Corporate

MZM promotes 2 to principal associate, 1 senior associate

Abhishek Gupta (l), Ravi Mishra become principal associates at MZM M ZM Legal has promoted Abhishek Gupta and Ravi Mishra from senior associate to principal associate, the firm said in a press release. Abhishek Gupta specialises in dispute resolution and white collar crime defence, and banking and f...

Kachwaha promotes near-homegrown SA Ankit Khushu to partnership of 4

Kachwaha & Partners has promoted senior associate Ankit Khushu as a partner on 1 April 2019.

Giant 107 associate promotions at Khaitan: Bgl super-corporate, Cal all lit up, Delhi disputes now 2nd largest area

Khaitan & Co has promoted 42 of its fee-earners to principal associate (PA), and 65 to senior associate (SA), in a round that was heavily dominated by corporate throughout all four cities, according the full list we have obtained.

SAM promotes 61 to various associate ranks • Delhi sees 54% of action • Corporate tops, followed by Delhi lit

The corporate practice area had 8 new PAs (with a nearly even split between Mumbai and Delhi), closely followed by disputes at 6 (all of which were in Delhi).

JSA, Trilegal, DSK, K Law act on $36m fundraise for Suryoday Small Finance Bank

“Suryoday Small Finance Bank raises fresh funding from new and existing investors: Mumbai-based Suryoday Small Finance Bank Ltd on Wednesday said it has raised Rs 248 crore ($35.8 million) from three promoters and a clutch of existing and two new investors,” reported VCCircle . J Sagar Associates (J...

DSK: 7 of group of 9 HSA defectors to join, incl Sharath Chandrasekhar for B’lore office, 5 corp partners

After our exclusive report on Monday that up to nine partners would bulk-move from HSA Advocates to DSK Legal, the latter has now confirmed the hiring of HSA Advocates senior partners Anjan Dasgupta and Aparajit Bhattacharya, alongside only five others, including one Bangalore partner.

JSA, SAM act on Baring PE $700m buy of NIIT Tech

Baring Private Equity Asia has acquired for $700m (around Rs 4800 crores), IT and ITES provider NIIT Technologies from NIIT Limited and its founders, at Rs 1394 per share, followed by a mandatory open offer for 26 per cent shares of NIIT Technologies, according to reports . J Sagar Associates (JSA) ...

HSA Delhi-Mumbai duo Bhattacharya, Dasgupta split in coup for DSK: Up to 9-partner, 20-associate migration to include Bangalore

HSA Advocates senior Delhi corporate partner Aparajit Bhattacharya and senior Mumbai projects partner Anjan Dasgupta have both resigned today, and are understood to be in very advanced discussions to join DSK Legal, according to several sources.

Cyril Shroff explains ideas, details behind CAM’s new 2-3 day learning programmes for fee-earners, clients

Cyril Amarchand Mangaldas (CAM) has launched a continuing legal education (CLE) initiative, which will see up to 30-40 of its fee-earners, as well as in-house lawyers and clients take two to three full-day practical in-depth courses on specific areas of law.

Wadia Ghandy promotes 6 partners, 6 associates • 2 from GNLU

Wadia Ghandy has promoted six of its senior associates to partnership.

Khaitan promotes 11 to partnership (and more than 50% are women!) • 2 from GNLU ‘11 batch, 2 ILS, 4 from Mumbai Uni

Law firm Khaitan & Co has promoted 11 of its lawyers to partnership, of whom 6 are women, growing to a total size of 152 partners (with 13 female partners), and is now at 578 fee-earners.

Luthra corporate revolving door spins again: Trilegal lateral hire Vishwanath Pratap Singh resigns

L&L Partners Delhi-based private equity and corporate partner Vishwanath Pratap Singh is leaving the firm, we have confirmed from several sources.

HSA projects partner Deepak Thakur (AIL ‘07) joins Luthra

Deepak Kumar Thakur has joined L&L Partners in Mumbai as a partner in its projects practice from HSA Advocates, where he was also a partner.

Khaitan, Trilegal act on $200m buy of Shapoorji Pallonji solar assets by Sprng Energy

“Sprng buys Shapoorji Pallonji’s solar assets: Actis’ renewable energy arm buys 194MW of solar assets for $200 million. With this deal, the total operating and under construction capacity of Sprng will increase to 1.65GW,” reported Mint . Khaitan & Co advised Shapoorji Pallonji Infrastructure C...

Khaitan acts for PNB on Varde Partners’ $133.6m 6% stake buy

“Punjab National Bank Stock Price: PNB To Sell Shares In PNB Housing Finance To General Atlantic, Varde Partners: The state-run lender will raise around Rs 1,850 crore from the sale, according to its statement to the stock exchanges,” reported Bloombergquint . The total stake sold amounts to 6.5%. K...

Legasis, Mani Chengappa & Mathur act on pre-Series A in medical wearables make Ten3t

“ITI Venture Fund leads funding in medical wearables maker Ten3t: Bengaluru-based medical wearable device startup Ten3t Healthcare Pvt. Ltd said it has raised an undisclosed amount in a pre-Series A round led by early-stage ITI Growth Opportunities Venture Fund of Investment Trust of India, which is...

Khaitan, AZB act on Eversource, NIIF $330m investment in Ayana Renewable

“EverSource, NIIF buy stake in Ayana Renewable for $330 million: All three partners will invest $330 million cumulatively, according to a company statement,” reported The Economic Times . The plan is to build a large scale renewable energy platform by focusing on developing utility-scale renewable e...

Khaitan, Luthra act on sale of $123.7m Welspun assets to Laptev

“Welspun Corp to sell assets worth Rs 940 crore: The company has signed agreement with Laptev Finance to sell its plates and coils mill division for Rs 848.5 crore. The business transfer agreement (BTA) was executed between the two parties on March 31,” reported Mint . Khaitan & Co advised Wels...

D&D, Themis act on $4m investment in Lightbox

Venture capital firm Lightbox has led a $4 million investment in Nua, a female wellness brand. Existing investor Kae Capital has also participated in this Series A funding round. Nua, operated by Lagom Labs Private Limited, creates products and services revolved around women’s health and wellness, a...

D&D, CAM act NIIF first strategic investment, buying IDFC debt fund

“The National Investment and Infrastructure Fund (NIIF) has acquired IDFC Infrastructure Finance (IDFC-IFL), an infrastructure debt fund,” reported The Economic Times about NIIF’s first investment from NIIF’s strategic fund. Desai & Diwanji advised IDFC led by a team of partner Natasha Treasury...