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While residents in the country are unable to create OpenAI accounts to access the artificial intelligence-powered (AI) chatbot, virtual private networks and foreign phone numbers are helping some bypass those restrictions.
Shares of the company fell as much as 8.8% to 528 rupees in afternoon trading, and was last down 5.8% as of 3:00 p.m. IST.
Jack Ma-led Alibaba and Ant Financials have exited Paytm E-commerce Pvt Ltd, the parent entity of Paytm Mall.
Paytm made its stock market debut on Thursday.
China is discovering the merits of 'common prosperity' by demolishing mammoth enterprises and imposing state control over the vital sectors of the economy.
Paytm's $2.2 billion IPO is facing an unusual hurdle - a 71-year-old former director has urged India's markets regulator to stall the offering, alleging he is a co-founder who invested $27,500 two decades ago but never got shares.
The total number of unicorns worldwide is 708 with a valuation of $ 2319 billion. Chinese company Bytedance, the parent company of TikTok, is the most valuable startup in the world with a valuation of $140 billion.
The town of Rajgir is host to many events that are considered to be important in the history of the country.
As China's top market watchdog began investigation into alleged anti-competition practices by the e-commerce giant Alibaba, the country also laid out "rectification plan" for Ma's fintech venture Ant Group.
Paytm, which is also backed by SoftBank Group Corp among others, was valued at about $16 billion during its latest private fundraising round a year ago. At that valuation, Ant's stake in the Indian firm is worth about $4.8 billion.
