Israel: Startup Nation Open to India and the World

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

Real Estate Laws in India

1

Key Issues Facing UK-Indian Businesses: Brexit, new data protection challenges, M&A

Employment Law Issues in India

7

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

Editor's picks

13

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

19

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

11

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

22

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

1

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

17

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

3

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

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Firms & corporate

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Law firms  02 December 2017

Obituary: Young, big-hearted, respected JSA Delhi regulatory partner Vishal Anand RIP [UPDATE]

J Sagar Associates (JSA) Delhi partner Vishal Anand has died earlier this morning of cardiac arrest following multiple organ failures, after having been admitted to hospital several weeks ago.

In-house counsel  01 December 2017

Jet Airways long-time GC Ashok Barimar hands reins to Gautam Acharya

Jet Airways vice-president for aeropolitical, government and international affairs Gautam Acharya has taken over as vice president of legal and regulatory affairs at the airline, reported the Business Standard, as part of a major management reshuffle.

Private equity / VC  30 November 2017

Indus, Trilegal, CAM assist VCs in Portea Medical $26m fundraise

“Portea Medical has raised series C funding of $26 million led by new investors Sabre Partners and MEMG CDC. Portea’s existing investors Accel, International Finance Corporation (IFC), and Qualcomm Ventures also participated in this round. Avendus Capital provided financial advisory services to the latest funding round in Portea,” reported MediaNama.

Law firms  30 November 2017

Despite downward pressure on fees post-AMSS, senior partners now charge avg Rs 22,000 / hr, associates on Rs 10,000

Senior Indian law firm partners’ billing rates have increased by around 17% over two years to an average of $335 an hour (Rs 21,580 at current exchange rates) from $292 in 2015 (Rs 18,500 at exchange rates at that time), according to consultancy RSG India's latest research and its figures from 2015.

In-house counsel and GCs

Law firms  27 November 2017

AZB overtakes AMSS-divided in RSG top 40 firm rankings • Luthra, ELP, Tatva drop • Trilegal, LKS, Link, Indus rise

In the latest bi-annual rankings compiled by consultancy RSG India, AZB & Partners has topped the table ahead of Shardul Amarchand Mangaldas (SAM) and Cyril Amarchand Mangaldas (CAM), which had topped the table in 2015 when still united in one firm as Amarchand Mangaldas before their break-up (see full table below).

Law firms  27 November 2017

CAM adds ex-Allen & Overy senior partner David Morley to strategic advisory board of bigshots

Cyril Amarchand Mangaldas has appointed another high-profile name to its internal “strategic advisory board”, with the part-time hire of former magic circle firm Allen & Overy’s senior partner David Morley.

In-house counsel  27 November 2017

Marico GC Surender Sharma moves to Colgate Palmolive India as assistant GC

Marico’s head legal Surender Sharma has joined Colgate Palmolive India as associate director legal.

Law firms  24 November 2017

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  24 November 2017

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.

Capital Markets  24 November 2017

ELP helps Trigyn Technologies approve reduction of share capital before the NCLT, BHC

Trigyn Technologies, a company listed on the BSE and the NSE, has informed the Exchange regarding the scheme of reduction of share capital in the securities premium account has been approved by the NCLT by writing off the losses accumulated in its balance sheet against the amounts standing to the credit of the securities premium account of the company, as reported by Reuters.

Law schools  24 November 2017

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  23 November 2017

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.

Corporate M&A  23 November 2017

AZB, S&R, Bharuchas on telecom giants Vodafone-Idea’s $1.2bn sale of telecom tower assets to ATC

Vodafone India, Vodafone Mobile Services and Idea Cellular have announced their proposal separately to sell their standalone telecom tower businesses to ATC Telecom Infrastructure, a majority-owned subsidiary of American Tower Corporation for about INR 7,850 crores ($1.2 billion), as reported by Mint. The transaction is subject to customary closing conditions and receipt of necessary regulatory approvals.

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