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JSW Ventures Singapore, a subsidiary of JSW International Tradecorp and part of JSW Group, has received approval from the Competition Commission of India (CCI) to acquire up to 38% of 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. ....