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02 June 2010
Law firms

KolkotaAmarchand Mangaldas has replenished its Kolkata office with a partner, hiring Khaitan & Partners office head Niloy Pyne, who will also relinquish in the legal process outsourcing (LPO) company he has been helping set up in the city.

02 June 2010
Law firms

german-flag_by-JuliusDLA Piper has launched a continental European India practice by hiring Benjamin Parameswaran and Daniel Sharma from German independents Hengeler Mueller and Heuking Kühn Lüer Wojtek respectively.

01 June 2010
Law firms

Amarchand-Delhi-office-highAmarchand Mangaldas' Delhi office has promoted principal associates Prashant Gupta and Tejas Karia to its partnership, with Gupta being the firm's first full-time capital markets partner outside of Mumbai and Bangalore, while Mumbai has made up principal associate Vandana Pai Bharucha.

01 June 2010
Capital Markets

stock_exchange_chartAmarchand Mangaldas was the busiest IPO law firm in Legally India's 2009-10 financial year (FY) league table by far but the newer practices Luthra & Luthra, S&R Associates, AZB & Partners and Khaitan & Co have managed to keep pace in bank advisory work bagging nearly as many instructions.

27 May 2010
Law firms

Advaya-Ramesh-VaidyanathanThe general counsel (GC) of Mumbai International Airport and counsel of infrastructure company GVK Group has started up his own law firm by the name Advaya Legal, hoping to capture corporate, projects and litigation work.

27 May 2010
Litigation Bhasin & Co managing partner Lalit Bhasin has represented the National Aviation Company of India (NACIL) in the Delhi High Court, which has ordered an injunction of the Air India employees' strike solving the two-day deadlock.
27 May 2010
Corporate M&A

car-electric-reva-by-revanorgeKhaitan & Co has advised India's largest utility vehicle maker in acquiring Bangalore electric car manufacturer REVA Electric Car Company, which was advised by Trilegal.

27 May 2010
Real estate Crawford Bayley sold 350,000 square foot of client Bombay Dyeing and Manufacturing Company (BDMC)'s real estate complex in Parel to Khaitan & Co client Axis Bank for around $170m.
27 May 2010
Corporate M&A Khaitan & Co has acted opposite PwC (PricewaterhouseCoopers) in the sale of Blue Star's 24 per cent-owned ventilation subsidiary to Swedish company Systemair AB.
25 May 2010
Law firms

FinSec-Law-SandeepParekh-1
Sandeep Parekh, current IIM Ahmedabad visiting associate faculty and former Securities and Exchange Board of India (SEBI) executive director in enforcement and legal affairs, is setting up a Mumbai financial law boutique Finsec Law Advisors with a three-stage growth plan.

24 May 2010
Litigation

air-indiaMulla & Mulla & Craigie Blunt & Caroe and a UK firm are representing Air India's insurance underwriters in compensating victims of the Air India air disaster, potentially handling claims running to Rs 400 crore ($85m).

24 May 2010
Corporate M&A

pills-by-blmurchCrawford Bayley, Luthra & Luthra and Baker & McKenzie and Stephenson Harwood have advised on the $3.7bn takeover of Piramal Healthcare by US pharma major Abbott Laboratories.

21 May 2010
Capital Markets

miningLuthra & Luthra and DLA Piper have won two out of two government disinvestment tenders this week for consultancy Engineers India Ltd (EIL) and the world's largest coal producer Coal India Ltd, defeating firms such as Amarchand Mangaldas, AZB & Partners-Clifford Chance, Crawford Bayley and S&R Associates in a competitive tender.

21 May 2010
Private equity / VC Young private equity boutique Sand Hill Counsel has closed two private equity (PE) deals in the education sector for US-based venture capital firm Foundation Capital opposite AZB & Partners, J Sagar Associates (JSA) and Wadia Ghandy.
20 May 2010
Corporate M&A

ICICI-Bank-HQ-Bandra-Kurla-Complex-MumbaiAmarchand Mangaldas is advising ICICI Bank on its takeover of Bank of Rajasthan (BoR), whose promoter Pravin Kumar Tayal is represented by Paras Kuhad Associates, in a stock deal that envisages a share exchange ratio of 25 ICICI shares for 118 BoR shares.

19 May 2010
Capital Markets Amarchand Mangaldas, Crawford Bayley and Luthra & Luthra, and young firms Axon Partners LLP, Link Legal and S&R Associates, are bidding for the role of legal advisor to the government in the disinvestment of state-owned Engineers India Limited (EIL) which is set to happen through a follow-on public offer in July.