Shardul Amarchand Mangaldas

Shardul Amarchand Mangaldas has promoted six to its equity partnership, reported Bar & Bench.

Shardul Amarchand Mangaldas corporate and M&A salaried partner Sourav Kanti De Biswas has resigned, according to authoritative sources. It is understood from sources that he will be taking some time off.

Cyril Amarchand Mangaldas (CAM) has hired Shardul Amarchand Mangaldas principal associate Mukul Sharma as a corporate partner in its Delhi office, according to CAM’s press release.

“Co-working space startup IndiQube, operated by Innovent Spaces Pvt. Ltd, on Monday said it has raised $15 million (close to Rs 100 crore) in a Series A round from WestBridge Capital Partners, a public markets-focused private equity firm. The round also saw participation from Ashish Gupta, co-founder of venture capital firm Helion Ventures, who serves on the advisory board of the company,” reported VCCircle.

Shardul Amarchand Mangaldas has promoted 8 of its lawyers to partner, growing it to a total of 109 partners, according to its press release.

Nivedita Tiwari, who had resigned from Cyril Amarchand Mangaldas (CAM) in April, is due to join Shardul Amarchand Mangaldas (SAM), we reliably understand.

Shardul Amarchand Mangaldas (SAM) has promoted a total of 20 of its senior associates to principal associate level, with a fairly even split between the Mumbai and Delhi region.

Khaitan & Co had initially been loathe to let partner Avaantika Kakkar leave the firm to Cyril Amarchand, when we first reported her move on 14 April.

In what will be welcome to the firm’s corporate strength, Shardul Amarchand Mangaldas Mumbai corporate finance and M&A partner Jay Parikh is set to join Luthra & Luthra in Mumbai early next month, according to authoritative market sources.

Shardul Amarchand Mumbai partner Jay Parikh, who joined the firm in 2015 from Verus Advocates, has resigned from the firm.

Four Indian law firms are advising in world-record breaking sale of Indian unicorn Flipkart, the biggest domestic Amazon competitor, to Walmart.

Shardul Amarchand Mangaldas (SAM) long-time partner Akila Agrawal has resigned from the firm, according to authoritative sources.