Corporate

Ex-(Shardul) Amarchand senior partner Harry Chawla to join (Cyril) Amarchand from Kochhar

Chawla
Chawla
Kochhar & Co partner Harry Chawla is set to join the new firm expected to be launched by Amarchand Mangaldas Mumbai managing partner Cyril Shroff in Delhi.

Luthra hires 2 partners

Luthra & Luthra has hired two new Mumbai partners: ex-State Bank of India deputy general manager (law) Priyamvada Haridas in banking and finance, and Shinoj Koshy from Nishith Desai Associates in corporate, as reported by Bar & Bench . Haridas joined SBI from GLC Calicut after graduating i...

Another month, another Ola cash transfusion (from Russia): Indus, AZB, foreign firms profit

IndusLaw advised India’s largest taxi aggregator Ola Cabs, backed by Japan’s Softbank Corp, in raising $314m (Rs 1,952 crore) from Russian Yuri Milner’s DST Global which was advised by AZB & Partners and Goodwin Procter. Indus Delhi partner Gaurav Dani, senior associate Divya Varghese and assoc...

PKA partner Bhumesh Verma joins DGS as first lateral partner hire

PKA Advocates partner Bhumesh Verma joined DGS Associates effective 1 February, joining as the first non-founding partner in the 10-year old Delhi firm, taking its partner count to three. He said that he joined with associate partner Vikas Gaur. Verma graduated from CLC Delhi in 1994 and was a partn...

ELP, A&M act in Rs 60 cr Tano Capital microfinance investment

Economic Laws Practice (ELP) advised alternate asset management firm Tano Capital on investing Rs 60 crore in India’s second NBFC microfinance institution Arohan which was advised by A&M Law Offices. ELP partner Suhail Naithani, associate partner Vinayak Burman, senior associate Archana Khosla ...

Mass exodus: K Law poaches Link Legal partners Ajay Sawhney, Gautham Srinivas & team of 10 to kick off in Delhi

Sawhney
Sawhney
Link Legal partners Ajay Sawhney and Gautham Srinivas and their team of associates will be joining Krishnamurthy and Co with their team, according to three authoritative sources.

IndusLaw promotes Bangalore litigator to grow to 12 partners

IndusLaw promoted Bangalore dispute resolution principal associate Lomesh Kiran Nidumuri to partnership, taking its partner count to 12 across all offices.

The number that makes law firms tick (and Khaitan similar to JSA; AZB close to Amarchand; but all different to Trilegal) [via Mint]

Gearing
Gearing
Getting the ratio of partners to non-partner fee-earners right has its rewards, but it is, at best, an inexact science.

(Shardul) Amarchand IP partner Ranjan Negi to leave

Amarchand Mangaldas intellectual property (IP) partner Ranjan Negi, who relocated to Gurgaon from Delhi when it was opened in September of last year , will leave the firm. Delhi-region partner Pallavi Shroff said via email that Negi had resigned but that the IP practice would continue as before. Neg...

IndusLaw remains dot-com PE darling with $150m Quikr injection from Tiger, eBay, others

Induslaw advised internet and mobile-based classifieds company Quikr Mauritius Holding in raising $150m (over Rs 900 crore) from existing investors Tiger Global, eBay and Sweden’s Kinnevik, and new investor Steadview Capital Management, LTR and ABG Capital, which were advised by Morgan Lewis and Gun...

Q1 2015 M&A league table sees massive uptick in work as pre-split Amarchand grabs top spot with AZB

M&A League Tables
M&A League Tables
In what will possibly have been its last quarter of existing as a single firm, Amarchand Mangaldas again acted on the most valuable M&A deals though AZB & Partners emerged as the firm with the largest number of recorded transactions.

Ex Shardul-AM peel-off Gnarus Partners (Rishi Anand) to get absorbed by (Cyril) Amarchand

Rishi Anand, who started his own firm Gnarus Partners in 2012 after leaving Amarchand Mangaldas Delhi as a senior associate, will join the new Delhi office of Amarchand Mangaldas co-managing partner Cyril Shroff, who is set to compete with his brother Shardul Shroff in India’s capital, according to an authoritative source.

Trilegal, Nishith Desai act on $20m Caspian Impact Investment debt financing

Nishith Desai Associates advised Caspian Impact Investments (CII) on its $20m debt financing from the US government’s development finance institution Overseas Private Investment Corporation (OPIC), which was advised by Trilegal. NDA Mumbai partner Nishchal Joshipura and associates Sahil Shah and Nik...

NLU Jodhpur’s Day Zero may double last year’s record with massive PPO haul for 2016 batch [UPDATE: 31 jobs]

NLU Jodhpur bagged approximately 31 jobs for its fourth year class in Day Zero yesterday, including 13 pre-placement offers (PPOs), for 88 students.

PXV founder, Khaitan associate partner Deepto Roy to join (Shardul) Amarchand

Deepto Roy
Deepto Roy
Khaitan & Co associate partner Deepto Roy will join the firm to be started by Amarchand Mangaldas Delhi partner Shardul Shroff in Mumbai.

Shardul & Cyril Amarchand poach Khaitan associate partner ranks, with Iqbal Khan & Harsh Kumar to join

Khaitan & Co associate partners Iqbal Khan in Mumbai and Harsh Kumar in Delhi have been poached by Amarchand Mangaldas co-managing partners Shardul and Cyril Shroff respectively, who are setting up offices in each others’ territories.

Khaitan Bgl, Olswang scoop giant $450m Snapdeal e-com buy of Freecharge with AZB Delhi

Khaitan & Company advised Snapdeal on India’s biggest acquisition in the e-commerce space yet – the $450m (Rs 2,800 crore) buy of mobile commerce platform Freecharge which was advised by AZB & Partners, reported Bar & Bench . Khaitan Bangalore Partner Abhilekh Verma acted for Snapdeal...

13 is the new 10: Trilegal to bump base pay by Rs 2 lakh to Rs 13.2 lakh for Rs 15.4 max package

Trilegal: Rs 13 lakh is the new Rs 10 lakh.
Trilegal: Rs 13 lakh is the new Rs 10 lakh.
As promised, Trilegal has announced a massive pay hike to fresh graduates joining the firm, bumping up salaries to Rs 1.1 lakh per month excluding an optional annual bonus of up to Rs 2.2 lakh.

(Cyril) Amarchand Delhi may scoop heavy-hitter-GC, ex Dua partner Raghuram Raju

mxueytut
mxueytut
Amarchand Mangaldas partner Cyril Shroff is in advanced talks to take on the former Religare, GENPACT and GE Cap GC as a future Delhi partner.

(Shardul) Amarchand likely to bag Dudhat Pereira founder, ex-Udwadia partner Radhika Pereira in Mumbai

Radhika Pereira
Radhika Pereira
Radhika Pereira, the founding partner of Dudhat Pereira & Associates, is set to join the upcoming Mumbai office of the expected Amarchand Mangaldas post-break-up firm of Shardul Shroff.