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CCI approves JSW's acquisition of up to 38% stake in MG Motor India

JSW Ventures Singapore, a subsidiary of JSW International Tradecorp and part of JSW Group, has received approval from the Competition Commission of India (CCI) to acquire up to 38% of MG Motor India. ....

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CCI gives nod to JSW Group's acquisition of up to 38 pc stake in MG Motor India

CCI gives nod to JSW Group's acquisition of up to 38 pc stake in MG Motor India
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CCI approves JSW's acquisition of up to 38% stake in MG Motor India, ET Auto

The 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. The CCI stated that the acquirer, a newly established company, is a wholly owned subsidiary of JSW International Tradecorp Pte. Limited and is part of the JSW Group. ....

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Year in review, automotive highlights, SUV, car highlights

Year in review, automotive highlights, SUV, car highlights
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What Sajjan Jindal's ride on MG Motor means

While India s steel magnate Jindal s entry into the auto sector will boost competition, MG Motor will have more money to fund its expansion and innovation drive, aiming to get ahead in the EV car segment while the giants are still behind. ....

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