P&A Associates
Law firm P&A Law Offices has hired SREI Infrastructure Finance senior vice president Ketan Mukhija as corporate partner in Delhi.
Bangalore-based fintech company BankBazaar in October concluded over 100 days of negotiating an investment transaction, pulling in $30m from London-based credit agency giant Experian and others, as reported by Techcrunch.
The Supreme Court today lifted a ban on registering diesel cars, SUVs and other vehicles with an engine capacity of 2,000 cc and more in the National Capital Region after depositing one per cent of the ex-showroom price as environment compensation charge (ECC) with the Central Pollution Control Board (CPCB).
Amity Delhi 2011 alumni Abhinav Hansaria, Archit Virmani and Tushar John started up corporate law firm Optimus Legal in Delhi, in May.
Nishith Desai Associates acted as Indian legal and tax counsel for Cognizant, which bought Atlanta-based digital video solutions company itaas, which was represented by P&A Associates.
Nishith Desai's Munich-based European operations head Ruchi Biyani, with partner Nishchal Joshipura and Singapore-based international tax head Mahesh Kumar, acted for the Indian IT giant, alongside US law firm Venable.
P&A, which used to have a best friend relationship with Jones Day several years ago, acted for itaas led by managing partner Anand Pathak, together with US law firm Morris Manning & Martin.
The deal value was not disclosed but itaas is estimated to have revenues of around $30-50m annually, wrote Mint in a detailed report, and is hoped to help Cognizant increase its US work from US telecoms and media companies.
AZB & Partners Delhi and P&A Associates advised on the sale of AppLabs to Computer Sciences Corporation (CSC) for as much as Rs 1,200 crore ($253m).
Exclusive: P&A Associates and client MCX-SX won an order from the Competition Commission of India (CCI) finding that the National Stock Exchange (NSE), which was represented by Amarchand Mangaldas and Vaish Associates, had abused its dominant position.
The case will head to the CCI on 2 June to allow NSE to respond on the question of penalty, but the decision significantly reduced the director general’s (DG) earlier definition of the “relevant market” in a partial victory for NSE, according to a CCI draft order that Legally India has seen.