Adani Group considering buying stake in Paytm?

Yesterday an article was published by Times of India which stated that “As per their souces,  Vijay Shekhar Sharma (the founder chairman, and managing director of One97 Communications ) met with Gautam Adani at the Adani Corporate House in Ahmedabad on Tuesday to finalise the contours of the deal of selling his stake to Gautam Adani.”

The link to the article published by TOI : https://timesofindia.indiatimes.com/business/india-business/adani-in-talks-with-vijay-shekhar-sharma-to-acquire-stake-in-paytm/articleshow/110509772.cms

So, is this news real /fake?

In response to this news, One 97 Communications issued a notice to the respective stock exchange’s that the news is ” news is speculative and the Company is not engaged in any discussions in this regard. “

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