Corporate

AZB, Nishith Desai on $37m Madhucon highway sale to Cube

AZB & Partners advised Singapore based infrastructure company Cube Highways & Infrastructure on its Rs 248 crores ($37.4m) buy of Madhucon Agra Jaipur Expressways (MAJEL) which was advised by Nishith Desai Associates (NDA). AZB partner Yashwant Mathur, senior associates Esha Pruthi and Amb...

AZB, Indus on ex-Vodafone CEO Arun Sarin's Ola buy

AZB & Partners advised former Vodafone CEO Arun Sarin and his family on their acquisition of a minority stake in ANI Technologies which runs taxi app Ola. Ola was advised by IndusLaw. AZB Delhi partner Anil Kasturin and senior associate Jaishree Tolani acted for Sarin who, as Mint reported, is ...

Khaitan, AZB sell Writefine equity to Italian art company

Khaitan & Co advised Indian stationery maker Writefine Products on selling 32.5 per cent equity to Italian art products maker and distributor Fabbrica Italiana Lapis ed Affini (FILA). FILA was advised by AZB & Partners and Italian law firm Studio Legale Salonia Associati. Khaitan associate...

Khaitan, JSA haul in Rs 4,500 cr ($685m) Reliance-Sistema mega-deal with HSF, Bakers

Khaitan & Co acted for Reliance Telecommunications in its acquisition of the wireless business of J Sagar Associates (JSA)-advised Sistema Shyam Teleservices for Rs 2,100 crore of equity, while also taking on Rs 2,400 crore of Sistema’s debt to the government.

Recently-indie JSA-Luthra-alum Abhay Vohra advises on 2nd Career Launcher acquisition

Delhi based lawyer Abhay Vohra, who went independent from big law firms a year ago, advised CL Educate on acquiring 51 percent stake in education consulting company Accendre Knowledge Management, which was advised by its in-house legal team.

Loopholing FDI in Indian retail: Should Flipkart & Amazon advisers be lauded or damned?

Like rival foreign-funded e-commerce player Flipkart, aggressive foreign entrant Amazon too has built up a complex structure skirting India’s restrictions on Foreign Direct Investment (FDI) in the online retail space, by dividing its operations and investments between the customer-facing web front-e...

Khaitan helps Indo-Australian rail freight train JV split

Khaitan & Co advised rail freight car makers, the Australia-based UGL Rail Services and the Indian Texmaco Rail and Engineering on UGL’s sale of its 50 per cent stake in its joint venture with Texmaco – Texmaco United Group Rail. Khaitan Kolkata partner Padam Khaitan, associate partner Arindam ...

Seth Dua & Associates hire Gaurav Dhwaj and Upvan Gupta as associate partners to boost Telecom and Tax practice

Delhi firm Seth Dua & Associates hired former Khaitan & Co senior associate Gaurav Dhwaj in telecoms, media and technology (TMT) and Vaish Associates senior associate Upvan Gupta in tax as associate partners.£££para£££

RBI confirms, somewhat superfluously: Won't permit foreign law firms to open liaison offices here

No “fresh permission or renewal of permission” shall be granted by the RBI to foreign law firms seeking to open a liaison office in India “till the policy is reviewed based on final disposal of the matter by the Supreme Court”, the _Reserve Bank of India (RBI) _said yesterday in a notification repor...

Dhir & Dhir opens Hyderabad office for Telangana , AP push

Dhir & Dhir Associates has launched its third national office, setting up in Hyderabad on 28 October.

BMR to expand into cap markets as JSA's Kaushik Mukherjee joins after all

BMR Legal announced the induction of Kaushik Mukherjee, who was earlier a partner at J Sagar & Associates as the second partner based out of the firm’s Mumbai office.

CAM, AZB delicately guide $1bn+ into India with American Towers' Viom buy, with Luthra on DD [UPDATE-1]

Mega deal sees five law firms bring investment home.

JSA Chennai partner Chitra Narayan goes independent to mediate

J Sagar Associates (JSA) retained partner Chitra Narayan in Chennai will go independent to focus on mediation, reported Bar & Bench . She told the website, “I have been a mediator with the Tamil Nadu Media & Conciliation Centre for about ten years and a year and a half ago I along with oth...

Smart computers will replace paralegals, junior lawyers in a decade, predicts survey

Around 35 percent of 320 large US law firm leaders think it’s realistic that within a decade junior lawyers could be replaced by sophisticated artificial intelligence (AI) computer systems, according to a survey.

Khaitan, Luthra, CAM, Sidley Austin on $38m Quick Heal IPO

Khaitan & Co advised computer security software company Quick Heal Technologies on its $38.5m (Rs 250 crore) Initial Public Offering of fresh issue of equity shares and and an offer for sale of 6,814,736 equity shares by existing shareholders, consisting of Kailash Sahebrao Katkar, Sanjay Saheb...

JSA Mumbai media expert partner Nandini Mehta boosts Housing.com legal as GC

J Sagar Associates (JSA) Mumbai partner Nandini Mehta left the firm to join realty portal Housing.com as its general counsel, reported Money Control and several others further to a company press release.

Khaitan, Greenberg sell Volvo IT to HCL for $138m

Khaitan & Co advised IT and software outsourcing company HCL Technologies on its acquisition of Swedish multinational group Volvo’s external IT business for $138m (Rs 895 crore) in an all cash deal. London based law firm Greenberg Traurig Maher LLP represented Volvo. Khaitan Delhi partner Joyjy...

JSA, Khaitan, Anderson Mori on biggest mutual fund FDI: $180m Reliance Nippon sale

J Sagar Associates (JSA) advised Reliance Capital (RCAP) on the Rs 1200 crore ($180m) sale of 14 per cent stake in Reliance Capital Asset Management (RCAM) to Japan’s largest life insurance company Nippon Life Insurance (NLI). NLI was advised by Khaitan & Co and Anderson Mori & Tomotsune. ...

Universal, Indus on $10m Qualcomm, Norwest PE in Attune Tech

Indus Law advised Qualcomm Ventures and Themis Law Associates advised Norwest Venture Partners on infusing $10m (Rs 65 crore) in Chennai based health tech start-up, Attune Technologies. Attune Technologies was advised by Universal Legal Chennai. Universal partner Sameena Chatrapathy and associates S...

JSA, BMR on Union Bank's acquisition in KBC

J Sagar Associates (JSA) advised Union Bank of India on its acquisition of 49 per cent shareholding in its joint ventures, Union KBC Asset Management Company (KBC-AMC) and Union KBC Trustee Company (KBC-TC) from KBC Participation Renta. KBC Participation Renta was advised by BMR Legal. JSA Mumbai pa...