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MG Motor’s business has been valued at Rs 8,000 crore and JSW will invest around Rs 2,800 crore for a 35 percent stake in the joint venture, where MG Motor India’s entire operations are expected to be transferred
Serem replaces Bishop Patrice Chumba who retired after 15 years.
VW was the top-selling brand in China until late last year, and these new models aim to reclaim that title
The £234m abrdn European Logistics Income trust has launched a strategic review due to its “significant and persistent discount”.
Organisations representing black business have criticised the appointment of Jason Quinn as Nedbank CEO as a “missed opportunity” for transformation and said they will watch him and the bank closely to gauge their commitment to promoting blacks.