Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.468)

468. 

Which Industry acquired Future Group for Rs.24,713 crore?

[A]. TATA
[B]. Reliance
[C]. Mahindra
[D]. Suzuki

Answer: Option B

Explanation:

On 30th August 2020, The Reliance Retail Ventures Limited(RRVL), subsidiary of the Reliance Industries Limited(RIL) acquired the retail and wholesale, logistics and warehousing business of the Future Group Business as going concerns on a slump sale basis for lump sum aggregate consideration of Rs 24,713 crore

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