Corporate

Indus sells Cleartrip to Khaitan’s Flipkart with foreign involvement

E-commerce player Flipkart […] said it will acquire Cleartrip, a leading online travel and technology company. — Business Standard IndusLaw advised Cleartrip Private Limited led by a team of senior partner Srinivas Katta , partner Rashi Saraf , senior associate Stuti Agarwal , and associate Shreyas ...

SAM Bangalore’s Roshan Thomas to be group GC at Byju, SAM hammers home its unicorn client not going anywhere

Shardul Amarchand Mangaldas Bangalore-based partner Roshan Thomas will be leaving to become group general counsel (GC) at online education giant Byju‘s, according to a press release from the firm.

L&L corp pays one-off 7% Covid-year bonus to associates (except freshers) • Annual PQE bump to be resumed

L&L Partners has paid an unexpected additional bonus of 7% of annual 2020-21 financial year fixed remuneration of non-fresher and non-litigation associates.

AZB cap markets count down (but not out): Delhi SA Nirupama Ramakrishnan joins JSA as partner with 3 • 3 exit in Mumbai-Pune for Trilegal

AZB & Partners Delhi senior associate Niruphama Ramakrishnan has joined J Sagar Associates (JSA) and its recently-expanded capital markets team as a partner, with three other fee-earners from Delhi from 1 April.

Indus leads for ShareChat on $502m unicorn round with AZB, KCo, Gunderson, Cooley, Skadden

Mohalla Tech, the parent company behind India’s leading short video app Moj and Indic language social media platform ShareChat has become the latest entrant to the Unicorn Club. The company has raised US$502 million in its latest round. With the new rounds of investment, the valuation stands a littl...

Luthra real estate partner Sachit Mathur continues vicious spiral of home-grown talent exits

L&L Partners Delhi-based real estate partner Sachit Mathur is understood to have tendered his resignation.

Ex-Zomato’s GT Thomas Phillippe joins ShareChat as GC

Phillippe joins ShareChat T he former Zomato general counsel (GC) GT Thomas Phillippe , who had joined in 2018 and left in June 2020 and was recently replaced by L&L partner Damini Bhalla , has joined ShareChat as GC, according to an update on his Linked-in profile. He had been external general...

Shardul Amarchand Delhi corp partner Harsh Kumar joins P&A

P&A Law Offices has hired Shardul Amarchand Mangaldas partner Harsh Kumar as a corporate partner in Delhi, confirmed the firm and his Linked-in profile.

Flipkart GC Bijoya Roy to join Pernod Ricard liquor maker as S. Asia GC

Flipkart GC Vijoya Roy to move to Pernod F lipkart group general counsel Bijoya Roy is due to join multinational alcoholic drinks giant Pernod Ricard as its South Asia GC from 12 April, reported Bar & Bench . She had joined Flipkart in Bangalore in 2019, shortly after it was bought by Walmart. ...

Nishith Desai: ‘Distributed’ model designed to absorb exits, Delhi remains ‘vibrant’ • Fills corp gap with Actis’ Ratnadeep Roychowdhury

Nishith Desai Associates has hired Actis Capital India legal head Ratnadeep Roychowdhury to join and replenish its recently depleted senior headcounts in funds and corporate, following the departure of Delhi leader Pratibha Jain and Mumbai M&A leader Simone Reis.

Indus promotes 3 to partner: Minhaz Lokhandwala, Shreya Suri, Sowmya Kumar • +30 other promos

IndusLaw has promoted three of its fee-earners to partnership across three offices.

IC Universal promotes 5 partners to grow to 20

IC Universal Legal has promoted three to senior partner and two to partner level, as well as several associate promotions.

NDA loses 3 senior leaders: Pratibha Jain goes Everstone as Adanis get Devaiah • Simone Reis, Rajesh Simhan start new firm

D elhi-based Nishith Desai Associates (NDA) leader Pratibha Jain has joined Everstone Group as general counsel (GC) with her predecessor Devaiah PM set to join the Adani Group as group general counsel, moneycontrol . We understand she will be joining next month. We have also confirmed Jain’s move, a...

P&A promotes 3 partners, 3 APs, 21 associates

P &A Law Offices has promoted three to partner and three to associate partner, in addition to a number of associate promotions (see below). According to a firm statement: The hard work that everyone at the Firm put in together has been crucial in ensuring the Firm’s collective growth and progre...

JSA promotes 7 to retained partner • Focus in corporate, finance • 1 RGNUL alum partner

J Sagar Associates (JSA) has promoted seven principal associates to retained partner level (equivalent to salaried partner).

JMP adds two more in dispute resolution: Mumbai partner Rhia Marshall, Delhi counsel Yashvardhan

Jerome Merchant + Partners has hired two lateral dispute resolution lawyers, partner Rhia Marshall and Yashvardhan, a month after hiring Palash Gupta from Singapore as its head of international arbitration.

DSK promotes 9 partners, APs • Ravi Prakash, Nand Kishore go closely independent • To announce increments post bonuses

DSK Legal has promoted four associate partners to partner and five fee-earners to associate partner level.

Veritas hires JSA corporate partner Manav Raheja

Manav Raheja joins Veritas V eritas Legal has hired J Sagar Associates (JSA) Mumbai-based partner Manav Raheja , as first reported by Bar & Bench . Veritas managing partner Abhijit Joshi said in a statement: “Manav is backed by a considerably diverse experience in the corporate advisory and tra...

TT&A promotes 11 fee-earners to more senior associate levels

Talwar Thakore & Associates (TT&A) has promoted five to managing associate and six to senior associate level. The following were promoted from senior associate to managing associate: Kislay Bihari Gayatri Chadha Rebha Dakshini Dhwani Shah Tanay Agarwal The following six were promoted from ...

AZB promotes 2 partners, 5 counsel in Mumbai + Delhi

AZB & Partners has promoted two to partner across Delhi and Mumbai: Pranav Atit, general corporate, Mumbai, andAbhimanyu Chopra, dispute resolution, Delhi.