Law firms

Talwar Thakore & Associates partner will re-join Links.

DSK Legal advised Fortune 500 companies’ analytics provider Fractal Analytics in the Rs 150 crore ($25m) cash injection by private equity (PE) firm TA Associates, which was advised by Nishith Desai Associates (NDA) and Goodwin Procter.

DSK Legal Mumbai partner Tushar Ajinkya acted for Fractal.

NDA Bangalore partner Vaibhav Parikh and Goodwin Hong Kong partner Yash Rana acted for TA Associates.

PE firms invested about $2.3bn across 82 deals in this year’s second quarter, increasing by around 17.7% from last year in the same quarter when $1.98bn were invested across 114 transactions, according to the Business Standard.

Kelley Drye has promoted NLSIU Bangalore graduate Deepak Nambiar to its partnership in New York.

Amarchand Mangaldas has hired Citibank former South Asia general counsel Sandip Beri as a partner in Delhi.

Amarchand Mangaldas has made 13 new partners this year, with seven in Delhi and five in Mumbai.

Economic Laws Practice (ELP) and Amarchand Mangaldas swap corporate lawyers into partnership.

PnA Law Offices advised engineering Joint Entrance Examination (JEE) candidate Arnav Ohri in challenging the government assessment process, introduced by Kapil Sibal, for admission to undergraduate engineering programmes in top Indian institutes including the IITs and the NITs.

After Dr Amardeep Kainth’s death this year, the management of Dr Kainth & Associates, the firm he had founded in 1995, has passed to former partner Anupama Venugopal.

Desai & Diwanji advised auto parts maker Amtek Auto, which bought 51.2 per cent in the Jamshedpur-based JMT Auto for Rs 110 crore ($18.4m), according to VCCircle. JMT Auto was advised by Amicus.

Desai & Diwanji Gurgaon-based partner Raghav Mathur assisted by senior associates Nikhil Sachdeva and Jinni Sinha with associates Amanjot Malhi, Nakul Batra and Nitya Chadha acted for Amtek. The company made an open offer to purchase an additional 26 per cent equity in JMT for Rs 55.6 crore.

Amicus co-founding partner Shivi Agarwal acted for JMT, which had revenues of over Rs 300 crore on 31 March, according to the Economic Times. Amtek is backed by funds ChrysCapital and Warburg Pincus, and ChrysCapital also holds 30.5 per cent in JMT, according to VCCircle.

Former Kainth & Associates partner Satish Srinivasan joined ALMT Legal as a partner in Bangalore in its general corporate practice effective today.

Trilegal did not make any new partners this year but promoted senior associates Upasana Rao and Nitish Nair to counsel in Delhi. There were no promotions to counsel in the Mumbai region.

Vaish Associates advised pre-school network Brainworks Learning Systems and its investor Kusumbala Investments in selling out for Rs 5 crore ($824,810) to pre-school network Tree House Education & Accessories. Tree House was advised by Wadia Ghandy.

Vaish Associates Mumbai corporate and banking partner Sandhya Iyer with senior associate Yatin Narang and associate Ishita Roy acted for Brainworks which, according to Business Standard, has 13 self-operated and 51 franchisee centres all over India.

Wadia Ghandy Ahmedabad partner Tanvish Bhatt with senior associate Shreya Desai acted for Tree House which will now have 450 centres across India, reported the paper.

Amarchand Mangaldas advised Videocon Hydrocarbon Holdings (VHHL) on the Indian leg of the $2.475bn (Rs 14,827 crore) sale of its 10 per cent stake in a Mozambique gas field in Brazil.