Azb Partners

AZB Mumbai entices Suzlon Energy legal head Naved Askari back to private practice

Suzlon Energy senior legal counsel Naved Askari, who was heading the company’s corporate and operations legal team, is to join AZB & Partners as a Mumbai-based counsel, reported Bar & Bench.

The 1998 GLC Mumbia graduate has previously worked at Mulla & Mulla, Wadia Ghandy, and Wockhardt, before joining Suzlon in 2009.

IPOs are HOT again: Cyril BLR, AZB Delhi do $165m Cafe Coffee Day IPO with BakerMacs

In a week that’s seen a raft of companies hitting the markets, Cyril Amarchand Mangaldas Bangalore partner Arjun Lall has scooped the mandate advising Cafe Coffee Day on its Rs 1,150 crore initial public offering (IPO), with AZB & Partners and Baker & McKenzie acting for the banks.

AZB Delhi partner Madhurima Mukherjee with senior associate Agnik Bhattacharyya and associate Namita Das acted for the global book running lead managers Kotak Mahindra Capital, Citigroup Global Markets and Morgan Stanley.

BakerMacs’ India head Ashok Lalwani handled the international elements of the deal.

AZB Mumbai hires RBI executive director G Padmanabhan

AZB Mumbai promotes 2 to partner: BLR-Nalsarite Nanditha Gopal, Pune-head Percis Anklesaria

Anklesaria (l), Gopal (r)Anklesaria (l), Gopal (r)Senior associates Nanditha Gopal and Percis Anklesaria will be promoted to partner.

When women complain: The many tribulations & rare trials in speaking out about sexual harassment [via Mint]

Huh, what is this sexual harassment think you speak of?Huh, what is this sexual harassment think you speak of?Sexual harassment appears to be everywhere these days, yet it was always so. Complaints, on the other hand, seemed to be rarer only a few years ago.

Luthra, AZB do RBL 1,100 cr IPO fundraising with Khaitan

Luthra & Luthra is acting for fast-growing RBL Bank of 183 branches, formerly called Ratnakar Bank, which aims to raise Rs 1,100 crore ($173m) via initial public offering (IPO), with AZB & Partners and Dorsey & Whitney acting for the bankers, led by Kotak Mahindra Capital Company.

AZB Mumbai partner Varoon Chandra with senior associate Lionel D’Almeida acted for the lead managers. Dorsey Hong Kong partners John Chrisman and Kenneth Kwok advised on international laws.

Luthra & Luthra Mumbai partner Manan Lahoty acted for the issuers.

Khaitan & Co Mumbai associate partner Madhur Kohli was domestic counsel for two selling shareholders, Beacon and Gpe, that together sold 13 million shares according to the Business Standard.

S&R, AZB act on Vodafone's $200m stake sale in Bharti Infotel to Bharti

S&R Associates acted the Vodafone Group in its sale of $200m Bharti Infotel, representing around 4.2% interest in Bharti Airtel, to Bharti Enterprises, which was represented by AZB & Partners.

S&R partner Rajat Sethi and associates Tanya Aggarwal and Lakshmi Pradeep acted for Vodafone.

AZB Delhi partner Gautam Saha acted for long-standing client Bharti.

The sale was made due to a telecoms department directive restricting any group from holding stakes in more than one telecom licensee in one area, reported Reuters

AZB, Khaitan BLR in $25m buy of Pune's Clarice by Globant IT major

AZB & Partners advised global Argentina-founded IT and software development company Globant on buying, for up to around $25m, Pune-based product engineering firm Clarice Technologies which was advised by Khaitan & Co.

AZB Bangalore partner Anind Thomas and senior associate Percis Anklesaria acted for Globant.

Khaitan Bangalore partner Rajiv Khaitan, associate partner Vinay Joy and associates Karandeep Makkar and Kirti Krishna acted for Clarice.

The deal is worth Rs 125 to Rs 160 crore, reported the Economic Times.

AZB, JSA, BMR top private equity league table for Q1 of 2015

Venture Intelligence, which tracks private equity transactions “involving India-based companies” has published its ranking for the first quarter of 2015.

Cyril (Amarchand) to hire AZB Delhi partner Ritika Rathi

AZB & Partners former Delhi partner Ritika Rathi will join the soon-to-be-started Delhi firm of Amarchand Mumbai managing partner Cyril Shroff.

What’s different in India’s top 40 law firm ranking in 7 years? And how would (Cyril) & (Shardul) Amarchand rank independently? [via Mint]

RSG top 40 (via Mint)RSG top 40 (via Mint)If all you care about are the top spots, not much has changed in the rankings of the 40 leading corporate Indian law firms that London-based RSG Consulting has produced since 2008.

Amarchand Mumbai, AZB B'lore help Infosys buy US company for $120m

Saikrishna assembles with AZB, TTA-Dhall to secure Avengers Age of Ultron release over digital projection CCI complaint

Age of UltronSaikrishna & Associates won the Competition Commission of India’s (CCI) approval for the Walt Disney movie Avengers: Age of Ultron, securing its release in theatres today after the CCI failed to find anti-competitive behavior by the Hollywood producers.

Another month, another Ola cash transfusion (from Russia): Indus, AZB, foreign firms profit

IndusLaw advised India’s largest taxi aggregator Ola Cabs, backed by Japan’s Softbank Corp, in raising $314m (Rs 1,952 crore) from Russian Yuri Milner’s DST Global which was advised by AZB & Partners and Goodwin Procter.

Indus Delhi partner Gaurav Dani, senior associate Divya Varghese and associate Nitin Gera acted for Ola. AZB Mumbai partner Darshika Kothari and Goodwin partner Yash Rana acted for DST

Gunderson Dettemer partner Steven L Baglio and lawyer Melissa B Marks acted for new investor Internet Fund. Morrison Foerster of counsel James T McCormick and associate Noah Carr acted for SoftBank Internet and Media (SIMI).

In November 2014, Olacabs had raised $210m from SIMI and its existing investors including Tiger Global, Matrix Partners India and Steadview Capital.

The number that makes law firms tick (and Khaitan similar to JSA; AZB close to Amarchand; but all different to Trilegal) [via Mint]

GearingGetting the ratio of partners to non-partner fee-earners right has its rewards, but it is, at best, an inexact science.

Q1 2015 M&A league table sees massive uptick in work as pre-split Amarchand grabs top spot with AZB

M&A League TablesIn what will possibly have been its last quarter of existing as a single firm, Amarchand Mangaldas again acted on the most valuable M&A deals though AZB & Partners emerged as the firm with the largest number of recorded transactions.

AZB promotes 2 in Mumbai, 8 in Delhi: Majority corporate but 2 litigators evidence ‘significant’ disputes push

kpoaw5aqAZB & Partners has promoted 10 lawyers to partner level, with two getting the nod in Mumbai and 10 in Delhi.

Shardul Shroff in talks to set up Mumbai HQ in AZB’s Express Towers office & Fort

Amarchand Delhi’s Shardul Shroff is set to take two additional office spaces in Mumbai after mediation will end, including the soon-to-be-ex Nariman Point office of AZB & Partners.

JSA, AZB act on PVR's buyback of L Capital equity

2014 M&A league tables: Combined Amarchand had double deal values of closest rival in 2014 league table, AZB topped by volume

M&AAmarchand maintained its standing as India’s clear M&A leader topping the annual chart for the third year in a row.

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