Sajjan Jindal looks set for an EV journey with MG Motor India

The JSW Group chairman is just days away from signing a deal to buy a 49% stake in the India unit of the iconic British brand. The deal, if successful, will change the face of the $23 billion group in more ways than one.

24 November, 202310 min
0
Sajjan Jindal looks set for an EV journey with MG Motor India

You may also like

Business
Story image

JSW Energy’s acquisition engine is working—and that is a worry

Rapid asset purchases are driving generation growth, but rising debt and weaker cash flows are testing investor confidence.

Business
Story image

Growth alone isn’t enough, Waaree needs to do more

The solar module maker’s investors want proof of its durability in the face of a leadership change and a costly push into energy storage.

Business
Story image

Conglomerates, duopolies and domination hamper India

The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.