Law firms
Law firms
The Supreme Court of India has requested Clifford Chance to provide details of its India-billings of more than a decade ago in its long-running dispute against the Deputy Commissioner of Income Tax (DCIT). The case is important to determine international firms' income tax liabilities while billing for work in India.
Job moves
Four-year old Delhi corporate firm Zeus Law Associates has beefed up its practice with the hire of a former US in-houser as a managing associate and three associates fresh out of law schools.
Law firms
Two partners from Linklaters have resigned to join its Indian best friend firm Talwar Thakore & Associates (TTA) as equity partners.
The firm has also promoted two of its associates to non-equity partner level and put in place a lockstep system.
Law firms
Linklaters best friend Talwar Thakore & Associates has leased a new office in the Fort area with 70 per cent more floor space, bucking the recent trend of Mumbai firms moving North.
Litigation
A Supreme Court judge on the Ambani brothers' gas supply dispute has stepped down, fearing a conflict of interest because of his daughter recently joining AZB & Partners in Bangalore as a partner.
Law firms Delhi-based lawyer Madhurendra Nath Jha has been selected to advise the Government of Vietnam on WTO matters as a part of an international team of experts.
Law firms
Luthra & Luthra has leased a new floor in its existing Delhi building, moving its corporate team of 60 heads into the 7,000 square-foot-area last week.
Private equity / VC
Desai & Diwanji, DSK Legal and Wadia Ghandy have triple-teamed on the $100m private equity investment into Hyderabad power company Ind-Barath Power Infra.
Capital Markets
Luthra & Luthra, AZB & Partners and S&R Associates have pushed up the IPO league tables this October, as J Sagar Associates (JSA) and capital markets specialist firm JurisPrudent Consulting Partners make their entry into the rankings.
Job moves
FoxMandal Little Delhi partner K.A. Najmi has joined project finance specialist firm India Law Services as a partner to head its Delhi office.
Private equity / VC
SN Gupta & Co and one-year-old start-up India Legal have advised on Duet India Hotels' Rs 120 crore ($26m) fund investment in a Hyderabad hotel project with L&T Phoenix Infoparks.
Private equity / VC
Thakker & Thakker and venture capital (VC) boutique law firms Sand Hill Counsel and Menon Associates have advised on the series A investment into a Hyderabad mobile TV start-up, giving several angel investors a partial exit.
Job moves
Vaish Associates has recruited two indirect tax law practitioners from Lakshmi Kumaran & Sridharan in a bid to expand its indirect tax law practice.
Law firms
Trilegal will be the second law firm to move into Lower Parel's One Indiabulls Centre in November, joining Khaitan & Co in the same Mumbai office block. Trilegal is also moving into its long-planned new office in Delhi this month and preparing for its move in Bangalore.
Job moves
Hemant Sahai Associates has recruited an AZB senior associate as a partner in Mumbai, after recently merging with Paras Kuhad & Associates to create a national firm called PHA Advocates.
Private equity / VC
Delhi firm LexCounsel has advised the LeapStart Trust in setting up a Rs 50 crore ($11m) close-ended venture capital fund, that aims to capitalise on the resurgent market opportunities in India in various sectors.