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      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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