Law firms
Law firms
Media industry focussed firm Naik Naik & Co has hired two new partners from Wadia Ghandy & Co: partner Ashok Paranjpe joins as an equity and name partner while senior associate Leena Desai-Padhye came on board as a salaried partner.
Private equity / VC AZB & Partners and Simpson Thacher & Bartlett have reprised their joint roles for private equity house KKR in its Rs 750 crore ($166m) investment in Amarchand Mangaldas-advised Dalmia Cement.
Legal Process Outsourcing (LPO)
The Indian legal process outsourcing (LPO) industry will more than triple in size and employ 17,000 professionals within five years, predicted research and analytics firm Evalueserve in a study. Around 15 per cent of outsourced services is so-called high-end work that is normally handled by US and UK associates.
Law firms
Luthra & Luthra staff are mourning the loss of senior litigation lawyer Laliya Mukherjee who passed away on 1 May.
Corporate M&A Delhi firm LexCounsel has advised on a joint venture (JV) agreement between public listed education service provider Educomp Solutions Limited (ESL) and Lavasa Corporation to set up four educational institutes to benefit from investment opportunities in the booming education sector.
Projects Luthra & Luthra has acted for an IDBI-led consortium of banks and financial institutions in the financing of $50m coal mine project of GVK Coal (Tokisud) Company in Jharkhand.
Law firms
Clifford Chance has promoted Indian passport holder and India-practice senior associate Sumesh Sawhney to partner in London.
Law firms
Economic Laws Practice (ELP) has promoted associate partner Nishant Shah to partner after one year, four senior associates were made up to associate partner level and ELP has created a new career step of "associate managers" to mirror accounting firms' structures.
Finance
Bristol-headquartered TLT has bagged the advice for a syndicate of Indian banks on a $110m dollar loan to Indus Gas alongside Amarchand Mangaldas, with the regional UK firm benefiting from its niche banking pitch.
Private equity / VC Universal Legal has advised two microfinance institutions in Chennai and Hyderabad on private equity capital raisings with AZB & Partners and Trilegal acting for the investor companies.
Law firms
Mumbai niche firm LawQuest has hired its second partner Ranjana Iyer, specialising in litigation.
Law firms
Kochhar & Co's technology and media law partner Rodney Ryder has left the firm to start his own IP boutique practice called Scriboard in Delhi, hoping to also target Bihar and South India.
Law firms
Linklaters India head Sandeep Katwala has been appointed as Emerging Europe, Middle East and Africa (EEMEA) regional managing partner while continuing in his role as India head.
Law firms
Kochhar & Co has hired Delhi-based Corporate Law Group senior partner Ngangom Junior Luwang as a partner to attempt to build a North East India-targeted practice.
Law firms
Bharucha & Partners has filled out its senior associate ranks by promoting four associates into the position.
Projects Luthra & Luthra advised a consortium of 10 banks and financial institutions led by Axis Bank in the project financing of a $585m power project in the Chandrapur District of Maharashtra, constructed by GMR Energy subsidiary EEL.