Multiple choice

Spice Systems Ltd has decided to sell its 48.28 per cent stake to which of the following company.

  1. IBM

  2. HCL

  3. Mcorp global

  4. Hewlett Packard

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Spice Systems Ltd decided to sell its 48.28 per cent stake to Mcorp global as part of a corporate restructuring deal. This represented a significant ownership change in the IT services company during the consolidation phase of the Indian technology sector.