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Saic Motor India Entry

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

SAIC's MG Motor India to bring in new investors, JSW set to buy 35% stake
Updated On : 08 Apr 2024 | 9:32 AM IST

ESG, technology theme to dominate India Inc acquisitions in 2024

Streamlined regulatory approvals, sector-specific incentives would encourage firms to write acquisition cheques

ESG, technology theme to dominate India Inc acquisitions in 2024
Updated On : 17 Jan 2024 | 11:45 PM IST

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

Automaker SAIC Motor likely to partner with Indian company to expand base
Updated On : 07 Sep 2023 | 12:58 PM IST

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

Sajjan Jindal may acquire 48% stake in MG Motor India, govt onboard
Updated On : 14 Jun 2023 | 10:04 AM IST

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-GM deal on Halol unit's assets could entail stake dilution in JV
Updated On : 07 Jul 2017 | 1:14 AM IST

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

SAIC's MG Motor signs pact to take over GM India's Halol plant
Updated On : 05 Jul 2017 | 11:57 PM IST

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

China's SAIC to drive into space created by GM's exit from India
Updated On : 28 Jun 2017 | 4:00 PM IST