Corporate
Cyril Amarchand hires AZB HR head Kiran Patheja as chief in-house head-hunter
Cyril Amarchand Mangaldas has hired AZB & Partners’ Mumbai HR head Kiran Patheja for its HR function, as head of talent acquisition, reported Bar & Bench.
B4U GC Natasha Fernandes: Navigating corporate is easy but paying twice for TV content, with limited ad revenue, is not
For B4U Television’s director and head legal Natasha Fernandes, sustaining a small TV and movie distribution company’s business in the face of a regulatory threat to its main revenue model – advertisements – is the biggest challenge.
SILF tries to figure out response to foreign firms: Lalit Bhasin doesn’t want ‘evasive answers’ from members
The Society of Indian Law Firms (Silf) is not yet sure how to deal with the government’s surprise rule change that might see foreign law firms open up in special economic zones (SEZs) such as the Gujarat International Financial Tec-City (GIFT).
Link Legal India Law Services adds 36th partner after merger with DH Law
Link Legal India Law Services (LL-ILS), which merged with DH Law Associates in December to form a 155-lawyer firm with a partnership of 35, has added Rajdeep Choudhury as an associate partner in its project claims practice.
HSA adds principal associate designation as grooming rung, adds Reliance in-houser Kunal Rajpal, will promote more
HSA Advocates has added the principal associate (PA) designation as the seventh rung to its career ladder ending in equity partnership. Former Reliance ADA Group in house lawyer Kunal Rajpal has joined the firm as its first principal associate.
Will foreign law firms open first in SEZs (and GIFT)? Not yet, but gov’t paves a way with rule change
As first reported by Live Law this week, the ministry of commerce and industry, which has been spearheading the government’s efforts to liberalise the legal market, alongside the law ministry, has revoked a ban on the practice of law from special economic zones (SEZs), by issuing a notification in the Gazette of India amending the Special Economic Rules governing Special Economic Zones on 3 January 2017.
ANM hires Citi litigator to start finance • Opens 6th office in Andheri for media, entertainment
ANM Global, which had been set up in 2009 by Nidish Mehrotra and Anuj Gupta, has hired Citi vice president Binay Kumar Mishra as a senior partner to head the firm’s banking and finance practice from Mumbai.
Ex-Milbank Singapore’s Sanjeet Malik resurfaces after 4 years: Joins Samvad Delhi
Former Milbank Tweet Hadley & McCloy counsel Sanjeet Malik has joined Samvad Partners in Delhi, reported Bar & Bench.
Now 16 partners: IndusLaw ramps up lit, snares SAM PA Sandeep Grover as partner
IndusLaw has hired Sandeep Grover as a partner in litigation from Shardul Amarchand Mangaldas, where he was a principal associate in Delhi.
2016 sets M&A record: Cyril, AZB top league table by mile, ahead of Khaitan, Shardul • Luthra fails to capitalise
Cyril Amarchand Mangaldas has acted on $40.4bn worth of mergers and acquisition in the 2016 calendar year, according to researcher mergermarket, with AZB & Partners having recorded $30.1bn of M&A deals in the same period.
Indus, Luthra on $103m Altico Capital infusion in Vatika
“Gurgaon-based developer Vatika Group on Friday secured Rs 700 crore funding from Altico Capital and has closed the first tranche of Rs 475 crore,” reported Mint.
SNG expands into stressed assets Bankruptcy Code work with ex-Edelweiss hire
Mumbai-headquartered SNG & Partners has started a stressed asset resolution practice by hiring Kishore Srinivasan, who had been working at Edelweiss Alternative Assets Advisors as executive vice president until January 2015 from 2010, reported VCCircle (paywalled).
$70m PropTiger, Housing.com merger: Indus, SAM, AZB, Khaitan, NDA + 3 foreigns lead
News Corp-backed real estate portal PropTiger said on Tuesday that Mumbai-based Housing.com will merge with it in an all stock deal, and that it will receive $50 million in fresh funds from News Corp.’s REA Group Ltd and $5 million from SoftBank Group.
Clove Legal, Singhania on EcoCentric Management infusion
“EcoCentric Management Pvt Ltd (ECMPL), a Mumbai-based e-waste management firm, has raised its first round of growth capital from a couple of high net worth individuals (HNIs). The funding will be utilized to increase capacity and expand its reach pan-India,” reported Enablers Investment.
NLS ‘04 grad Sinjini Saha gets partner at white shoe firm Cadwalader, London
Cadwalader Wickersham & Taft special counsel Sinjini Saha, who is a 2004 graduate of NLSIU Bangalore, has been promoted to the US law firm’s partnership in London.
Trilegal, JSA on $125m IFC funding in Hero Future Energies
“International Finance Corp (IFC), the private sector investment arm of World Bank, on Thursday said it has invested $125m in Hero Future Energies, the renewable energy arm of the Hero Group, for an undisclosed equity stake.
MoFo elects DU grad Amit Kataria to partner in Hong Kong
Delhi University 2004 graduate Amit Kataria has been elected to Morrison & Foerster’s partnership in Hong Kong, as part of a round of promotions to new partners.
HSA nabs JSA new Mumbai PA Shahen Pradhan as disputes associate partner
HSA Advocates has hired Shahen N Pradhan as associate partner in Mumbai from J Sagar Associates (JSA), where he was a principal associate specialising in dispute resolution.
Rohit Tandon bail hearing continued on 7 Jan • Mohit Mathur briefed, Rebecca John acts for Cal builder
A Delhi sessions court has yesterday declined to grant bail for now to T&T Law managing partner Rohit Tandon, who was arrested last week and stands accused as one of the main conspirators in trying to launder Rs 60 crore in demonetised cash, according to the Hindustan Times and the PTI.
Juris Corp loses partner Jeet Sen Gupta to ELP alma mater start-up Vertices
