2018
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Rs.3, 000 crore
|
|
|
Rs.3, 700 crore
|
|
|
Rs.4, 000 crore
|
|
|
Rs.4, 200 crore
|
Detailed explanation-1: -The deal was struck at an enterprise valuation of Rs 4, 200 crore ($580 million at current exchange rates), The Economic Times reported, citing two industry executives it didn’t name. Samara will have a 51% stake in More while Amazon will hold the balance 49%, the report said.
Detailed explanation-2: -Amazon.com Inc and Indian private equity firm Samara Capital have bought Aditya Birla Group’s food and grocery retail chain ‘More’ for an enterprise value of around Rs 4, 200 crore.
Detailed explanation-3: -Louis Philippe, Van Heusen, Allen Solly, Peter England, Pantaloons, Jaypore, Shantanu & Nikhil, Van Heusen lnnerwear, Forever 21, Simon Carter Brand, AMERICAN EAGLE, Ted Baker London, The Collective [largest multi retail brand], Polo Ralph Lauren and Hackett London are the products of Aditya Birla fashion.
Detailed explanation-4: -UPSC Mains Notes: More Mega Store is a retail store brand of Aditya Birla Retail Limited.