CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Where is the headquarters of Tata JV?
A
Kolkata
B
Chennai
C
Hyderabad
D
New delhi
Explanation: 

Detailed explanation-1: -Where is the global headquarters of Gulermak-Tata Projects JV? Global headquarters for Gulermak-Tata Projects JV is located in Mumbai, Maharashtra, India.

Detailed explanation-2: -Tata Precision Industries (India) Limited Set up in 1995, Tata Precision is a 50:50 joint venture between Tata Precision Industries Pte Ltd, Singapore, and Tata International. The business line includes precision metal and plastic parts for the engineering, wireless control and automobile sectors.

Detailed explanation-3: -It is a privately owned conglomerate of nearly 100 companies encompassing several primary business sectors, including: chemicals, consumer products, energy, engineering, information systems, materials, and services. Its headquarters are in Mumbai.

Detailed explanation-4: -Apple regained its crown as the world’s largest company by market capitalisation with a valuation 6 per cent and 13 per cent ahead of Saudi Aramco and Microsoft, respectively. Reliance Industries (at 58th position) and Tata Consultancy Services (69th spot) were the only two companies from India in the global list.

Detailed explanation-5: -Fiat-Tata is an India-based joint venture between Tata and Stellantis’ Fiat which produces Fiat and Tata branded passenger cars, as well as engines and transmissions.

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