Corporate
Desai & Diwanji tries capital markets yet again with ex-Rajani senior partner Sanjay Israni

The new Khaitan & Khaitan strategy, rising from Khaitan Sud ashes with shiny old Trilegal office

AZB for Tatas, CAM for Welspun on $1.5bn solar power assets sale
Cyril Amarchand Mangaldas Mumbai projects partner L Viswanathan and corporate partner Jaya Singhania advised Welspun Energy on selling the assets of Welspun Renewable Energy to Tata Power, which was advised by AZB & Partners partner Shameek Chaudhuri.
ELP managing partner Rohan Shah to leave firm, to take the black as counsel

ELP, Nuvo Juris on Ecap investment in BRIDGEi2i
Economic Laws Practice advised Edelweiss’ private equity arm Ecap Equities on its investment in BRIDGEi2i Analytics Solutions (BAS) which was advised by Nuvo Juris.
The Law Point takes bigger office space in Nariman Point
Mumbai-based disputes firm The Law Point relocated to Nariman Point and a bigger space.
S&R promotes 3 to partner (NLS, Nalsar, ILS): Now has 50% female partnership [UPDATE-1]
S&R Associates has promoted three to partner.
Luthra to open in Hyderabad proper with Tatva partner Durga Bose Gandham
Luthra & Luthra will open an office in Hyderabad with local Tatva Legal partner Durga Bose Gandham, according to three sources with knowledge of the development.
Khaitan & Co's Paku Khan to move to USA to build firm's anti-trust, BD there [UPDATE-1]
Khaitan & Co competition law executive director Paku Khan will relocate to San Francisco in the US
Nanavati, The Law and Options on Siddha Gas Hexagon JV
Nanavati & Nanavati Advocates advised gas industry components maker Siddha Gas Technik on its joint venture with Norwegian company Hexagon Composites which was advised by The Law and Options.
CAM, Dr Behrooz Akhlaghi acts on historic, strategic Indo-Iranian Chabahar port project
Cyril Amarchand Mangaldas (CAM) and Dr Behrooz Akhlaghi & Associates advised India Ports Global and India’s shipping ministry on setting up a company in Iran to run the Chabahar port.
It's done: Zia Mody confirms Ashwath Rau joined AZB from CAM today [UPDATE-1: With PR & Rau comment]

SAM Mumbai, AZB, BMR on $94m Sumitomo share sale to Excel Crop Care
Shardul Amarchand Mangaldas (SAM) advised Japanese conglomerate Sumitomo Corp on its Rs 623.44 crore ($93m) buy of 44.98 per cent stake in Excel Crop Care which was advised by AZB & Partners.
Cyril Amarchand Mumbai promotes 3 to partner, 2 to partner designate (2 in corp, 1 each in competition, real estate, disputes)

Ex-Amarchand partner Aysswarya Murthi to head up Nishith Desai California presence
Nishith Desai Associates has expanded its Palo Alto presence with the hire of Aysswarya Murthi, who had been promoted to erstwhile Amarchand Mangaldas’ Mumbai partnership in 2012 before joining US firm Reed Smith’s Silicon Valley office in October 2015.
Link Legal, SAM, Themis, Trilegal, Jones Day on $15m 1MG funding from Maverick & others
Link Legal advised digital healthcare platform 1MG Technologies on raising Rs 100 crore ($15m) from Maverick Capital Ventures which was advised by Shardul Amarchand Mangaldas (SAM) and Jones Day. Existing investors also participating in the round were Sequoia Capital which was advised by Themis Associates, Omidyar Network which was advised by Trilegal, and Dumac.
AZB's Percy Billimoria, CAM's Ashwath Rau to swap firms from tomorrow, getting some of the shortest notice periods in BigLaw history
Cyril Amarchand Mangaldas (CAM) Mumbai star corporate partner Ashwath Rau and AZB & Partners Delhi senior partner Percy Billimoria have both served out their notice period in record time, with today being the last day at their respective firms until they swap firms later this week.
Unexpected last day today for 25 Ashwath fee-earners, partners at CAM, as AZB releases 6 of Percy's early
Around 25 fee-earners in the team of Ashwath Rau, who is set to join AZB & Partners Mumbai office with at least three partners, have been told that today will be their last day in the office, according to reliable sources.
Khaitan, JSA on $4m RPG Lifesciences biotech unit sale to Intas
Khaitan & Co advised Mumbai-based RPG Life Sciences on the Rs 25 crore ($3.7m) sale of its biotech unit to Intas Pharmaceuticals which was advised by J Sagar Associates (JSA).
Clasis adds NLU Jodhpur alum Jaideep Singh as Delhi disputes associate partner
Clasis Law added independent litigator Jaideep Singh as an associate partner in its Delhi office in April. Singh specialises in disputes.