Poovayya & Co

Poovayya & Co has promoted Bangalore-based Pallavi Smriti to partner in its litigation practice, with effect from this year.

Leading investment and financial services firm, Jupiter Capital has recently completed the acquisition of up to 33 lakh shares amounting to nearly 66% of BSE-listed non-banking financial company TRC Financial Services, by way of an open offer to the shareholders and contractual arrangements for an aggregate transaction value of Rs 5.92 crores (around $924,000). The offer price of the fully paid shares of TRC Financial Services was quoted at Rs 18 per share.

Acadgild, the Bengaluru-based online education startup operated by Edvista Education Services has recently been acquired by Aeon Learning in an all-stock deal amounting to Rs 64 crores ($10m) as reported by VC Circle and Mint. Acadgild focuses on online degrees and skill development programmes in big data, deep learning and UI/UX design web development, among others and had raised initial investment from venture capital firm Jupiter Capital and K. Ganesh of GrowthStory.

P&C Legal, the Mumbai-based close friend alliance firm of Bangalore’s Poovayya & Co, has rebranded to become Jerome Merchant + Partners.

Khaitan & Co’s Bangalore office has hired Nalina Mayegowda as a disputes partner from local Bangalore-headquartered Poovayya & Co, where she was also a partner.

“Internet giants YouTube and Google are in a bind. The Madras high court has directed them to disclose details of a user (Marupakkam Seithigal) who posted a video that a private company (Lebara Foundation) termed defamatory,” reported the Times of India.

Cyril Amarchand Mangaldas (CAM) can now file for clients in the Supreme Court, having registered its own Advocate-on-Record (AOR) firm after the shared AOR firm of the erstwhile Amarchand Mangaldas was reconstituted.

Alliance Legal co-founder and AZB & Partners alumnus Vishnu Jerome has rebranded his practice to P&C Legal after merging his practice into Bangalore headquartered firm Poovayya & Co.

Exclusive: Alliance Legal, which was set up in Mumbai 15 months ago by partners and a senior lawyer from AZB & Partners, J Sagar Associates (JSA) and Talwar Thakore Associates (TTA), is breaking up, and co-founder Vishnu Jerome is in advanced talks to start a Mumbai office for Bangalore firm Poovayya & Co.