Law firms

Sujit Ghosh, the co-founding partner of two best friends of Big 4 consultancies - BMR Legal and most recently Advaita Legal - is set to leave the firm soon, we have learned.

Fortis Healthcare Limited was aquired by Malaysian-Singaporean healthcare group IHH Healthcare Berhad (through its wholly owned subsidiary, Northern TK Venture Pte Ltd), through a preferential issue of equity shares of Fortis for a consideration of Rs 4,000 crores at a price of Rs 170 per Equity Share amounting to 31.1% of Fortis’ share capital, as reported by Mint and others.

Law firm P&A Law Offices has hired SREI Infrastructure Finance senior vice president Ketan Mukhija as corporate partner in Delhi.

Funds partners Ganesh Rao and Aditya Jha from AZB & Partners are understood to be heading to Trilegal, though we understand that the partnership vote to admit them into Trilegal has not yet completed.

IDFC Alternatives vice president legal Vedant Shukla, has joined Cyril Amarchand Mangaldas in Mumbai as a partner.

Bangalore-based disputes and conflict avoidance boutique G-Droit Advocates, founded by NLU Jodhpur alumnus Gautamaditya, has added former partner of Lawcept Partners, Aravind Mokkapati, as its first non-founder equity partner to expand the firm’s practice into corporate.

Unlike many other large firms that have struggled to find good business in Hyderabad - Trilegal closed its office in January and Cyril Amarchand Mangaldas only has a skeleton presence remaining there, Tatva has doubled down on the state following the Andhra Pradesh-Telangana bifurcation.

“Online travel agency Cleartrip has acquired Saudi Arabian travel start-up Flyin with the deal size pegged at $60-70m by sources close to the development,” reported Mint.

Dua Associates corporate and private equity partner Himanshu Narayan is to join Cyril Amarchand Mangaldas with his team-member partner Amarta Roy, Bar & Bench has first reported.

Wadia Ghandy homegrown partner Swapnil Khatri has joined IndusLaw as partner in Mumbai in its disputes practice.