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Discussion Forum : National - Latest Current Affairs (Q.No. 4910)
2020-05-23 National
4910.
Which Indian company has acquired a 10% stake in Adjaristsqali Netherlands BV from the International Finance Corporation for USD 150,000?
Reliance Industries Limited
Tata Power
Indian Oil Corporation
Infosys
Answer: Option
Explanation:
Tata Power announced that its subsidiary Tata Power International Pte Ltd(TPIPL) has acquired a 10% stake in Adjaristsqali Netherlands BV(ABV) from the International Finance Corporation for USD 150,000. The increase in stake has increased TPIPL's shareholding in ABV to 50%.
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