Corporate

Khaitan bolsters IP with counsel Samuel Niranjan from K&S partnership

K&S Partners Gurgaon partner Samuel Niranjan joined Khaitan & Co in Bangalore as a counsel in its intellectual property practice.

Khaitan for Aircel, JSA for R-COM in complex telecom mega-merger with CAM, foreigns

“Anil Ambani-controlled Reliance Communications Ltd (R-Com) has signed a definitive agreement to merge its wireless business with smaller rival Aircel Ltd to create India’s third largest telecom operator by users,” reported Mint.

NLS grad Kirti Ram Hariharan gets bump to GC at Baring PE Asia

Singapore-based Baring Private Equity Asia deputy general counsel Kirti Ram Hariharan has been promoted to general counsel transactions at the company last month.

Samvad, K Law act on Polish-Indian language company JV

India-based language service provider Mayflower Language Services has entered into a joint venture with Polish language services provider Summa Linguae, which will see both companies take 25% minority stakes in each other. to “generate cost and revenue synergies” and “expand their existing range of services in new language pairs” to “cater to clients with more complex needs and higher expectations”, according to a company press release.

CloveLegal, DMD, Ropes & Gray, Carle Mackie Power and Ross on IQR Consulting acquisition

CloveLegal and _Carle, Mackie, Power and Ross_ advised IQR Consulting on its acquisition by ExlService Holdings which was advised by DMD Advocates and Ropes & Gray. Clove partner Dharmesh Kotadia and associates Nupur Rustagi and Akshat Shrivastava, and Carle partner Simon Inman and Kathryn Andr...

Ex-Amarchand private client director, start-up founder Mugdha Sahal joins wealth manager

Former Amarchand Mangaldas private client practice (PCP) director Mugdha Sahal, who had started her own practice Metasis Legal two years ago, has joined Sanctum Wealth Management as head of wealth planning in Mumbai, according to a press release.

IL&FS’ Damini Marwah to join Axis Bank as GC

IL&FS Financial Services legal head and general counsel (GC) Damini Marwah has quit, VCCircle first reported today, with Bar & Bench reporting today that she has joined Axis Bank as its general counsel to replace TS Asokraj who is retiring.

$2.4bn Birla-Ultratech CCI clearance follows Uberoi from CAM to AZB

Aditya Birla cement competition mandate goes to AZB
Aditya Birla cement competition mandate goes to AZB
AZB & Partners recent lateral partner Nisha Kaur Uberoi has on 8 August obtained phase 1 merger clearance from the Competition Commission of India (CCI) for Ultratech Cement’s Rs 16,189 crore ($2.4bn) acquisition of the cement assets of the Jaypee Group.

Raghuram Raju, Harry Chawla, Niti Paul to leave CAM Delhi

Chawla (l) and Raju to leave
Chawla (l) and Raju to leave
Three Cyril Amarchand Mangaldas (CAM) Delhi partners will be leaving the firm, according to multiple authoritative sources.

CAM, NDA on $20m Ambit Pragma investment in Prime Focus

Cyril Amarchand Mangaldas (CAM) advised Prime Focus Technologies and Prime Focus whereby on Ambit Pragma Fund II’s investment into Prime Focus Technologies. Ambit was advised by Nishit Desai Associates. CAM Mumbai corporate partner Ravi Kumar acted for Prime. NDA’s Huzefa Tavawalla and Nikhil Joseph...

AZB, SAM bag record $347m Piramal-Lodha debt finance deal

“Piramal Fund Management Pvt. Ltd will invest Rs 2,320 crore in Lodha Developers Pvt. Ltd’s signature World Towers project in central Mumbai, it what is probably the single largest debt financing deal in Indian real estate. A part of this money will be used to repay debt and the remaining will be used to complete construction of the project.”

Zia family‘s Delta Corp buys online poker site Adda52 for $27m • AZB, Khaitan Co, Gaggar advise

“In what could be termed as the biggest news in the gaming industry this year, Delta Corp Ltd., India’s largest gaming and hospitality company announced its foray into the online gaming space in a regulatory filing to the stock exchanges. In its note to the stock exchanges and shareholders, Delta Corp informed its intention to acquire 26% shares in Gauss Networks Pvt. Ltd., the holding company which owns and operates Adda52.com and is saide to be the market leader in the online poker space in India,” reported gaming industry law blog GLaws.

K Law hires 2nd projects lateral partner, with CAM sr associate Sharad Joshi

K Law has hired Cyril Amarchand Mangaldas Delhi senior associate Sharad Joshi as an associate partner in Mumbai.

Cyril Amarchand, Luthra help Sony buy TEN Sports from Zee for $385m

“Zee Entertainment Enterprises Ltd (ZEEL) on Wednesday announced the sale of its sports network TEN Sports to Sony Pictures Network (SPN) in an all cash deal for $385 million,” reported Mint.

DMD (Dutt Menon) promotes Anish Kapur to partnership in Delhi

DMD Advocates, the firm formerly known as Dutt Menon Dunmorrsett, has just promoted 2005 Delhi University graudate Anish Kapur to its partnership.

HSA hires what's left of ex-merger partner PKA (Paras Kuhad) Mumbai to boost litigation practice there [UPDATE-1]

Jajoo (r) and Gandhi
Jajoo (r) and Gandhi
and Gandhi”)PKA Advocates litigation partner Amit Jajoo, associate partner Sushmita Gandhi and three lawyers are joining HSA Advocates in Mumbai.

Cyril Amarchand corp partner Gurpreet Vasir Ashar to leave

Cyril Amarchand Mangaldas (CAM) Mumbai corporate partner Gurpreet Vasir Ashar has resigned.

Cyril Amarchand partner Ipsita Dutta leaves, to go to Morgan Stanley

Cyril Amarchand Mangaldas (CAM) Mumbai financial regulatory partner Ipsita Dutta has left the firm, according to authoritative sources, and is understood to be joining Morgan Stanley as an executive director in the legal department.

Cyril Amarchand advises Snapdeal in GoJavas sale talks

“Courier service provider Pigeon Express Pvt. Ltd is in advanced talks to acquire e-commerce focused logistics service provider GoJavas (Quickdel Logistics Pvt. Ltd), which suspended operations last week amid an organisational overhaul, in a cash and stock deal, said two people aware of the development,” reported Mint and others earlier this month.

Liberalisation: Silf submits 52-page vision about how legal market should open in phases

The Society of Indian Law Firms (Silf) has sent its notes to the commerce ministry in the latest stage of the liberalisation talks.