Law firms

Singhania & Co added four associate partners to its Indore office, which the firm had opened in May 2016 headed by Mumbai managing partner Pradeep Jain.

Dua Associates acted for Canara Bank in the sale of its 13.45% stake in Can Fin Homes, which was bought by Singapore’s sovereign wealth fund GIC for Rs 753.77 crore in an off-market deal on 10 March 2017.

Aseem Chawla, who had started his own tax advisory firm after resigning as erstwhile Amarchand Mangaldas Delhi tax head in 2012, has joined Phoenix Legal to head its tax practice, according to a press release.

S&R Associates has grown its partnership ranks for the first time by lateral hire, with A&M Law Offices co-founding partners Sanjeev Adlakha and Viral Mehta joining the firm as consultant and partner respectively.

Khaitan & Co’s Bangalore office has hired Nalina Mayegowda as a disputes partner from local Bangalore-headquartered Poovayya & Co, where she was also a partner.

LexOrbis has opened a branch office in Mumbai with three lawyers, in order to assist existing clients in the Maharashtra.

J Sagar Associates (JSA) Delhi regulatory and policy salaried partner Nitin Kala, joined the Dubai headquarters of a subsidiary of Mumbai-founded tech company Directi, as first reported by Bar & Bench.

Bharti Airtel is buying the Indian telecoms assets of Norwegian telecoms major Telenor in a deal that’s estimated at Rs 6,800 to Rs 7,000 crore, including debts of Rs 1,500 crore, according to Moneycontrol.

Cyril Amarchand Mangaldas (CAM) is understood to be hiring AZB & Partners corporate partner Rishi Gautam, who had joined the firm in 2014 from Clifford Chance and a short stint at Amazon, as first reported by Bar & Bench.

J Sagar Associates (JSA) Mumbai retained partner Zerick Dastur has left the firm to set up his own counsel practice, as first reported by Bar & Bench.

Freshfields Bruckhaus Deringer has topped the mergermarket value league table of international law firms that advised on M&A deals in the record 2016 calendar year.

J Sagar Associates (JSA) Delhi projects equity partners Sumanto Basu_ and Pallavi Bedi will be leaving the firm by 31 March 2017.

"Paris-based global toll roads concession and construction company Vinci has taken an unspecified strategic stake in TollPlus, the Phoenix-based developer of electronic toll collection systems, through its Vinci Highways US subsidiary,” reported ITS International.

Vivek Daswaney, who had merged his independent firm V Law into DH Law Associates two years ago, has joined IndusLaw as Mumbai partner with his team of five, taking it to 17 partners and over 100 associates in four offices.

Infosys, beleaguered by speculation over boardroom disagreements, internal governance surrounding CEO compensation, severance pay, appointments of independent directors, visas and a difficult business environment, has appointed Cyril Amarchand Mangaldas to help it settle ongoing disputes and disagreements between the company’s bosses and various shareholders, as reported by The Hindu Business Line and others.

Freshfields Bruckhaus Deringer London-based partner and India practice head Pratap Amin has retired from the firm and is in the process of deciding whether to go independent as a consultant or joining a UK or Indian company in-house.