J Sagar Associates (JSA) and Luthra & Luthra co-ordinated the Rs 62.2 crore ($13.5m) cash and equity acquisition of DLF-owned DT Cinemas chain by entertainment chain PVR.

Luthra & Luthra, AZB & Partners and S&R Associates have pushed up the IPO league tables this October, as J Sagar Associates (JSA) and capital markets specialist firm JurisPrudent Consulting Partners make their entry into the rankings.

For the first time this year, Desai & Diwanji and Khaitan & Co are leading the third quarter Indian M&A rankings both by value and volume of deals, pushing Amarchand Mangaldas two places down mergermarket’s value league table compared to three months ago.

Amarchand Mangaldas has acted on 70 per cent of qualified institutional placements (QIPs) in the first half of this financial year, with international firms, AZB & Partners, J Sagar Associates (JSA), Luthra & Luthra, S & R Associates and Crawford Bayley mopping up the rest.

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.

Freshfields Bruckhaus Deringer has worked with J Sagar Associates (JSA) as counsel to energy major BP selling around Rs 460 crore ($95m) of Indian windfarms to private equity-backed Green Infra, which was advised by Luthra & Luthra.

Khaitan & Co has benefited as tour operator Cox & Kings overhauled its roster of IPO advisers, dropping J Sagar Associates (JSA), which had advised on the aborted 2008 flotation.

AZB, DSK and Trilegal have done well in Asia Pacific private equity deal rankings despite heavily depressed values and volumes this year.

Desai & Diwanji and J Sagar Associates (JSA) have sealed Essar Steel’s Rs 650 crore ($135m) purchase of Shree Precoated Steels, with JSA facing the “challenging” task of acting as joint counsel to both seller and buyer.

Despite meagre pickings, Desai & Diwanji, Khaitan & Co, AZB & Partners and Amarchand Mangaldas have topped an M&A league table, together advising on 30 Indian deals worth a total of $9.4bn in the last six months.

Our fourth newsletter has details on JSA’s South India strategy as well as stories on lots of other legal entrepreneurs. Enter your email name and email address below to receive the next issue straight to your inbox:

Much of India is suffering under the delayed monsoon so badly that many economists are talking of revising growth forecasts downwards…

J Sagar Associates (JSA) has doubled its size in Bangalore by merging with M&C Partners, which was started up by two partners and their team from AZB & Partners one year ago.

J Sagar and Associates (JSA) and Luthra & Luthra have completed the Rs 1,750 crore ($368m) takeover of mining company Dempo Group by London-listed Vedanta Resources subsidiary Sesa Goa.