Corporate
NLS grad Mukund RS joins Blackstone-backed IT company IBS as legal chief from Harman subsidiary
Mukund RS , the associate general counsel of Harman International Industries subsidiary Symphony Teleca, which operates in the telecoms software space, has joined IBS Software Services as its VP & head of legal and company affairs in Bangalore, as first reported by VCCircle and reflected in his Linkedin profile.
Luthra loses enviro law expert Nawneet Vibhaw to partnership at Khaitan & Co
Scoop: Khaitan & Co has poached Luthra & Luthra managing associate Nawneet Vibhaw as an associate partner in Delhi, where he will continue specialising full-time on environmental law as he had been doing at Luthra.
After Silf, BCI too is up in arms about possible plan to let foreign law firms into SEZs
GCs from India Inc agree: ‘BCI is the biggest bottleneck to law firm liberalisation at the moment’ but much work remains more widely
General counsel (GCs) from at least 15 big Indian companies welcomed liberalisation in Indian legal services, and said that the Bar Council of India (BCI) was currently the “biggest bottleneck” to law firm liberalisation.
In uncommon move, Hindustan Unilever appoints its GC Dev Bajpai into board directorship
Dev Bajpai, executive director legal & corporate affairs at Hindustan Unilever Limited (HUL), and vice president legal for South Asia at Unilever, has been appointed as executive director at HUL’s board of eight members.
AZB & 2 x SAM close $121m Warburg stake buy in PVR
“Private equity (PE) firm Warburg Pincus said in a statement that it has bought a 14% stake in PVR Ltd, India�s largest multiplex chain, for Rs820 crore through an open market transaction.
Cyril Amarchand ‘first’ to sign up for machine learning contracts software, but is AI the death or future of lawyers?
According to a Cyril Amarchand Mangaldas press release, it �will be India’s first law firm to deploy such a technology, hence enhancing its delivery model to provide certain legal services more efficiently, quickly and accurately to its clients�, having signed up with a Canada-based machine learning legal software company.
Foreign firms in SEZs: As expected, Silf resolves ‘unanimously’ to oppose government notification
The Society of Indian Law Firms (Silf) reportedly passed a resolution yesterday opposing the government’s notification that might have been intended to pave the way for foreign law firms to operate in special economic zones (SEZs).
Kochhar wins interim climb-down (but no apology) from Jolly LLB 2 over ‘lower strata’ Bata fisticuffs • Trial over damages remains [READ ORDER]
Kochhar & Co has forced the makers of the Jolly LLB 2 to partially back down over its allegedly disparaging use of Bata in a trailer and scene, which we had first reported on 22 December 2016.
Long-time patents & IPAB officer DPS Parmar to go join firm LexOrbis to guide patent prosecutions
IP firm LexOrbis has hired former Intellectual Property Appellate Board (IPAB) technical member patents DPS Parmar as a senior consultant in its IPAB practice group.
LKS, Link Legal, Tuli & Co win seats on Maharashtra home dep’t panel outsourcing legal advice
According to the Times of India, as tweeted by Saurav Datta the Maharashtra state home department has selected three law firms in order to:
PayU GC, e-payments regs expert Sheetal Sawhney Kapur joins Google India legal team
PayU Payments India vice president legal, regulatory and compliance, Sheetal Sawhney Kapur, has joined Google India’s legal team.
Shardul Amarchand, JSA, HSF act on record $1.6bn Brookfield-Reliance towers buy
“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.
Ex-CAM strategy head Anish Tripathi shifts gears, joins LKS to advise clients on GST, supply chain
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.
Juris Corp promotes 2 internally to partner in Delhi, Bangalore
Mumbai-headquartered Juris Corp has promoted principal associates Nand Gopal Anand in Delhi and Arunabh Choudhary in Bangalore to its partnership.
Cyril Amarchand ‘strategic initiatives’ head Anish Tripathi leaves
Anish Tripathi, Cyril Amarchand Mangaldas director “strategy & special projects” in Mumbai, has resigned with today being his last day at the firm.
2015-MNK hire Srinivas Kilambi set to leave, destination and details still unknown
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.
Citi VP Binay Mishra, who was to join ANM Global, will not be joining after all due to ‘reservations’
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.
Nishith Desai, Khaitan Legal act on I-Nurture educational JV • Further fundraising work likely
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.
Verist, K Law, JSA help thermal energy storage start-up raise funding from Infuse, Ankur
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.