Link Legal India Law Services has promoted Durgesh Singh to partner in Delhi, having joined the firm in 2015 as an associate partner from Dua Associates where he was a principal associate.

Veritas Legal has snapped up AZB & Partners Mumbai senior associate Zubin Mehta at a fixed income partner (a level equivalent to salaried partner at other firms).

“Zee Entertainment Enterprises picked up about 12.5 % stake in Bengaluru-based Tagos Design Innovations,” reported Inc42.

“The Pune Municipal Corporation (PMC) today raised Rs 200 crore by selling 10-year bonds, becoming the first civic body to tap money from this route in 14 years. Proceeds from the issue, raised at a coupon of 7.59 per cent and oversubscribed six times, will be used for a Rs 2,300-crore water project,” reported PTI.

Singh & Associates opened an office in Gurgaon, as its third in the national capital region.

A lawyer consulting full time with a public sector undertaking (PSU), who had been unsuccessfully trying to get enrolled with the Gujarat bar council (BCG) since 2012, is not allowed to do so and therefore practically not an advocate, ruled the Gujarat high court according to the Times of India.

Intertape, the Canadian packaging company with executive headquarters in Sarasota County, announced Thursday it is making a “greenfield” investment in Capstone Polyweave Private Limited, which plans to build a $30 million manufacturing facility in Karoli, India. Capstone’s shareholders also own and operate Delhi-based Airtrax Polymers Private Limited, which manufactures and sells woven products that are used in the building and construction industry. Airtrax posted $11 million in revenues for the year ended March 31.

Ostro Energy is in the process of acquiring a 49% stake in a 60 MW NTPC Project in the state of Rajasthan. Suzlon will be responsible for the project commissioning, expectedly by September 2017.

Fast food chain Wow! Momo today said it has raised Rs 44 crore in Series B funding from venture capital firm Lighthouse Funds and angel investor group Indian Angel Network (IAN). The latest round of funding led by Lighthouse Funds, which invests in mid-market consumer-driven firms, values the company at Rs 230 crore, the Kolkata-based firm said in a statement. Besides, it also provided “a highly profitable” exit to the tune of Rs 10 crore to some of the IAN investors who decided to sell their shares partly/completely to Lighthouse, it added.

Intellectual property (IP) powerhouse Anand & Anand has merged its Mumbai office with the media and entertainment law practice of Priyanka Khimani, Khimani & Associates, taking on a new avatar in the city carrying both brand names, as Anand and Anand & Khimani.

“Awfis Space Solutions, a start-up that provides shared workspaces, has raised $20 million from Sequoia Capital India to fund its expansion plans.” reported Mint.

Economic Laws Practice (ELP) has hired in its Delhi office’s tax practice Lakshmikumaran & Sridharan senior partner MP Devnath as an equity partner and two of his junior partners: Vivek Sharma as a partner and Abhishek Anand as an associate partner.

Universal Legal promoted GLC Mumbai 2013 alumnus Shreya Deora to senior associate with effect from 10 June 2017.

“Paint manufacturer Berger Paints India Ltd has completed the acquisition of specialty coatings maker Saboo Coatings Pvt. Ltd, it said in a stock-exchange filing on Tuesday. It acquired Saboo Coatings’ shares for Rs 81.77 crore”, reported VCCircle.

Juris Corp has issued a press release announcing the resignation of four partners - Veena Sivaramakrishnan, Sandeep Mahapatra, Debanjan Banerjee and Abhinav Surana.

“Drug firm Strides Shasun today said it has inked a pact with Vivimed Labs to set up two joint venture firms,” reported PTI.

Latest comments