L&L Partners
Amarchand Mangaldas Mumbai office scoops Luthra lawyer who’s been associated with the firm for 13 years.
India Today Group’s Business Today magazine has chosen Madhurima Mukherjee, who left Luthra & Luthra last week, and Amarchand Mangaldas Delhi partner Pallavi Shroff, as two of India’s 25 “most powerful women in business”.
AZB & Partners Mumbai-based co-founder Zia Mody has won the award several times since 2004 and is now inducted into the magazine’s so-called hall of fame, and therefore ineligible for any future awards.
Yesterday’s ceremony is understood to have also been attended by Luthra & Luthra managing partner Rajiv Luthra, and Bharti Shroff, Amarchand partner and mother-in-law of Pallavi Shroff.
[via Business Today: Mukherjee ‘capital gains’ profile & picture (warning, contains geese); Pallavi Shroff ‘queen of the court’ profile]
Luthra & Luthra capital markets head and partner Madhurima Mukherjee has announced her resignation from the firm today.
AZB, Luthra, Links & Slaughters sell off Indian RBS assets to Ratnakar bank.
Luthra & Luthra has promoted two M&A and private equity lawyers – Damini Bhalla and Amit Shetye – to its partnership, as the firm has widened its executive committee and management outlined a strategic vision to ditch lower margin work and eschew big headcounts.
Three Luthra & Luthra Delhi partners have left or are leaving, just ahead of the firm’s delayed partnership promos.
Luthra & Luthra is set to announce its long-awaited partnership promotions on Saturday (3 August).
It is understood that a meeting of partners will be held today at 3pm on the topic, with some appraisals still going on through tomorrow.
The partnership promotion announcements are then set to be made at a function in the evening. Apart from Luthra, Amarchand Mangaldas was the last of the big six firms to announce its promotions on 3 July.
Amarchand Mangaldas solidified its lead in the Indian project finance league tables ahead of Luthra & Luthra, as AZB & Partners pushed its way into the top three.
Luthra & Luthra advised India’s largest multiplex operator PVR in its Rs 1,000 crore contract with BMR-advised Big Tree.
Luthra & Luthra advised Max India’s year-old subsidiary arm Antara Senior Living in setting up a Dehradun-based living community for senior citizens.
Three firms offload 81 million shares of real estate giant through the still novel institutional placement programme (IPP).
Seth Dua advised the Builders Association of India (BAI) in the Competition Appellate Tribunal against 11 cement companies.
Amarchand Mangaldas, Desai & Diwanji, Luthra & Luthra and Linklaters are advising Fortis Healthcare on its institutional placement programme (IPP) that could raise up to $58m (Rs 320 crore).
Amarchand capital markets partner Yash Ashar in Mumbai acted for Fortis, while Luthra & Luthra Delhi-based capital markets partner Madhurima Mukherjee advised the lead managers Standard Chartered, JP Morgan and Religare.
Linklaters Singapore also advised the lead managers.
Desai & Diwanji partners Vishwang Desai and Srishti Ojha and associate Ishita Kashyap advised GIC Special Investments, in relation to the foreign currency convertible bonds (FCCBs).
The price under Chapter VIII-A of SEBI’s ICDR regulations, will be no more than Rs 92 per share for up to around 35 million shares.
Luthra & Luthra litigation partner Ajit Warrier is to join Amarchand Mangaldas’ Delhi office after this month, according to legal website Bar & Bench’s sources but without official confirmation from the firms.
Warrier specialises in corporate litigation, having joined Luthra in 2006 after starting in chambers and independent litigation practice from 1993.
Luthra litigation partner Vijay Sondhi confirmed to Legally India that Warrier would join Amarchand.
Amarchand has emerged as the most aggressive Indian early recruiter hiring 36 fourth-year law students across 10 colleges.
25 Nalsarites accept jobs at six firms.
NUJS 4th year recruitment committee bags at least 20 jobs but keeps shtum.