Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 291)

2024-01-24 Business

291.

Which company's strategic move to acquire a substantial 38% stake in MG Motor India has received approval from the Competition Commission of India (CCI)?

Tata Group

JSW Group

Eicher Motors

Mahindra Group

Answer: Option

Explanation:

JSW Group's approved acquisition of a 38% stake in MG Motor India, facilitated through JSW Ventures Singapore, is a strategic move set to reshape the automotive industry's dynamics, marking a significant development in corporate transactions.