Majmudar & Partners
Former Amarchand Mangaldas partner and Norton Rose of counsel Prashanth Sabeshan has joined Majmudar & Co as partner in the Bangalore office today.
Deals with Dua Associates, AZB & Partners, Khaitan & Co, Vichar Partners, Majmudar & Co, J Sagar Associates (JSA) and more…
Corporate recruiter ICICI Bank has increased its basic pay package for new recruiters by almost one and a half lakh rupees taking the basic annual package to 10.5 lakh, as Bharucha & Partners, Juris Corp and Majmudar & Co hiked their fresher pay. Tatva Legal kicked off its first law school recruitment season with packages of Rs 8 lakh.
Amarchand, Anup Shah on $200m for Blackstone Bangalore investment; Majmudar structures KPMG Indian backoffice with Sidleys; and more…
Majmudar & Co, UK law firms Addleshaw Goddard and Eversheds have advised on the buyout of UK-based Ventura’s call centre business by FTSE-listed outsourcing company Capita for $94m.
Exclusive: Majmudar & Co equity partner Anoop Narayanan has left the firm with likely plans to start up a new practice, while Majmudar salaried partner Neerav Merchant has been promoted to equity partnership.
Exclusive: DSK Legal and Juris Corp through senior counsel Janak Dwarkadas have filed a winding-up petition in the Bombay High Court against pharma company Wockhardt, which is represented by Majmudar & Co and senior counsel Rohit Kapadia.
Exclusive: Majmudar & Co and Desai & Diwanji have advised on the 50 per cent stake sale of Rolta India’s shares in joint venture company Shaw Rolta Limited to partner Stone & Webster for an aggregate $35.5m in consideration.
Majmudar & Co, Dua Associates and J Sagar Associates (JSA) have advised on the $12m venture capital investment by Reliance Venture Asset Management and GE Oil and Gas in renewable energy firm AllGreen Energy for its first biomass project in Tamil Nadu.
Majmudar & Co has hired Bharucha & Partners equity partner Rukshad Davar as a corporate, M&A and tax partner in Mumbai.
Majmudar & Co and K&L Gates have advised on e-commerce enterprise Rearden Commerce’s world-wide acquisition of Ketera Technologies, which was advised by DLA Piper and Thakker & Thakker that will cease operating at the end of this year.
Majmudar & Co and UK firm TLT have acted as legal counsel to the lender Punjab National Bank (International) Limited [PNBIL] in two cross-border loans to finance the acquisition and operation of US-based and Indonesian mining groups.
Majmudar & Co discusses the latest withholding tax implications for foreign entities after the landmark ruling of the Supreme Court in the case of GE India Technology that in effect overrules the Karnataka High Court’s Samsung decision and provides a reprieve from the obligatory TDS payment and deduction on foreign remittances with no India nexus.
Nalsar Hyderabad has placed 35 students with law firms out of a 2011 graduating batch of 81, as the in-house recruitment round is yet to begin.
Majmudar & Co has hired former ING in-houser, Central Bureau of Investigations (CBI) law officer and Ministry of Corporate Affairs-officer Abdul Rasheed as an associate partner in Bangalore, as well as taking on a principal in the Mumbai tax group.
Majmudar & Co and Herbert Smith have assisted port infrastructure company Essar Shipping Ports & Logistics Limited in launching their foreign currency convertible bonds (FCCBs) issuance of $280m last month.
Khaitan & Co and Majmudar & Co have advised French IT services group Atos Origin in its 100 per cent acquisition of Indian e-payments processing unit Venture Infotek Global for around $99m in order to set-up an integrated Hi-Tech Transactional Services (HTTS) company Atos Wordline in India.
Majmudar & Co will follow its clients and move from South Mumbai to a larger office in the Bandra Kurla Complex (BKC) in North-Central Mumbai, as the firm has hired Little & Co corporate partner Shreyas Patel with one associate.