Investment funds of which group indirectly control Rasmalai Limited?
- A.Advent International, L.P.
- B.Blackstone Group
- C.Temasek Holdings
- D.Brookfield Asset Management
Correct answer
Explanation
The correct answer is Advent International, L.P. The acquirer is indirectly controlled by investment funds that are managed or advised by Advent International and its affiliates, which is how a global private equity platform takes a position in an Indian company through a holding entity registered abroad. Options B, C and D name three other large global investors, each active in Indian deals, and they are included precisely because the names are familiar; none of them, however, is the group named in this transaction. The rest of the deal is worth revising alongside the name: the target is Yatharth Hospital & Trauma Care Services Limited, it runs super-specialty hospitals with diagnostics and advanced medical procedures, and the clearance came from the Competition Commission of India on 14 November 2026.
Read the full article: CCI Clears Rasmalai Stake Buy in Yatharth Hospital Chain
Practice Questions
Which regulator approved the acquisition of certain shareholding of Yatharth Hospital & Trauma Care Services Limited?
- A.Securities and Exchange Board of India
- B.Reserve Bank of India
- C.Competition Commission of India
- D.Insurance Regulatory and Development Authority of India
Show answer
The Commission is the authority that examines proposed combinations, that is mergers, amalgamations and acquisitions above the prescribed limits, and decides whether they would hurt competition in the relevant market.
Read the full explanation →Rasmalai Limited, the acquirer in the deal cleared by the CCI, is incorporated in which country?
- A.Singapore
- B.Mauritius
- C.Cyprus
- D.The Netherlands
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Rasmalai Limited is an entity incorporated there, its principal activity is holding investments, and it has no activities or presence in India at present.
Read the full explanation →What export figure for October was described as an all time high at the fair?
- A.Nearly 60 billion dollars
- B.Nearly 75 billion dollars
- C.Nearly 90 billion dollars
- D.Nearly 120 billion dollars
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Speaking at the opening of the fair, the Commerce and Industry Minister said the country had posted its highest ever monthly export total in October, made up of roughly 50 billion dollars of merchandise and about 40 billion dollars of services.
Read the full explanation →How many startups are being showcased in the Hall of Inspiration at the 45th IITF?
- A.300
- B.450
- C.600
- D.750
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The Hall of Inspiration was described as a major attraction of this edition, and it puts 600 startups and their innovations before visitors.
Read the full explanation →Where was the 45th India International Trade Fair 2026 inaugurated?
- A.Pragati Maidan Hall 7
- B.Bharat Mandapam, New Delhi
- C.Yashobhoomi, Dwarka
- D.India Expo Centre, Greater Noida
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The Union Minister of Commerce and Industry opened the 45th India International Trade Fair at Bharat Mandapam, and the same venue is the one the government says it will expand in a fresh phase that nearly doubles the exhibition space on offer.
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