Corporate

Advaita promotes 1 to principal-not-salary-partner in homegrown 8-step career ladder

Advaita Legal has promoted Shailendra Singh to the principal level, which is similar to a salaried partner and the fourth rung in the firm’s eight-level fee-earner designation structure.

SAM, Trilegal on $45m Black River Food PE in Future Consumer Enterprise

Shardul Amarchand Mangaldas advised Future Consumer Enterprise on Black River Food’s $45m investment in it. Black River Food was advised by Trilegal. SAM partners Kalpataru Tripathy and Abhishek Guha, senior associate Aditya Mehra and associates Roma A Das and Aditi Tralshawala acted for Future Cons...

Express: Choppergate lawyer Gautam Khaitan referred a client to Mossack Fonseca in completely unrelated & quite probably legitimate matter

OP Khaitan & Co managing partner Gautam Khaitan - who had spent more than three months in jail during the CBI’s AgustaWestland chopper scam investigation in late 2014 - had provided a reference for a client to work with the controversial Panama-headquartered law firm Mossack Fonseca, reported the Indian Express as part of its ongoing Panama Papers coverage.

Kanga acts on Zara's $4.5m annual rent lease of high-street space

Kanga & Co advised Sopariwala Exports on leasing to Spanish fashion chain Zara, 50,000 square feet of space – the largest space leased to date in India, to a foreign brand – in its Ismail building in South Mumbai’s Flora Fountain. The annual rent for the space is Rs 30 crore ($4.5m). Kanga seni...

In-house teams to spend less on law firms, counsel, suggests survey

Are in-house budgets better invested in-house than paid to external lawyers?
Are in-house budgets better invested in-house than paid to external lawyers?
Law firms may lose company referral business if the predictions of general counsel (GC) surveyed by IDEX Legal and Thomson Reuters, come true. Law firm fee currently eats up more than one-third of the in house legal budget of the GCs companies.

Ex-DSK partner Raksha Kothari acts by herself opposite Wadia Ghandy in Rs 265 cr Piramal buy

Raksha Kothari left DSK Legal in January after having been a founding member 14 years ago, to take a few months off and practice independently before deciding her next move. She has now acted as an independent counsel for cement company Sanghi Industries, which saw an investment of Rs 265 crore by t...

Cyril Amarchand rebolsters corporate, bags JPMorgan's Ruetveij Pandya as partner

Cyril Amarchand Mangaldas has hired JP Morgan executive director and assistant general counsel Ruetveij Pandya as a Mumbai corporate partner.

Cognizant’s first APAC General Counsel Anand Bhushan set to leave

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Cognizant Technology Solutions Asia Pacific (APAC) region general counsel GV Anand Bhushan has quit the company to move to another company as in house counsel.

Khaitan, CAM act on FIL's investment in Cipla

Khaitan & Co advised drug major Cipla on raising funds in its arm Cipla Health, from FIL Capital Investments which was advised by Cyril Amarchand Mangaldas. Khaitan partners Haigreve Khaitan, Bhavik Narsana, Kartick Maheshwari, Avaantika Kakkar, Adheesh Nargolkar and Sharad Vaid, associate part...

JSA promotes 3 to equity, loses Akshay Nagpal to Indigo as associate GC

J Sagar Associates (JSA) has promoted Manvinder Singh, Trisheet Chatterjee and Poonam Verma to its equity partnership, while partner Akshay Nagpal will joined Indigo as associate general counsel.

Breaking: 3 Cyril Amarchand partners from Ashwath Rau’s team to also join Zia

Ashwath Rau exodises 3 more CAM partners to AZB
Ashwath Rau exodises 3 more CAM partners to AZB
Three Cyril Amarchand Mangaldas non-equity partners - Ganesh Rao, Anu Tiwari and Dhruv Singhal - have handed in their notice today and will join AZB & Partners with the head of their team, Ashwath Rau, who announced his departure earlier this month.

Deutsche Bank VP Sapna Bhawnani joins Credit Suisse as legal co-head

Deutsche Bank India senior legal counsel Sapna Bhawnani will join Credit Suisse in Mumbai as its joint director and co-head of legal India in the coming months.

Fox Mandal managing partner Som Mandal stood for West Bengal assembly elections on BJP ticket yesterday, now awaits count

Som Mandal: Happy
Som Mandal: Happy

While the Delhi office of Fox Mandal may have seen better days, Som Mandal, its Delhi region managing partner has stood for West Bengal assembly elections in Shyampukur on a BJP ticket.

ILP, ALMT act on L'Occitane & others $6m funding in MyGlamm

Indian Law Partners (ILP) advised French beauty products maker L’Occitane International on leading a $6m funding round in on-demand beauty services startup MyGlamm which was advised by ALMT Legal. ILP partner Gopika Pant, counsel Vineet Gupta, senior associate Rakshika Kaul and associate Abhimanyu K...

2 of Khaitan's to join HSA as Delhi, BGL partners with new MP Amitabh Sharma

Khaitan & Co projects principal associate Rahul Arora and counsel Megha Arora will be joining HSA Advocates as partners, with Khaitan partner Amitabh Sharma to become the new HSA managing partner, as reported by Legally India on Tuesday.

PE giant Blackstone gets first India GC, with Cyril Amarchand partner Himanshu Dodeja

Freshly minted Cyril Amarchand Mangaldas partner Himanshu Dodeja will join private equity major Blackstone as its India general counsel (GC).

Matrix helps penny auction gaming site MadBid set up in competitor-less India

Matrix Law advised e-commerce gaming and auction company Madbid.com on setting up operations in India. Matrix founding partner Sunny Sablok and senior associate Neha Verma acted for Madbid which facilitates “penny auctions” – customers bidding for products that are made available on the website at h...

Legally India access restored to Cyril Amarchand lawyers: As expected, conspiracy theories of censorship ‘ridiculous’

This would be an excellent time to tell you about our Android app (and mobile-optimised website) :)
This would be an excellent time to tell you about our Android app (and mobile-optimised website) :)
:)“)Cyril Amarchand Mangaldas lawyers again have access to Legally India from their work computers, after Legally India and Bar & Bench were inaccessible yesterday displaying the message “blocked by admin”.

Ex KPMG director Vishwanath Shukla starts up tax and disputes firm BMG Legal

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Former KPMG India director Vishwanath Shukla has started up BMG Legal Solutions with former DMD Advocates lawyer Madhavi Swaroop as co-founding partner. BMG Legal is a tax advisory and disputes law firm.

AZB partner Nanju Ganpathy gets senior gown, says more law firmites should try

Ganpathy: To make mark as a senior
Ganpathy: To make mark as a senior
AZB & Partners Delhi partner Nanju Ganpathy has been designated as senior advocate of the Delhi high court, and talks to Legally India about his career and plans.