Question

    Tata Electronics Pvt Ltd (TEPL) is acquiring Wistron's

    operations in India for $125 million, making it the first Indian company to manufacture Apple iPhones. What is the equivalent amount in Indian Rupees (Rs)?
    A Rs 75 crore Correct Answer Incorrect Answer
    B Rs 125 crore Correct Answer Incorrect Answer
    C Rs 500 crore Correct Answer Incorrect Answer
    D Rs 1,000 crore Correct Answer Incorrect Answer
    E Rs 2,000 crore Correct Answer Incorrect Answer

    Solution

    Tata Electronics Pvt Ltd (TEPL), the Tata Group’s manufacturing arm, is acquiring Wistron’s operations in India for $125 million (Rs 1,000 crore). That will make it the first Indian company to manufacture Apple iPhones.

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