Associate promotions by practice area at CAM C yril Amarchand Mangaldas has promoted six of its fee-earners to director level in a round of 120 associate promotions (though 23 of those are promotions into various associate ‘designate’ ranks, which are mostly in use at the Amarchand legacy firms). Ac...

Health-tech startup, Pharmeasy, owned by API Holdings has acquired 100% stake in the Medlife group from its existing shareholders in consideration of securities issued to the Medlife shareholders, for a stake of 15.7% in API. This is one of the largest deals forming part of the increasing consolidat...

Cyril Amarchand Mangaldas has promoted 23 of its fee-earners to partner, reported Bar & Bench.

“State-owned Bharat Petroleum Corporation (BPCL) is likely to sell up to 8.68 crore shares, or 4 per cent of the company equity, through a block deal… The company, according to bankers, has set a floor price of Rs 435 per share, a 6.8 per cent discount to Monday’s closing price of Rs 467.”, reported...

IC Universal Legal last week opened an office in the Gujarat International Finance Tec-City (GIFT), with Cyril Amarchand Mangaldas, hot-on-its-heels, announcing today that it had also done so.

IndusLaw’s capital markets team, which had been poached nearly lock-stock-and-barrel from L&L Partners in 2019, has won its highest-profile mandate to date in its role for the banks on the upcoming and eagerly-awaited Zomato initial public offering (IPO).

Hongkong based leading Asia- Pacific alternative asset manager has successfully completed its acquisition of debt ridden realty financier Altico Capital for for INR 2800 crores ($380M approx), as per reports by Mint . The deal also marks as the first out-of-court insolvency resolution by a defaultin...

Bessemer Venture Partners India and global markets counsel, Karan Pahwa, will join Cyril Amarchand Mangaldas in its Bengaluru office specialising on private equity work.

Cyril Amarchand Mangaldas Mumbai partner Gaurav Singhi has joined Argus Partners as a partner.

“Debt-laden Infrastructure Leasing and Financial Services (IL&FS) has completed the sale of its 49% stake in a Chinese expressway project, that will help the company address debt worth Rs 2,600 crore.”, reports The Economic Times. The transaction involved sale of 49% shareholding amounting to I...

Glenmark Pharma has sold its gynaecology business to private equity firm True North backed Integrace Pharma in an attempt to cut down debt of the company. The sale of the gynac business comes two years after it sold its orthopedic business to the same company. Integrace will pay Rs 115 crore for fou...

Dailyhunt’s parent VerSe is on a funding streak. Barely one-and-a-half months after completing a USD 100 million-plus funding round from AlphaWave, Google, and Microsoft, at a valuation of over USD 1 billion, the holding company of the local language news aggregator app has raised another USD 100 mi...

Cyril Amarchand Mangaldas (CAM) is expected to become the latest Indian law firm to set foot in Singapore from 12 February 2021 with a representative office in Singapore, which in recent years had fallen out of favour with firms in terms of having boots on the ground.

Jumbotail, a business-to-business e-commerce marketplace for food and grocery products, has raised $14.2 million in fresh funding led by VII Ventures, bringing to a close the company’s $44 million Series B round. — The Economic Times Rajaram Legal advised Jumbotail Technologies Private Limited led b...

Punjab National Bank (PNB) raised approximately INR 3,788.04 crore through a qualified institutions placement of 1,06,70,52,910 equity shares of face value INR 2 each, at a price of INR 35.50 per equity share (at a discount of 4.95% i.e., INR 1.85 per equity shares on the Floor Price), including a p...

Trilegal has elected Cyril Amarchand Mangaldas Bengaluru-based partner Mridul Kumbalath as a partner in its real estate practice.

The 2018-founded Mumbai-based disputes firm White & Brief, which was started by former Ram Jethmalani junior Nilesh Tribhuvann, is going full-service and has hired two lateral partners and promoted one, with significantly more expansion pledged for the coming months and several big-name clients such as Apple and Indigo to boot.

HSA Advocates has hired Cyril Amarchand Mangaldas (CAM) Mumbai partner Saurya Bhattacharya as a corporate partner.

Cyril Amarchand Mangaldas has announced the joining of former Asian Development Bank (ADB) regional chief Arjun Goswami as director in its public policy practice, heading the practice area from both Mumbai and Delhi.