Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 4375)

2020-08-23 National

4375.

Who approved 100% proposed acquisition of C&S Electric Limited by Siemens Limited?

CCI

RBI

TPDL

Reliance

Answer: Option

Explanation:

The Competition Commission of India (CCI) has approved 100% proposed acquisition of the share capital of the Indian Operations of C&S Electric Limited (C&S) by Siemens Limited (Siemens India). For this purpose, Siemens Ltd has signed an agreement with C&S in January 2020.