Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.505)

505. 

DoT & SEBI approved Brookfield Infrastructure Partners proposal to which company?

[A]. Airtel
[B]. Vodafone
[C]. Idea
[D]. Reliance Jio

Answer: Option D

Explanation:

The Department of Telecommunications' (DoT) and The Securities and Exchange Board of India-SEBI(with certain clauses) has given approval to Reliance Jio Infocomm (RJio), to sell units worth Rs 25,215 crore in Tower Infrastructure Trust to Brookfield Infrastructure Partners L.P. It also approved a downstream foreign investment of Rs 105.35 crore to acquire remaining 49% paid up equity share capital in Reliance Jio Infratel Pvt Ltd (RJIPL) and increase the foreign capital in the firm to 100%

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