Ernst & Young
Realty Major DLF Limited has entered into an agreement to sell a stake of 33.34% in its rental arm, DLF Cyber City Developers Limited (DCCDL) to Reco Diamond Private Limited, an affiliate of the Singapore sovereign wealth fund, GIC Group, in a multi-stage transaction for an aggregate value of US$ 1.9 billion, as reported by VCCircle and Business Standard.
Former Ernst & Young director, international trade Tashi Kaul has joined Lakshmikumaran & Sridharan (LKS) today as a partner in its Delhi international trade and competition practice.
Ernst & Young (EY) director of fraud investigation and dispute services Ajay Upadhyay has joined AZB & Partners in Mumbai.
Ernst & Young (EY India) executive director Amit Bhagat joined PricewaterhouseCoopers (PwC) as a partner in the indirect tax practice with his team of 12 professionals.
SC Singhvi retires, leaves legacy
The Supreme Court’s justice GS Singhvi, most famous for his stern treatment of the 2G and the land acquisition cases, retired today just after overturned the progressive Delhi HC judgment that had decriminalised homosexuality [The Hindu]
Madras HC advocates for Ganguly
Madras HC advocates yesterday took out a rally in support of sexual harassment accused former Supreme Court judge AK Ganguly, asserting that he was being targeted because of his stern dealing of sensational cases [TOI]
CCI’s giant Coal India fine
Coal India is facing Rs 17.7 billion ($290m) Competition Commission of India fine for abusing its dominant position and imposing unfair conditions in fuel supply agreements with customers [Reuters]
E&Y legal to launch Singapore with HSF partner
“Former Herbert Smith Freehills’ Singapore partner John Dick has joined Ernst & Young Singapore as a partner as the “big four” accounting firm mulls legal services launch,” reported [The Lawyer]
PIL reveals crippled IPAB
A PIL in the Madras HC has brought attention to the “crippled” state of the Intellectual Property Appellate Board due to insufficient funds to have permanent premises for its principle and circuit benches [TOI]
Maha-NLS dream remains distant
Maharashtra CM Prithviraj Chavan “dodged” the Times’ query regarding schedule of setting up of Nagpur NLS, even though its proposal was earlier promised to be tabled in the winter session of the state legislative assembly. The paper now writes it could be a distant dream [TOI]
Exclusive: Former Ernst & Young (E&Y) associate director Gajendra Maheshwari and manager Rajat Bose started up tax and disputes boutique Reina Legal on 1 December in Gurgaon, after hiring seven associates including a mix of chartered accountants (CA) and lawyers.