Study the following information carefully and answer the questions given below:
Kevin, Henry, Tanya, Rick, Susan, Jesse, Tailor, and Jim are eight persons. Each of them visits different cities, which are Dispur, Bangalore, Mumbai, New Delhi, Bhopal, Odisha, Chennai, and Jaipur. Each of them has a different choice of cuisine-Assyrian, Gujarati, Punjabi, Chinese, Thai, Garhwali, South Indian, and Continental but not necessarily in the same order.
(i) Kevin, who likes South Indian, visits neither Jaipur nor Bhopal.
(ii) Henry visits New Delhi and does not like either Assyrian or Punjabi.
(iii) The one who visits Dispur likes Chinese.
(iv) The one who likes Continental visits Bangalore and the one who visits Chennai likes Gujarati.
(v) Jim doesn’t like Thai.
(vi) Susan and Jesse like Gujarati and Garhwali, though not necessarily in the same order.
(vii) Rick likes Continental.
(viii) Tailor visits Odisha and doesn’t like Assyrian.
(ix) The one who visits Bhopal likes Garhwali.
(x) Tanya doesn’t visit Jaipur.
(xi) The one who visits Mumbai doesn’t like either Punjabi or Thai.
Q. Who among of the following visits Jaipur?
If in the word ‘EXPANSION’ all the vowels are first arranged alphabetically and then all the consonants are arranged alphabetically and then all the vowels are replaced by the previous letters and the consonants are replaced by the next letters from the English alphabet. Which letter will be third from the left end?
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Study the following information carefully and answer the questions given below:
Kevin, Henry, Tanya, Rick, Susan, Jesse, Tailor, and Jim are eight persons. Each of them visits different cities, which are Dispur, Bangalore, Mumbai, New Delhi, Bhopal, Odisha, Chennai, and Jaipur. Each of them has a different choice of cuisine-Assyrian, Gujarati, Punjabi, Chinese, Thai, Garhwali, South Indian, and Continental but not necessarily in the same order.
(i) Kevin, who likes South Indian, visits neither Jaipur nor Bhopal.
(ii) Henry visits New Delhi and does not like either Assyrian or Punjabi.
(iii)The one who visits Dispur likes Chinese.
(iv) The one who likes Continental visits Bangalore and the one who visits Chennai likes Gujarati.
(v) Jim doesn’t like Thai.
(vi) Susan and Jesse like Gujarati and Garhwali, though not necessarily in the same order.
(vii) Rick likes Continental.
(viii) Tailor visits Odisha and doesn’t like Assyrian.
(ix) The one who visits Bhopal likes Garhwali.
(x) Tanya doesn’t visit Jaipur.
(xi) The one who visits Mumbai doesn’t like either Punjabi or Thai.
Q. Which of the following combinations is definitely correct?
Study the following information to answer the given questions:
Eight cars P, Q, R, S, T, U, V and W are parked around the square parking area. Four cars are parked on the corners while four are parked on the middle of the sides. Equal number of cars face towards and away from the center. Not more than two adjacent cars face in the same direction.
Car P is not opposite to car S. Car T is second to the right of car P and both face in same direction. Car V is not adjacent to car U. Two cars are parked between car T and car U, which is parked on the corner. Car Q is opposite to car W. Car P and car U are not adjacent to each other. Car Q and car T face in same direction. Immediate neighbours of car P face in same direction. Car S does not face towards the center. Car U and car R are immediate left of each other.
Q. Four are the same in a certain way thus forms a group. Which among the following does not belong to the group?
In each of the questions below are given some statements followed by some Conclusions. You have to take the given statements to be true even, if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.
Statements:
Only Gun is Bullet
Only a few Guns are Real
All Real are mouser
No Mouser is Trigger
Conclusions:
I) All Bullet are Mouser
II) No Trigger is a Gun
III) Some Guns are Mouser
Study the following information to answer the given questions:
Eight cars P, Q, R, S, T, U, V and W are parked around the square parking area. Four cars are parked on the corners while four are parked on the middle of the sides. Equal number of cars face towards and away from the center. Not more than two adjacent cars face in the same direction.
Car P is not opposite to car S. Car T is second to the right of car P and both face in same direction. Car V is not adjacent to car U. Two cars are parked between car T and car U, which is parked on the corner. Car Q is opposite to car W. Car P and car U are not adjacent to each other. Car Q and car T face in same direction. Immediate neighbours of car P face in same direction. Car S does not face towards the center. Car U and car R are immediate left of each other.
Q. How many cars are between car U and car T, when counted from right of car T?
In each of the questions below are given some statements followed by some Conclusions. You have to take the given statements to be true even, if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.
Statements:
Very few Toys are Dolls
Only a few Dolls are Car
No Truck is Car
Conclusions:
I. All Dolls can be Car
II. Some Car being Toys is a possibility
III. Some Toys are Truck
Study the given information carefully and answer the following questions:
In a family of 9 members i.e. Q, R, S, T, U, V, W, Y and Z there are three generations and two married couples. R is sister of W who is unmarried man. Q has no sister. Z is the daughter-in-law of Q, who is the sister-in-law of R. S is the nephew of R. Y has only one child. T is the maternal aunt of V who is grandson of Y. U is father of T.
Q. Who is Q in relation to V?
In each of the questions below are given some statements followed by some Conclusions. You have to take the given statements to be true even, if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.
Statements:
Only Giraffe is Dogs
Only a few Rat are Camel
No Camel is a Cat
Some Cat are Giraffe
Conclusions:
I. Some Giraffe are not Camel
II. Some Camel can be Giraffe
III. Some Dogs can be Cat
Study the following information carefully and answer the questions given below.
8 boxes – A, B, C, D, E, F, G and H which are of different color Blue, Black, Green, Yellow, Purple, Pink, Red, and Brown arranged from bottom to top but not necessarily in the same order.
Box F is placed immediately above the blue color of the box. Three boxes are placed between the black color and green color of the box. Box H which is of green color is placed immediately above C. Number of boxes above the box B is the same as the number of boxes below box D. Box A which is of brown color is placed 2 boxes below box B. Box C which is of pink color placed on bottom-most position. Only one box is placed between the blue color of the box and the purple color of the box which is placed below blue box. Neither box B nor F is the purple color of the box. Box G is placed below box E. The red color of the box is placed above the yellow color of the box.
Q. What is the color of box D?
Study the following information carefully and answer the given question.
Eight-person A, B, C , D, E, F, G and H are sitting around a circular table in a meeting. Some are facing the centre while some are facing outside the centre. They also work in different companies viz. Wipro, Glenmark, Google, Bank of America, Infosys, IBM, Yahoo and Facebook.
A sits third to the right of C. There is one person sitting between A and B. D sits fourth to right of B. The person who works with Google sits second to the right of D. A does not work with Google. Three persons sit between the person who works with Google and Facebook. The person who works with Wipro sits second to the right of the person who works with Facebook. D does not work with Wipro. The person who work with IBM sits third to the right of the person who work with Wipro. C work with IBM. There are two people sitting between D and E. There are three people sitting between the person who work with Infosys and Bank of America. E does not work with Infosys or Bank of America. There is one person sitting between the person who work with Bank of America and Glenmark. The person who work with Google sits third to the right of the person who work with Glenmark. The person who work with Yahoo sits third to the right of the person who work with Bank of America. G sits fourth to right of the person who work with Infosys. F is not the immediate neighbour of G. The person who work with Infosys sits third to the left of the person who work with Google and both faces the same direction.(Same direction means if one faces centre then other also faces the centre and vice-versa). E faces opposite the centre. A work with Facebook
Q. Who among the following works with Google?
In the following question assuming the given statements to be True, find which of the conclusion among given conclusions is/are definitely true and then give your answers accordingly.
Statements: T = V < U ? X; V ? S; H > U
Conclusions:
I. S ? T
II. X < H
Study the following information carefully and answer the given question.
Eight-person A, B, C, D, E, F, G and H are sitting around a circular table in a meeting. Some are facing the centre while some are facing outside the centre. They also work in different companies viz. Wipro, Glenmark, Google, Bank of America, Infosys, IBM, Yahoo and Facebook.
A sits third to the right of C. There is one person sitting between A and B. D sits fourth to right of B. The person who works with Google sits second to the right of D. A does not work with Google. Three persons sit between the person who works with Google and Facebook. The person who works with Wipro sits second to the right of the person who works with Facebook. D does not work with Wipro. The person who work with IBM sits third to the right of the person who work with Wipro. C work with IBM. There are two people sitting between D and E. There are three people sitting between the person who work with Infosys and Bank of America. E does not work with Infosys or Bank of America. There is one person sitting between the person who work with Bank of America and Glenmark. The person who work with Google sits third to the right of the person who work with Glenmark. The person who work with Yahoo sits third to the right of the person who work with Bank of America. G sits fourth to right of the person who work with Infosys. F is not the immediate neighbour of G. The person who work with Infosys sits third to the left of the person who work with Google and both faces the same direction.(Same direction means if one faces centre then other also faces the centre and vice-versa). E faces opposite the centre. A work with Facebook.
Q. Who among the following sits third to the right of the person who work with Facebook?
Study the following information carefully to answer the given questions:
A ? B means A is to the right of B at a distance of 5m
A * B means A is to the north of B at a distance of 5m
A + B means A is to the left of B at a distance of 5m
A % B means A is to the south of B at a distance of 5m
Q. In X ? R % S ? Y, what is the position of Y with respect to X?
In each question, relationship between different elements is shown in the statements. The statements are followed by conclusions. Study the conclusions based on the given statement and select the appropriate answer. Give answer
Statements: P ? S ? C ? U; N ? S < G ; C ? M
Conclusion I. P ? N II.M < S
Read the following information carefully and answer the questions.
Ten people Tara, Manisha, Manya, Mohit, Kishor, Kiran, Riya, Nidhi, Sunil and Deepika are sitting on Pentagonal shaped table such a way that five people are sitting at the corner of the table, facing inside and remaining five people are sitting on the edges of the table facing outside. The people facing alternatively to each other.
Manya is sitting second to left of Sunil who is sitting immediate right of Tara.Only two persons are sitting between Mohit and Manisha who is sitting at corner of the table. Nidhi is sitting second to left of Manya who is facing outside the table. Riya and Deepika are sitting immediate left to each other. Sunil is sitting second to left of Mohit. Kishor is not a neighbour of Nidhi. Deepika is an immediate neighbour of Manisha.:
Q. How many persons are sitting between Kiran and Nidhi?
Study the following information carefully and answer the questions given below.
S is brother of P. N is mother of S. T is daughter of P. E is grandmother of T. N does not have married son.
Q. How is T related to S?
Read the following information carefully and answer the questions.
Ten people Tara, Manisha, Manya, Mohit, Kishor, Kiran, Riya, Nidhi, Sunil and Deepika are sitting on Pentagonal shaped table such a way that five people are sitting at the corner of the table, facing inside and remaining five people are sitting on the edges of the table facing outside. The people facing alternatively to each other.
Manya is sitting second to left of Sunil who is sitting immediate right of Tara.Only two persons are sitting between Mohit and Manisha who is sitting at corner of the table. Nidhi is sitting second to left of Manya who is facing outside the table. Riya and Deepika are sitting immediate left to each other. Sunil is sitting second to left of Mohit. Kishor is not a neighbour of Nidhi. Deepika is an immediate neighbour of Manisha.:
Q. Who is sitting between Sunil and Manya?
Read the following information carefully and answer the given questions.
P, Q, R, S, T and U are six friends. Each of them has different weights. Q is heavier than only R. T is lighter than only two people. U is not the heaviest. The difference between the weights of second heaviest and the third lightest person is 7 kg. P is heavier than T but is not the heaviest. The weight of P is 82 kg.
Q. Which of the following statement is definitely false if weight of R is 61 kg?
Read the following information carefully and answer the questions.
Ten people Tara, Manisha, Manya, Mohit, Kishor, Kiran, Riya, Nidhi, Sunil and Deepika are sitting on Pentagonal shaped table such a way that five people are sitting at the corner of the table, facing inside and remaining five people are sitting on the edges of the table facing outside. The people facing alternatively to each other.
Manya is sitting second to left of Sunil who is sitting immediate right of Tara.Only two persons are sitting between Mohit and Manisha who is sitting at corner of the table. Nidhi is sitting second to left of Manya who is facing outside the table. Riya and Deepika are sitting immediate left to each other. Sunil is sitting second to left of Mohit. Kishor is not a neighbour of Nidhi. Deepika is an immediate neighbour of Manisha
Q. Who is sitting immediate right of Manya?
Read the passage given below and answer the questions that follow by choosing the correct/most appropriate options:
Japan’s SoftBank and NewQuest Capital Partners are among investors seeking to sell shares of IPO-bound FirstCry in the secondary market, valuing the omnichannel baby products retailer in the range of $3.5-4 billion, according to several people in the know.
Masayoshi Son-led SoftBank, which is the biggest investor in the company with a 29% stake, wants to reduce its shareholding to less than 25%, another person aware of the matter said. The discussions are happening at a time the Pune-based company is looking to pare its foreign ownership while bringing in domestic private equity funding in the runup to filing its initial public offer (IPO) papers in the next few months. FirstCry has held talks with Mumbai-based private equity firm Kedaara Capital, asking it to participate in the second round, multiple people said on condition of anonymity.Sources privy to the developments said the company is “planned to file its draft red herring prospectus (DRHP) very soon”."This is akin to a pre-IPO deal which will set the price for the company and ideally they want to bring on board domestic funds," one of the persons told ET. The person cited the example of Premji Invest — the family investment vehicle of Wipro founder chairman Azim Premji — which had upped its stake during (FirstCry’s) previous secondary round when the National Investment and Infrastructure Fund’s proposed investment fell through. FirstCry, which is a vertical eCommerce platform, is currently valued at around $2.7 billion, which was ascribed to it earlier this year when Premji bulked up its ownership via a secondary share deal in April. According to a person aware of the matter, Premji Invest owns ______ 9-11% stake in the firm, Mahindra Retail holds 12-13% and US private equity major TPG has 5-6%.People familiar with its IPO plan said the company is aiming to go public at a $6-7 billion valuation given that it is a rare example of a profitable eCommerce firm, having recorded net earnings in the financial year 2021. "There are multiple sets of investors looking to participate in the pre-IPO secondary round. The company is still keen on its IPO plans and the matter will be discussed in its next board meeting," another person privy to the discussions said.If the company files for an IPO, it will be the first new-age tech startup to do so after logistics player Delhivery’s public float in May amid a largely skittish market. Economic Times reported on May 16 that FirstCry had hit pause on its plans to file papers for the initial public offering (IPO) following the downturn in sentiments that hit the global economy. Emailed queries sent to SoftBank and NewQuest did not elicit a response while Supam Maheshwari, CEO, FirstCry declined to comment.Sources privy to the developments said the company is “planning to file its draft red herring prospectus (DRHP) very soon”"This is akin to a pre-IPO deal which will set the price for the company and ideally they want to bring on board domestic funds," one of the persons told ET. The person cited the example of Premji Invest — the family investment vehicle of Wipro founder chairman Azim Premji — which had upped its stake during (FirstCry’s) previous secondary round when the National In.
Q. According to the passage, who is the biggest investor in FirstCry?
In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each five words are suggested, one of which fits the blank appropriately. Find out the appropriate words.
The Centre’s push to resolve the problem of bad loans through an ordinance is likely to ____ (1) the banks’ provisioning costs in the short-term as they will need to take significant haircuts or write-offs on their non-per-forming assets, according to Fitch Ratings.
Further losses due to higher provisioning for bad loans could ____ (2)weaker banks closer to a breach of their capital requirements and even force mergers ____ (3) they receive ‘pre-emptive capital injections,’ the agency said in a report.
While Fitch said that the greater powers assigned to the central bank to ____ (4) in banks at ‘an earlier stage when risks build’ is an important step towards a healthy banking system in the future, the move also makes it more likely that the number of state banks will fall in the medium-term.
Further losses at some of the weakest small-to medium-sized state banks could pressure them to shrink, or to ____ (5) exit the system by entering into forced mergers.
Find the appropriate word (1).
Read the passage given below and answer the questions that follow by choosing the correct/most appropriate options:
Japan’s SoftBank and NewQuest Capital Partners are among investors seeking to sell shares of IPO-bound FirstCry in the secondary market, valuing the omnichannel baby products retailer in the range of $3.5-4 billion, according to several people in the know.
Masayoshi Son-led SoftBank, which is the biggest investor in the company with a 29% stake, wants to reduce its shareholding to less than 25%, another person aware of the matter said. The discussions are happening at a time the Pune-based company is looking to pare its foreign ownership while bringing in domestic private equity funding in the runup to filing its initial public offer (IPO) papers in the next few months. FirstCry has held talks with Mumbai-based private equity firm Kedaara Capital, asking it to participate in the second round, multiple people said on condition of anonymity.
Sources privy to the developments said the company is “planned to file its draft red herring prospectus (DRHP) very soon”.
"This is akin to a pre-IPO deal which will set the price for the company and ideally they want to bring on board domestic funds," one of the persons told ET. The person cited the example of Premji Invest — the family investment vehicle of Wipro founder chairman Azim Premji — which had upped its stake during (FirstCry’s) previous secondary round when the National Investment and Infrastructure Fund’s proposed investment fell through. FirsCry, which is a vertical eCommerce platform, is currently valued at around $2.7 billion, which was ascribed to it earlier this year when Premji bulked up its ownership via a secondary share deal in April. According to a person aware of the matter, Premji Invest owns ______ 9-11% stake in the firm, Mahindra Retail holds 12-13% and US private equity major TPG has 5-6%.
People familiar with its IPO plan said the company is aiming to go public at a $6-7 billion valuation given that it is a rare example of a profitable eCommerce firm, having recorded net earnings in the financial year 2021. "There are multiple sets of investors looking to participate in the pre-IPO secondary round. The company is still keen on its IPO plans and the matter will be discussed in its next board meeting," another person privy to the discussions said.
If the company files for an IPO, it will be the first new-age tech startup to do so after logistics player Delhivery’s public float in May amid a largely skittish market. Economic Times reported on May 16 that FirstCry had hit pause on its plans to file papers for the initial public offering (IPO) following the downturn in sentiments that hit the global economy. Emailed queries sent to SoftBank and NewQuest did not elicit a response while Supam Maheshwari, CEO, FirstCry declined to comment.
Sources privy to the developments said the company is “planning to file its draft red herring prospectus (DRHP) very soon”.
"This is akin to a pre-IPO deal which will set the price for the company and ideally they want to bring on board domestic funds," one of the persons told ET. The person cited the example of Premji Invest — the family investment vehicle of Wipro founder chairman Azim Premji — which had upped its stake during (FirstCry’s) previous secondary round when the National In ..
Q. What will fit in the blank taken from the passage:
According to a person aware of the matter, Premji Invest owns ______ 9-11% stake in the firm, Mahindra Retail holds 12-13% and US private equity major TPG has 5-6%.
In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each five words are suggested, one of which fits the blank appropriately. Find out the appropriate words.
The Centre’s push to resolve the problem of bad loans through an ordinance is likely to ____ (1) the banks’ provisioning costs in the short-term as they will need to take significant haircuts or write-offs on their non-per-forming assets, according to Fitch Ratings.
Further losses due to higher provisioning for bad loans could ____ (2)weaker banks closer to a breach of their capital requirements and even force mergers ____ (3) they receive ‘pre-emptive capital injections,’ the agency said in a report.
While Fitch said that the greater powers assigned to the central bank to ____ (4) in banks at ‘an earlier stage when risks build’ is an important step towards a healthy banking system in the future, the move also makes it more likely that the number of state banks will fall in the medium-term.
Further losses at some of the weakest small-to medium-sized state banks could pressure them to shrink, or to ____ (5) exit the system by entering into forced mergers.
Find the appropriate word (2).
Read the passage given below and answer the questions that follow by choosing the correct/most appropriate options:
Japan’s SoftBank and NewQuest Capital Partners are among investors seeking to sell shares of IPO-bound FirstCry in the secondary market, valuing the omnichannel baby products retailer in the range of $3.5-4 billion, according to several people in the know.
Masayoshi Son-led SoftBank, which is the biggest investor in the company with a 29% stake, wants to reduce its shareholding to less than 25%, another person aware of the matter said. The discussions are happening at a time the Pune-based company is looking to pare its foreign ownership while bringing in domestic private equity funding in the runup to filing its initial public offer (IPO) papers in the next few months. FirstCry has held talks with Mumbai-based private equity firm Kedaara Capital, asking it to participate in the second round, multiple people said on condition of anonymity.
Sources privy to the developments said the company is “planned to file its draft red herring prospectus (DRHP) very soon”.
"This is akin to a pre-IPO deal which will set the price for the company and ideally they want to bring on board domestic funds," one of the persons told ET. The person cited the example of Premji Invest — the family investment vehicle of Wipro founder chairman Azim Premji — which had upped its stake during (FirstCry’s) previous secondary round when the National Investment and Infrastructure Fund’s proposed investment fell through. FirstCry, which is a vertical eCommerce platform, is currently valued at around $2.7 billion, which was ascribed to it earlier this year when Premji bulked up its ownership via a secondary share deal in April. According to a person aware of the matter, Premji Invest owns ______ 9-11% stake in the firm, Mahindra Retail holds 12-13% and US private equity major TPG has 5-6%.
People familiar with its IPO plan said the company is aiming to go public at a $6-7 billion valuation given that it is a rare example of a profitable eCommerce firm, having recorded net earnings in the financial year 2021. "There are multiple sets of investors looking to participate in the pre-IPO secondary round. The company is still keen on its IPO plans and the matter will be discussed in its next board meeting," another person privy to the discussions said.
If the company files for an IPO, it will be the first new-age tech startup to do so after logistics player Delhivery’s public float in May amid a largely skittish market. Economic Times reported on May 16 that FirstCry had hit pause on its plans to file papers for the initial public offering (IPO) following the downturn in sentiments that hit the global economy. Emailed queries sent to SoftBank and NewQuest did not elicit a response while Supam Maheshwari, CEO, FirstCry declined to comment.
Sources privy to the developments said the company is “planning to file its draft red herring prospectus (DRHP) very soon”.
"This is akin to a pre-IPO deal which will set the price for the company and ideally they want to bring on board domestic funds," one of the persons told ET. The person cited the example of Premji Invest — the family investment vehicle of Wipro founder chairman Azim Premji — which had upped its stake during (FirstCry’s) previous secondary round when the National In ..
Q. What is the Tone of the passage
In these questions, a sentence is given with two words/ groups of words in bold type. One of these or both of these word (s) /groups of words may have a certain error. You have to find out the correct word/ group of words from among the four choices given below each sentence to replace the incorrect word/group of words and make the sentence grammatically correct and meaningful. If the sentence is correct as it is, mark ‘No correction required’ as your answer.
In India, while the appointment process is seemed insulated from politics, it is difficult to maintain that the judges are all entirely immune to the reality of political power and authority.
Read the passage given below and answer the questions that follow by choosing the correct/most appropriate options:
Japan’s SoftBank and NewQuest Capital Partners are among investors seeking to sell shares of IPO-bound FirstCry in the secondary market, valuing the omnichannel baby products retailer in the range of $3.5-4 billion, according to several people in the know.
Masayoshi Son-led SoftBank, which is the biggest investor in the company with a 29% stake, wants to reduce its shareholding to less than 25%, another person aware of the matter said. The discussions are happening at a time the Pune-based company is looking to pare its foreign ownership while bringing in domestic private equity funding in the runup to filing its initial public offer (IPO) papers in the next few months. FirstCry has held talks with Mumbai-based private equity firm Kedaara Capital, asking it to participate in the second round, multiple people said on condition of anonymity.
Sources privy to the developments said the company is “planned to file its draft red herring prospectus (DRHP) very soon”.
"This is akin to a pre-IPO deal which will set the price for the company and ideally they want to bring on board domestic funds," one of the persons told ET. The person cited the example of Premji Invest — the family investment vehicle of Wipro founder chairman Azim Premji — which had upped its stake during (FirstCry’s) previous secondary round when the National Investment and Infrastructure Fund’s proposed investment fell through. FirstCry, which is a vertical eCommerce platform, is currently valued at around $2.7 billion, which was ascribed to it earlier this year when Premji bulked up its ownership via a secondary share deal in April. According to a person aware of the matter, Premji Invest owns ______ 9-11% stake in the firm, Mahindra Retail holds 12-13% and US private equity major TPG has 5-6%.
People familiar with its IPO plan said the company is aiming to go public at a $6-7 billion valuation given that it is a rare example of a profitable eCommerce firm, having recorded net earnings in the financial year 2021. "There are multiple sets of investors looking to participate in the pre-IPO secondary round. The company is still keen on its IPO plans and the matter will be discussed in its next board meeting," another person privy to the discussions said.
If the company files for an IPO, it will be the first new-age tech startup to do so after logistics player Delhivery’s public float in May amid a largely skittish market. Economic Times reported on May 16 that FirstCry had hit pause on its plans to file papers for the initial public offering (IPO) following the downturn in sentiments that hit the global economy. Emailed queries sent to SoftBank and NewQuest did not elicit a response while Supam Maheshwari, CEO, FirstCry declined to comment.
Q. Which of the following is/are incorrect according to the given passage?
A. People familiar with its IPO plan said the company is aiming to go public at a $6-7 billion valuation given that it is a familiar example of a profitable eCommerce firm, having recorded net earnings in the financial year 2021.
B. Premji Invest — the family investment vehicle of Wipro founder chairman Azim Premji — which had upped its stake during (FirstCry’s) previous secondary round when the National Investment and Infrastructure Fund’s proposed investment fell through.
C. There are multiple sets of investors looking to participate in the pre-IPO secondary round. The company is still keen on its IPO plans and the matter will not be discussed in its next board meeting
In these questions, a sentence is given with two words/ groups of words in bold type. One of these or both of these word (s) /groups of words may have a certain error. You have to find out the correct word/ group of words from among the four choices given below each sentence to replace the incorrect word/group of words and make the sentence grammatically correct and meaningful. If the sentence is correct as it is, mark ‘No correction required’ as your answer.
Renewal hopes of stimulus measures in Europe also came into play after surveys of private sector economic activity in September painted a gloomy picture for the region, with risen Covid-19 infections leading to a downturn in services.
Read the passage given below and answer the questions that follow by choosing the correct/most appropriate options:
Japan’s SoftBank and NewQuest Capital Partners are among investors seeking to sell shares of IPO-bound FirstCry in the secondary market, valuing the omnichannel baby products retailer in the range of $3.5-4 billion, according to several people in the know.
Masayoshi Son-led SoftBank, which is the biggest investor in the company with a 29% stake, wants to reduce its shareholding to less than 25%, another person aware of the matter said. The discussions are happening at a time the Pune-based company is looking to pare its foreign ownership while bringing in domestic private equity funding in the runup to filing its initial public offer (IPO) papers in the next few months. FirstCry has held talks with Mumbai-based private equity firm Kedaara Capital, asking it to participate in the second round, multiple people said on condition of anonymity.
Sources privy to the developments said the company is “planned to file its draft red herring prospectus (DRHP) very soon”.
"This is akin to a pre-IPO deal which will set the price for the company and ideally they want to bring on board domestic funds," one of the persons told ET. The person cited the example of Premji Invest — the family investment vehicle of Wipro founder chairman Azim Premji — which had upped its stake during (FirstCry’s) previous secondary round when the National Investment and Infrastructure Fund’s proposed investment fell through. FirstCry, which is a vertical eCommerce platform, is currently valued at around $2.7 billion, which was ascribed to it earlier this year when Premji bulked up its ownership via a secondary share deal in April. According to a person aware of the matter, Premji Invest owns ______ 9-11% stake in the firm, Mahindra Retail holds 12-13% and US private equity major TPG has 5-6%.
People familiar with its IPO plan said the company is aiming to go public at a $6-7 billion valuation given that it is a rare example of a profitable eCommerce firm, having recorded net earnings in the financial year 2021. "There are multiple sets of investors looking to participate in the pre-IPO secondary round. The company is still keen on its IPO plans and the matter will be discussed in its next board meeting," another person privy to the discussions said.
If the company files for an IPO, it will be the first new-age tech startup to do so after logistics player Delhivery’s public float in May amid a largely skittish market. Economic Times reported on May 16 that FirstCry had hit pause on its plans to file papers for the initial public offering (IPO) following the downturn in sentiments that hit the global economy. Emailed queries sent to SoftBank and NewQuest did not elicit a response while Supam Maheshwari, CEO, FirstCry declined to comment.
Sources privy to the developments said the company is “planning to file its draft red herring prospectus (DRHP) very soon”.
"This is akin to a pre-IPO deal which will set the price for the company and ideally they want to bring on board domestic funds," one of the persons told ET. The person cited the example of Premji Invest — the family investment vehicle of Wipro founder chairman Azim Premji — which had upped its stake during (FirstCry’s) previous secondary round when the National In ..
Q. Choose the antonym of the word 'akin'
In each of the following questions, a word has been used in sentences in THREE different ways. Choose the option corresponding to the sentences in which the usage of the word is CORRECT or APPROPRIATE.
PRAGMATIC
(i) This policy was based on two pragmatic considerations, and no guerilla organisation would overlook these.
(ii) The bench also directed the Noida and Greater Noida authorities to set up a nodal cell for pragmatic completion certificate to home buyers.
(iii) He was highly practical and would come up with pragmatic solutions on various issues.