Grapevine: MG Motor deal in last leg; CarDekho, Bizongo raising funding

JSW Group chairman Sajjan Jindal and Shanghai-based SAIC Motor Corp have finalised a deal for carmaker MG Motor India, a media report said.    The deal may value MG Motor’s local business at $1 billion, The Economic Times reported, citing people close to the matter.   MG Motor India is the wholly owned subsidiary of the Chinese auto major ......