!["Negotiations are on": JSW on picking up stake in MG Motor, BYD](https://images.assettype.com/fortuneindia%2F2021-12%2F4a0f10e5-49c9-43e7-a798-6c8969a5a456%2FJSW_Mumbai_HQ.jpg?rect=0,0,3500,1750&w=300&q=95)
"Negotiations are on": JSW on picking up stake in MG Motor, BYD
India's biggest steel maker is in negotiations with Chinese carmakers to acquire a stake, as the latter finds it difficult to raise fresh funds amid increased scrutiny of fund inflows from Beijing