Law firms

Link Legal has hired DGS Associates partner Bhumesh Verma and associate partner Vikas Gaur as partners in corporate, M&A and private equity in Delhi.

The Bar Council of India (BCI) has drafted rules to allow foreign lawyers to practice in India, with the law and justice ministry having invited other ministries and three other organisations to discuss the proposals on Tuesday (5 July).

The notice period of Cyril Amarchand Mangaldas (CAM) partner Ganesh Rao, who has been handing over matters at the firm since resigning together with partner Ashwath Rau, Anu Tiwari and Dhruv Singhal for AZB & Partners around 23 April, is now also over.

NLU Jodhpur 2007 alumnus Sumit Agrawal left his role as assistant legal advisor to the Securities and Exchange Board of India (SEBI) to start up Suvan Law Advisors with his wife Vaneesa Agrawal.

MDP & Partners won for IndusInd Bank in the Bombay high court yesterday, which directed the stock exchanges and others to allow the bank to correct its filing mistake in its subscription of Mahanagar Gas Limited’s initial public offer (IPO).

Khaitan & Khaitan advised Cremica Food Industries on Rabo Equity Advisors' Rs 100 crore ($15m) investment in Cremica. Rabo was advised by Cyril Amarchand Mangaldas.

The Indian legal services industry has never quite seen the turmoil that it has experienced in 2016. As generations shift, institutions mature and old alliances and allegiances crumble, the question is being asked: Could it be the end of days or a new beginning?

Clove Legal advised Indian equipment rental company Rent Alpha on investment in it by Hong Kong based investor Bravia Capital which was advised by Khaitan & Co.

IndusLaw and Gibson Dunn advised Amplus Energy Solutions and I-Squared Capital on their acquisition of various SunEdison Special Purpose Vehicles (SPV) developing and operating around 7 MW rooftop solar power assets in India. SunEdison was advised in house.

Veritas Legal, the firm started by ex-AZB & Partners senior partner Abhijit Joshi in 2014, has made its first two internal promotions, according to a press release from the firm.

Cyril Amarchand Mangaldas Hyderabad partner and office head Rahul Sarella has resigned, according to three authoritative sources.

Taxi aggregator Uber started a joint venture with Tata Motors, which envisages Uber drivers buying Tata cars financed via Tata Capital Financial Services and Tata Motors Finance loans with insurance from Tata.

Patnaik now confirmed to be joining Trilegal...

Little & Co shut down its Pune office on 31 March. The office was on BS Dhole Patil Road, near the railway station.

Naik & Naik’s equity partnership grew to five with the promotion of salaried partner Ravi Suryawanshi to equity, in its technology, media and telecommunication (TMT) practice.