CCI approves JSW's acquisition of up to 38% stake in MG Motor India

The Competition Commission of India (CCI) has granted approval for the JSW Group's plan to acquire a maximum of 38% stake in MG Motor India. The CCI stated that the acquirer, a newly established company, is a wholly owned subsidiary of JSW International Tradecorp Pte. Limited and is part of the JSW Group. Read The Rest at :