Law firms
NCR-based IP boutique firm, Sujata Chaudhri IP Attorneys, has promoted senior associate VC Mathews to associate partner.">
Finance
Dutch development bank, FMO has raised close to Rs 200 crore (approximately $30.5 million) in debt through subscription of non-convertible debentures issued by renewable energy firm Azure Power India, as reported by Mint.
Law firms
HSA Advocates partner Ajoy Halder has left the firm last month to set up start-up law firm Halder & Associates in Delhi.
Law firms
The April 2016 merger between Alliance Corporate Lawyers and Dhaval Vussonji & Associates has fallen apart, with the former operating as Alliance Law from 31 October.
Corporate M&A
Infradigital Technologies, a company promoted by Eros Labs, is reported to have sold its business undertaking engaged in the business of production and distribution of spiritual, devotional and religious audio-visual content and literature to Innertech Media Solutions, a portfolio company of Times Internet Limited. The business division was transferred as a going concern on a slump sale basis.
Link Legal (DH) Mumbai hires RM Partners lit-corp duo Nikhil Rodrigues, Jyoti Maheshwari as partners
Law firms
Link Legal India Law Services has hired the co-founders of RM Partners, Nikhil Rodrigues and Jyoti Maheshwari, as partners in its Mumbai office.
Law firms
Fox & Mandal Kolkata - the Kolkata partnership of the Fox Mandal group of three firms - has hired Khaitan & Co Kolkata senior associate Atreyee Sen as a principal associate in its corporate practice.
Law firms
Luthra & Luthra partner, Pranjal Bora, homegrown at the firm for 15 years, has left the firm, we have learned.
Private equity / VC
“Mid-market private equity firm Gaja Capital and global PE buyout specialist KKR have jointly led a Rs 980-crore investment in Avendus Capital, as the domestic financial services firm looks to scale up its asset management and newly-launched credit businesses,” reported the Economic Times.
Law firms
Ashok Kumar Mishra, former Kolkata debt recovery tribunal (DRT) presiding officer and former general manager legal of IDBI Bank, has joined Mumbai-based MDP & Partners (formerly M Dhruva & Partners) as a senior partner to head its banking practice.
Law firms
T&T Law founding partner Rohit Tandon, now in jail for nearly a year in one of the most high-profile arrests carried out in the wake of the government's demonetisation drive in 2015, is now awaiting a final order of the Supreme Court over his bail plea in the money laundering case against him.
Private equity / VC
Online lending startup Ziploan, operated by Delhi-based Blue Jay Finlease, has raised Rs 20 crores (around $3m) in a funding round led by Matrix Partners India along with existing investors Whiteboard Capital, Waterbridge Ventures, Capital 18 Managing Director Sarabvir Singh & GrowX Projects as reported by VC Circle and The Economic Times.
Law firms
Michelle Solomon Le Page has been promoted to equity partner on 1 October at Mumbai-headquartered firm Solomon & Co, which had been founded by her great-grandfather in 1909.
Law firms
Cyril Amarchand Mangaldas (CAM) has significantly underbid competitors Shardul Amarchand Mangaldas (SAM) and Luthra & Luthra to win the final rounds of blind bidding for the mammoth strategic Air India disinvestment, quoting Rs 29.9 lakh ($46,100) in fees for what is expected to be a complex series of corporate M&A deals, said sources with knowledge of the bid.