News

Nalsar Hyderabad’s first out of the gate to confirm final the jobs secured by its 2017 graduating batch, scoring jobs for all 58 students who were part of the organised campus recruitments out of a total batch of 74.

Nalsar Hyderabad has placed 27 students with domestic top tier law firms out of a batch of 72 by its first day of 2018 recruitments, or so-called Day Zero on 5 April, in addition to one actual high-paying job with a foreign law firm, and one vacation placement with a foreign law firm.

GNLU Gandhinagar has seen Cyril Amarchand Mangaldas make a record 12 offers on its Day Zero of recruitments in addition to 5 pre-placement offers, bringing its total haul of 2018 accepted job offers to 30, reported Bar & Bench, citing a GNLU press release.

Post some heavy duty performance by the Indian Universities at Stetson and Vis East last week, here’s some desi dose of mooting for our moot court aficionados as we cover the elite Bar Council of India moot 2017 and the newly added NLUO Maritime Arbitration Moot 2017.

“It all settles here with the passage of time. That’s the curse, there is no student body,” a student told me recently when I asked him about why the administration was not being called to account for some alleged wrongdoings it had committed.

“BlackBuck, the B2B intercity logistics startup, has raised Series C funding of $70 million in a round led by Sands Capital. Among existing investors, Accel and Flipkart participated in this round, while Tiger Global and Apoletto did not.

Link Legal India Law Services has hired Khaitan & Co Mumbai senior associate Alok Sonker as an associate partner in the corporate practice.

“Private equity firm Multiples has acquired a majority stake in HR technology and solutions provider PeopleStrong with an investment of around Rs 400 crore. Multiples, has made a “controlling investment” in PeopleStrong through a combination of primary and secondary investments, and sources close to the development said the deal value is around Rs 400 crore,” reported PTI.

GNLU Gandhinagar showed undue favour to an LLB student of the law school, resulting in a loss of Rs 27 lakh to GNLU’s coffers, according to the annual Comptroller and Auditor General (CAG) report tabled before the Gujarat legislative assembly on 31 March 2017.

Bharucha & Partners has promoted Mumbai senior associate Ajai Achuthan as its eighth partner.

Rajani Associates has promoted four principal associates - Amish Shroff, Amit Kolekar, Ankur Singhania and Mayur Shetty - to associate partner level, with effect of 1 April 2017, growing the partnership to a total of 13.

Nuals Kochi students have asked the law school to apply for an exemption from holding classes, as the college is dealing with a Hepatitis A epidemic in the run up to its semester exams, allegedly due to contaminated water on campus.

“Mumbai-based non-banking financial company (NBFC) InCred Finance, founded by former Deutsche Bank senior executive Bhupinder Singh, has secured $75 million in a funding round led by Deutsche Bank’s former co-CEO Anshu Jain. The latest investment is one of the largest fintech deals in India this year. The startup focusses on providing SME loans, home loans and education loans,” reported In Shorts.

With a final spurt of more than 3,000 LLB and LLM applicants registering for the Common Law Admission Test (CLAT), just a few hours after our report last week (on 31 March) and before the 1159pm deadline.

“Terex Corporation is selling its India-based compact construction business to Manitou BF (Manitou). Manitou is a leader in all terrain material handling products. Terex Equipment Private Limited (TEPL) manufactures and sells backhoe loaders, engages in the sale of wheel loaders and contract manufactures and sells skid steer loaders,” reported Business Wire.

Cyril Amarchand Mangaldas has fully funded a chair in “everyday ethics for the legal profession” at GNLU Gandhinagar for at least the next three years, which, if it succeeds, would become a template for the law firm contributing financially to other universities’ courses.