HC expresses surprise at Sachin Waze's high-end cars, five-star hotel stay; notes extortion allegationsThe Bombay High Court is questioning former assistant police inspector Sachin Waze's use of luxury vehicles and hotel stays. Witness statem...
Delhi HC asks Centre to consider PIL on body-worn cameras during protests as representationThe Delhi High Court is considering a PIL that requests mandatory use of body-worn cameras by police. The petition aims to enhance accounta...
₹2,000+ UPI payment charges: SC refuses interim stay on 0.4% MDR, issues notice to govt, RBI, NPCI and othersThe Supreme Court has declined to grant an interim stay on the government’s new merchant discount rate policy. This policy imposes a 0.4% c...
Kiran Bedi moves Delhi HC in Satya Niketan building collapse case, Centre opposesRetired IPS officer Kiran Bedi approached the Delhi High Court seeking intervention. She wishes to be a party in the Satya Niketan building...
Centre in dilemma over Supreme Court’s OBC creamy layer ruling in civil services recruitmentThe government seeks Supreme Court clarification on creamy layer criteria for OBC candidates. This move follows conflicting statements made...
Bombay HC refuses interim relief to Old Monk maker as state law officer considers revised labelsThe Bombay High Court has adjourned a hearing on Mohan Rocky Springwater Breweries' plea. The court needs time to consider three modified p...
Investcorp acquires 20Cube 3PL SolutionsThe transaction involves the carve-out of the India contract logistics business from Singapore-headquartered 20Cube Logistics, which will c...
ASG shareholder approaches NCLT against co-founder, alleges oppressionIn her petition at the Mumbai NCLT under Sections 241 and 242 of the Companies Act, Gang sought to restrain the company from amending its A...
PE backed ASG Eye hires Morgan Stanley and three other bankers for upcoming IPOASG Hospital, a major eye care chain, is preparing for its initial public offering. The company has selected four investment banks to manag...
ASG Eye Hospitals to merge with Sharp Sight in Rs 450 crore deal; PE-backed chain targets IPOASG Eye Hospitals, backed by General Atlantic and Kedaara Capital, has agreed to a ₹450 crore non-binding merger with Sharp Sight Eye Hospi...
Six senior advocates appointed ASGs to defend govt in Supreme CourtThe government has appointed six senior advocates as additional solicitors general to represent it in the Supreme Court for a period of thr...
ASG Eye Hospitals takes operation control of Vasan Eye CareInvestors of ASG Eye Hospitals include Foundation Holdings, General Atlantic, and Kedaara Capital. The investors would work closely with th...
General Atlantic, Kedaara Capital buy 46% in ASG for Rs 1,500 croreGeneral Atlantic and Kedaara Capital are together buying a 46% stake, which involves both primary and secondary transactions. The two PE fi...
General Atlantic and Kedaara Capital invest Rs 1,500 crore in ASG Eye HospitalsGeneral Atlantic and Kedaara Capital will join existing operations-focused healthcare investor Foundation Holdings in supporting and fuelli...
GA-Kedaara may pick up 49% in ASG Eye HospitalsThe new investor group is likely to acquire about 49% in ASG for ₹1,180 crore ($150 million), valuing the company at about ₹2,400 crore. Th...
Global buyout funds in the fray to buy into ASG Eye HospitalsIn this proposed round, existing investor Investcorp will sell its 15% stake while about ₹700-800 crore will be invested as primary capital...
ASG Eye in talks with PEs to sell 49% stakeA clutch of PE funds such as General Atlantic, Carlyle, Warburg Pincus and domestic fund Kedaara were approached and bids are expected by t...