Mahindra Holidays

The Mahindra Group’s real estate and infrastructure development arm, Mahindra Lifespaces Developers Limited, has hired Parveen Mahtani as its chief legal officer, based in Mumbai.

Former Inox Leisure vice president legal and company secretary Dhanraj Mulki has joined Mahindra Holidays as general counsel and company secretary.

Reliance Industries (RIL) Exploration & Production head legal, Naveen Raju, has joined Mahindra & Mahindra as its new group general counsel (GC).

After a near-hiatus for almost one year the IPO pipeline has finally filled up this July. No company wants to be left behind by the cheap cash-for-equity gravy train, the gold rush now appears to be self-sustaining – at least for the time being.

The distribution of spoils among Indian law firms is likely to be less even-handed.

Khaitan & Co scored the Mahindra Holidays & Resorts listing in Mumbai, which netted the Mahindra Group around Rs. 275 crore over the past month and to many investors signalled a temporary end to the initial public offering (IPO) drought.