New 55% Off on All Courses - Enroll Now! Click Here

    Question

    Reliance Industries has acquired a majority stake of

    79.4% in___________based SenseHawk Inc through primary infusion and secondary purchase, for $ 32million?
    A UK Correct Answer Incorrect Answer
    B US Correct Answer Incorrect Answer
    C Canada Correct Answer Incorrect Answer
    D Australia Correct Answer Incorrect Answer
    E Ireland Correct Answer Incorrect Answer

    Solution

    Reliance Industries has acquired a majority stake of 79.4% in US-based SenseHawk Inc through primary infusion and secondary purchase, for $ 32million. SenseHawk, which was founded in 2018, is an early-stage developer of software-based management tools for the solar energy generation industry. SenseHawk helps accelerate solar projects from planning to production by helping companies streamline processes and use automation. RIL is committed to revolutionize the Green Energy sector and has a vision to enable 100 GW of solar energy by 2030.

    Practice Next