2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Ritesh Malik
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Ramesh Chauhan
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Devendra Singh
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Suresh Kumar
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Detailed explanation-1: -Share: Tata Consumer Products Limited (TCPL) on Friday informed the stock exchanges that it has stopped any more negotiations with packaged drinking water brand Bisleri for its potential acquisition in a deal that was estimated to cost about Rs 6, 000-Rs 7, 000 crore.
Detailed explanation-2: -The Bisleri acquisition would have expanded its portfolio of bottled water brands in India. Tata Consumer is aggressive in the fast-moving consumer goods (FMCG) space and is aiming to be among the top three in the sector, particularly at a time when Reliance is looking for a strong footprint in the FMCG segment.
Detailed explanation-3: -Tata Consumer will acquire Ramesh Chauhan’s Bisleri International for an estimated Rs 6, 000-Rs 7, 000 crore, according to a report by The Economic Times.