Khaitan & Co

Fortis Healthcare Limited was aquired by Malaysian-Singaporean healthcare group IHH Healthcare Berhad (through its wholly owned subsidiary, Northern TK Venture Pte Ltd), through a preferential issue of equity shares of Fortis for a consideration of Rs 4,000 crores at a price of Rs 170 per Equity Share amounting to 31.1% of Fortis’ share capital, as reported by Mint and others.

Khaitan & Co had initially been loathe to let partner Avaantika Kakkar leave the firm to Cyril Amarchand, when we first reported her move on 14 April.

Four Indian law firms are advising in world-record breaking sale of Indian unicorn Flipkart, the biggest domestic Amazon competitor, to Walmart.

Phoenix Legal obtained a stay, by the Supreme Court, on the National Green Tribunal’s (NGT) order that had directed all vehicles plying at Delhi’s Indira Gandhi International (IGI) airport to be converted to using only CNG as fuel.

Khaitan & Co has now confirmed that competition partner Avaantika Kakkar will be leaving the firm. She will be going to Cyril Amarchand Mangaldas as its national competition head, as we had first reported (by a few minutes) on Saturday.

Khaitan & Co Mumbai competition co-head and equity partner Avaantika Kakkar is set to join Cyril Amarchand Mangaldas (CAM), according to several authoritative sources.

Khaitan & Co Mumbai corporate associate partner Pooja Patel, and tax practice executive director Daksha Baxi have tendered their resignations.

Khaitan & Co has promoted eight of its associate partners to equity partnership, as well as made 15 new associate partners, and one new counsel (see full list below).*

NLU Delhi has already placed 23 out of 78 students who will graduate LLB next year, including four foreign firm vacation schemes, with 10 of those jobs gained during the 24 March ‘Day Zero’ of recruitment at the law school.

Shardul Amarchand Mangaldas managing partner Pallavi Shroff is set to join India's largest e-payments brand Paytm as a director, reported Business World.