Economy
Paytm Founder's Entity Plans 4.98% Stake Sale in One97 Communications
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THE BRIEF
1
Resilient Asset Management B.V., the promoter entity of Vijay Shekhar Sharma, plans to sell up to 4.98% equity in One97 Communications through a block deal.
2
The Indian government approved 31 investment proposals worth ₹7,877 crore under the Electronics Component Manufacturing Scheme, expected to generate ₹82,243 crore in production.
3
Airtel Payments Bank announced a leadership transition, with Sunil Bharti Mittal stepping down as Non-Executive Chairman effective September 30, 2026, to be succeeded by Shabnam Sinha.