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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 .. ....

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Grapevine: ICICI Venture, Ranjan Pai tap consumer bets; Vedanta raises debt

ICICI Venture, the alternative investment arm of ICICI Bank, is in discussions to invest in a New Delhi-based ethnic wear brand, a media report said.

ICICI .. ....

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Grapevine: JSW, Tatas weigh M&As; Venture Highway may part-exit Meesho

Indian tycoon Sajjan Jindal-led JSW Group’s cement arm is in early talks to acquire the Indian subsidiary of a German cement maker, a media report .. ....

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Grapevine: Norwest eyes stake in IFC-backed hospital chain; Nat Habit plans new round

Multi-stage private equity investor Norwest Venture Partners is nearing a buyout of a hospital chain, which is backed by International Finance Corporation and HealthQuad, a .. ....

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Grapevine: ADIA may invest more in Reliance Retail; GIC plans agritech bet

Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) is looking to pick up an additional stake in billionaire Mukesh Ambani-led Reliance Industries Ltd’s retail arm, a media report said.

ADIA, which is already an investor in Reliance Retail Ventures .. ....

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