Bangalore developer Prestige bought a 50% equity stake in Bamboo Hotel and Global Centre (Delhi) Private Limited. Realty firm Prestige Estates Projects Ltd has tied up with Mumbai-based DB Group for a mixed-development project comprising a large hotel and convention centre in Delhi at a total invest...

Mid-range hotel chain Lemon Tree Hotels is acquiring Keys Hotels for Rs 471 crore in a bid to expand its portfolio. In a stock exchange notification, the New Delhi-based company said it would buy out Berggruen Hotels, the parent of Keys Hotels, at an enterprise valuation of Rs 605 crore ($87.6 milli...

Switzerland’s Zurich Airport International AG on Friday emerged as the highest bidder for the proposed international airport at Jewar, Uttar Pradesh, on the outskirts of Delhi, sparking hopes for the long-delayed project and the development of the area around it… The Swiss firm will invest more than...

Flipkart has invested $4 million (about Rs 29 crore) in customer engagement and rewards platform EasyRewardz, as the Walmart-owned e-tailer makes a strong push into the offline-to-online segment, while also staving off potential rivals such as Reliance Industries. As part of the investment, both ent...

CK Jaipuria Group has exited from Gamma Pizzakraft (Overseas) Private Limited, by selling the owners’ their collective shareholding of 26% of share capital to Sapphire Foods India Private Limited, which is part of Samara Capital. The CK Jaipuria Group comprises of Gamma Pizzakraft (Overseas) Private Limited, Jaipuria Beverages and Food Industries Private Limited, Ganpatie Traders Private Limited, C K Jaipuria and Amar Raj Singh.

PTC India Limited has entered into a joint venture with BSE Investments Limited and ICICI Bank Limited in Pranurja Solutions Limited, to create India’s third electricity exchange. PTC India Limited (PTC) has executed a SSA and SHA on 26th April, 2019 with BSE Investments Limited (“BSE”) and ICICI Ba...

Generico, which runs a network of offline pharmacies selling generic drugs exclusively, has raised a Series-B round of funding led by venture capital firm Lightbox Ventures, said a senior executive. — Mint INDUSLAW advised WorkCell Solutions Private Limited (“Generico”) led by a team of partner Jinn...

ProConnect Supply Chain Solutions Ltd., a third-party logistics (3PL) company and part of Redington Group, has acquired 90% stake in Auroma Logistics Pvt. Ltd. for a cash consideration of ₹45.67 crore. The Chennai-based ProConnect is currently servicing 12 industry verticals through a network of mor...

India Alternatives Investment Advisors Ltd. invested up to USD 8 million for a significant minority stake in Brinton Pharmaceuticals Limited. Brinton is focused on dermatology and has recently expanded into the paediatric dermatology and respiratory segments. — The Economic Times DSK Legal advised I...

“The Committee of Creditors (CoC) has backed the resolution plan placed by state-owned Jawaharlal Nehru Port Trust (JNPT) to buy the debt-laden Dighi Port Ltd under India’s bankruptcy and insolvency law,” reported Hindu Business Line . Update 05 June 2019 : The deal was approved by the National Comp...

“The IPO of Rail Vikas Nigam Ltd (RVNL) was subscribed 1.78 times as of 5:15 pm today, the last day of the issue. The ₹481-crore RVNL IPO opened for subscription on Friday. The state-owned company offered 25.34 crore shares at a price band of ₹17-19 per equity share. RVNL will be the third rail PSU ...

“Japan’s largest ink manufacturer by revenue DIC Corporation has acquired Maharashtra-based resins manufacturer Ideal Chemi Plast Pvt Ltd in an undisclosed amount. Founded in 2004, Ideal Chemi Plat manufactures and sells acrylic, alkyd, polyester and other resins for auto refinishing, coil and wood ...

Toshiba has increased its stake to 100% in UEM India, according to reports . Indian Law Partners advised Toshiba , led by a team of partner Gopika Pant , partner Vineet Gupta . Amicus Services acted for the promoters of UEM India. DSK Legal advised the other shareholder True North . 2018-03-01 {inco...

DSK co-founding partner Satish Kishanchandani’s start-up is now live as Pioneer Legal in Mumbai, coming out of the gate with a partner promotion, a headcount of 20 fee-earners, 4 partners and plans for national expansion.

It is well known that nearly every Supreme Court case is in want of an advocate-on-record (AOR), and several lawyers and law firms have made this a core part of their Supreme Court practice. After analysing more than 120,000 of the Supreme Court’s daily orders from 2018, we have now compiled a list of the busiest advocate-on-record (AOR) firms in the apex court, according to the number of orders mentioning their names.

Following the en masse seven-partner poaching of a corporate-projects Delhi-Mumbai-Bangalore team from HSA Advocates, DSK Legal has now added HSA Delhi and Mumbai-based litigation partner Nand Kishore and his team of four fee-earners.

“Suryoday Small Finance Bank raises fresh funding from new and existing investors: Mumbai-based Suryoday Small Finance Bank Ltd on Wednesday said it has raised Rs 248 crore ($35.8 million) from three promoters and a clutch of existing and two new investors,” reported VCCircle . J Sagar Associates (J...

After our exclusive report on Monday that up to nine partners would bulk-move from HSA Advocates to DSK Legal, the latter has now confirmed the hiring of HSA Advocates senior partners Anjan Dasgupta and Aparajit Bhattacharya, alongside only five others, including one Bangalore partner.

HSA Advocates senior Delhi corporate partner Aparajit Bhattacharya and senior Mumbai projects partner Anjan Dasgupta have both resigned today, and are understood to be in very advanced discussions to join DSK Legal, according to several sources.

DSK Legal has promoted Mumbai-based associate partner Vikrant Singh Negi to partner, and four principal associates to associate partner.