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Law firms don't require LLM, so if you pick up decent knowledge while doing it, then it may help you but nothing more. It's certainly not going to be the same as having say a prominent UK law school LLM with a specialisation.
You're wrong on 1, 2, and 5. Mind providing any sources for your claims (other than your backside)?
A 15-word comment posted 4 years ago was not published.
1. Recognised only by Jindal.
2. No.
3. None.
4. None whatsoever.
5. Not any assignment in India that requires an LLM to be the qualifying criterion.