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MG MOTOR SHAREHOLDING
China's SAIC to sell another 10% stake in Indian car venture to local partner JSW - sourcesChina's SAIC Motor is selling an additional 10% stake in its Indian car venture, JSW MG Motor, to local partner JSW Group. This move will e...- Sebi approves IPO plans of Neolite Lightings, Aspri Spirits and SS RetailSebi approved IPO plans of Neolite ZKW Lightings, Aspri Spirits and SS Retail, enabling them to raise funds through fresh issues and OFS ro...
- China's SAIC to cut stake in India car venture with JSW amid investment curbs, sources saySAIC Motor plans to reduce its stake in its Indian joint venture, JSW MG Motor, and halt further investments. Despite efforts to improve re...
- JSW Group to increase stake in JSW MG Motor India amid SAIC's exit from Indian MarketJSW Group aims to increase its stake in JSW MG Motor India as SAIC Motor prioritizes investments elsewhere. JSW intends to become the large...
- JSW MG Motors sets in motion up to $350 million fund raise from PE investorsJSW MG Motor India plans to secure $300-350 million for expansion. The funds will support new models and increased capacity. This follows a...
- JSW MG India appoints Anurag Mehrotra as managing directorJSW MG Motor India has appointed Anurag Mehrotra as its new Managing Director. Mehrotra, with three decades of experience, has had key role...
- JSW MG Motor to invest Rs 3,000 cr in India by 2025, to launch Cloud EV this festive seasonJSW MG Motor India is set to invest Rs 3000 crore by 2025 for capacity expansion and new product launches. The company aims to introduce 5 ...
- Sajjan Jindal looks to recreate iconic 'Maruti Moment' with JSW MG IndiaJSW MG, led by Jindal, targets selling a million NEVs by 2030 with Mumbai announcement. Plans include SAIC deal, Odisha investment, and foc...
- CCI approves stake buy in Religare Enterprises by Burman family companiesThe Competition Commission of India (CCI) has approved the proposals for stake acquisitions in Religare Enterprises (REL) by four entities ...
- CCI approves JSW's acquisition of up to 38% stake in MG Motor IndiaThe Competition Commission of India (CCI) has granted approval for the JSW Group's plan to acquire a maximum of 38% stake in MG Motor India...
- What Sajjan Jindal's ride on MG Motor meansWhile India's steel magnate Jindal's entry into the auto sector will boost competition, MG Motor will have more money to fund its expansion...
- JSW, SAIC ink JV to run MG Motor operations in India"Our strategic collaboration with SAIC Motor aims to grow and transform the MG Motor operations in India with a focus on green mobility sol...
- JSW Group to acquire 35% stake in MG Motor IndiaAs per the agreement reached between the two companies, JSW Group will acquire 35% stake in SAIC’s Indian subsidiary MG Motor India for an ...
- Sajjan Jindal, SAIC set to drive MG Motor in India, finalises terms of agreementSajjan Jindal's private company to take up to 35% stake initially with option to go up to 49% and then 51% post IPO; Chinese ownership to f...
- Xiaomi to remain 100% subsidiary of Chinese parent; will not dilute stake in Indian armChinese mobile phone manufacturer Xiaomi has said it will not pursue the joint-venture solutions used in India by its peers. President Mura...
- Sajjan Jindal likely to acquire up to 48% in MG Motor India, make it an Indian companyAccording to the broad contours agreed upon so far, Jindal is likely to own 45-48% of MG Motor India, with dealers and Indian employees own...
- EVs offer foreign auto companies a second chance in IndiaHigh taxes, price-conscious consumers and tricky logistical issues have made it tough for many foreign carmakers to thrive in one of Asia's...
- Reliance in fray as MG Motor looks to sell India ops: ReportsChinese auto giant SAIC-owned MG Motor may be looking to sell its majority stake in India car business and is in “advanced negotiations” fo...
- MG Motor India plans stake sale to fuel expansionMG Motor India CEO emeritus Rajeev Chaba said the intention is to "Indianise operation" by diluting majority stake to financial institution...
- Border woes effect? China-owned MG Motor likely to dilute shareholding in India, reports sayMG Motor is likely to dilute its shareholding in its fully-owned business in India as it aims to tap the capital market or raise funds thro...
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