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JSW To Gain Control As SAIC Plans 10% Stake Sale In MG Motor India JV
JSW Group is likely to strengthen its control over JSW MG Motor India, with SAIC Motor reportedly planning to sell another 10 percent stake in the joint venture to its Indian partner. The proposed transaction would mark another important shift in MG’s India ownership structure and could make JSW Group the largest individual shareholder in the company. As per reports, SAIC Motor currently holds 49 percent in JSW MG Motor India, while JSW Group owns 35 percent. After the propos
Team Autopunditz
3 hours ago2 min read
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