Home / Current Affairs / Business :: Discussion

Discussion :: Business

  1. Which company has decided to acquire about 25% stake in India's second largest telecom company Bharti Airtel's data centre business -Nxtra Data Ltd- for $235 million?

  2. A.
    General Electric
    B.
    Wal-Mart
    C.
    Carlyle Group
    D.
    General Motors

    View Answer

    Workspace

    Answer : Option C

    Explanation :

    American multinational private equity company Carlyle Group has decided to acquire about 25% stake in India's second largest telecom company Bharti Airtel's data centre business -Nxtra Data Ltd- for $235 million (about ?1,780 crore) through a company called Comfort Investments II, which is an affiliated entity of CAP V Mauritius Ltd., an investment fund managed and advised by affiliated firms of the Carlyle.


Be The First To Comment