Law firms
Law firms
Scoop: Khaitan & Co has poached Luthra & Luthra managing associate Nawneet Vibhaw as an associate partner in Delhi, where he will continue specialising full-time on environmental law as he had been doing at Luthra.
Corporate M&A
“Private equity (PE) firm Warburg Pincus said in a statement that it has bought a 14% stake in PVR Ltd, Indias largest multiplex chain, for Rs820 crore through an open market transaction.
Law firms
According to a Cyril Amarchand Mangaldas press release, it will be India's first law firm to deploy such a technology, hence enhancing its delivery model to provide certain legal services more efficiently, quickly and accurately to its clients, having signed up with a Canada-based machine learning legal software company.
Law firms
The Society of Indian Law Firms (Silf) reportedly passed a resolution yesterday opposing the government’s notification that might have been intended to pave the way for foreign law firms to operate in special economic zones (SEZs).
Litigation
Kochhar & Co has forced the makers of the Jolly LLB 2 to partially back down over its allegedly disparaging use of Bata in a trailer and scene, which we had first reported on 22 December 2016.
Law firms
IP firm LexOrbis has hired former Intellectual Property Appellate Board (IPAB) technical member patents DPS Parmar as a senior consultant in its IPAB practice group.
Law firms
According to the Times of India, as tweeted by Saurav Datta the Maharashtra state home department has selected three law firms in order to:
Corporate M&A
“On 21 December, RCom signed a binding agreement with Brookfield to sell a 51% stake in Reliance Infratel for Rs11,000 crore. RCom currently owns close to a 96% stake in the company, while the remaining ownership is with minority investors,” reported Mint on 29 December 2016.
Law firms
Lakshmikumaran & Sridharan (LKS) has snapped up former Cyril Amarchand Mangaldas director for “strategy & special projects” Anish Tripathi as director of “GST and supply chain advisory services.
Law firms
Mumbai-headquartered Juris Corp has promoted principal associates Nand Gopal Anand in Delhi and Arunabh Choudhary in Bangalore to its partnership.
Law firms
Anish Tripathi, Cyril Amarchand Mangaldas director “strategy & special projects” in Mumbai, has resigned with today being his last day at the firm.
Law firms
Cyril Amarchand Mangaldas partner Srinivas Kilambi, who had joined the Delhi office of the firm from MNK Partners, where he was co-founding partner, is set to resign according to two authoritative sources.
Law firms
Binay Mishra, whom we had reported last week as joining ANM Global from Citi where he was vice president legal to head its banking practice, will not be joining the firm after all.
Corporate M&A
I-Nurture Education Solutions Private Limited, a higher educational services company, has entered into a joint venture agreement with Galileo Global Education France Sas, which is the largest higher education company in France and Europe.
Private equity / VC
Thermal Energy Solutions Pvt Ltd (TESSOL), a company engaged in providing next-generation clean technology cold chain solutions, has raised an undisclosed amount from Infuse Ventures and Ankur Capital. TESSOL, founded by Mr. Rajat Gupta, had raised seed investment from Infuse Ventures in 2014.