Current Affairs - Business

Exercise : Business - Latest Current Affairs
  • Business - Latest Current Affairs
226.
With whom has Tata Motors partnered to enhance dealer financing options?
Tata Capital
HDFC Bank
ICICI Bank
Bajaj Finance
Answer: Option
Explanation:
Tata Motors has partnered with Bajaj Finance to offer financing programs for their authorized passenger and electric vehicle dealers. This collaboration aims to streamline financing options and support the business operations of these dealers, providing them with financial capital to capitalize on opportunities in the growing passenger vehicles market.

227.
Which company is planning a $700 million investment in chipmaking and seeking incentives from the Government of India?
Infosys
Zoho
TCS
Wipro
Answer: Option
Explanation:
Zoho, an Indian software firm headquartered in Tamil Nadu, is planning a significant $700 million investment in chipmaking. Seeking incentives from the Government of India, Zoho aims to manufacture compound semiconductors with specialized commercial applications, utilizing alternatives to silicon.

228.
By which year is India's internet economy estimated to reach $1 trillion?
2025
2030
2035
2040
Answer: Option
Explanation:
Industry experts predict that India's internet economy will reach $1 trillion by 2030, driven primarily by the booming e-commerce sector expected to grow from $60 billion in FY2023 to $325 billion.

229.
Which company plans to invest Rs 600 crore in two Ethanol Plants?
Reliance Industries
Bharat Petroleum Corporation Limited
Indian Oil Corporation
Nayara Energy
Answer: Option
Explanation:
Nayara Energy intends to invest Rs 600 crore in establishing ethanol manufacturing plants in Andhra Pradesh and Madhya Pradesh. This initiative aligns with the government's target of achieving 20% ethanol blending by FY26, showcasing the company's commitment to sustainable energy practices.

230.
Which company is planning a ₹26,000 crore investment in its automotive business over the next three years?
Tata Motors
M&M
Maruti Suzuki
Hyundai Motors
Answer: Option
Explanation:
Mahindra & Mahindra Ltd, commonly known as M&M, is gearing up to invest ₹26,000 crore in its automotive business over the next three years. This investment will focus on developing new vehicles and enhancing production capacity, reflecting the company's ambitious growth plans.