CDC Group Plc, the UK government’s development finance institution, has made an equity investment of $36 million (Rs 255.36 crore) in Warburg Pincus-backed logistics firm Ecom Express Pvt. Ltd. — VCCircle AZB & Partners advised Ecom Express Private Limited and Warburg Pincus group led by a team...

From today, nearly all of Khaitan & Co lawyers and support staff will officially have the option of working from home, in a bid to reduce the risk of spreading the novel coronavirus (COVID-19) amongst its workforce.

J Sagar Associates (JSA) has promoted three of its non-salaried partners into its equity partnership circle that is now 37 strong. Arka Mookerjee, finance, capital markets; Mumbai; LLB: University of Pune 2006.Roy Chowdhury corporate, M&A, private equity and finance, fintech; Bangalore; LLB: SLS Pune 2004.Tony Verghese corporate, M&A and private equity practice; Bangalore; LLB: Bangalore University.

Apart from being early out of the gate in advising clients on the potential legal fall-out of the global pandemic of the novel coronavirus SARS-CoV-2 (causing COVID-19), India’s law firms have been beginning taking a number of measures to deal with an expected spike in reported infections, including one firm stress-testing its “work from home” (WFH) arrangements.

Making its second bet in the Indian start-up space, social networking giant Facebook has participated in a $110 million investment round in edtech enterprise Unacademy. — Business Standard Algo Legal advised Unacademy , operating as Sorting Hats Technology Private Limited , led by a team of partner ...

J Sagar Associates (JSA) has hired Shafaq Uraizee Sapre as a Mumbai-based retained partner from Lakshmikumaran & Sridharan (LKS).

New Delhi: Realty firm Indiabulls Real Estate Ltd has agreed to sell commercial projects in Mumbai and Gurugram to global investment firm Blackstone for an enterprise value of ₹810.7 crore. — Mint J Sagar Associates advised Indiabulls Real Estate Limited led by a team of partners Lalit Kumar and Bha...

Scooter rental startup Bounce is having a ball. Within six months of raising $72 million, the Bengaluru-based venture has raised $97.5 million in a Series D round led by Accel Partners and B Capital. Existing investors, including Chiratae, Sequoia Capital, Omidyar and others also participated in the...

Muthoot Finance, the country’s largest gold financing company… has entered into an agreement to acquire IDBI Bank’s mutual fund unit, marking its entry into mutual fund asset management space. Muthoot Finance … has agreed to acquire IDBI Asset Management Ltd and IDBI MF Trustee Company or a total co...

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...

Beleaguered ecommerce company ShopClues has found an unlikely home. Once a unicorn, the Gurugram-based startup was struggling to keep afloat due to a fund crunch. It was bought by Singapore’s Qoo10 for approximately $70 million in an all-stock deal in early November. Qoo10, barely known in India, is...

Shardul Amarchand Mangaldas (SAM) is set to bulk up its Mumbai corporate strength with J Sagar Associates (JSA) partner Jamshed Bhumgara.

Indian diagnostics company Tulip Diagnostics Private Limited has acquired Biosense Technologies Private Limited for an undisclosed amount, according to AK & Partners. Tulip makes and markets in-vitro diagnostic reagents and kits both nationally and internationally, while Biosense manufacturers ...

Following competition partner Amitabh Kumar’s retirement, which we had reported less than two weeks ago, Gurgaon-based partner Upendra Nath Sharma has been elected into the firm’s executive committee (excom), as one of five partners.

HCL Tech Ltd informed the exchanges on October 11, 2019, that it has completed acquisition of Sankalp Semiconductor Pvt. Ltd. HCL had announced the acquisition on Sep 9, 2019. The acquisition of Sankalp Semiconductor has been done for for Rs 180cr. The target co. is an advanced technology design ser...

J Sagar Associates (JSA) partner, executive committee member and previous competition law practice co-chair Amitabh Kumar has left the firm after reaching the partnership deed’s retirement age of 65 today.

Ford Motor Co. will cede control of most of its India operations to Mahindra and Mahindra Ltd (M&M), underscoring the US company’s long-drawn struggles to make a bigger dent in the world’s fourth-largest automobile market

JSA advised and assisted Broadview Holding B.V. (“Broadview”) on the acquisition of Formica Group (“Formica”), a business unit of Fletcher Building Holdings Limited, and , according to reports . CINCINNATI… Broadview Holding, a Netherlands-based industrial holding with a significant presence in mate...

Blackstone already held a 50% stake in Indiabulls Real Estate, making this a quasi-joint venture.

OfBusiness, a startup that lends to small and medium enterprises, has raised ₹250 crore led by Norwest Venture Partners with participation from existing investors Falcon Edge and Matrix Partners. Asish Mohapatra, CEO, Of-Business said, “We strongly believe that lending is a commodity or will get com...