Jones Day

Amarchand Delhi, Jones Day Cleveland and Sullivan Cromwell London acted on Gurgaon’s Apollo Tyres $2.5bn takeover of Ohio-based Cooper.

Amarchand for Adani Ports, Khaitan & Co and Jones Day step up for the banks.

Ten foreign law firms will now be allowed to practice local law in Singapore, after the country’s law ministry approved four new Qualified Foreign Law Practice (QFLP) licences out of 23 total applicants.

Clifford Chance India group partner and Amarchand Mangaldas alumnus Sumesh Sawhney has resigned to join Jones Day in London.

Amarchand Mangaldas, with Jones Day, advised healthcare BPO Apollo Health Street (AHSL) and its promoters in selling out for Rs 1000 crore ($184m) to US-headquartered BPO Sutherland Global Services (SGS). SGS was advised by S&R Associates and Latham & Watkins.

Amarchand Mangaldas Mumbai managing partner Cyril Shroff with Bangalore corporate partner Reeba Chacko, and Jones Day Ohio counsel Deepak Reddy acted for AHSL and its shareholders Apollo Hospitals, Maxwell, Eliza Holdings and Healthcare Investments.

Apollo Hospitals holds 40 per cent in AHSL and the rest of the shareholders are private equity investors. AHSL has 150 clients in India, according to Reuters.

S&R Associates Delhi partners Rajat Sethi and Venkatesh Vijayaraghavan, with associates Radhika Iyer, Dhruv Nath, Radhika Agrawal and Lakshmi Pradeep, and Latham & Watkins Silicon Valley partner Tony Richmond acted for SGS, which belongs to multinational conglomerate Sutherland group.

SGS is one of the largest independent BPOs in the world with over 30,000 employees globally, according to the DNA.

Sutherland outbid BPO Genpact to buy AHSL, reported The Hindu.

Chennai-based start-up Vichar Partners has advised Sree Ramcides Chemicals on its Yen 1,495 million (Rs 98 crore) acquisition by Japanese company SDS Biotech KK, which was advised by Alliance Legal and Jones Day.

The latest deals in one place: Khaitan for Kingfisher, Heidelberg, Hutchison Whampoa | AMSS for Mitsui, Schneider, Alstom, Siemens, RTL, IDFC | Siemens: AMSS-Jones Day & more.

Exclusive: Amarchand Mangaldas, AZB with international firms Jones Day and Penningtons advised Bharti Airtel on its $165m purchase of Qualcomm 4G spectrum licences in India, according to several sources close to the deal.

S&R Associates and Jones Day advised the book running lead managers (LMs) Kotak Mahindra Capital and UBS Securities India on the first ever Institutional Placement Programme (IPP) in India. Indian realty major Godrej Properties’ (GPL) issued a private placement of Rs 4.9 bn ($95m) of equity shares worth Rs 575 each. GPL was advised by Amarchand & Mangaldas & Suresh A Shroff & Co.

Exclusive: Amarchand Mangaldas has lost ground in its lead over Luthra & Luthra and surprise performer AZB & Partners in the initial public offering (IPO) league tables for the 2010-11 financial year, while DLA Piper came from nowhere to top the rankings of foreign firms ahead of Dorsey & Whitney and Jones Day.

Exclusive: Against a background of slowing markets in qualified institutional placements (QIPs), Amarchand Mangaldas has retained a strong lead in Legally India’s QIP league table for the 2010-2011 fiscal despite its deal volume dropping by half, while Luthra & Luthra and Crawford Bayley scaled ahead of Khaitan & Co and AZB & Partners.

Jones Day has promoted India-focused banking and finance partner Sushma Jobanputra as partner-in-charge of its Singapore office to succeed David Longstaff.

Amarchand Mangaldas acted on more than half of the total number of Qualified Institutional Placements (QIPs) in Legally India's QIP League Table of the 2009-2010 fiscal year. AZB & Partners and Khaitan & Co were the second-busiest followed by J Sagar Associates (JSA) and Crawford Bayley and S&R Associates amongst domestic firms.

International firm Jones Day bagged the maximum QIPs out of foreign law firms acting for the book running lead managers while Linklaters, Dorsey & Whitney and Clifford Chance also won mandates on a significant numbers of fundraisings.

AZB & Partners, Luthra & Luthra and Jones Day have advised power generation company Ind-Barath Power Infra on its initial public offering (IPO) of equity shares through which the company hopes to raise Rs 1153 crores.

Amarchand Mangaldas was the busiest IPO law firm in Legally India's 2009-10 financial year (FY) league table by far but the newer practices Luthra & Luthra, S&R Associates, AZB & Partners and Khaitan & Co have managed to keep pace in bank advisory work bagging nearly as many instructions.

Amarchand Mangaldas picked up almost one third of 33 initial public offering (IPO) mandates in the first quarter of 2010, while Crawford Bayley, J Sagar Associates (JSA), Luthra & Luthra and Khaitan & Co together bagged another 40 per cent of instructions.

Khaitan & Co is the domestic counsel for Mahindra Forgings Limited and Jones Day Singapore the international legal advisors to the qualified institutional placement (QIP) filed by Mahindra & Mahindra owned forging and auto component company.

Amarchand Mangaldas has significantly expanded its lead in the qualified institutional placement (QIP) stakes, acting on eight out of 18 QIPs filed in the third quarter of 2009. AZB & Partners and Khaitan & Co bagged three mandates each, with J Sagar Associates (JSA) and Crawford Bayley picking up two each.

In December 2009 Luthra & Luthra slipped past Khaitan & Co into second place in the initial public offering (IPO) league tables after acting on three IPOs with Khaitan bagging two instructions. Crawford Bayley took three deals and drew level with AZB & Partners as the fourth busiest Indian IPO firm, while Amarchand Mangaldas built up its lead with five mandates.