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China's SAIC to cut stake in India car venture, freeze new investments
SAIC is not pulling out of India but wants to dilute its stake in JSW MG Motor significantly and will continue to provide technology and products for the venture
SAIC's MG Motor India to bring in new investors, JSW set to buy 35% stake
IndoEdge India Fund will buy an 8 per cent stake, a dealer trust will take a 3 per cent stake and an employee stock ownership plan will own 5 per cent
ESG, technology theme to dominate India Inc acquisitions in 2024
Streamlined regulatory approvals, sector-specific incentives would encourage firms to write acquisition cheques
Automaker SAIC Motor likely to partner with Indian company to expand base
Following a border clash in June 2020, the Indian government had banned Chinese apps and imposed restrictions on foreign direct investments
Sajjan Jindal may acquire 48% stake in MG Motor India, govt onboard
When concluded, the deal will leave at least 51 per cent stake of the company in Indian hands
SAIC-GM deal on Halol unit's assets could entail stake dilution in JV
GM looking to buy 9.2% stake from the Chinese auto major
SAIC's MG Motor signs pact to take over GM India's Halol plant
Rs 2,000 crore to be invested in new plant; around 1000 people to be employed
China's SAIC to drive into space created by GM's exit from India
SAIC to tie up with Morris Garages to set up dedicated manufacturing unit in India, rollout by 2019
