2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which United States company has become the 9th investors respectively in the Jio Platforms, as the latter has sold 0.39% stake for Rs 1, 894.50 crore?
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AmerisourceBergen
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L Catterton
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Wells Fargo
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Cardinal Health
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Explanation:
Detailed explanation-1: -“Intel Capital will invest Rs 1, 894.50 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.
Detailed explanation-2: -This is touted to be one of the largest investments of Google in an Indian company. With this transaction, the Google-Jio collaboration hopes to develop ‘an entry-level affordable smartphone’ with optimisations to the Android operating system and the Play Store.
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