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Indian Institute of Foreign Trade 2017 Solved Paper

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Question : 101

Total: 114

Which London-based Group founded in mid-1910, started out as a moneylender before expanding the business to include imports of dried fruit, jute, textiles and tea. The business grew steadily under the late Shah of Iran as they were having large presence in Iran and continued to flourish even after Islamic Revolution forced it to move to Europe. It is now a multibillion-dollar energy, transport, media and agriculture conglomerate. The company had been in a bidding war to acquire the Express Newspapers group, and was one of several bidders for Go Fly, British Airways' low-cost airline. This famous conglomerate has a large presence in India also. Identify the Group.

Ruia Group
Mittal Group
Oswal Group
Hinduja Group

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