Corporate

Trilegal, Shardul Amarchand bag $575m Alibaba-paytm investment with Simpsons

Shardul Amarchand Mangaldas has acted for the owners and existing investors of Paytm, including One97 Communications, which saw a $575m investment from Chinese e-commerce and internet behemoth Alibaba and its affiliate Ant Financial, which drafted in Trilegal in Mumbai.

Indus, AZB on $37m Healthvista fundraising

IndusLaw advised Accel and AZB & Partners advised International Finance Corporation on their $37m (Rs 247 crore) co-funding of Healthvista alongside investors Qualcomm Asia Pacific and VenturEast which were advised in house. Healthvista runs home healthcare company Portea Medical. Indus Bangalo...

Calcutta start-up! 3 Khaitan lawyers set up Aquilaw to fill market void

Calcutta calling
Calcutta calling
Khaitan & Co Kolkata associate partner Sucharita Basu and principal associates Sanjay Basu and Anshumala Bansal left the firm on 19 September, to start up Aquilaw.

JSA, Avigna on $9m Fidelity infusion in Shadowfax

J Sagar Associates (JSA) advised Fidelity Growth Partners on investing $9m (Rs 60 crore) in Shadowfax Technologies which was advised by Avigna Law. JSA Delhi partner Manvinder Singh, senior associate Zain Pandit and associates Sonali Kapoor, Ritika Arora and Akhil Bhardwaj acted for Fidelity. Bangal...

Top Chinese law firm makes $350m per year, same as revenues of India’s top 50 law firms TOGETHER (a few years ago)?

Chinese law firms: Giant
Chinese law firms: Giant
China’s law firm with the largest turnover, Dacheng, has generated $350m (RMB 2.25bn) in fees in 2014 with a lawyer headcount of 3,112 and 1,156 partners, followed by King & Wood Mallesons (China) with revenues of around $280m in 2014 and 1,104 lawyers.

AZB, NDA on doctor-finder start-up Practo’s buy of Qikwell

AZB & Partners advised India’s largest doctor discovery platform Practo Technologies on its over $10m buy of smaller rival Qikwell Technologies India which was advised by Nishith Desai Associates (NDA). AZB Mumbai partners Ashwin Ramanathan and Nilanjhana Singh and senior associate Parthasarath...

Luthra promotes 6 to partner, Manan Lahoty lifted into exec committee alongside senior partners

Luthra & Luthra has promoted six managing associates to partner level, reported Bar & Bench.

Rajani Singhania Partners promotes 3 in Delhi to associate partner

Rajani Singhania & Partners has promoted three principal associates to associate partner in Delhi: Abhimeet Sinha, Abhishek Kumar and Yaman Deep Kumar, according to a press release from the firm. Sinha specialies in project finance and infrastructure, Abhishek Kumar and Yaman Deep Kumar who beg...

AZB Mumbai promotes 5 to partner in 3rd round this year after revolving door of senior exits & hires

AZB & Partners has promoted five of its lawyers to partner level after 12 months of partners leaving and joining in the Mumbai region of the firm.

Flipkart hires Samsung South Asia GC, Rajinder Sharma, as new group legal head

Flipkart has hired Samsung’s former director and general counsel South and West Asia, Rajinder Sharma, as its group general counsel, while the company has been busy restructuring its operations with its recent buy-back of its logistics operations from WS Retail Services Pvt Ltd as reported by Mint on Tuesday (22 September).

Group GC shuffles: Bharti finds GMR legal head R Sunder Rajan to replace Mukesh Bhavnani, who's since left Vedanta and may start firm

R Sunder Rajan, the former chief of legal at GMR, has joined Bharti Airtel as its group general counsel (GC).

Kanth & Associates adds CEO for greater professionalism; opens second Delhi office

5tlpzmjv
5tlpzmjv
Delhi-based corporate and disputes firm Kanth & Associates added a chief executive officer (CEO), Nishant, in August and opened a second Delhi office to accommodate its growing corporate practice team.

JSA, Cyril Amarchand act on Rs 180 cr Sterlite Tech-Elitecore takeover

J Sagar Associates (JSA) acted for First Carlyle Ventures Mauritius, whose affiliate is advised by The Carlyle Group, and the promoters and management shareholders of telecoms software company Elitecore Technologies Limited, in their sale of 100 per cent of Elitecore for Rs 180 crores to optical fib...

NY considers allowing foreign qualified fly-in-fly-out lawyers to practice temporarily

The New York judiciary is to decide whether to approve a proposal to allow foreign lawyers to advise in litigation and transactional matters on a short-term basis in the city, which is currently allowed by nine other US states, though those lawyers would only get a temporary licence and wouldn’t be ...

Khaitan, CAM on $115m Leela Goa sale

Khaitan & Co advised copper products maker Metrod Malaysia and Mettube Malaysia on its Rs 725 crore ($115m) buy of Goa’s iconic hotel The Leela Goa, which was advised by Cyril Amarchand Mangaldas (CAM). Khaitan Mumbai partners Savita Singh, Avaantika Kakkar and Shishir Mehta, associate partners...

Sarna, MPC book FabIndia, Nilekani for Juggernaut's digital-reading fundraise

Satyajit Sarna & Associates (SSA) advised India’s newest publishing start-up Juggernaut on its fundraising from Fabindia managing director William Bissell who was advised by MPC Legal and German law firm De Giacomo & Associates, and Infosys co-founder Nandan Nilekani who was advised by inv...

SAM Delhi ex-White & Case partner Nikhil Narayanan joins Khaitan & Co [UPDATE-1]

cml0cbyn
cml0cbyn
Shardul Amarchand Mangaldas (SAM) Delhi partner Nikhil Narayanan has left the firm.

SAM, Luthra on Pizza Hut south India sale

Shardul Amarchand Mangaldas (SAM) advised the Dodsal group on the sale of its Pizza Hut franchise rights to another Pizza Hut franchise owner in India Sapphire Foods India which was advised by Luthra & Luthra. SAM managing partner Pallavi Shroff assisted by senior counsel Soli Cooper, partner S...

Ex-E&Y White & Case WTO expert Tashi Kaul boosts LKS Delhi trade vertical

hsmytp0v
hsmytp0v
Former Ernst & Young director, international trade Tashi Kaul has joined Lakshmikumaran & Sridharan (LKS) today as a partner in its Delhi international trade and competition practice.

General Motors director MS Vasan joins LKS Gurgaon partnership

fzgk1cel
fzgk1cel
Former General Motors director, finance MS Vasan has joined Lakshmikumaran & Sridharan (LKS) as an executive partner in its direct tax practice in Gurgaon.