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MG Motor India to introduce Indian investors to create favourable conditions: China’s SAIC

By Business Today - 8 months ago
IndoEdge India Fund will buy 8 per cent of MG Motor India for Rs 818 crore, a dealer trust will take a 3 per cent stake for Rs 307 crore, while an employee stock ownership plan will take 5 per cent stake for Rs 511 crore. 

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