AZB & Partners

Bharucha & Partners advised social media giant Twitter on its first acquisition in India, in its $30m buy of missed-call marketing platform ZipDial Mobile Solutions, which was advised by AZB & Partners.

You may have noticed that Legally India's once-much-beloved newsletter of 122 issues had sadly been on a multi-year hiatus. Well, it’s back.

AZB & Partners Mumbai partner Essaji Vahanvati will go part-time at the firm from tomorrow (15 January).

Former Clifford Chance senior associate Rishi Gautam will join AZB & Partners in Mumbai as a corporate partner in January.

J Sagar Associates (JSA) and AZB & Partners advised the promoters of Curatio Health Care on the Rs 95 crore sale of 33.36 per cent of its stake to Sequoia, which was advised by Khaitan & Co and Themis Law Associates.

JSA Chennai partner Aarthi Sivanandh, senior associate Tamara Devanandan and associates Revathi Muralidharan, Sahana Raghunathan and Bharath Sridhar and AZB Mumbai partner Essaji Vahanvati and associate Manan Mehta acted for the promoters.

Khaitan Bangalore partner Ganesh Prasad and associates Vineet Shingal and Mukund Thirumalai Srikanth together Themis senior associate Ashwani Verma and Dheeraj Khanna and associate Hardik Bhatia acted for Sequoia.

Sequoia has made 12 healthcare investments in India, including this deal, spread across verticals such as diagnostic services, healthcare IT, patient services, pharmaceuticals, and product development services, reported the Times of India.

AZB & Partners Mumbai office, except for the litigation team, will be moving from its South-Mumbai Express Towers office into Lower Parel by next year.

Amarchand Mangaldas together with Al Tamimi advised Warburg Pincus, which invested around Rs 1,200 crore for a 10 per cent stake in Kalyan Jewellers, advised by AZB & Partners.

Induslaw advised online and app-based taxi booking service Olacabs in raising Rs 1281 crore ($210m) from SoftBank, which was advised by AZB & Partners and Morrison Foerster.

Majmudar & Partners equity partner and infrastructure and projects practice head Prashanth Sabeshan left the firm today to join AZB & Partners as a partner next week.

Linklaters and Talwar Thakore Associates (TTA) advised the lending and underwriting banks on Tata Steel UK Holdings, which took a term loan and revolving credit facilities of $3.05bn to refinance its bank debt.

Linklaters London partner Narayan Iyer, who had rejoined Linklaters a year ago from TTA, and Singapore partner Philip Badge, and capital markets partner Kevin Wong and TTA partner Rahul Gulati acted for the banks.

JSA and Slaughter & May advised Tata.

The new financing structure consists of a five-year loan of a €370 million, a six-year revolving credit facility for working capital of £700 million and a seven-year loan of €1.8 billion, with more favourable terms and pricing relative to the earlier debt, reported Mint.

AZB & Partners has hired the Australian Competition and Consumer Commission’s (ACCC) former assistant director Fadi Metanios as a senior consultant in its Delhi competition team.