Multiple choice

Which of the following companies in 2008, bought an 11.4% equity stake in Australia's Geodynamics, a geothermal energy company for $44.10 million (about Rs 165 crore)?

  1. Tata Steel

  2. Tata Power

  3. Tata Communication

  4. RIL

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

In 2008, Tata Power acquired an 11.4% stake in the Australian geothermal energy firm Geodynamics as part of its strategy to expand into renewable energy sources.