Law firms

Lakshmikumaran & Sridharan (LKS) promoted three partners to executive partner and four joint partners to partner, reported Bar & Bench.

Economic Laws Practice (ELP) advised thermal power company BLA Power on Prism Cement’s acquisition of 15.23 per cent stake in it for 21 crore ($3m). Prism was advised by Shardul Amarchand Mangaldas (SAM).

HDFC Standard Life Insurance, a joint venture between HDFC and Standard Life, will be absorbing Max Life Insurance and Max Financial Services, according to reports, in what is billed as the biggest ever consolidation in the private insurance space in India.

RM Partners won a John Doe order in the Bombay high court today, directing several websites to take down the downloadable copy of the yet unreleased Hindi film Udta Punjab, and temporarily restraining cable operators from telecasting the film.

Clove Legal advised queue management app Sminq on raising $1m from various venture funds led by Saama Capital and Blume Ventures. Saama was advised by Samvad.

HSA Advocates has continued on its self-set expansion course, hiring Sharath Chandrasekhar in its new Bangalore office.

IndusLaw has hired RDA Legal corporate partner and Mumbai office head Anupam Prasad as a corporate partner.

Rajani & Associates senior partner Sanjay Israni left the firm to head Desai & Diwanji’s capital markets team as a partner in Mumbai.

Umesh Khaitan’s newly rebranded firm Khaitan & Khaitan has moved away from its top focus – the project finance practice, to focus on corporate governance, private equity and venture capital and environment law. It has also moved to a much bigger office.

Cyril Amarchand Mangaldas Mumbai projects partner L Viswanathan and corporate partner Jaya Singhania advised Welspun Energy on selling the assets of Welspun Renewable Energy to Tata Power, which was advised by AZB & Partners partner Shameek Chaudhuri.

Economic Laws Practice (ELP) managing partner Rohan Shah will retire from the firm to become an independent counsel.

Economic Laws Practice advised Edelweiss’ private equity arm Ecap Equities on its investment in BRIDGEi2i Analytics Solutions (BAS) which was advised by Nuvo Juris.

Mumbai-based disputes firm The Law Point relocated to Nariman Point and a bigger space.

S&R Associates has promoted three to partner.

Luthra & Luthra will open an office in Hyderabad with local Tatva Legal partner Durga Bose Gandham, according to three sources with knowledge of the development.