Bissoy.com
Doctors Medicines MCQs Q&A

The Competition Commission of India (CCI) has approved the acquisition by Tata Digital Limited of up to how much per cent of the total share capital of Supermarket Grocery Supplies Private Ltd (SGS)? 

The Competition Commission of India (CCI) has approved the acquisition by Tata Digital Limited of up to how much per cent of the total share capital of Supermarket Grocery Supplies Private Ltd (SGS)?  Correct Answer 64.3

The correct answer is 64.3%.

  • The Competition Commission of India (CCI) has approved the acquisition by Tata Digital Limited of up to 64.3% of the total share capital of Supermarket Grocery Supplies Private Ltd (SGS) and its sole control over Innovative Retail Concepts (IRC).
  • IRC runs BigBasket.
  • The proposed combination involves acquisition through a combination of primary and secondary acquisitions.

Related Questions

The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: In an interview with ETCIO.COM, Kuruvilla Markose, Chief Digital Officer of Titan shares his perspective on how technology is serving the company’s digital vision and the various initiatives that he is spearheading to hone the competitive edge of Titan. He is the first CDO to be appointed by the software conglomerate Tata Group. He is the man who has put the Titan’s digital transformation on fast-track. Which of the following arguments support the fact that Kuruvilla Markose has put Titan’s digital transformation on fast-track? Arguments: I. Markose is a man with a vision. He is the first CDO to be appointed by the software conglomerate Tata Group. He has spent his entire two decade long career in Tata Group. He has been in customer facing roles across different group companies.  II. His CDO role is horizontal and supports Titan’s myriad business lines: watches, jewellery, bags, perfumes wallets, and eye-wear. But the man and his words are grounded. Diny, as he is popularly known, is a man of measured speech and bearing. III. “Digital innovation”, according to Markose, is all about creating value for the customer. To him, customer centricity is the road to longevity in the digital age. Under his stewardship, Titan has launched a panoply of digital initiatives aimed at improving customer centricity.
In January 2021, the Competition Commission of India (CCI)  approved the acquisition of how much per cent shareholding of the Columbia Asia Hospitals (CAHPL) by Manipal Health Enterprises Private Limited (MHEPL)?
What is/are the following differences between private and public limited companies?
1. In a private limited company there is restriction on the number of members, where as no such restriction is applicable on a public limited company.
2. A private limited company can be listed on a stock exchange, where as a public limited company is always listed on a stock exchange.
3. A private limited company cannot issue debentures, whereas a public limited company can issue debentures.
CCI has approved the acquisition of how much per cent minority stake in Aditya Birla Fashion and Retail Ltd by Flipkart Investments Private Ltd.?
Competition Commission of India (CCI) has approved Zomato’s request to acquire approximately how much per cent stake in the online grocery platform Grofers India and its wholesale entity Hands on Trades?
The Competition Commission of India (CCI) has approved HDFC Bank's acquisition of how much per cent shareholding in HDFC ERGO General Insurance Company Limited?
The Competition Commission of India (CCI) has given its nod for whose acquisition of 96.42 per cent stake in Jindal Power Limited (JPL) from Jindal Steel and Power Ltd (JSPL) in 31 December 2021?
The Competition Commission of India (CCI) has approved the acquisition of how much per cent stake in Jio Platforms by Jaadhu Holdings LLC?
The Competition Commission of India (CCI) has approved the acquisition of Indiabulls Asset Management Company Limited and Indiabulls Trustee Company Limited by which of the following?
The Competition Commission of India (CCI) has approved the acquisition of majority stake in SMW Ispat Private Limited by which of the following?