Falguni Nayar enters the Hurun Global Rich List 2022 as the richest new entrant from India with personal wealth amounting USD 4.9 Billion. India added 51 new billionaires in the list.
Brokerage firm Macquaire Research has written a note to its clients that PayTM's business model lacks 'focus and direction' and initiated coverage with an 'underperform rating'.