Cafe Coffee Day - Current Affairs Questions and Answers

1)   Name the Indian coffee chain that is planning an IPO to raise 11.5 billion rupees?

a. StarBucks
b. Barista Coffee
c. Cafe Coffee Day
d. Super Coffee
Answer  Explanation 

ANSWER: Cafe Coffee Day

Explanation:
The Cafe Coffee Day, has filed a draft prospectus with SEBI for an initial public offering to raise as much as 11.5 billion rupees ($181 million). The application process with the Securities and Exchange Board of India (SEBI) could take two to three months.