Law firms

Amarchand Mangaldas has reported the most M&A activity among Indian law firms this year, according to data provider mergermarket’s Q1-Q3 rankings.

NLSIU Bangalore, Delhi University (DU), GLC Mumbai and ILS Pune have given India’s biggest law firms more than three times as many partners than most other younger law schools since 2009.

Naik Naik & Co and London-international firm Lawrence Graham (formerly known as LG) have entered into a preferred referral relationship.

HSB Partners advised US firm Bayada in buying a 26 per cent stake in Chennai’s India Home Health Care (IHHC), which was advised by Chennai law firm VNS Legal.

HSB Partners partner TK Bhaskar, principal associate Varun Sriram and associates Aishwarya Krishnamurthy and Sahana Chandrika acted for Bayada which expects to earn $1bn (Rs 6,300 crore) in revenue next year, reported the Economic Times.

VNS Legal founder VN Shiva Shankar and senior associate Rakesh Cherukuri acted for IHHC which operates in Chennai and Bangalore.

Corporate principal associate Ashish Razdan and banking and finance principal associate Kumar Saurabh Singh have been promoted.

Herbert Smith Freehills (HSF) has entered into associations with NLS, NUJS, Nalsar, NLU Jodhpur and Delhi so far.

PXV Law Partners and French best friend law firm DS Avocats advised French defence electronics group NSE Industries in a joint venture with Bangalore-based Hical Technologies, which was advised by J Sagar Associates (JSA).

PXV Delhi partner GT Thomas Phillippe and DS Advocats Paris partner Olivier Monange acted for NSE Industries, which received the Foreign Investment Promotion Board’s (FIPB) approval for this Rs 1 million ($17,000) foreign direct investment in May of this year.

JSA Bangalore partner Murali Anandasivan and senior associate Mary Julie John acted for Hical.