K Law Delhi partner Gautham Srinivas will join Khaitan & Co in Delhi as a capital markets partner.

“Flipkart Ltd has acquired Jabong through its unit Myntra in a cut-price deal that values the online fashion store at $70 million, moving to preserve its position as India’s No.1 e-commerce marketplace in the face of an onslaught by Amazon India,” reported Mint.

Shardul Amarchand Mangaldas (SAM) technology, media and telecommunications (TMT) partner Asim Abbas, who had joined the firm a year ago, will join Cyril Amarchand Mangaldas (CAM).

Cyril Amarchand Mangaldas has continued rebuilding its competition team, ahead of the impending departure of competition head Nisha Kaur Uberoi, with the hire of Khaitan & Co principal associate Anshuman Sakle as a partner.

“With non performing assets-saddled banks trying to raise money from sale of non-core assets, global credit information company TransUnion has raised its stake in its Indian subsidiary Cibil to 77.1% by buying out ICICI Bank and Bank of Baroda’s holding in it.” reported Mint.

Dhir & Dhir Associates has hired as its Hyderabad head Kochhar & Co’s former local partner Siva K Gopinatham with a team of three associates, who had joined the firm in 2010 from Singhania & Partners but left several years later.

“Pradyuman Dubey, who had left Luthra & Luthra in 2011, has rejoined the firm as a Partner in the firm’s Litigation practice group confirmed Senior Partner Mohit Saraf,” reported Bar & Bench.

Cyril Amarchand Mangaldas (CAM) Mumbai partner Anshuman Jaiswal, who handles corporate and also heads up knowledge management, is moving back to Hyderabad, folllowing office head Rahul Sarella having left a month ago.

“Sajjan Jindal-controlled JSW Energy has agreed to acquire a 500 MW thermal power plant located in Madhya Pradesh from Jaiprakash Power Ventures for an enterprise value of ₹2,700 crore in an all-cash deal.” (Hindu Businessline)

International firm Ashurst’s local best friend Indian Law Partners (ILP) has hired sports and media lawyer Kiran Desai in Mumbai to head up its intellectual property, media, entertainment and sports law practice.

Luthra & Luthra has come out as possibly the first Indian law firm to publicly announce the names of its new partners, partner designates, managing associates and senior associates (57 names, all in all).

Cyril Amarchand Mangaldas Mumbai partner Vijayendra Pratap Singh will join AZB & Partners Delhi, Singh has officially confirmed.

AZB & Partners has promoted five to partner in Delhi.

Link Legal India Law Services has hired two lateral partners, with Harish Kumar joining from DMD Advocates, and Shubha Karra joining from Argus Partners.

Cyril Amarchand Mangaldas has hired AZB & Partners litigation partner Sidhartha Barua as a litigation partner in Delhi with seven AZB fee-earners.

Luthra & Luthra has hired Samvad Partners corporate partner Apurva Jayant in Mumbai, Bar & Bench has reported.

Luthra & Luthra has promoted 6 to its partnership, and eight to partner designate level.

Cyril Amarchand Mangaldas partner VP Singh may join AZB & Partners.

Shardul Amarchand Mangaldas has promoted 16 to its partnership, and internally announced the promotion of ex-Cognizant Anand Bhushan that was first reported by us on 4 July.

“Canadian billionaire Prem Watsa’s Fairfax India Holdings Corp. … said it had agreed to acquire a 51% stake in Privi Organics Ltd for about Rs 370 crore. Privi Organics is a supplier of aroma chemicals to many large fragrance and consumer goods companies globally.” reported Mint.