Start learning 50% faster. Sign in now
Ultra Tech Cement Limited, part of the Aditya Birla group, agreed to purchase a 32.72% additional stake in India Cements for Rs 3,954 crore at Rs 390 per share on 28th July 2024. This acquisition will increase UltraTech's total stake to 55.49%, making India Cements a subsidiary of UltraTech. The acquisition price was 4.1% higher than the closing share price of India Cements on 26th July 2024.
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...
Who among the following is not one of the eligible beneficiaries of PMUY?
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented ...
Which of the following statements about Prompt Corrective Action is/are True?
I- Prompt Corrective Action F...
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...