live News: Aramco eyes new investment in India; paytm ceo gives

Live News: Aramco eyes new investment in India; paytm ceo gives

Aramco had signed a non-binding letter of intent in August 2019 for a potential 20 percent stake in Reliance’s oil-to-chemical unit, valued at about $15 billion. Reliance said on Friday that the companies would walk out of the deal.

Paytm founder Vijay Shekhar Sharma employees urged To ignore the disappointing market debut of the Indian payments firm, which he compared to the challenges facing automaker Tesla after its public listing a decade ago, Reuters quoted sources as saying. Paytm shares fell for a second day on Monday, wiping nearly $7 billion off its listing valuation of $18.74 billion in one of the worst starts in the market for a large Indian company.

Supreme Court-appointed Committee on Agriculture Laws member Anil Ghanwat on Monday said the Indian economy will face a crisis if a law is enacted to guarantee the Minimum Support Price (MSP) for crops. He said this amid demands from farmers for a law on MSP, while he welcomed the government’s decision to withdraw three agriculture laws.



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