Search:



The Web

Rediff









Home > Business > Quiz

Mergers and Acquisitions

Which UK firm did Dr Reddy's buy in 2002?
Take the Rediff Biz Quiz and find out how much you know about India Inc's merger and acquisition operations.

Biz Quiz is best viewed in Internet Explorer (IE) and Netscape above version 6.0.

1. Which UK company did Dr Reddy's Laboratories buy as part of a two-company acquisition in 2002?
a) BMS Laboratories
b) CP Pharmaceuticals
c) NerveWire

2. How many acquisitions has Wipro made till today?
a) 1
b) 3
c) 4

Wrong! Try again..
Wrong! The correct answer is 4.
Wipro Technologies has made four acquisitions till date spanning a wide range of service lines. In Business Process Outsourcing and call centres, it snapped up Spectramind for over $5 million. Its other acquisitions include American Management Systems, a company with expertise in niche products and services, for $26 million, Ericsson's research and development unit for an undisclosed amount and Nervewire for $18.7 million.
Correct!
Wipro Technologies has made four acquisitions till date spanning a wide range of service lines. In Business Process Outsourcing and call centres, it snapped up Spectramind for over $5 million. Its other acquisitions include American Management Systems, a company with expertise in niche products and services, for $26 million, Ericsson's research and development unit for an undisclosed amount and Nervewire for $18.7 million.

3. Which mutual fund did Franklin Templeton Mutual Fund acquire in 2002?
a) Zurich India
b) Jardine Fleming
c) Pioneer ITI

Wrong! Try again..
Wrong! The correct answer is Pioneer ITI.
The largest buyout in the domestic mutual fund industry it catapulted Franklin Templeton to the number one position - both in terms of equity and debt funds - at $ 1.7 billion. Templeton bought the company after pipping its nearest rivals Prudential of the US and American Insurance Group (AIG). Franklin Templeton then had assets of more than Rs 4,000 crore (Rs 40 billion) in India spread over 10 funds, while Pioneer ITI had assets of over Rs 4100 crore (Rs 41 billion).
Correct!
The largest buyout in the domestic mutual fund industry it catapulted Franklin Templeton to the number one position - both in terms of equity and debt funds - at $ 1.7 billion. Templeton bought the company after pipping its nearest rivals Prudential of the US and American Insurance Group (AIG). Franklin Templeton then had assets of more than Rs 4,000 crore (Rs 40 billion) in India spread over 10 funds, while Pioneer ITI had assets of over Rs 4100 crore (Rs 41 billion).

4. Which company did Reliance Infocomm buy recently?
a) Flag Telecom
b) Worldcomm
c) Shyam Telecom

Wrong! Try again..
Wrong! The correct answer is Flag Telecom.
In its first overseas acquisition, the Reliance group bought the US-based Flag Telecom for $211 million (roughly Rs 950 crore). The Flag acquisition is so far the largest overseas acquisition by any Indian company. Reliance will get access to Flag's customers, numbering over 180 and who are among the world's leading telecommunications and Internet companies. Reliance had initially offered $207 million for Flag but weeks later raised its offer to $211 million when Pivotal, a private equity investor, put in a higher bid of $220 million. Despite a third bid, Flag chose to go with Reliance.
Correct!
In its first overseas acquisition, the Reliance group bought the US-based Flag Telecom for $211 million (roughly Rs 950 crore). The Flag acquisition is so far the largest overseas acquisition by any Indian company. Reliance will get access to Flag's customers, numbering over 180 and who are among the world's leading telecommunications and Internet companies. Reliance had initially offered $207 million for Flag but weeks later raised its offer to $211 million when Pivotal, a private equity investor, put in a higher bid of $220 million. Despite a third bid, Flag chose to go with Reliance.

5. Which bank merged with ICICI Bank in 2001?
a) Bank of Madura
b) Travancore Bank
c) Canara Bank

Wrong! Try again..
Wrong! The correct answer is Bank of Madura.
In March 2001, Bank of Madura merged with ICICI Bank to turn the later into India's largest private sector banks with combined assets of Rs 17,327 crores (Rs 173.27 billion) and total deposits of Rs 13,460 crores (Rs 134.6 billion) as on December 31, 2000.
Correct!
In March 2001, Bank of Madura merged with ICICI Bank to turn the later into India's largest private sector banks with combined assets of Rs 17,327 crores (Rs 173.27 billion) and total deposits of Rs 13,460 crores (Rs 134.6 billion) as on December 31, 2000.

Previous Quizzes
What was Bajaj Auto first called?
Which firm owns GoldSpot brand?
Which company owns Pizza Hut?
How many interim budgets were presented in the 1990s?
Which is India's 2nd largest bank?
More Quizzes

Tell us what you think of this Quiz

Compiled by: Priya Ganapati 



Article Tools
Email this article
Top emailed links
Print this article
Write us a letter
Discuss this article


Related Stories


UTI MF eyeing more buyouts

How MFs beat the Street in 2003










Share your comments







Copyright © 2005 rediff.com India Limited. All Rights Reserved.