quiz 11oct

The Reliance Industries Limited (RIL) has acquired _________ percent of stake in the Chinese-owned REC Group, through its subsidiary Reliance New Energy Solar Ltd (RNESL)?

A) 80%B) 60%C) 70%D) 100% Explanation: Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (RIL), has acquired 100 percent shareholding of REC Solar Holdings AS (REC Group), a Chinese state-owned solar power company. RNESL has acquired the REC Group from China National Bluestar (Group) Co Ltd., for an Enterprise Value of $771 million.

The Reliance Industries Limited (RIL) has acquired _________ percent of stake in the Chinese-owned REC Group, through its subsidiary Reliance New Energy Solar Ltd (RNESL)? Read More »

Iran’s first president, Abolhassan Banisadr, dies in Paris at 88

Iran’s first president, Abolhassan Banisadr, dies in Paris at 88

 Abolhassan Banisadr, Iran’s first president after the country’s 1979 revolution, has died in Paris, where he lived for decades after fleeing his country. He was 88. He was elected president in 1980, Banisadr was impeached 16 months after taking office for challenging the growing power of clerics. Banisadr then served as Iran’s minister of economics and

Iran’s first president, Abolhassan Banisadr, dies in Paris at 88 Read More »

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