Corporate

Shuva continues building Tata in-house empire: 1 from Intel, 1 from Piramal, 1 from SAM

Intel senior attorney Poornima Sampath (NLSIU Bangalore 2002), Piramal Bain’s former head legal Supriya Bhardwaj (GLC Mumbai 2004) and Shardul Amarchand Mangaldas principal associate Sayak Maity have joined Tata Sons, reported Bar & Bench.

The K Law 7 decide to jointly go it alone, start Anoma Legal with teams, APs in 3 cities

The seven K Law partners whom we reported last month to have been negotiating their exits, have jointly started law firm Anoma Legal Advocates, with offices in Mumbai, Delhi and Bangalore.

ELP adds Khaitan BD director Ashutosh Gupta, Tata Power strategy head Karishma Maniar for strategy, defense, aerospace

Economic Laws Practice (ELP) has added former Tata Power head of strategy and contracts Karishma Maniar as an associate director in its defense and aerospace practice, and former Delhi-based Khaitan & Co business development director Ashutosh Gupta as partner, strategy and planning.

Ex-K start-up Spice Route Legal follows the work, opens Kerala trading post

Former K Law Mumbai partner Praveen Raju’s two year old Bangalore start-up Spice Route Legal, which he started up with former Kochhar & Co Singapore partner Mathew Chacko, has opened an office in Kochi.

AZB, Khaitan, SAM, double-Trilegal, ELP, 2 foreigns on $2.1bn Schneider mega sale to Larsen & Toubro [Update-2]

“Larsen & Toubro, India’s largest engineering and construction company, will sell its electrical and automation business to European multinational Schneider Electric for Rs14,000 crore. This is part of L&T’s stated move to prune non-core businesses. The deal is subject to receiving regulat...

JSA, Wadia + 4 foreigns advise Noida-based digital publisher on $12.3m buy of Tata Industries e-learning solutions unit

Noida-based listed publishing technology and services company, MPS has entered into a definitive agreement to acquire the e-learning business of Tata Industries, Tata Interactive Systems India along with its wholly-owned Swiss and German subsidiaries, Tata Interactive Systems AG and Tata Interactive...

Dua promotes 7, grows to 67 partners

Dua Associates has promoted seven to partner, according to Bar & Bench.

  • Ashish Singh
  • Punish Arora
  • Shradha Dubey
  • Ritu Singh
  • Ami Ranjan
  • Vas Dev Gulwani
  • Pramod Gharge

With this the total number of partners at Dua Associates now stands at 67.

64% of Samvad partnership now women: Promotes counsel Aparna Ravi, Khyati Sanghvi

Samvad Partners has promoted counsel Aparna Ravi in Bangalore and Khyati Sanghvi in Mumbai to partner, increasing its partnership strength to 14.

Mammoth telecom tower deal: Bharti Infratel - Indus Towers mega merger to create $14.6bn pan-India tower giant • AZB for Bharti, S&R, Slaughter for Voda, Bharucha for Idea

Sunil Mittal-led mobile infrastructure major Bharti Infratel has announced the merger with Indus Towers to create a combined entity with an equity value of Rs 96,500 crores ($14.6bn), making it the world’s second largest telecom tower company after Beijing-owned China Tower, with more than 163,000 towers and having presence in all the 22 circles in India, reported Business Standard and Mint.

SAM, DSK act on Brookfields’ $359m Equinox BKC office space buy from Essar

Brookfield Group acquired leasable office space in Mumbai from the Essar Group for Rs 2400 crore. The Equinox Business Park property bought by Brookfield Strategic Real Estate Partners II is located across 4 towers in Mumbai’s Bandra Kurla Complex, and measures approximately 1.25m sq ft, as reported...

Wadia Ghandy Delhi head Kunal Vajani becomes independent counsel, possible barristry-style chamber

Wadia Ghandy partner Kunal Vajani, who has been heading its Delhi office, has started up an independent chambers to focus purely on disputes, with an eye to build a UK-style barristers chambers practice.

Bangladesh deal: AZB helps Jubilant Foodworks JV to launch Domino’s Pizza in Bangladesh

Jubilant FoodWorks has entered into a joint venture agreement with Golden Harvest QSR, a subsidiary of Golden Harvest Agro Industries to launch the world’s largest pizza chain, Domino’s Pizza in Bangladesh, as reported by The Economic Times and Mint . Post the investment, Jubilant Foodworks will be ...

Magnah Law started in Bangalore by Khaitan partner Nalini Mayegowda + 3 from Tatva

Khaitan & Co Bangalore partner Nalina Mayegowda, who had left in late March, and Tatva Legal partners Raghunath Ananthapur, R Vasudev, and Raghavi BS have together set up new Bangalore-based firm Magnah Law Partners, reported Bar & Bench.

Shardul Amarchand long-time Delhi star equity partner Akila Agrawal resigns

Shardul Amarchand Mangaldas (SAM) long-time partner Akila Agrawal has resigned from the firm, according to authoritative sources.

AZB advises PE giant KKR on $62m stake sale in Coffee Day Enterprises

Global private equity major, KKR and its affiliate KKR Mauritius PE Investments, has sold around 6% of its stake in Coffee Day Enterprises, which operates the popular coffee retail chain Café Coffee Day for Rs 405 crores (around $62m) through open market transactions, reported VC Circle and The Econ...

JSA, Rajaram on Ola’s $25m buy of ticketing app Ridlr

Cab hailing major Ola has acquired Mumbai based ticketing and commuting app, Ridlr for an estimated Rs 163 crores (around $25m) as a move to digitize public transportation, reported The Economic Times . This would also mark as the second major acquisition by Ola, after the buy of Foodpanda for an ap...

Rajaram for Omidyar, Samvad for fin-tech startup Kaleidofin, in $2.8m seed funding

Chennai-based financial technology startup, Kaleidofin, has raised Rs 18 crores ($2.8m) in a seed funding round led by impact investing firm Omidyar Network, along with participation from Blume Ventures and Israeli serial entrepreneur and investor Professor Shlomo Ben-Haim, as reported by MoneyContr...

Juice wars: ITC revises BNatural ad ‘disparaging’ concentrate, following suit from PepsiCo India’s Tropicana

“ITC Ltd on Monday agreed to remove all references to PepsiCo’s Tropicana brand from an advertisement campaign for its juice brand BNatural,” reported Mint . The suit was filed by PepsiCo India against consumer goods major ITC on the ground that its recent advertisement campaign which specifically t...

SAM, Indus, Themis, ‘Sheds on Paytm $25m buy in Nearbuy-Little Internet; JSA, Winston US for Groupon

Online payment and e-commerce platform, Paytm has made a strategic investment in the resultant joint entity of hyper local deals discovery platforms Nearbuy and Little Internet by infusing fresh funds of over Rs 162 crores ($25m) and acquiring a majority stake of 51%, reported The Economic Times and Mint. The merged entity expected to be valued over $100m and hold a market share of 88%, is said to have been arranged by Paytm as a strategic move to provide their merchant partners an opportunity to offer deals to acquire new customers and grow their business.

Breaking: K Law to see 7 partners exit across 3 cities, possibly with entrepreneurial ambitions • Firm recruiting into 50% gap

K Law will be losing five of its partners in Mumbai, and one partner each in Delhi and Bangalore.