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LI Spring 2018 Issue

Editor's picks


As workforce gets younger, Khaitan takes first steps to ‘working from home’, intros semi-flexible hours, parenthood, crunch-time benefits


CLAT should cost Rs 1,500: MHRD report damns Nuals for abysmal 95% profit margin on CLAT


#MeToo floodgates open at NLU Delhi kicking off inquiry • Stephens bans NLUD male debaters for ‘harassment culture’, ‘toxic masculinity’


Decoding latest salvo in Nirav Modi privilege battle: CAM had no privilege, claims CBI


Shardul Amarchand amends 3-month salary clawback to apply only to fraction of pay (if not leaving for in-house or ill-health)


Shardul Amarchand imposes 3-month salary clawback on lawyers who leave this financial year

Job moves  07 August 2009

Amarchand Delhi hires Freshfields returnee

Amarchand Mangaldas has hired a Freshfields Bruckhaus Deringer lawyer as a principal associate designate in its Delhi office.

Law firms  06 August 2009

First new partner for Bharuchas in corporate practice bolt-on

Bharucha & Partners has taken over a Mumbai niche corporate practice, gaining the first new equity partner since setting up.

Law firms  05 August 2009

Tax office raids law firms in Express Towers Mumbai

The Income Tax Department raided the Mumbai offices of ALMT Legal and AZB & Partners late last week looking for information related to clients and offshore transactions. The raids were not related to either of the law firms' own tax positions.

Litigation  04 August 2009

Luthra for NDTV vs Anand and Khan in BMW hit-and-run case

Luthra & Luthra has advised long-standing client NDTV in the Supreme Court against allegations that its so-called BMW hit-and-run case sting operation was in contempt of court and amounted to "trial by media".

Law firms  03 August 2009

Khaitan & Partners in office move, Confident in Kolkata's revival

Suman Khaitan & Co's Kolkata alliance firm Khaitan & Partners has moved into a new office space in the city's business district, having doubled in size since starting up less than a year ago.

Newsletters  31 July 2009

Newsletter: Equitable markets

After a near-hiatus for almost one year the IPO pipeline has finally filled up this July. No company wants to be left behind by the cheap cash-for-equity gravy train, the gold rush now appears to be self-sustaining – at least for the time being.

The distribution of spoils among Indian law firms is likely to be less even-handed.

In-house counsel and GCs

Law firms  31 July 2009

Luthra looks to Bangalore; Delays lockstep conversion

Luthra & Luthra has hired an Amarchand Mangaldas senior associate, as targeting expansion in Bangalore. The firm also paid out bonuses last week and increased base salaries earlier this year but it has delayed its announced lockstep conversion process until the end of the year.

Corporate M&A  30 July 2009

Khaitan & Co sticks to Mahindra on Holidays IPO

Khaitan & Co scored the Mahindra Holidays & Resorts listing in Mumbai, which netted the Mahindra Group around Rs. 275 crore over the past month and to many investors signalled a temporary end to the initial public offering (IPO) drought.

Law firms  30 July 2009

Amarchand Delhi CFO & COO resigns

Amarchand Mangaldas Delhi's joint chief financial officer (CFO) and chief operating officer (COO) Bithika Anand has resigned after almost 11 years with the firm, as Amarchand Delhi's auditors have temporarily stepped in until a replacement can be found.

Corporate M&A  29 July 2009

Tata Steel favourites prove hard to unseat as it raises a half-billion dollars

Tata Steel has selected an identical roster of firms to advise on its latest fundraising in London, with Amarchand Mangaldas, Talwar Thakore Associates, Cleary Gottlieb Steen & Hamilton and Milbank Tweed Hadley & McCloy reprising their roles from the monster 2008 Corus acquisition-related rights issue.

Corporate M&A  29 July 2009

Amarchand, Khaitan, Jones Day on Adani Power IPO in return to boom time values

Amarchand Mangaldas, Khaitan & Co and Jones Day have advised on India's largest initial public offer (IPO) in 18 months for Adani Power's issue, which has so far seen four-fold oversubscription and is hoped to raise between Rs 2,700 and 3,000 crore ($558m to $620m).

Corporate M&A  28 July 2009

Platinum wins new client Nomura, Amarchand advises LIC on JV

Amarchand Mangaldas and Platinum Partners in Mumbai are advising on the Rs 308 crore ($64m) acquisition of a 35 per cent stake in Life Insurance Corporation of India's (LIC) asset management arm by Nomura, which marks Platinum's first instruction for the Japanese bank.

Analysis  28 July 2009

How to win a friend and alienate people

For an Indian firm, going under the wing of an international firm is not necessarily as appealing as some might suppose and could even be downright dangerous.

Law firms  27 July 2009

AZB bags Anup Shah's firm in Bangalore, kick-starting South Indian presence

AZB & Partners has merged with Anup Shah's Bangalore law firm, doubling AZB's size in the city, giving it two new bases in Chennai and Hyderabad and winning a new office managing partner.

Law firms  27 July 2009

Two staff murdered at FoxMandal Bangalore

Two staff were murdered in FoxMandal Little's Bangalore office early on Sunday morning. The firm has closed its office there for the day as a mark of respect.

Corporate M&A  27 July 2009

NHPC: Amarchand tallies up second IPO divestment this year

Amarchand Mangaldas is moving on with its second Government divestment instruction, advising NHPC (National Hydroelectric Power Corporation) on raising around Rs 1,680 crore through an initial public offering (IPO).

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