2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which company will sell its urea business to Yara Fertiliser for Rs 2670 crore as part of value unlocking by the company.
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Biocon India
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CICO Technologies Ltd.
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Golcha Group
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Tata Chemicals
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Explanation:
Detailed explanation-1: -NEW DELHI: Tata Chemicals Limited on Wednesday announced that it will sell its business of sale and distribution of urea and customised fertilizers manufactured at Babrala, Uttar Pradesh, to Yara Fertilisers India Private Limited for a consideration of Rs 2, 670 crore.
Detailed explanation-2: -#1 Chambal Fertilisers & Chemicals It’s the largest manufacturer of urea in the private sector with an installed capacity of 1.5 m tonnes per annum (MTPA).
Detailed explanation-3: -Yara is largely owned by the Norwegian government, which has over 40% of its shares.
Detailed explanation-4: -Tata Urea (Diesel Exhaust Fluid ), Chemical Grade, Packaging Size: 20 Litre at Rs 680/kg in Prayagraj.
There is 1 question to complete.