CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has resigned as the CEO of Reliance Capital
A
Bidhubhusan Samal
B
V. N. Kaul
C
Chhaya Virani
D
Sam Ghosh
Explanation: 

Detailed explanation-1: -Both Torrent and Hinduja Group have been outbidding each other in the first round of the ‘Challenge Mechanism’ taking a maximum bidding offer of ₹8, 640 crore for the acquisition of Reliance Capital.

Detailed explanation-2: -Reliance Capital was sent for debt resolution in November last year, after it defaulted on its debt worth Rs 24, 000 crore.

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

There is 1 question to complete.