Corporate
Luthra partner, HSF-lateral Rajesh Chavda leaves for GC-role after 18 months
Luthra & Luthra Delhi projects partner Rajesh Chavda has left the firm.
Kochhar Dubai adds UAE-based India qualified lawyer as partner
Kochhar & Co has added Gulf-based lawyer Nikhat Sardar Khan as a partner in its Dubai office.
Link Legal India Law Services promotes two CLC 2007 alum to partner
Link Legal India Law Services promoted Delhi University 2007 graduates Abhishek Sharma and Sarojanand Jha from associate to associate partner.
Apollo Tyres GC Atulya Sharma joins HSA as partner
HSA Advocates added former Apollo Tyres global chief legal counsel Atulya Sharma as a banking and finance partner, in Delhi.
ELP, Universal Legal on $9m HLE Engineers buy in Swiss Glascoat
HLE Engineers made an offer to buy a majority stake in Swiss Glascoat Equipments for $9.4m. Vivro Financial Services is the manager to the open offer, according to the Bombay Stock Exchange announcement.
Phoenix promotes Mumbai-Chennai Sriram Ramachandran (NUJS ‘07) to corp partner
Phoenix Legal has promoted Mumbai-and-Chennai-based corporate principal associate Sriram Ramachandran to its partnership, with effect from 1 November.
Fox Mandal wins for Lebara Foundation in Madras HC, against Poovayya for Google, YouTube
“Internet giants YouTube and Google are in a bind. The Madras high court has directed them to disclose details of a user (Marupakkam Seithigal) who posted a video that a private company (Lebara Foundation) termed defamatory,” reported the Times of India.
Kolkata (Khaitan, SAM) profit from $15m PE investment by Motilal Oswal in Ganesh Grains
“Motilal Oswal Private Equity (MOPE) managed India Business Excellence Fund – II and India Business Excellence Fund – IIA have agreed to invest Rs 100 crore to buy a minority stake in Kolkata based Ganesh Grains. The Kolkata based unlisted firm is engaged in the business of manufacturing and selling of branded food staple,” reported the Economic Times.
Tatas instruct Karanjawala, SAM’s Shuva • Cyrus Mistry goes for Desai Diwanji
Tata Sons’ former chairman Cyrus Mistry, who was unexpectedly fired from the organisation on Monday, has reportedly decided to approach the Bombay high court challenging his dismissal, although we understand that no case has been filed yet.
The Cyril Amarchand v Dorothy Thomas settlement: 30 days handover, 6 months non-solicit

NDA, O'Melveny, Gibson Dunn on $50m Emerald Media buy in YuppTV
“Emerald Media, a Pan-Asian platform established by leading global investment firm KKR for investing in the media and entertainment sector, acquired a significant minority stake in YuppTV for $50m. YuppTV is one of the world’s leading over-the-top (OTT) video platforms for South Asian content offering live TV, catch-up TV and movies on-demand in 14 languages across the globe,” reported Business Wire.
Link Legal grows to 8 finance partners by hiring AZB’s Ashutosh Narang
Link Legal India Law Services has hired AZB & Partners senior associate Ashutosh Narang as an associate partner in its Mumbai banking and finance team.
Indus, CAM on Canadian Solar buy in Suzlon solar projects
“Canadian Solar Inc. and China’s Unisun Energy Group bought 49 per cent stakes in solar projects being developed by Suzlon Energy,” reported Mint.
Link Legal India Law Services promotes NLIU 2005 alum Anurag Dwivedi to partner
Link Legal India Law Services (LLILS) promoted banking and finance associate partner Anurag Dwivedi to partner.
T&T founder Rohit Tandon declares Rs 125 crore to taxman after raids
T&T Law founder and managing partner Rohit Tandon has declared Rs 125 crore in unaccounted income to the tax department, after a raid on his residence and office around 6 October, we have learned from authoritative sources with knowledge of the matter.
S&R, Trilegal travel with MakeMyTrip on $720m Ibibo takeover
“Online travel firm MakeMyTrip Ltd has agreed to buy Ibibo Group’s travel business in India in an all-stock deal, creating the country’s largest online travel firm which, according to a note by Morgan Stanley, is worth $1.8 billion. The deal value wasn’t announced, but the $1.8 billion valuation and the fact that Ibibo’s owners, Naspers and Tencent, end up with a 40% stake in the merged entity, translate into a transaction worth $720 million. Naspers owns a third of Tencent, its most valuable investment.” reported Mint.
MDP & Partners adds Elara Capital GC Rakesh Puri as associate partner

DMD Advocates, AZB on $225m Fortis Healthcare acquisition in Fortis Hospotel
“Fortis Healthcare has completed the acquisition of 51 per cent stake in Fortis Hospotel Ltd and also acquired compulsorily convertible preference shares issued by Escort Heart Institute and Research Centre,” reported the Economic Times.
Dua continues steady expansion, adds 2 new partners in Chennai and Bangalore
Dua Associates has reabsorbed its former fee earner R Ganesh, in its Chennai office as partner in the firm, after Dua’s Chennai partner Aarthi Narayanan left to join Shardul Amarchand Mangaldas.
Kolkata gets HSA vote: Ex-Argus Ramya Hariharan, PKA head Prateek Ghosh to join
HSA Advocates will beef up its small Kolkata outpost with two partners: former Argus Partners co-founder Ramya Hariharan and Paras Kuhad Associates (PKA) litigation partner Prateek Ghosh, who heads up PKA’s office, we have confirmed from authoritative sources aware of their moves.