Corporate
Former GE Power GC Manjaree Chowdhary joins Maruti India as GC
Former GE Power South Asia general counsel (GC) Manjaree Chowdhary joined Maruti Suzuki India as a GC this month, according to her Linked-in profile.
Anand Desai interview: DSK plans big growth • Hires ex-CAMmer Padmini Rathore as CEO • To convert from eat-and-kill after two-year equity freeze
DSK Legal has hired former Cyril Amarchand Mangaldas director Padmini Rathore as its chief executive officer (CEO), in tandem to introducing a lot of internal changes targeting internal growth and a Bangalore office.
Jerome Merchant + P, Platinum on global ad giant GroupM acquisition of Indian creative agency The Glitch
AZB-Symbi ‘09, RML ’11 alums Kant, Kanha start-up Sequitur on back of Backpacker Panda $1.4m fundraise
Symbiosis Pune 2009 alumnus Utpal Kant and RMLNLU Lucknow 2011 alumnus Prashant Kanha started up corporate and litigation firm Sequitur in Noida this month, and helped Pune based backpacking hospitality platform Backpacker Panda raise $1.4m.
Who won the tough capital markets last year? Khaitan beats CAM to top spot, Luthra scores 3rd in IPO league table • CB got decimated
Khaitan & Co has filed more IPO drafts than any other firm in 2017 just ahead of Cyril Amarchand Mangaldas, in a market where downward pricing pressures have made it tough across the board.
AZB, Trilegal advise Ascendas on $84m sale, leaseback of 6 logistics warehouses with Arshiya
Alpha, Trilegal, Indus on $21m CDC investment in Asian Institute of Med Science
5 Indians make top 15 ranking of Asia’s hardest-working M&A partners (try nearly a deal per fortnight, natch)
Five Indian lawyers have made it into a top 15 list of partners across Asia, ranked by the number of deals they completed in 2017 according to database mergermarket, with two Shardul Amarchand Mangaldas partners making what nearly literally translates to a list of hardest working corporate partners in Asia.
IndusLaw, Nishith Desai debug $50m Series A by Accel in web testing platform Browserstack, with Irish, US firms
P&A, Gopal win Delhi HC support of Rs 3,500 cr Singapore ICC arbitration for Daiichi Sankyo vs DMD, Salve for Ranbaxy promoters
Luthra US JD litigator Abhishek Singh joins K Law as Delhi partner
Luthra & Luthra managing associate Abhishek Singh has joined K Law in Delhi as partner in its litigation practice.
Poovayya for Jupiter Capital open offer to buy BSE-listed NBFC TRC Financial Services for $924,000
Leading investment and financial services firm, Jupiter Capital has recently completed the acquisition of up to 33 lakh shares amounting to nearly 66% of BSE-listed non-banking financial company TRC Financial Services, by way of an open offer to the shareholders and contractual arrangements for an aggregate transaction value of Rs 5.92 crores (around $924,000). The offer price of the fully paid shares of TRC Financial Services was quoted at Rs 18 per share.
DSK, D&D Delhi, Goulds on healthcare services firm BR Life $31.2m buy of Odisha Kalinga Hospital
$300m fundraise: BigBasket shops with CAM Bangalore, Alibaba invests in Trilegal [UPDATE: Khaitan for Abraaj]
Cyril Amarchand Mangaldas (CAM) Bangalore-based partner Reeba Chacko led for BigBasket, with partner Akshay Bhat and principal associate S Harish. The firm also acted for the existing investors.
PSA hires Dua manager, Amity ‘07 grad Varun Kalsi as corporate partner • Dhruv Suri promoted last year
PSA, formerly Priti Suri & Associates, has hired Dua Associates Delhi-based manager Varun Kalsi as its third partner.
Diageo VP legal Nischal Hindia to leave drinks giant
Nischal Hindia, who had joined global liquor giant Diageo in 2013 as senior legal counsel from UBS India where he was country counsel, is set to leave the company, according to sources.
Delhi disputes boutique PSP Legal launches corporate, 5-years-in, with Gurgaon office
Five-year old Delhi-based dispute resolution boutique PSP Legal has branched out into corporate practice and opened an office in Gurgaon this week, having added former Clifford Chance Business Services senior manager Rajul Shrivastava as associate partner to head the new office and practice.
$200m investment: AZB orders off Zomato, Trilegal lifts for Alibaba’s Ant, JSA advises InfoEdge [UPDATE: SAM for Temasek]
Liberalisation case closed: Foreign lawyers finally more cautious • LCIA argued for allowing foreigners to arbitrate here • BCI says no (again)
The Supreme Court today finished hearing counsel in the Bar Council of India (BCI) petition against the practice of law by foreign lawyers in India, in a hearing that began in the morning and reconvened at 3pm to finish only by nearly 5:30pm.