Brus Chambers, a Mumbai-based law firm has opened a subsidiary firm headquartered in New York.

The government is close to finalising its proposal to allow foreign legal firms to operate out of India via investment in partnership or proprietary concerns, reported the Express . The legal sector would be opened up gradually according to the report. An unnamed official said that “permission will ...

Private equity giant KKR invested $150m for a minority share via preferential allotment in Mumbai-based polyester maker JBF Industries, reported the Economic Times . Cyril Amarchand Mangaldas acted for KKR, with Mumbai based managing partner Cyril Shroff, Bangalore-based corporate partner Nivedita R...

Advani & Co advised on early-stage venture capital firm Oliphans Capital’s $2m (Rs 12.8 crore) investment in toy maker Prothom Industries. Advani partner Kshitij Sancheti acted for Oliphans. He commented in Advani’s press release: “The Make in India campaign has certainly picked up momentum. We...

Themis Associates partner Chetan Nagendra, who specialises in corporate and venture capital (VC) work, will join AZB & Partners in Bangalore.

Cyril Amarchand Mangaldas acted as legal counsel to BNP Paribas in its Rs 2,000 to 2,200 crore acquisition of Sharekhan, with AZB & Partners acting for the sellers. J Sagar Associates (JSA) Mumbai partners Somasekhar Sundaresan, Vikram Raghani and Jamshed Bhumgara acted for the management share...

![Janus: “The god of beginnings and transitions,[1] and thereby of gates, doors, doorways, passages and endings. He is usually depicted as having two faces, since he looks to the future and to the past.”](https://www.legallyindia.com/images/kianganz/qc4sogfd.jpg “Janus: “The god of beginnings and transitions,[1] and thereby of gates, doors, doorways, passages and endings. He is usually depicted as having two faces, since he looks to the future and to the past.”)J Sagar Associates’ (JSA) partnership will elect seven partners into its executive committee in the coming months, out of whom two will become joint managing partners in an election slated for October.

Indian Law Partners (ILP) advised Navratna Bharat Retail (NBR) on its joint venture (JV) partner Richemont’s buyout of NBR’s 49 per cent equity in their JV RLG Retail. Richemont was advised by AZB & Partners. ILP Mumbai counsel Kanika Premnarayen, senior associate Vineet Gupta and associate Seh...

Khaitan & Co advised investment company Meru Capital and IndusLaw advised taxi-calling app Ola on its $25m (Rs 160 crore) infusion in Mumbai-based mobile point-of-sale services provider Mswipe Technologies which was advised by Clove Legal. Khaitan Delhi partner Joyjyoti Misra, principal associa...

Slovakian railway wagon manufacturer Tatravagoka AS, advised by Khaitan & Co, has acquired 50 per cent stakes in Jupiter Wagons and Jupiter Alloys and Steel, advised by Shardul Amarchand Mangaldas, in a deal reporte dly worth Rs 100 crore ($15.6m). Jupiter, which is one of India’s biggest railw...

Advaita Legal advised Italy based auto feeding systems maker Penta SRL on its joint venture (JV) with the Kolsite Group’s Kabra Extrusiontechnik which was advised by Sterling Law Partners. Advaita founding partner Sujit Ghosh, principal Satyajit Gupta and associate Saurabh Sharma acted for Penta. St...

DSK Legal advised Indium V (Mauritius) Holdings on buying approximately 75 per cent stake in hospitality chain deGustibus Hospitality which was advised by Kanga & Co. DSK Legal also advised India Value Fund Advisors (IVFA), which is raising $700m for Indium V, in its $30m infusion into deGustib...

Shardul Amarchand Mangaldas has continued its association with the international referral network Lex Mundi, according to a press release by the firm and the network.

Commerce ministry joint secretary Sudhanshu Pandey told a US-Indian delegation today that the government would seek to pass an amendment to the Arbitration and Conciliation Act this session that would allow foreign lawyers to come to India to act for their clients in arbitrations in order to boost domestic arbitrations.

Shardul Amarchand Mangaldas (SAM) Mumbai office managing partner Akshay Chudasama is acting for Warburg Pincus, which is buying a Rs 1,800 crore minority stake in Piramal Realty, which was advised by Cyril Amarchand Mangaldas’ Mumbai office.

J Sagar Associates (JSA) funds formation partner Jay Gandhi and his team of five associates will join Shardul Amarchand Mangaldas (SAM) in Mumbai under former JSA senior partner and SAM Mumbai Akshay Chudasama.

Khaitan & Co overtook Amarchand Mangaldas in data provider mergermarket’s half-yearly (H1) M&A charts by value, with the first quarter of Amarchand functioning as the split firms of Cyril Amarchand Mangaldas (CAM) and Shardul Amarchand Mangaldas (SAM). AZB & Partners maintained its deal volume lead which it has claimed for two consecutive years.

Legal recruiter Vahura said that general counsel (GC) with between 15 to 25 years of experience, working at companies, could earn from Rs 80 lakh to more than Rs 300 lakh per year as a cost-to-company (CTC) package.

Can your accountant also assist you on drafting a joint venture agreement? Or is this work best left to a lawyer to check for compliance with various rules and legislation? And what happens when one company drops a nasty legal notice on the former joint venture partner? Is when things get contentious and litigious the line where only a lawyer can step in and take care of business?

Merrill Lynch in August as its deputy general counsel (GC) India.”)Phoenix Legal Mumbai partner Kartikeya Singh is understood to join investment bank Bank of America (BoA) Merrill Lynch in August as its deputy general counsel (GC) India.