Corporate
Khaitan Delhi, Samvad on $30m Fosun funding in Delhivery
“E-commerce logistics services provider Delhivery has raised $30 million from Chinese conglomerate Fosun International. This additional investment is a part of the $100 Mn funding the company raised in March from The Carlyle Group, as indicated by ETTech. The company currently services 800 cities, 9000 pin codes with a network of 12 fulfilment centres. Delhivery claims it fulfils 10 million shipments a month,” reported Medianama.
Ex-HSA Sakya Chaudhuri & others explain how their start-up chamber-style regs practice Neeti Niyaman will work
Former HSA Advocates partners Sakya Chaudhuri, Avijeet Lala and Anand Shrivastava’s regulatory, disputes and real estate practice Neeti Niyaman, which they started up in April after leaving HSA last month with two partners and eight lawyers, has now grown to a total headcount of 13, after picking up another two associates from firms other than HSA.
Trilegal Delhi’s Sitesh Mukherjee moves to fill gap, after Cyril Amarchand poaches sole Mumbai partner Faraz Alam Sagar
Trilegal partner Faraz Alam Sagar, who had joined from Economic Laws Practice (ELP) as the firm’s first litigation partner in Mumbai, is set to join Cyril Amarchand Mangaldas.
JSA bolsters banking partnership with Cyril Amarchand PA Tirthankar Datta
Cyril Amarchand Mangaldas principal associate Tirthankar Datta will join J Sagar Associates (JSA) some time next month as a retained partner in its banking team, we understand from sources.
S&R, CAM on biggest logistics PE as CPPIB, IndoSpace form $1.3bn Indo-Canadian JV
“In the largest private equity deal in the logistics space, the Canadian pension fund manager Canada Pension Plan Investment Board (CPPIB) and IndoSpace, promoted by PE firm Everstone and US-based Realterm, have entered into a three-step deal which would entail an investment of $1.3 billion (Rs 8,320 crore), most of which will come from the CPPIB,” reported Business Standard
NLSIU 2002 grad Ramya (Seetharaman) Tiller makes ultra-tough Debevoise equity partnership in New York
Ramya S Tiller (formerly Ramya Seetharaman when at NLSIU Bangalore until 2002), has been promoted to US international firm _Debevoise & Plimpton_’s partnership in New York alongside three other partners in New York, and three in global offices.
Indus, Shah & Singhvi on $11.5m Zee buy in Margo
“Media baron Subash Chandra-led Zee Entertainment Enterprises Ltd has decided to acquire an 80% stake in tech startup Margo Networks Pvt. Ltd for Rs 75 crore ($11.5 million),” reported VC Circle.
Lawyer sends defamation notice to HT for reporting that expensive senior advocates appeared for his public sector client
Advocate Kartik Seth warned the Hindustan Times (HT) of criminal defamation charges that he would press against the newspaper for reporting that a battery of expensive senior advocates had been briefed in the case of Seth’s client, who is a government employee.
Luthra nabs young Shardul Amarchand litigation partner Akhil Anand
Recently promoted Shardul Amarchand Mangaldas (SAM) Delhi disputes partner Akhil Anand will be joining Luthra & Luthra, according to authoritative sources.
Survey: 9 out of 10 GCs want foreign law firms to enter, and most think foreign lawyers are better than domestic ones
General Counsel (GC) from 87 Indian companies would mostly like foreign law firms (FLFs) to come into India, but fewer than half of them would prefer giving their business to the FLFs, even though a majority of them find that the FLFs are generally more competent than Indian law firms.
Link Legal ex-PA Milind Jha returns as AP after two years at K Law after Sawhney move
Link Legal India Law Services has re-hired Milind Jha as associate partner in Delhi after he’d spent two years at K Law, most recently as an associate partner.
Indus adds ex-Inno GC Karthik BM and ex-K Law Deepak Chowdhury as Southern partners
IndusLaw added former in-house counsel Karthik BM as partner in Bangalore and former K Law associate partner Deepak Chowdhury as partner in Hyderabad.
Amity student’s 2015 landmark victory against fairness cream maker undone by Delhi consumer forum
Amity Law School Noida student Paras Jain’s November 2015 win against cosmetic company Emami was turned around by the Delhi state consumer commission, which has sent his case back to the lower rung for fresh hearing.
Ex-CAMers Srinivas Kilambi, Raghuram Raju (re)-unite to start fintec, corp firm Mandalā
Former Cyril Amarchand Mangaldas (CAM) Delhi partner Raghuram Raju, who left the firm to set up his own finance and M&A practice in October 2016, has rebranded it as Mandalā Law Offices after former CAM Delhi partner Srinivas Kilambi joined Raju as a partner on 1 April.
In-house interview: Airtel GC Sameer Chugh on call drops, Jio competition, cross-border risks, and how he picks his lawyers
Bharti Airtel’s director legal Sameer Chugh leads, in his words, a “fast-paced” industry.
ILP with bestie Ashurst & Chennai’s IPN on Kia’s MOU to set up Rs 10,300 cr car plant in AP
dated: now“Kia Motors, a minority-owned subsidiary of Korean auto major Hyundai Motor Company, is likely to set up a manufacturing facilty in Andhra Pradesh with an investment worth Rs 10,300 crore. The car manufacturing facility, a first for Andhra Pradesh, will involve two phases with a cumulative investment of $1.6 billion, or Rs 10,300 crore, with first phase of investment amounting to about Rs 6,000 crore,” reported the Hindustan Times.
Pamasis wins Bom HC release of Sarkar 3 after court rules the movie a ‘sequel’ not a ‘remake’ in rights dispute [READ ORDER]
Pamasis Law Chambers won for the producers of Hindi movie Sarkar 3 in the Bombay high court under Justice Gautam Patel, who ruled against granting an injunction over the movie’s release.
AZB & Partners Delhi promotes 7 corporate partners (most from non-NLUs)
AZB & Partners Delhi office, following Mumbai’s promotion of a total of seven in the last two months, has also promoted seven of its lawyers to partner rank.
Link Legal ILS adds a partner to Hyderabad office, after seeing revamped biz opportunity
Link Legal India Law Services (LLILS) now has a partner heading the Hyderabad office locally, having added company secretary (CS) Y Sriniwas Arun five years after its former Hyderabad partner V Akshay Babu left the firm.
Old-school Calcutta partner Niloy Pyne joins passport specialists VFS in Dubai as group GC
/images/uploads/20170508-113211_200.jpg
Former Kolkata-based Lakshmikumaran & Sridharan (LKS) and Amarchand Mangaldas partner Niloy Pyne, who joined to US based consulting firm Barret & Averro in 2015, has joined the VFS Global Group as its group general counsel (GC).