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Law schools  28 October 2017

GNLU students ‘ashamed’ of VC Bimal Patel’s ‘disrespectful', unsubstantiated drugs diatribe in Jumika Yeptho memorial service

At least 50 GNLU Gandhinagar students coordinated to send separate protest emails to director Dr Bimal Patel last night over his unsolicited lecture against drug use during the memorial service for student Jumika Yeptho, who died of tuberculosis meningitis on Thursday.

Law firms  27 October 2017

SAM, CAM, Hammurabi, CB, Luthra, ALMT & Trilegal pitch for Air India disinvestment mandate

Shardul Amarchand Mangaldas (SAM), Crawford Bayley, Luthra & Luthra, ALMT Legal, Trilegal, Hammurabi & Solomon and Cyril Amarchand Mangaldas (CAM) have applied to act as legal advisors on Air India's share sale, reported the PTI.

Germany  27 October 2017

Germany’s new anti-money laundering transparency register: What needs to be done?

Heuking Kühn Lüer Wojtek's Dr André-M Szesny, LLM, Dr Susanne Stauder and Anna Coenen explain Germany's new transparency register.

Private equity / VC  27 October 2017

Samvad for Policybazaar $79m Series E, as Khaitan for Temasek, CAM for Premji

Online insurance selling platform Policybazaar, which is operated by ETechAces Marketing and Consulting, has raised Rs 515 crore ($79 million) in a Series E funding round, as reported by VC Circle.

Law schools  27 October 2017

IDIA scholar, GNLU student Jumika Yeptho loses battle against tuberculosis and funding, despite best efforts

GNLU Gandhinagar student and Increasing Diversity by Increasing Access (IDIA) scholar Jumika Yeptho died yesterday of advanced tuberculosis meningitis, despite an IDIA campaign to raise funding for his medical expenses.

Law firms  27 October 2017

NLS firm MD&T Partners merges with younger firm Equitas Legal to up lit capacity

Bangalore law firm MD&T Partners merged with litigation firm Equitas Legal on 1 October, to form a six-partner, 17 lawyer firm in the city.

Law firms  26 October 2017

Kochhar Chennai partner Hufriz Wadia back to banking as AZB Mumbai counsel with Bahram

Kochhar & Co Chennai-based partner Hufriz Wadia has joined AZB & Partners as counsel in Mumbai on 16 October.

Law firms  26 October 2017

‘Ludicrous’: 94% of foreign firms don’t actually want to open an India office in an SEZ reveals survey, cast doubt on gov plans

In an online straw poll of foreign law firm India group partners we conducted, 15 out of 16 (94%) responded that opening an office in a special economic zone (SEZ) in India “would not be interesting for us under any circumstances”, casting doubt over the government's current seemingly preferred approach to liberalise the Indian legal market by starting with SEZs.

Law firms  26 October 2017

Start-up Singularity by ex-Nishith 2011-grad Prateek Bagaria aims to reinvent law firm universe with international focus

Former Nishith Desai Associates (NDA) consultant and 2011 GLC Mumbai graduate Prateek Bagaria has started up law firm Singularity Legal.

Law firms  26 October 2017

Kochhar hires Khaitan Bangalore leaver Abhilekh Verma

Former Khaitan & Co Bangalore partner Abhilekh Verma, whom we had reported as leaving in July, is joining Kochhar & Co as a senior partner according to a press release from the firm.

Capital Markets  24 October 2017

Khaitan, Luthra & Luthra, Ashurst, JSA advise Baring PE Asia-owned CMS Info Systems on $184m IPO

“Cash management company CMS Info Systems has filed preliminary papers with markets regulator Sebi to raise about Rs1,000-1,200 crore through its initial share-sale offering. The company’s initial public offer (IPO) is a pure offer for sale.” reported Livemint and Moneycontrol. CMS Info Systems, fully owned by Baring Private Equity Asia, provides cash management services, which include ATM services, and cash delivery and pick-up. Existing shareholders would sell 44.4 million equity shares, resulting in a 30% stake dilution on a post-issue basis.

Corporate M&A  24 October 2017

Link Legal for L&T on $80.6m sale of EWAC Alloys to UK based ESAB, opposite Gibson Dunn

Engineering giant, Larsen and Toubro Ltd (L&T) has entered into a definitive agreement with UK-based subsidiary of Colfax Group, ESAB Holdings, to sell 100% stake of its wholly owned unlisted subsidiary EWAC Alloys, for a total consideration of Rs. 522 crores ($80.6m) as reported by Livemint & Moneycontol. The transaction is a part of L&T group’s strategy to divest from their non-core business and is expected to be completed within 60 days from the date of execution of the share purchase agreement.

Law schools  24 October 2017

1/2 Kilo ganja found by police on 2 Nalsar students

Two Nalsar Hyderabad students were arrested for allegedly possessing 475gms of weed, reported the Deccan Chronicle.

Law firms  23 October 2017

Link Legal India Law Services promotes CLC '06 Milind Jha to partner

Link Legal India Law Services (LLILS) promoted re-hired associate partner Milind Jha to partner in its corporate and projects practice.

Law firms  16 October 2017

Bharucha merges with (TMT) Arthe into 12-partner Delhi-Mumbai powerhouse • Bharucha co-founder Vivek Vashi goes indie

Bharucha & Partners is merging with Arthe Law, the Delhi-headquartered firm created by the joining of hands in April between Abhishek Malhotra-founded TMT Law Practice and DPSA Legal, the disputes practice of former additional advocate general DP Singh.

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