Law firms

Vaish Associates has advised on IFCI Venture Capital Funds’ Rs 30 crore ($6.75m) private equity investment in Delhi-based consumer durable goods company Amber Enterprises.

Exclusive: A former Platinum Partners associate and an ex-SEBI and in-house bank lawyer have started a new Mumbai law firm specialising in capital markets and securities law called Prism Partners Advocates.

Khaitan & Co has advised the Welspun Group, which has attracted up to $494m (Rs 2,250 crore) of private equity (PE) money from Apollo Global Management advised by Amarchand Mangaldas.

Exclusive: AZB & Partners has appointed senior partner Abhijit Joshi into the newly created chief executive officer (CEO) role, overseeing strategy of the Mumbai, Bangalore and Pune offices while continuing in his client-facing duties.

J Sagar Associates (JSA) and Hogan Lovells have advised software research and development (R&D) services leader GlobalLogic on its acquisition of product and content engineering company Rofous Software.

Induslaw clients Helion Venture Partners, Canaan Partners and Sequoia Capital have bought an 18.1 per cent stake in legal process outsourcing (LPO) company UnitedLex for $16m (Rs 73 crore) by acquiring co-founder Ajay Agrawal’s share, who had drafted in Amarchand Mangaldas.

Khaitan & Co has advised Yes Bank on granting of Rs 84 crore rupee term loan facility to Integrated Coal Mining for the development and setting up of a 9MW solar photovoltaic plant in Kutch region of Gujarat.

J Sagar Associates (JSA) and Rajani Associates have advised on glass manufacturer Saint-Gobain’s acquisition of Sezal Glass's float glass unit in a slump sale for a reported sum of Rs 686 crore.

Kochhar & Co managing partner Rohit Kochhar has withdrawn a case against Legally India in the Cyber Regulations Appellate Tribunal on Friday, which had passed a stay order five weeks ago prohibiting Legally India from publishing any material relating to any of Kochhar’s disputes.

Desai & Diwanji has advised Wadia group-owned budget airline GoAir on the company’s acquisition of 72 Airbus 320 NEO Aircraft for $7.2bn.

With over 50 lawyers working across three offices now, a strategy consulting arm and future plans turning towards tier-two cities, Delhi-headquartered Hammurabi & Solomon (H&S) had a modest start with two founding partners and two associates.

Exclusive: HSA Advocates Mumbai partner and office head Utsa Shome, who had joined the firm in 2009 from AZB & Partners, will head up Kolkata firm Argus Partners’ new Mumbai office.

Exclusive: AZB & Partners Mumbai partner Vishnu Jerome is intending to set up a new law firm after his AZB resignation takes effect from the end of this month.

SNG & Partners Delhi, Desai & Diwanji and Bharat Forge’s in-house team structured the joint venture (JV) between Bharat Forge and engineering company David Brown Systems to produce gearboxes and transmissions.

Khaitan & Co represented ATM outsourcing company AGS Transact Technologies in its successful bid to raise Rs 145 crore ($32m) in private equity funds from investment firm TPG growth, which drafted in AZB Partners and Milbank Tweed.

Starting out as Indus in Bangalore and G&D in Delhi and now with four offices, Induslaw as it stands today has come of age with a strictly democratic partnership that has its eye on creating a truly national firm, if it can find the right fit.