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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...- MG Majestor launched: Check price, booking amount, interior features, engine, offers and other key specsJSW MG Motor India has launched its new 'Majestor' SUV, India's first D+ SUV, starting at Rs 40.99 Lakhs. The vehicle boasts a twin-turbo d...
- Uber, JSW Group tie up to deploy EVs in India's ride-hailing marketUber has allied with JSW Group to spearhead a new era of electric mobility in India, focusing on enhancing the ride-hailing experience thro...
- JSW Motors ties up Rs 8,000 crore funding from India’s top bankJSW Motors, part of Sajjan Jindal's business empire, has secured a significant 80 billion rupee funding line. This financial boost from Sta...
- JSW Motors plans to open own showrooms before India car debutJSW Motors is preparing to launch company-owned showrooms across India ahead of its first vehicle debut later this year. The conglomerate 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 names 1st electric CUV as MG WindsorJSW MG Motor India has announced that its first electric CUV (Crossover Utility Vehicle) will be named the MG Windsor. This follows a joint...
- SAIC's MG Motor India plans to bring in Indian investors including JSWSAIC Motor's MG Motor India to attract investors for market expansion and risk prevention. JSW Ventures, IndoEdge India Fund, dealer trust,...
- 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...
- MG Motor India to introduce seven new models in India in 2 yearsMG Motor India plans to launch seven new models in the Indian market over the next few years. Following its joint venture with the JSW Grou...
- 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, China's SAIC form new India venture for green mobilitySAIC already has a presence in India through its fully owned unit MG Motor India but has struggled to grow its presence in the country afte...
- 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 ...
- Steel magnate Sajjan Jindal could soon become a strong force in Indian auto marketThe plan involves acquiring a substantial stake in MG Motor India, a unit of the Chinese company SAIC, and subsequently acquiring Ford's fa...
- Chinese automaker SAIC looks at local co-drivers to navigate India marketThe company didn't comment when asked about the prospect of an alliance with JSW Group. ET reported in its June 14 edition that a private c...
- 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...
- MG Motor India expects EVs to make up 25% of sales in 2023MG Motor plans to raise funds to develop its Indian electric mobility business amid increased scrutiny of Chinese investments by New Delhi....
- MG Motor India plans to raise $500 m locally in capex pushThe maker of the Hector and Astor SUVs is seeking to tap the local market because of a delay in getting government approval for new investm...
- MG Motor in talks for contract manufacturing with VW India, M&M-FordThe source added that “in all likelihood, chances of a deal with the VW Group look stronger in view of the existing robust relations” betwe...
- MG Motor to drive in electric SUV in India by first half of 2020The company, also plans to launch a mid-sized SUV with petrol and diesel powertrains in the second quarter of 2019.
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