SAIC’s MG Motor India plans to bring in Indian investors including JSW

China’s SAIC Motor Corp Ltd said its unit MG Motor India Pvt Ltd plans to introduce investors including JSW Ventures Singapore Pte Ltd, through an equity transfer and by increasing share capital. As part of the deal, JSW Ventures, a unit of JSW International Tradecorp Pte Ltd,will buy an aggregate 35% stake in MG Motor … Read more