Question
Which bank has acquired a minority stake in JSW Cement
Limited at an investment of ₹100 crore?Solution
The State Bank of India (SBI), India’s largest public sector bank, has acquired a minority stake in JSW Cement Ltd by investing Rs 100 crore via compulsorily convertible preference shares (CCPS). The conversion of such CCPS into common equity of the company will be linked to JSW Cement’s future business performance and valuation determined at the time of the proposed initial public offering (IPO) in the next year.
Who has acquired the title sponsorship rights for the domestic matches of the Indian cricket team?
Consider the following statements:
1. The Kyoto Protocol operationalizes the Convention on Biological Diversity (CBD).
2. The ...
Who is often referred to as the "Father of Geography"?
Which city in India will have a new Consul-General from Australia, as announced by Australian Prime Minister Anthony Albanese?
Who was recently sworn in as the 12th Governor of Jharkhand?
Which year did SEBI make BRSR mandatory for the top 1,000 listed entities by market capitalization?
The Indian Space Research Organisation (ISRO) recently announced the celebration of National Space Day. On which date will National Space Day be celebra...
Asia Cup 2023 will be hosted by _________________ .
Who inaugurated the first 'Global Symposium on Farmers' Rights' (GSFR) at the ICAR Convention Centre in New Delhi?
Among the following Universities, which University won the highest number of gold medals in the Khelo India University Games, held between May 25 to Jun...
Relevant for Exams:
