Law firms

“Hindustan Unilever Ltd (HUL) on Monday said it has agreed to buy ‘Adityaa Milk’ ice cream brand from Karnataka-based Vijaykant Dairy and Food Products Ltd for an undisclosed amount aiming a larger slice of the fragmented ice cream market in India. HUL, which already sells ice creams under the Kwality Wall’s, Magnum and Cornetto brands, has signed an agreement with Vijaykant Dairy to buy ice cream and frozen dessert business of the company along with its front-end distribution across Karnataka, Maharashtra, Goa and Kerala where the company has presence,” reported Mint.

Chandhiok & Associates has rebranded to Chandhiok & Mahajan and has also promoted associates to partners, after first starting four years ago as a sole proprietorship.

“Tata Power, India’s largest integrated power company, today announced that its board has approved the sale of its defence business to Tata Advance Systems Ltd, a wholly owned subsidiary of Tata Sons at an enterprise value of Rs2,230 crore,” Mint reported in March.

After a three-and-a-half month wait, Shardul Amarchand Mangaldas (SAM) Delhi-based corporate equity partner Akila Agrawal has now joined Cyril Amarchand Mangaldas (CAM) as the head of its M&A practice, according to its press release.

Law firms J Sagar Associates (JSA), Khaitan & Co, Trilegal, Cyril Amarchand Mangaldas (CAM) and AZB & Partners (roughly in that order) were consistently ranked as the top 5 of big law firms in terms of “culture”, “leadership” and “rewards & recognition”, “satisfaction” and “pride”, according to a survey by legal recruitment and management consultant Vahura.

Luthra & Luthra Law Offices, as its full official name has been, is now called L&L Partners Law Offices, we have learned from sources and Bar & Bench has reported.

Many Indian firms have been looking to do more of knowledge management (KM) for many years, with an eye on their foreign counterparts, but the immediate pressures of earning revenues and servicing clients often get in the way. At AZB & Partners, Bhavi Sanghvi, has now transitioned from corporate, M&A and private equity partner to full-time knowledge management, heading up its KM function for the past month-and-a-half.

S&R Associates has appointed two lawyers as counsel and Simran Dhir as the head of its competition practice, according to a press release by the firm.

Aquilaw has opened two offices in Mumbai today after absorbing JKB Legal and adding its managing attorney Jay Bhatia as partner in the firm.

Ex-Amarchand Mangaldas lawyer and NUJS Kolkata 2006 graduate Abhishek Kolay has joined Kirkland & Ellis in New York as a partner, making him one of the first (if not the first) alumnus from NUJS to make it to partnership at a top international law firm.

Bangalore-based Silicon and Beyond, leading provider of high-speed SerDes technology used in data intensive applications such as machine learning, cloud computing, and networking, has been acquired by US-headquarterd Synopsys for an undisclosed amount, as per the press release by Synopsys.

Germany-based machine joining components manufacturer NORMA Group SE have acquired 100% stake in Indian water management firm Kimplas Piping Systems for an undisclosed amount, as reported by VC Circle and The Hindu Business Line. The deal was closed on July 5, 2018 reported Business Insider.

“Office commute automation platform MoveInSync has raised $8 million (Rs 52 crore) in a Series B round of funding led by homegrown venture capital firm Nexus Venture Partners, a company statement said.”, reported VC Circle. The funding also saw participation from the existing investors Inventus Capital Partners, Saama Capital and Qualcomm Ventures.

Shardul Amarchand Mangaldas has promoted six to its equity partnership, reported Bar & Bench.