AZB & Partners

Piyush Mishra, former projects partner at Cyril Amarchand Mangaldas (CAM) Delhi, who had resigned four months ago, yesterday joined AZB & Partners in Mumbai as a partner.

Shardul Amarchand Mangaldas managing partner Pallavi Shroff is set to join India's largest e-payments brand Paytm as a director, reported Business World.

Symbiosis Pune 2009 alumnus Utpal Kant and RMLNLU Lucknow 2011 alumnus Prashant Kanha started up corporate and litigation firm Sequitur in Noida this month, and helped Pune based backpacking hospitality platform Backpacker Panda raise $1.4m.

Khaitan & Co has filed more IPO drafts than any other firm in 2017 just ahead of Cyril Amarchand Mangaldas, in a market where downward pricing pressures have made it tough across the board.

Hero Enterprises, led by ex-Hero MotoCorp joint MD Sunil Kant Munjal has acquired 25% of the share capital in Mumbai-based consumer lighting firm Corvi LED Light through an investment of Rs 63 crores (around $10m), as reported by The Economic Times and Business Standard.

AZB & Partners and Shardul Amarchand Mangaldas (SAM) acted on the biggest and greatest number of deals respectively, according to mergermarket (MM), which captured far fewer deals than both Bloomberg and Thomson Reuters databases that we had reported last week, in part due to its different deal eligibility criteria (see below).

AZB & Partners was the busiest and fastest growing law firm in India this year according to year-end rankings released separately by Bloomberg and Thomson Reuters.

Cyril Amarchand Mangaldas (CAM) Delhi partner Piyush Mishra, who had been hired in 2015 from Luthra & Luthra, has resigned the firm and is understood to in advanced talks to be joining AZB & Partners.

AZB & Partners Mumbai lateral partner and compliance and investigation practice head Ajay Upadhyay has moved to KPMG as a partner in its forensic practice, two years after having joined from E&Y.