GIC, Singapore, has launched a new platform in India to fund smart metering projects in the country with a capital outlay of $2 billion.GIC will hold a _______ stake; the balance will be Genus.
GIC, Singapore, has launched a new platform in India to fund smart metering projects in the country. The leading global investment firm has joined hands with Genus Power Infrastructures (Genus), a leading metering company, to set up the platform. GIC will hold a 74 percent stake; the balance will be Genus.The partners have committed to an initial pipeline with a capital outlay of $2 billion, and Genus would be the exclusive supplier to the platform for smart meters and associated services.
The convention of Prudence when applied to the balance sheet results
Which of the following was/were the reason/reasons for the lack of economic development in India in the 19th century?
1. Officially the British...
Consider the following statements with respect to the Union Council of Ministers
1. Functions of the council of ministers are determined by th...
Which of the following is/are Fundamental duty/duties incorporated in the constitution of India by the 42nd constitutional amendment act?
1. ...
Depreciation of fixed assets is an example of
How does the National Rural Livelihood Mission seek to improve the livelihood options of the rural poor?
1. By setting up a large number...
What are the qualifications laid down by the Constitution for appointment of the governor?
1. He should not belong to the state to which he is...
Average speed of ‘A’ during a 24-hour journey is 38 km/h. If he covered the first 120 km of his journey at a speed of 20 km/h, then find the speed a...
What is the minimum period of continuous service required for an employee to become eligible for gratuity under the Payment of Gratuity Act 1972?
In a train, 40% of the passengers are females. Out of total number of passengers, 60% have unreserved tickets out of which 20% are females. How much per...
