Perkins Coie

US-headquartered international firm Perkins Coie’s India practice chair I Bobby Majumder has joined Reed Smith last month to co-lead its India practice (and he also opened its newly started Dallas office as co-managing partner, in what is part of an eight-partner, 16-lawyer raid on three Dallas offices).

Garden Reach Shipbuilders & Engineers Ltd filed a $50m IPO in October 2018, according to reports.

“Indian state-run Mishra Dhatu Nigam Ltd’s initial public offering to raise 4.38 billion rupees ($67.36 million) for the government was subscribed 1.2 times,” in March 2018, according to Reuters.

The government’s Bharat 22 ETF (Exchange Traded Fund) has made a follow-on offer, raising Rs 27,300 crore, according to reports.

Luthra & Luthra and Perkins Coie acted for the Government of India in the first-of-its-kind central public sector enterprise (CPSE) exchange traded fund (ETF), which offered stakes in 10 public sector undertakings (PSUs) through a mutual fund structure.