Internal restructuring of TVS Group

Internal restructuring of TVS Group

Question : On which date has a nod been given by fair trade regulator ‘CCI’ for internal restructuring of TVS group ?
a. 11 October 2021
b. 15 October 2021
c. 18 October 2021
d. None of the above
Ans. a.
Related facts —

  • Fair trade regulator ‘CCI’ has recently(11 October 2021) gave a nod for internal restructuring of the TVS Group.
  • T V Sundram Iyengar & Sons Private Limited, established in 1911 is the parent company of the TVS Group and is a leading automobile company in India.
  • TVS Group is an Indian multinational conglomerate company with its principal headquarters in Madurai and international headquarters in Chennai.

Link:
https://economictimes.indiatimes.com/news/company/corporate-trends/internal-restructuring-of-tvs-group-gets-cci-nod/articleshow/86940727.cms