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
Streamlined regulatory approvals, sector-specific incentives would encourage firms to write acquisition cheques
Following a border clash in June 2020, the Indian government had banned Chinese apps and imposed restrictions on foreign direct investments
When concluded, the deal will leave at least 51 per cent stake of the company in Indian hands
GM looking to buy 9.2% stake from the Chinese auto major
Rs 2,000 crore to be invested in new plant; around 1000 people to be employed
SAIC to tie up with Morris Garages to set up dedicated manufacturing unit in India, rollout by 2019