Engineering services firm, L&T Technology Services has entered into a definitive agreement to acquire 100% stake in Bangalore-based Graphene Semiconductor Services for Rs 93 crores (around $12.9m) in an all cash deal, reported The Economic Times and MoneyControl . The transaction is expected to...

Delhi-based Sunshine Teahouse’s cafe chain, Chaayos, has raised Rs 81 crores ($12m) in a Series B round of funding led by marquee venture capital firm SAIF Partners, Hong Kong based Integrated Capital and Singapore based growth stage investment firm Pactolus, reported VC Circle and Economic Times . ...

Link Legal India Law Services has hired Shardul Amarchand Mangaldas Delhi-based principal associate Anuj Trivedi as a partner in its corporate practice.

HSA Advocates partner Aniket Prasoon will start up regulatory and infrastructure disputes and projects advisory firm PLA Advocates, with his team of two.

Shardul Amarchand Mangaldas has relaxed its earlier controversial policy under which it could claw back up to three months’ remuneration from fee-earners, clarifying that only the difference between standard remuneration and “enhanced” remuneration over three months would be “returnable” (and only if lawyers join a rival law firm).

L&L Partners, formerly known as Luthra & Luthra, has hired two: Akshay Nagpal, associate general counsel of airline Indigo’s holding company, Interglobe Aviation Limited, is joining as a partner; HSK Legal founding partner Harish Kumar has joined as a partner designate.

L&L Partners - formerly known as Luthra & Luthra - Delhi corporate and M&A partner Anshul Jain has resigned from the firm and will leave later this month, we understand from sources.

Shardul Amarchand Mangaldas (SAM) Delhi disputes principal associate Omar Ahmad is joining Cyril Amarchand Mangaldas (CAM) as a salaried partner with a team of three associates.

Shardul Amarchand Mangaldas (SAM) has instituted a novel HR policy: fee-earners who leave the firm within the next seven months will have to repay the firm three months’ of their retainer fees.

Morgan Lewis Stamford has hired Simmons & Simmons of counsel and co-head of its India group Karun Cariappa as a corporate partner in Singapore, according to the firm’s press release.

Shardul Amarchand Mangaldas associate and NLSIU Bangalore 2015 graduate Tarun Krishnakumar has been selected as one of Mozilla’s latest batch of 26 global fellows in “openness, science and tech policy”, spending up to a year “creating a more secure, inclusive and decentralised internet”, according to an announcement from the non-profit organisation most famous for open source initiatives such as the Mozilla Firefox browser.

The six-year-old technology and corporate law firm TRA Law, co-founded by partners Anirudh Rastogi and Jitender Tanikella, has dissolved.

“Engineering company Greaves Cotton Ltd said on Wednesday it has signed definitive agreements to acquire a majority stake in electric two-wheeler maker Ampere Vehicles Pvt. Ltd. Mumbai-headquartered Greaves Cotton will initially acquire 67% of Coimbatore-based Ampere for Rs 77 crore. It may buy another 13% for Rs 75.5 crore after three years, it said in a stock-exchange filing.” reported VCCircle.

“Wipro has won its largest information technology (IT) outsourcing contract, valued at $1.6bn over 10 years from Alight Solutions, the former benefits administration and human-resources outsourcing business of Aon,” reported Mint.

Varde Partners and Aditya Birla Capital have announced a 50:50 joint venture to invest in distressed assets in India, reported Mint and others, initially investing Rs 100 crore of capital in the company. Trilegal acted for Varde Partners , led by partner Yogesh Singh , counsel Ankush Goyal , senior ...

Shardul Amarchand Mangaldas (SAM) corporate communications senior manager, Rahul Gossain, has joined Cyril Amarchand Mangaldas (CAM) as its Delhi-based national marketing communications head.

Colgate-Palmolive, via its Hong Kong arm, has made its first India venture capital (VC) investment, with an Rs 18 crore ($2.6m) buy of 14% in men’s grooming firm Bombay Shaving Company, reported the Economic Times . Rajaram Legal advised Bombay Shaving Company led by managing partner Archana Rajaram...

Billionaire ‘oracle’ Warren Buffett’s US-based investment fund Berkshire Hathaway is due to buy a $300-350m stake in One97 Communications, which owns Indian payment gateway Paytm, reported Mint . This would be Buffett’s first India investment, valuing the company at around $10-12bn. According to sou...

The Kolkata-based firm Fox & Mandal LLP has promoted 7 of its lawyers to partnership, growing its total partnership to 12, with nearly 60 fee-earners across its four offices.

DMD Advocates has promoted five of its senior associates to principal associate level: Divya Bhalla, Mrunal Parekh, Rahul Sateeja, Raja Kishore and Rohit Garg. Another four associates were promoted to senior associate level. Mumbai-based co-founder and managing partner Fereshte D Sethna said in a pr...