New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    _______  has got approval for the complete acquisition

    of Ohm Global Mobility Private (OHM) from OHM International Mobility for a nominal consideration of Rs 100,000 &  will invest up to Rs 300 crore as equity in OHM for operationalizing the company.
    A Tata Motors Correct Answer Incorrect Answer
    B Mahindra & Mahindra Correct Answer Incorrect Answer
    C Ashok Leyland Correct Answer Incorrect Answer
    D Hero MotoCorp Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ashok Leyland has got approval for the complete acquisition of Ohm Global Mobility Private (OHM) from OHM International Mobility for a nominal consideration of Rs 100,000. Ashok Leyland will invest up to Rs 300 crore as equity in OHM for operationalizing the company. E-MaaS (electric mobility as a service) contracts will be transferred to OHM subject to approvals.

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