Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 552)
552.
Which company has decided to acquire about 25% stake in India's second largest telecom company Bharti Airtel's data centre business -Nxtra Data Ltd- for $235 million?
General Electric
Wal-Mart
Carlyle Group
General Motors
Answer: Option
Explanation:
American multinational private equity company Carlyle Group has decided to acquire about 25% stake in India's second largest telecom company Bharti Airtel's data centre business -Nxtra Data Ltd- for $235 million (about ?1,780 crore) through a company called Comfort Investments II, which is an affiliated entity of CAP V Mauritius Ltd., an investment fund managed and advised by affiliated firms of the Carlyle.
Discussion:
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