CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has been appointed as the CEO of Reliance Commercial Finance Ltd (RCFL)
A
V. N. Kaul
B
Chhaya Virani
C
Sam Ghosh
D
Devang Mody
Explanation: 

Detailed explanation-1: -MUMBAI: Reliance Commercial Finance (RCFL), a subsidiary of Anil Ambani-run Reliance Capital on Tuesday said Devang Mody will take over as the new CEO of the company. Mody will take over from . K V Srinivasan, who is moving to an advisory role in the group.

Detailed explanation-2: -Top Management Profile, Dhananjay Tiwari is the CEO of Reliance Capital Limited.

Detailed explanation-3: -Authum Investment and Infrastructure on Friday acquired debt-ridden Reliance Commercial Finance Limited (RCFL) for Rs 1 crore.

Detailed explanation-4: -Hinduja Global has revised its offer from Rs 8, 110 crore to approximately Rs 9, 500 crore, which includes a cash component of Rs 8, 800 crore.

Detailed explanation-5: -RIL shareholders will get one equity share of Jio Financial Services for every one share of Reliance Industries enabling upfront value unlocking.

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