Corporate

Ex Hammurabi partner Vidya Adsule becomes Pune real estate group's GC

Former Hammurabi & Solomon partner Vidya Adsule joined Pune real estate builder Kolte Patil Developers as its group general counsel.

AZB, Khaitan top prelim 2015 M&A rankings, Cyril leads Shardul Amarchand (but combined AMSS would have been biggest)

AZB & Partners overtook Khaitan & Co, and the split firms of Amarchand Mangaldas, on data provider Mergermarket’s M&A leader board this year, where the combined deal value of the Amarchand Mangaldas firms would have led the value rankings by a margin of $4bn.

SAM, Lall, Saikrishna, army of seniors clash in Micromax founders plea vs contempt warrants

The dispute resolution team of Shardul Amarchand Mangaldas (SAM) acted for YuTeleventures and its three directors, Rahul Sharma, Sumeet Kumar and Vikas Jain before a division bench of Delhi high court where they appealed against the order of a single judge of the Delhi high court issuing bailable warrants against them in a contempt of court case.

Shardul Amarchand partner Vidyut Gulati joins Cairn India as GC

Gulati: Going in-house
Gulati: Going in-house
Shardul Amarchand Mangaldas partner Vidyut Gulati will join Cairn India on 22 December 2015 as its general counsel (GC).

Juris Corp builds back up again as ex-Trilegal's Aninda Pal joins as corporate partner

Symbiosis Law School alumnus Aninda Pal joined Juris Corp as a partner in its mergers & acquisitions (M&A) and private equity (PE) practice from November 2015, according to a press release from the firm last week. Pal has worked in Trilegal as a counsel in its corporate legal team for more than eight years before this.

First out of FDI gates: TT&A, AZB help AXA ramp up Bharti insurance JV stake by $193m

Talwar Thakore & Associates (TT&A), advised the AXA Group in the increase of its equity stake from 26 per cent to 49 per cent in its Indian life and general insurance joint ventures with the Bharti group member Bharti AXA Life Insurance Company Limited and Bharti AXA General Insurance Comp...

Trilegal, Dua, Nishith Desai on Mitsui's $52m infusion in Naaptol

Trilegal advised Japan based company Mitsui in investing Rs 343 crores ($51.6 m) in online shopping portal Naaptol which was advised by Dua Associates. Nishith Desai Associates advised other existing shareholders of Naaptol, NEA FVCI, NEA FDI , CMDB II, ICP Holdings I and SVB India Capital 2006. Wit...

SAM, CAM, MoFo, Themis, Gunderson on Grofers $120m round

Shardul Amarchand Mangaldas (SAM) advised Singapore based hyperlocal delivery startup Grofers Group in the $120m (Rs 800 crore) investment in it by SoftBank Group, Tiger Global, Apoletto Asia and Sequoia Capital in a series D round of investment. The investors were advised by Morrison & Foerste...

Nishith Desai, Wadia, Khaitan on $120m CarWale CarTrade merger

Wadia Ghandy advised car trading website CarTrade owned by MXC Solutions on its $120m (Rs 790 crore) acquisition of CarWale, another car trading website owned by Automotive Exchange, from its founder Mohit Singh and its existing shareholder Axel Springer. CarWale was advised by Nishith Desai Associa...

Bharucha, SAM act on Idea's $500m Videocon state telecom buy

Bharucha & Partners advised Idea Cellular on its Rs 3310 crore ($500m) buy of Videocon’s Uttar Pradesh and Gujarat circle telecom spectrums, reported the Economic Times . Shardul Amarchand Mangaldas (SAM) advised Videocon. Bharucha partner Alka Bharucha, senior associate Siddharth Manchanda, an...

Khaitan, CAM act for Kohlberg, avendus in a $115m acquisition deal

Cyril Amarchand Mangaldas advised US private equity bulgebracket firm Kohlberg Kravis Robert (KKR) on its $115m (Rs 762 crore) acquisition of 72 per cent stake in investment bank Avendus Capital which was advised by Khaitan & Co. Khaitan Mumbai executive director Daksha Baxi, core transaction p...

Samvad, PDS and 3 foreign law firms help POPxo raise $2m from 4 funds

Samvad and Head Partnership advised IDG Ventures India Fund, Pandara Trust Scheme and Kalaari Capital Partners on their $2m investment, alongside investor 500 Startups, in digital media platform POPxo which was advised by PDS Legal and Gordon Dadds. 500 was advised by Penningtons Manches. Samvad par...

Ola’s $500m, 15-investor funding round draws in Indus, NDA, CAM [+Trilegal] with 5 foreign law firms [UPDATE-1]

IndusLaw advised Olacabs on raising $500m (Rs 3,320 crore) from 15 investors, some of which were advised by Nishith Desai Associates (NDA), Cyril Amarchand Mangaldas (CAM) and foreign law firms Goodwin Proctor, Gunderson Dettemer, Morrison & Foerster, Ropes & Gray and Fangda Partners.

JSA acts on [company] sale

The details of the transaction has been removed since initial publication at the request of JSA.

Advaita, BMR act on Da Vinci The Quint JV

Advaita Legal advised Berlin based educational television channel Da Vinci on forming a joint venture with Indian digital magazine The Quint which was advised by BMR Legal. The television programme Da Vinci Learning was launched in India on 18 November after the deal was completed. Advaita principal...

Khaitan adds former Legasis associate partner Nishad Nadkarni as Mumbai IP partner

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Legasis Partners associate partner Nishad Nadkarni has joined Khaitan & Co in Mumbai as a partner in its intellectual property (IP) practice.

How important are Diwali greetings to law firms?

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CamSam
Every year, law firms send out creative electronic (and paper) cards celebrating the festival of lights. This year, we’ve collected a few of the larger firms’ greetings that have found their way into our inbox.

Kanth adds banking and finance senior Arvind Garg as partner

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Kanth & Associates added former HDFC Bank and Bank of Fujairah vice president Arvind Garg as a partner to build its banking and finance vertical.

Verus adds Roochi Tripathy as start-up partner for ‘hand-holding’ of businesses

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Verus has added independent legal consultant Roochi Tripathy as a partner in Mumbai to focus solely on advising emerging businesses.

Indus hires Japanese firm’s foreign attorney as full-time Japan senior associate

IndusLaw added Ray Vikram Nath – a registered foreign attorney in Japan – to build its Japan practice. Nath joins Indus Delhi as a senior associate.