Amarchand Mangaldas
Amarchand Mangaldas, J Sagar Associates (JSA) and Australian firm Mallesons Stephen Jacques have advised on the Macqaurie-SBI Infrastructure Fund, which is slated to be the biggest fund investing in the Indian infrastructure sector to date.
Amarchand Mangaldas has hired the former general counsel of private equity firm Sun Apollo as a partner for its Mumbai private equity and M&A practice.
Amarchand Mangaldas Delhi's former joint chief financial officer (CFO) and chief operating officer (COO) Bithika Anand has joined legal market services provider Rainmaker as founding director of a new business venture.
Amarchand & Mangaldas' former Kolkata office head is set to start up his own law firm, three months after his resignation from Amarchand.
Amarchand Mangaldas Mumbai has completed its student hires for the year after making pre-placement offers to nine law students from NUJS Kolkata last week.
The firm's latest offers also included its first hire of a law student who is blind.
Luthra & Luthra has made 10 pre-placement offers (PPOs) to final year law students at three national law schools. The firm has also hired six lateral associates, with the fresh batch of seven new law school graduates now starting.
Amarchand Mangaldas has acted for Wockhardt in selling 10 hospitals for Rs 909 crore ($186m) to Fortis Healthcare, which was advised by Vaish Associates in Mumbai.
India's largest mortgage lender Housing Development and Finance Corporation (HDFC) has issued India's first ever dual warrants and bonds instrument, which was structured by AZB & Partners, Amarchand Mangaldas and Linklaters Singapore to raise Rs 4000 crore ($822m) for the company.
A raft of law firms have picked up mandates on the four latest initial public offer (IPO) proposals to be filed with the Securities and Exchange Board of India (SEBI), with Amarchand Mangaldas taking two issuer mandates, Luthra & Luthra acting for one company and Rajani Associates for the fourth.
Amarchand Mangaldas has hired a Freshfields Bruckhaus Deringer lawyer as a principal associate designate in its Delhi office.
After a near-hiatus for almost one year the IPO pipeline has finally filled up this July. No company wants to be left behind by the cheap cash-for-equity gravy train, the gold rush now appears to be self-sustaining – at least for the time being.
The distribution of spoils among Indian law firms is likely to be less even-handed.
Khaitan & Co scored the Mahindra Holidays & Resorts listing in Mumbai, which netted the Mahindra Group around Rs. 275 crore over the past month and to many investors signalled a temporary end to the initial public offering (IPO) drought.
Amarchand Mangaldas Delhi's joint chief financial officer (CFO) and chief operating officer (COO) Bithika Anand has resigned after almost 11 years with the firm, as Amarchand Delhi's auditors have temporarily stepped in until a replacement can be found.
Tata Steel has selected an identical roster of firms to advise on its latest fundraising in London, with Amarchand Mangaldas, Talwar Thakore Associates, Cleary Gottlieb Steen & Hamilton and Milbank Tweed Hadley & McCloy reprising their roles from the monster 2008 Corus acquisition-related rights issue.
Amarchand Mangaldas, Khaitan & Co and Jones Day have advised on India's largest initial public offer (IPO) in 18 months for Adani Power's issue, which has so far seen four-fold oversubscription and is hoped to raise between Rs 2,700 and 3,000 crore ($558m to $620m).
Amarchand Mangaldas and Platinum Partners in Mumbai are advising on the Rs 308 crore ($64m) acquisition of a 35 per cent stake in Life Insurance Corporation of India's (LIC) asset management arm by Nomura, which marks Platinum's first instruction for the Japanese bank.
Amarchand Mangaldas is moving on with its second Government divestment instruction, advising NHPC (National Hydroelectric Power Corporation) on raising around Rs 1,680 crore through an initial public offering (IPO).
Clifford Chance's lateral Amarchand Mangaldas hire has reaped rewards, as Rahul Guptan brought the firm the third Indiabulls Group mandate this year, acting for its underwriting bank.
Luthra & Luthra, India Law Services and Amarchand Mangaldas have leapfrogged to the top of global project finance deal rankings over the last six months, benefiting from Indian project finance deals rising by 158 per cent against the same period last year to almost $32bn (Rs 154,000 crore).
Trilegal has recruited final year law students from a National Law School almost six months earlier than last year in an attempt to beat the fierce competition for top law school talent.