https://economictimes.indiatimes.com/industry/auto/auto-news/sajjan-jindal-saic-set-to-drive-mg-motor-in-india-finalises-terms-of-agreement/articleshow/104171775.cms
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Sajjan Jindal's private company to take up to 35% stake initially with option to go up to 49% and then 51% post IPO; Chinese ownership to fall below 40%.
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