This is how foreign firms could see themselves coming to India, if a very old joke were to become history

Public M&A in Switzerland


Has the Competition Commission of India (CCI) been an effective regulator?

The Emerging Landscape of Arbitration in India: 2017 and Beyond…


Time to be Bullish to Buy Brazilian Businesses?

India Prepares to Open New Chapter on Taxing Histories

Editor's picks


The int’l IPO cap markets 2017: league table rewritten as talent scatters, give glimpse into domestic alliances: Sidleys ahead of Herbies, Clydes friendly with CAM


Guj HC summons Bimal Patel, registrar for potential contempt of prior orders, rages: ‘No one is above law’


Anand Desai interview: DSK plans big growth • Hires ex-CAMmer Padmini Rathore as CEO • To convert from eat-and-kill after two-year equity freeze


NUJS students RTI admin’s alleged burial of first-ever university review report, receive no response


Unprecedented crisis sparks luminary press for lawyers to take judicial appointments mandate away from judiciary


5 Indians make top 15 ranking of Asia’s hardest-working M&A partners (try nearly a deal per fortnight, natch)


Liberalisation case closed: Foreign lawyers finally more cautious • LCIA argued for allowing foreigners to arbitrate here • BCI says no (again)

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Capital Markets  20 December 2017

SAM, Luthra, Squires on $312m Union Bank of India QIP

State-owned lender Union Bank of India (UBI) has proposed to raise up to Rs 2,000 crores (approximately $312.4 million) through qualified institutional placement (QIP) with an initial offer of Rs 1,000 crores followed by a green-shoe option for another Rs 1,000 crores, as reported by Financial Express. The placement document was filed with the Indian stock exchanges on 12 December 2017. As a part of the transaction, equity shares of face value of INR 10 each of UBI were placed with QIBs, aggregating to INR 2000 Crores.

Pre-law student  20 December 2017

Nuals’ CLAT 2018 scheduled for 13 May, no age limit notified

The Common Law Admission Test (CLAT) 2018 will be conducted on 13 May and will be open to candidates of all ages.

Law firms  20 December 2017

Cyril Amarchand lateral projects partner Piyush Mishra likely to join AZB (after March 2018)

Cyril Amarchand Mangaldas (CAM) Delhi partner Piyush Mishra, who had been hired in 2015 from Luthra & Luthra, has resigned the firm and is understood to in advanced talks to be joining AZB & Partners.

Law schools  19 December 2017

Confirmed: NLS, Nalsar, NUJS did not apply for Institution of Eminence status & up to Rs 1,000 crore funding

NLSIU Bangalore, Nalsar Hyderabad and NUJS Kolkata did not apply for Institution of Eminence (IoE) status, the application deadline for which closed on 12 December, as we had reported last week that the rules were likely not conducive to NLUs securing funding.

In-house counsel and GCs

Law firms  19 December 2017

AZB forensic partner Ajay Upadhyay returns to Big 4 at KPMG

AZB & Partners Mumbai lateral partner and compliance and investigation practice head Ajay Upadhyay has moved to KPMG as a partner in its forensic practice, two years after having joined from E&Y.

Law firms  14 December 2017

Solomon & Co opens up in Pune as home base Mumbai gets ‘saturated’ and over-trafficked

Bombay solicitors firm Solomon & Co has expanded to Pune after 109 years of operations only from Mumbai.

Law firms  14 December 2017

Karanjawala promotes 9 associates to senior associate

Karanjawala & Co has promoted nine associates from Amity Delhi, Amity Noida, Symbiosis Pune, RGNUL Patiala, Llyod Noida and GLC Mumbai to senior associate.

Private equity / VC  13 December 2017

AZB Delhi double-teams on giant $350m Warburg-Airtel deal

“Airtel will sell a 15% stake in the DTH business to Warburg Pincus entity Lion Meadow Investment for Rs 1,623.76 crore, the telecom firm said in a stock exchange filing on Tuesday. Another group company that holds 5% of Bharti Telemedia will offer its entire stake to the PE firm. The deal values Bharti Telemedia at close to Rs 11,300 crore. This may make it India’s second largest DTH player by valuation, according to industry experts,” reported The Economic Times.

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Law schools  13 December 2017

JGU has applied for Institution of Eminence status (NLUs probably can’t)

JGLS Sonepat stands a chance to make it to the Indian government recognised list of eminent institutions, in which none of the 22 national law universities (NLUs) may find a spot.

SCOI Reports  13 December 2017

CJI meets legal hacks, hints that may allow journos to live tweet from SC courtrooms in future

Chief Justice of India (CJI) _Dipak Misra_ on Monday hinted at possibly allowing journalists to publish news straight from courtrooms on Twitter from their mobile phones, live during case proceedings in the Supreme Court.

Bar, Bench & Litigation  06 December 2017

A 1st, 2nd & 3rd in judgeships: Collegium tips Dua partner Senthilkumar Ramamoorthy, NLS grads Chinnadorai Saravanan, Sunil Dutt Yadav for elevation [UPDATE-1]

The Supreme Court collegium has recommended to the Madras high court bench who would probably be the first of a modern Indian law firm’s partners, as well as the second-ever NLSIU Bangalore graduate.

Graduates & Bar Exam  05 December 2017

Check here if you’d pass the bar exam • 3 bad questions in last weekend's AIBE • 10 days to find other errors

In a welcome move at transparency, the Bar Council of India (BCI) has (perhaps for the first time ever) released the English language questions and answer keys to the 11th All India Bar Exam (AIBE) that took place last weekend, on 3 December.

Corporate M&A  05 December 2017

Satyajit Sarna, GC Sameer Chugh on Airtel buy in Juggernaut

"Bharti Airtel Ltd, India’s largest telecom service provider, on Monday said that it has acquired a strategic stake in digital publishing platform Juggernaut Books," reported Mint.

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