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The President of India recently sold 10.19% of shares in HUDCO for Rs 1,209 crores ($188m) in an IPO in India and concurrent private placements outside the country (including a Rule 144A offering in the United States), as reported by The Times of India.

The Common Law Admission Test (CLAT), which published a revised answer key making 9 corrections yesterday after at least 13 potential errors were identified in its original key, has managed to correct a question that had two correct answers, by removing the previous correct option from the list.

The Common Law Admission Test (CLAT) will publish a revised answer key at 10pm, according to its website, following at least 13 potential errors in the initially published key.

Mswipe Technologies Private Limited, a mobile point of sale (POS) service provider, is to acquire the offline merchant-acquisition point-of-sale (POS) vertical business of PayU Payments Private Limited, as reported by Medianama and others.

Phoenix Legal and senior counsel Ramji Srinivasan won for Arnab Goswami’s new TV news venture Republic in the Delhi high court, after the India Today Group withdrew its writ that we had first reported yesterday, which challenged Republic for allegedly violating the telecom law to gain unprecedented TV ratings (TRP).

“Domestic air-conditioning major Voltas today said it has formed an equal joint venture with Turkish company Ardutch BV to introduce the Beko brand of home appliances in the Indian market. The joint venture will have an equity capital of USD 100 million and will set up a manufacturing plant in the country, it said in a statement,” reported DNA.

IndusLaw has moved from its Noida office to Delhi, to work out of a space that can accommodate 80 people, with an area of around 9,000 sq ft.

Alpha Partners, the boutique started in 2012 in Noida by former SRGR lawyer Akshat Pande, demerged from Seth Dua Associates (SDA) on 1 April after a full year of operating as SDA’s Noida office.

Clyde & Co’s Indian best friend Clasis Law associate partners Rahul Beruar (heading IP law at the firm, having joined from Lakshmikumaran & Sridharan in 2015, after its previous IP head was poached by Cyril Amarchand Mangaldas) and Vikram Bhargava (corporate and regulatory) have been promoted to partner level, reported Bar & Bench.

Supreme Court Justice Dipak Misra wrote a 192-word opening sentence in an order in 2015, to say that the case before him was a frivolous litigation filed to harass and arm-twist the opposing party into agreeing to an out-of-court settlement. Justice Misra’s frustration with the case, however, was particularly linked to the rampant abuse of a procedural provision.

Dua Associates has grown its equity partnership by two, and made two new salaried partners in the Gurgaon, Delhi and Mumbai corporate teams.

We understand that law firm Phoenix Legal is defending journalist Arnab Goswami’s freshly launched news channel Republic TV in the Delhi high court, against news channel TV Today’s writ that alleges that Republic is violating telecom law to gain unprecedented television ratings (TRP).

HNLU Raipur has released the 2016-17 placement statistics of its recruitment coordination committee (RCC), after a successful year of hunting jobs via PPOs and interviews made on campus and via video-conferencing.

Shardul Amarchand Mangaldas Mumbai partner Shuva Mandal is set to become the top general counsel (GC) of Tata Sons, the holding company of India’s largest conglomerate, replacing its long-serving GC Bharat Vasani, according to two authoritative sources.

Nirma University Ahmedabad’s law school has blocked its students’ institutional email addresses allegedly to prevent them from saying unfavourable things about the college, days after students accused Nirma’s administration in leaked group emails of fudging its placement record in the mainstream media, according to the Ahmedabad Mirror.

Shardul Amarchand Mangaldas Mumbai partner Shuva Mandal is set to become the top general counsel (GC) of Tata Sons, the holding company of India’s largest conglomerate, replacing its long-serving GC Bharat Vasani, according to two authoritative sources.

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