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JSW looks to pick up a stake in MG Motor India

By Alisha Sachdev

  • 25 Apr 2023
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JSW looks to pick up a stake in MG Motor India
Sajjan Jindal | Credit: Reuters

MG Motor India, the local arm of SAIC-owned automaker Morris Garages, is in advanced talks to sell close to a 15% stake to Sajjan Jindal-led JSW Group, with a roadmap to list the company on Indian exchanges via an initial public offering, people familiar with the discussions said. The deal is ......

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