Shardul Amarchand Mangaldas
AZB & Partners Mumbai partner Shuva Mandal has resigned from the firm and will join Shardul Amarchand Mangaldas in Mumbai.
On Monday the Economic Times reported that the director general (DG) of the Competition Commission of India (CCI) has submitted a damning report of Google, finding a prima facie case that Google has abused its dominant position.
Shardul Amarchand Mangaldas has won a favourable landmark report from the Competition Commission of India (CCI) director general for its client Bharat Matrinmony and an NGO against internet giant Google, which was represented by AZB & Partners and Economic Laws Practice (ELP).
Gammon India has sold nine Indian project companies of Gammon Infrastructure Projects to a subsidiary of US asset management giant Brookfield Asset Management for around Rs 563 crore.
J Sagar Associates (JSA) has finished its executive committee election, inducting three new members into the now-seven-strong committee, according to the firm’s press release.
Erstwhile Amarchand Mangaldas, the law firm that split in May into Shardul Amarchand Mangaldas and Cyril Amarchand Mangaldas, is the only Indian law firm that made it into a top 20 index of Asia Pacific law firm brands published this year.
The Bombay high court has ruled for Nestle India’s Maggi noodles today, quipping: “Even though it’s a 2-minute noodles, it took us a lot of time.”
Slovakian railway wagon manufacturer Tatravagoka AS, advised by Khaitan & Co, has acquired 50 per cent stakes in Jupiter Wagons and Jupiter Alloys and Steel, advised by Shardul Amarchand Mangaldas, in a deal reportedly worth Rs 100 crore ($15.6m).
Jupiter, which is one of India’s biggest railway freight car manufacturers, was advised by Shardul Amarchand Mangaldas partner Abhishek Guha, senior associate Aditya Mehra, and associate Roma A Das.
Tatravagonka drafted in Khaitan & Co Mumbai Mumbai associate partner Kartick Maheshwari on the transactional side, and associate partner Yigal Gabriel on the real estate side.
Deloitte Touche Tohmatsu India Private Limited acted as Jupiter's financial adviser, while Alpen Capital acted for Slovakian company as its financial adviser.
Jupiter Wagons and Jupiter Alloys and Steel are set to be merged after this transaction completed on 14 July.
Shardul Amarchand Mangaldas has continued its association with the international referral network Lex Mundi, according to a press release by the firm and the network.
Shardul Amarchand Mangaldas (SAM) Mumbai office managing partner Akshay Chudasama is acting for Warburg Pincus, which is buying a Rs 1,800 crore minority stake in Piramal Realty, which was advised by Cyril Amarchand Mangaldas’ Mumbai office.
J Sagar Associates (JSA) funds formation partner Jay Gandhi and his team of five associates will join Shardul Amarchand Mangaldas (SAM) in Mumbai under former JSA senior partner and SAM Mumbai Akshay Chudasama.
Khaitan & Co overtook Amarchand Mangaldas in data provider mergermarket’s half-yearly (H1) M&A charts by value, with the first quarter of Amarchand functioning as the split firms of Cyril Amarchand Mangaldas (CAM) and Shardul Amarchand Mangaldas (SAM). AZB & Partners maintained its deal volume lead which it has claimed for two consecutive years.
AZB & Partners’ private equity (PE) practice again won it the top place in the half-yearly league table of data provider Venture Intelligence, making the firm the half-yearly league leader in this space for the third consecutive year.
Cyril Amarchand Mangaldas has hired former Amarchand Mangaldas Delhi principal associate Mekhla Anand as an indirect tax salaried partner in its new Delhi office.
Shardul Amarchand Mangaldas had advised the Grofers Group - a start-up that delivers groceries and other sundry items to homes from nearby shops - on its $36m investment by Tiger Global, Sequoia Capital and Apoletto Asia, which closed this week.
Tiger Global was advised by ARA Law managing partner Rajesh Begur and Gunderson Dettmer New-York based senior partner Steven L Baglio.
Sequoia in-house lawyers Tanmay Amar and Sandeep Kapoor briefed Bangalore-based Themis Associates, led by partner Chetan Nagendra, principal associate Ashwani Verma and senior associate Dheeraj Khanna.
Shardul Amarchand partners Prashant Gupta and Puja Sondhi, with principal associate designate Aayush Kapoor, and senior associates Sumeet Singh and Sushrut Biswal acted for the fast-growing e-commerce start-up.
Dua Associates managing partner Ranji Dua has confirmed that senior disputes partner Shiraz Patodia and her team would remain at the firm, less than a month after she had given notice to join Shardul Amarchand Mangaldas (SAM) in Delhi, as first reported by Legally India on 1 July.