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Editor's picks

Lawyer aggregator websites ban? Of fake news & the perennial confusion around whether lawyers can (and do) advertise

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NLIU students celebrate ‘milestone’ after director leaves, hail CJ as their 'saviour', university returns to 'tranquility'

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NLIU director SS Singh resigns • One week of successful student protests wind down • HC appoints registrar + inquiry

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NUJS exec council rejects triple-campus expansion plans after students slam idea in 8-page representation

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Tell your sexual harassment stories: How big are the elephants in the rooms and corridors of the law?

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Read ED submission in SC to keep lawyer Rohit Tandon jailed: Laundered up to Rs 128 cr demonetised notes, won’t explain origin of cash

IALS Global Law Deans’ Forum & Annual Meeting, 2017: Hosted by Symbiosis Law School, Pune

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Law firms  8 hours ago

Link Legal promotes JSA-AZB-alum from projects AP to partner

Link Legal India Law Services has promoted associate partner Shashwat Kumar to partner.

In-house counsel  8 hours ago

Ex-Vaish indrect tax head Shilpa Sharma now heading impactful indirect tax matters for Inox Group

Former Vaish Associates indirect tax head Shilpa Sharma, who had left the firm in April, has joined the Inox Group as legal advisor.

Law schools  13 hours ago

NUJS to help West Bengal set up 2 more national law schools, upping NLU count to 22

NUJS Kolkata has offered to help the West Bengal state government set up the 21st and 22nd national law universities (NLU) in India, reported The Telegraph.

Private equity / VC  Yesterday

SAM, AZB, Kirkland on Axis Bank’s $1.78bn mega fundraising from Bain Capital, LIC and others

Shardul Amarchand Mangaldas advised and acted as the legal counsel for Axis Bank and was led by the private equity group of their general corporate practice team for all the legal aspects of the transaction. The transaction team was led by executive chairman Shardul Shroff, Mumbai-based regional practice head Raghubir Menon (M&A and PE, General Corporate), partners Abhishek Guha, Yogesh Chande, and senior associates Ankit Kejriwal and Anwesha Haldar, associates Kanwardeep Kapany, Gaurav Malhotra and Keegan Pavrey.

In-house counsel  Yesterday

Coca Cola GC Devdas Baliga takes over as GC of Horlicks maker GSK, Ish Bali now Coca Cola GC

Former vice president legal at The Coca Cola Company Devdas Baliga has joined GlaxoSmithKline company GSK Consumer Healthcare as its executive vice president legal for the India subcontinent.

Finance  4 days ago

Argus, Dhaval Vussonji assist KKR India Asset Finance on $19m loan to Omkar

KKR India Financial Services, Indian non-banking financial company of US private equity firm KKR & Co, has extended debt of Rs 125 crore (USD 19 million) through a three-year credit facility to Accord Builders, a part of the Mumbai-based Omkar Realtors group, as reported by The Economic Times & Mint. The funds are to be utilised for construction and development of two residential projects in Mumbai.

Bar, Bench & Litigation  3 days ago

Lawyer aggregator websites ban? Of fake news & the perennial confusion around whether lawyers can (and do) advertise

Indian lawyers listing their profiles on a number of websites, apps and aggregators are guilty of “surrogate advertising”, Bhasin & Co managing partner Lalit Bhasin told the Hindustan Times in an article headlined “Law firms’ body seeks ban on apps, websites offering legal services”, with a nutgraf of “The Bar Council says the practice is equivalent to surrogate advertising”.

Law firms  4 days ago

Pamasis Law merges with good Mumbai friend Aditya Chopra, becomes PSL • Targets Chandigarh, Ahmedabad next

Pamasis merges with SanAd Legal to form PSLPamasis Law Chambers and SanAd Legal have merged to form the 5-partner, 20-lawyer Delhi and Mumbai based law firm PSL.

Capital Markets  4 days ago

CAM, SAM, Sidleys advise on $155m Indian Energy Exchange IPO

“The Rs 1,001 crore initial public offer has received good response from investors, with the issue getting oversubscribed 2.28 times. It was the first IPO by a power exchange in the country.”, reported Moneycontrol. IEX is India’s premier power trading platform and provides an automated platform for physical delivery of electricity, enables efficient price discovery and offers participants the opportunity to trade in a variety of energy products. The issue opened for subscription during October 9-11, with a price band of Rs 1,645-1,650 per share and debuted on the bourses on October 23rd.

In-house counsel  4 days ago

Ex-JSA partner Nitin Banerjee vacates Vodafone for GC, excom role at Cairn India post-Vidyut Gulati

Former Vodafone senior vice president legal Nitin Banerjee has joined Indian energy major Cairn Oil & Gas to replace Vidyut Gulati as its group general counsel (GC), as first reported by PTI.

In-house counsel  17 November 2017

Ex-ELP TMT head Jyoti Pawar follows Gopi Krishnan in Infosys deputy GC role

Former Economic Laws Practice (ELP) partner and practice head Jyoti Pawar, who went independent last year, has joined Infosys to succeed Gopi Krishnan as deputy general counsel.

Bar, Bench & Litigation  17 November 2017

Ex-LCIA India registrar Ajay Thomas joins ICC India arbitration group as vice-chair, alongside Ciccu

Following the London Court of International Arbitration (LCIA) India shutting its India operations in April 2016, its former registrar Ajay Thomas has moved to LCIA rival, the International Chamber of Commerce (ICC) International Court of Arbitration (ICA) in a part-time role.

Capital Markets  17 November 2017

Sidleys, Luthra, CAM advise on Godrej Agrovet’s $180m IPO

“The Rs 1,157-crore initial public offer (IPO) of Godrej Agrovet (GAVL) was subscribed 51.84 times times on the final day of bidding process”, reported The Economic Times. GAVL is a diversified, research & development focused agri-business company with operations across five business verticals of animal feed, crop protection, oil palm, dairy, and poultry and processed foods. The initial public offering opened for subscription on October 4th and closed on October 6th, with a price band of Rs 450-460 per share.

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