India Digest: Paytm Postpaid to move loan book to Clix; Brookfield eyes Suzlon stake

India Digest: Paytm Postpaid to move loan book to Clix; Brookfield eyes Suzlon stake

Canada-based firm is looking to add to the $2 billion asset base it has built in the country over the last five years. Image sourced from Brookfield Investment Management website

The M&A activity in India is hotting up with action. While Vijay Shekhar Sharma-promoted Paytm unit Paytm Postpaid is reportedly transferring its loan book to Clix Capital, Canadian investor Brookfield is looking to acquire a majority stake in Tulsi Tanti-promoted Suzlon Energy.