CK Jaipuria Group has exited from Gamma Pizzakraft (Overseas) Private Limited, by selling the owners’ their collective shareholding of 26% of share capital to Sapphire Foods India Private Limited, which is part of Samara Capital. The CK Jaipuria Group comprises of Gamma Pizzakraft (Overseas) Private Limited, Jaipuria Beverages and Food Industries Private Limited, Ganpatie Traders Private Limited, C K Jaipuria and Amar Raj Singh.

Manan Lahoty, head of the crack capital markets team that is set to join IndusLaw soon, has won a major victory in the Bombay high court yesterday in a multi-hour hearing against his as-of-now-still employer L&L Partners.

Bengaluru-based agritech platform Ninjacart has added another $10 Mn to close its ongoing Series C round from a clutch of investors, including company’s existing investors Tiger Global, debt venture fund Trifecta Capital, along with Tanglin Venture Fund, Steadview Capital, and ABG Capital. — Inc42 K...

Japan’s Fuji Electric Co., Ltd. on Thursday said it has entered into an agreement to acquire 100% stake in Consul Neowatt Power Solutions Pvt Ltd (CNPS), a maker of uninterruptible power supply (UPS) systems. Fuji is acquiring the company from private equity investor Peepul Capital, which owned the ...

Adani Power … said it has received the Letter of Intent (LoI) to acquire the insolvent Korba West Power Company (KWPCL) after the latter’s Committee of Creditors (CoC) approved Adani’s resolution plan for KWPCL. — Business Standard The insolvency was approved on 24 June 2019. L&L Partners advis...

L&L Partners has promoted six to partner, of whom three are in the M&A corporate practice group, two in general corporate, and one in banking finance, according to an internal announcement.

L&L Partners’ corporate partner Vishwanath Pratap Singh, whom we had first reported to have left in April, will be joining Cyril Amarchand Mangaldas (CAM) in the coming days, coinciding with Trilegal corporate partner Ravindra Bandhakavi’s move that will also complete in the next few days.

Digital payments aggregator BharatPe, said … that it has raised $50 million led by US-based fintech fund Ribbit Capital, and hedge fund Steadview Capital. Existing investors - Sequoia Capital, Beenext Capital and Insight Partners also participated in the round. — Mint Update 05 September 2019: Antar...

IIFL Wealth, the wealth management business of IIFL group, on Wednesday said that it has entered into a definitive agreement to acquire 100% equity shares of L&T Capital Markets Ltd (LTCM), a subsidiary of L&T Finance Holdings Ltd, which provides wealth management services for individual a...

L&L Partners has begun the process of rebuilding its capital markets practice and is finalising the hire of Jitesh Shahani, currently Allen & Overy (A&O) senior associate in Singapore, as well as Luthra alumnus and Nalsar Hyderabad 2005 graduate.

Manan Lahoty, the Mumbai-based head of L&L Partners’ capital markets practice, is due to leave the firm and join IndusLaw with a team of four other capital markets partners, we have reliably learned.

K Law partner Arjun Rajgopal has joined L&L Partners in Delhi in its corporate practice, according to the firm and his Linked-in profile.

Aditya Birla Fashion and Retail Ltd (ABFRL), which owns brands such as Louis Philippe, Peter England and Van Heusen, […] said it has acquired a 51% stake in Finesse International Design that retails bespoke ceremonial wear and contemporary apparel for men and women under the Shantanu and Nikhil bran...

Dream11, online gaming firm, […] announced the completion of a secondary investment by Steadview Capital, an Asia-focused alternative asset manager. The investment takes Dream11’s valuation at over $1 billion making it first Indian gaming company to enter the Unicorn club. — Mint L&L Partners a...

GMM Pfaudler, process equipment supplier to pharmaceutical and chemical industries, has acquired the Industrial Mixing Solutions Division of Sudarshan Chemical Industries, Pune, for ₹29 crore. The acquisition would enhance GMM Pfaudler’s industrial mixing business vertical by bringing in new product...

Malaysia’s state-run oil and gas company, Petroliam Nasional Bhd or Petronas on Monday said it has acquired Amplus Energy Solutions Pvt. Ltd, one of India’s largest rooftop solar power producers. — Mint L&L Partners advised Petroleum Nasional Berhad led by a core transaction team of senior part...

Adani Ports and Special Economic Zone Limited (“APSEZ”) completed the listing of unsecured senior notes aggregating to USD 750 million by on the Singapore Exchange, according to stock exchange filings . L&L Partners advised Joint lead managers , Barclays, Citi, DBS, Emirates NBD, JP Morgan, Mer...

The resolution plan submitted by Dhanuka Laboratories Limited, a group company of Dhanuka Agritech Limited, to acquire Orchid Pharma Limited has been approved by NCLT, Chennai. Earlier, the resolution plan submitted by Ingen Capital LLC was annuled by NCLT, Chennai and a fresh round of bidding was o...

L&L Partners young corporate partner Amit Shetye is set to join New York-headquartered infrastructure investment fund giant Global Infrastructure Partners (GIP) in a senior in-house legal and executive role in India, according to several sources.

Haldiram Snacks has acquired the Namkeen brand Babaji and associated inventory from Lamba Food for an estimated value of around Rs 30 crores. The deal includes the acquisition of the Babaji brand, associated inventory, and associated plant and machinery. The deal was structured as an intellectual pr...