Law firms
Corporate M&A
“On 21 December, RCom signed a binding agreement with Brookfield to sell a 51% stake in Reliance Infratel for Rs11,000 crore. RCom currently owns close to a 96% stake in the company, while the remaining ownership is with minority investors,” reported Mint on 29 December 2016.
Law firms
Lakshmikumaran & Sridharan (LKS) has snapped up former Cyril Amarchand Mangaldas director for “strategy & special projects” Anish Tripathi as director of “GST and supply chain advisory services.
Law firms
Mumbai-headquartered Juris Corp has promoted principal associates Nand Gopal Anand in Delhi and Arunabh Choudhary in Bangalore to its partnership.
Law firms
Anish Tripathi, Cyril Amarchand Mangaldas director “strategy & special projects” in Mumbai, has resigned with today being his last day at the firm.
Law firms
Cyril Amarchand Mangaldas partner Srinivas Kilambi, who had joined the Delhi office of the firm from MNK Partners, where he was co-founding partner, is set to resign according to two authoritative sources.
Law firms
Binay Mishra, whom we had reported last week as joining ANM Global from Citi where he was vice president legal to head its banking practice, will not be joining the firm after all.
Corporate M&A
I-Nurture Education Solutions Private Limited, a higher educational services company, has entered into a joint venture agreement with Galileo Global Education France Sas, which is the largest higher education company in France and Europe.
Private equity / VC
Thermal Energy Solutions Pvt Ltd (TESSOL), a company engaged in providing next-generation clean technology cold chain solutions, has raised an undisclosed amount from Infuse Ventures and Ankur Capital. TESSOL, founded by Mr. Rajat Gupta, had raised seed investment from Infuse Ventures in 2014.
Law firms
Cyril Amarchand Mangaldas has hired AZB & Partners’ Mumbai HR head Kiran Patheja for its HR function, as head of talent acquisition, reported Bar & Bench.
Law firms
The Society of Indian Law Firms (Silf) is not yet sure how to deal with the government’s surprise rule change that might see foreign law firms open up in special economic zones (SEZs) such as the Gujarat International Financial Tec-City (GIFT).
Law firms
Link Legal India Law Services (LL-ILS), which merged with DH Law Associates in December to form a 155-lawyer firm with a partnership of 35, has added Rajdeep Choudhury as an associate partner in its project claims practice.
Law firms
HSA Advocates has added the principal associate (PA) designation as the seventh rung to its career ladder ending in equity partnership. Former Reliance ADA Group in house lawyer Kunal Rajpal has joined the firm as its first principal associate.
Law firms
As first reported by Live Law this week, the ministry of commerce and industry, which has been spearheading the government’s efforts to liberalise the legal market, alongside the law ministry, has revoked a ban on the practice of law from special economic zones (SEZs), by issuing a notification in the Gazette of India amending the Special Economic Rules governing Special Economic Zones on 3 January 2017.
Law firms
ANM Global, which had been set up in 2009 by Nidish Mehrotra and Anuj Gupta, has hired Citi vice president Binay Kumar Mishra as a senior partner to head the firm’s banking and finance practice from Mumbai.
Law firms
Former Milbank Tweet Hadley & McCloy counsel Sanjeet Malik has joined Samvad Partners in Delhi, reported Bar & Bench.