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02 July 2010
Corporate M&A AZB & Partners has completed two deals for its long-standing client International Finance Corporation (IFC), which bought a $25m share in power projects company Bhilwara Energy Limited and $5m in Applied Solar Technologies.
02 July 2010
Capital Markets AZB & Partners, Luthra & Luthra and Jones Day have advised power generation company Ind-Barath Power Infra on its initial public offering (IPO) of equity shares through which the company hopes to raise Rs 1153 crores.
01 July 2010
Projects Link Legal has advised a GMR-Malaysia Airports consortium on winning the contract to build and expand the Male Maldives airport for around $300m (Rs 1,390 crore).
29 June 2010
Litigation

LuthraLuthra-Vijay-SondhiIPL (Indian Premier League) broadcasters Sony Entertainment Television yesterday filed a Rs 147 crore recovery suit in the Bombay High Court through Luthra & Luthra against the BCCI (Board of Control for Cricket in India) and its media rights licensee World Sports Group (WSG).

25 June 2010
Law firms

Juris Corp has promoted finance partner designate Veena Sivaramakrishnan to full partnership and has lured sole practitioner Anil Mehar Singh Jarial to join the firm as a dispute resolution and real estate partner in Mumbai.

24 June 2010
Law firms

Mumbai-sealink-construction-by_swami_streamDua Associates Mumbai partner Mahernosh Humranwala and his team are on notice to join Tatva Legal next month and will head up the half-year-old firm's Mumbai growth efforts, which was formed by 50 former Dua lawyers.

23 June 2010
Private equity / VC Khaitan & Co has advised on the setting up of two domestic venture capital (VC) funds iPro Capital Private Equity Trust and Subhkam Growth Fund, with each planning to raise approximately Rs 100 crores in various sectors under their maiden schemes.
21 June 2010
Law firms

pencil-by_arqueraEleven out of 171 candidates - or 6 per cent - passed April's examination of the Bombay Incorporate Law Society to become Bombay solicitors, as none of the 30-odd first-time test takers managed to clear the exam.

Read on to download and try your hand at the most recent test paper.

18 June 2010
Legal Process Outsourcing (LPO)

knotsKochhar & Co's former technology and media law partner Rodney Ryder who started up IP and IT boutique practice Scriboard in April has entered into a strategic alliance with legal process outsourcing (LPO) company Overlegen.

18 June 2010
Legal Process Outsourcing (LPO)

microsoft-windowsWipro Technologies is the third legal process outsourcing (LPO) company in almost as many months to announce that it is providing LPO services to software giant Microsoft. But like the others it has been providing LPO services to Microsoft for years. The real story here is how good the Redmont company has been getting at outsourcing legal work.

18 June 2010
Litigation

raavan-stillNaik Paranjpe & Co has successfully restrained the Karnataka Film Chamber of Commerce (KFCC) from preventing the release of the film Raavan in Karnataka after it won a rare favourable interim order from the Competition Commission of India (CCI) for clients Reliance Big Entertainment yesterday evening.

15 June 2010
Law firms

map-india-old_by-normanbleventhalmapcenterLink Legal has put pan-Indian growth further on top of its agenda, having opened up a new Mumbai office by relocating a young Delhi partner and hiring former GVK in-house counsel V Akshay Babu as its second partner in its Hyderabad office.

15 June 2010
Corporate M&A

pieMnAAZB & Partners was the busiest Indian M&A firm in the months of April and May advising on a total of seven takeovers, followed by Trilegal and Amarchand Mangaldas but foreign firms picked up by far the greatest slice of Indian M&A mega-value deals benefiting from increasing Indian outbound activity.

14 June 2010
Corporate M&A

spicejet-by-vm2827Amarchand Mangaldas Bangalore advised Kalanithi Maran on his Rs 740 crore purchase of Link Legal-advised low-cost carrier SpiceJet from two sellers, which were represented by AZB Mumbai and Naveen Goel Law Offices in Delhi.

11 June 2010
Law firms

delhi-govtThe law ministry is planning to start up an Indian Legal Service (ILS) styled along the lines of the Indian Administrative Service (IAS) in a bid to entice top law graduates away from high-paying corporate law firms.

11 June 2010
Law firms

rupeesAZB & Partners, Trilegal, Wadia Ghandy and legal process outsourcing (LPO) company Pangea3 have hiked their basic starting salary packages to as high as Rs 11.4 lakh per year, which makes AZB as the top-paying legal recruiter in Legally India's new law firm salary table.