Corporate

Amarchand Delhi partner Pranav Sharma moves to Mumbai office

Sharma: From Shardul to Cyril Amarchand Mangaldas Delhi finance and insolvency practice head and partner Pranav Sharma, who returned to the firm in August 2012 after a six year stint at Linklaters, will relocate to the firm’s Mumbai office as a partner in the banking and finance practice on 1 Februa...

JSA scores Facebook’s first Indian buy opposite Sand Hill & CA firm [& Vishnu Jerome]

Facebook likes Little Eye
Facebook likes Little Eye
J Sagar Associates (JSA) won the mandate to represent long-standing client Facebook on its first Indian acquisition, in its buy of Bangalore-based mobile software analytics company Little Eye Labs for around $15m, which was advised by a local CA firm.

DSK frees up managing partner time with hire of corporate CEO

Rajesh Iyer
Rajesh Iyer
DSK Legal has appointed former Palladium Group South Asia head and director Rajesh Iyer as Chief Executive Officer (CEO) at the firm.

ELP, S&R, Fox act on $12m India Property Online funding by Canaan, Mayfield, Bertelsmann

Economic Laws Practice (ELP) advised Canaan Partners and Mayfield Fund and S&R Associates advised Bertelsmann India in investing $12m (Rs 75 crore) in residential listings website India Property Online (IPO) which was advised by Fox Mandal. ELP Mumbai associate partner Vinayak Burman with assoc...

Ex-AZB equity partner Bhattarai joins Trilegal after sabbatical

Yogesh Bhattarai
Yogesh Bhattarai
Yogesh Bhattarai, who left AZB & Partners’ equity partnership in 2012 for a sabbatical, has joined Trilegal.

AZB scoops Wadia Ghandy partner Anand Shah & team on partnership track

Anand Shah
Anand Shah
Wadia Ghandy partner Anand Shah, with his team of four associates, will join AZB & Partners in the New Year as a senior associate on partnership track.

13 Christmas deals in brief: Bharti, Power Grid, Carlyle, Mahindra, Blackstone & more as SEBI norms push deals

Christmas deals
Christmas deals
As year-end approaches and law firms send out a flood of press releases for the annual deals league tables, Legally India has wrapped up the most interesting ones in one tidy package.

ALMT acts for Emcure Pharma in AZB Chinese-walled $100m Blackstone-Bain exit

ALMT & Partners represented Pune-based Emcure Pharmaceuticals, in which private equity house Blackstone sold 13.09 per cent for Rs 650 crore ($105m) to Bain Capital; seller and buyer were advised by AZB & Partners Mumbai and Delhi respectively. ALMT Mumbai partner Hitesh Jain and senior as...

Axon, A&O debut India’s first Euro bond with Bharti Airtel €750m offer

Axon Partners LLP advised Bharti Airtel on its €750m bond offering – the first in the currency by an Indian company – with Allen & Overy acting for the banks. Allen & Overy consultant and registered foreign lawyer Amit Singh, based in Hong Kong, acted for the joint bookrunners and lead man...

Papa John’s India buy shows nuanced ‘pizzazz’ for Vichar, Advani

Pizza
Pizza
Vichar Partners advised the world’s third-largest pizza chain Papa John’s in selling a majority stake in its Indian franchisee OM Pizza & Eats to Avan Projects, which was advised by Advani & Co.

Phoenix consolidates both Mumbai offices into bigger Churchgate office

Churchgate
Churchgate
Phoenix Legal has shut down its Nariman Point and Lower Parel Mumbai offices and taken a bigger Churchgate office in place of both in the city.

AZB, Wadia G, OP Khaitan knit $50m PE investment in Biba Apparels retail

BIBA Fashion
BIBA Fashion
AZB & Partners advised private equity (PE) firm Warburg Pincus as Wadia Ghandy advised PE firm Faering Capital in investing Rs 300 crore ($49m) in ladies ethnic wear maker Biba Apparels which was advised by OP Khaitan & Co.

Mundkur, Vaish on $2.5m Indo-Japan pharma JV

Vaish Associates advised Japanese drug company Rohto Pharmaceutical in buying 40 per cent stake in Deep Care Health which was advised by Mundkur Law Partners. Vaish Gurgaon partner Hitender Mehta with principal associate Akshay Saxena and senior associate Pratyush Khurana acted for Rohto, which boug...

BMR, KPMG partners set up tax firm ‘close’ to KPMG

Former BMR Legal co-founding partner Sujit Ghosh has set up tax litigation firm Advaita Legal with ex-KPMG partner Sunil Moti Lala. Ghosh is based in Delhi, Lala is based in Mumbai and the firm has 30 lawyers across its offices in the two cities, reported legal website Bar & Bench . According t...

MV Kini promos Sharma to head tax as practice head Kamath leaves

Prateush Sharma
Prateush Sharma
MV Kini partner Shrikant Kamath, who joined in 2012 to start its tax practice, left last week but is replaced by principal associate Prateush Sharma.

Amarchand, Vaish help Macquarie exit Religare wealth management JV

Amarchand Mangaldas Mumbai corporate partners Ashwath Rau and Aysswarya Murthi acted for the Macquarie Group in the sale of its 50 per cent holding in Religare Macquarie Wealth Management to joint venture partner Religare Enterprises, which was advised by Vaish Associates corporate and banking partn...

Desai D, Finsec smooth Rs 55 crore open offer buy of SEBI-BSE-regulated bank

Fortune Financial Services will be acquired by billionaire Sudhir Valia in a Rs 55 crore open offer, who is also acquiring Mumbai-based brokerage Antique Stock Broking and two subsidiaries for Rs 30 crore, as reported by Hindu Business Line . A Desai Diwanji Mumbai team led by partner Srishti Ojha, ...

Amarchand, AZB trade places in latest $200m KKR deal for Gland Pharma

Amarchand Mangaldas advised private equity major KKR on its Rs 1,300 crore ($200m) investment into pharma products company Gland Pharma, advised by AZB & Partners, with existing investors represented by Wadia Ghandy and Tatva Legal. Amarchand Mumbai managing partner Cyril Shroff and Bangalore c...

Burger King JV slides into India with help of Luthra, AZB, Greenberg, Gledhill

Burger
Burger
Luthra & Luthra advised Indian private equity and real estate firm Everstone Capital in its joint venture with international fast food giant Burger King.

Ex-Amarchand Suhaan Mukerji starts law / policy firm with 3 partners; Will do ‘ethical lobbying’ & pro bono

Suhaan Mukerji, who left Amarchand Mangaldas Delhi in June to advise the prime minister’s office, has started up a law firm with part of his former Amarchand team and three other lawyers as partners, which will offer legal and public policy and legitimate lobbying services to clients and NGOs. The f...