Amarchand Mangaldas advised the HCC group on its Rs 64 crore sale of a highway project to IDFC-backed Highway Concession One. IDFC was advised by Udwadia Udeshi & Argus. Amarchand Mumbai partner Santosh Jankiram acted for HCON, which is part of the HCC group. UUA managing associate Shubha Karra...

Majmudar & Partners advised Carnival Films on its Rs 700 crore buyout of Reliance Mediaworks’ multiplex division Big Cinemas. Reliance was advised by J Sagar Associates (JSA). Majmudar Mumbai partner Rukshad Davar acted for Carnival, which is backed by a Kochi-based commodity trader. JSA Mumbai...

J Sagar Associates (JSA) advised global alternative asset manager The Carlyle Group on its $32.8m buy of a 54.8 per cent stake in Chennai-based publishing and technical services company Newgen Knowledge Works, which was advised by Universal Legal. JSA Chennai partner Aarthi Sivanandh and senior asso...

AZB & Partners has hired ex Indian Revenue Service (IRS) senior official KP Singh as a partner in Delhi to specialise in regulatory and indirect tax, who joined earlier today. “We were [eagerly] waiting for the government to give him his release,” said AZB Delhi managing partner Ajay Bahl. “We ...

Lalit Bhasin has written in a Business Standard column that he was now in favour of allowing the phased entry of foreign law firms…

The deadline for the affidavit that was due to be filed by Amarchand Mangaldas Mumbai managing partner Cyril Shroff in the Bombay high court dispute with his brother over their late mother’s equity in the firm, has been extended by the court to 31 December 2014, coinciding with the deadline set for ...

Desai & Diwanji and Luthra & Luthra acted on the sale of Jaipur Mahua Tollway, a four-laning project conessionnaire of the Jaipur-Mahua section of National Highway 11, for Rs 525 crore to ISQ Asia Infrastructure I, an affiliate of US-based fund I Squared Capital. Desai & Diwanji Mumba...

J Sagar Associates (JSA) acted for Piramal Enterprises which invested Rs 65 crores in the development of a residential-cum-commercial project of around 630,000 square feet on Bangalore’s Sarjapur Road, Bangalore by Krishna E Campus, which was advised by Wadia Ghandy. JSA Bangalore partners Vivek Cha...

AZB & Partners 2013-partner Nandish Vyas will join ex-AZB senior partner and CEO Abhijit Joshi who has started his own firm in Mumbai. Vyas, who was promoted to AZB’s partnership in 2013 and specialises in private equity and M&A, confirmed to Bar & Bench that he would be joining Joshi...

Rajani Singhania & Partners acted for online financial services marketplace Apna Paisa Marketing and Services and its promoters in its merger with Trilegal-advised Casa Capital Management, which is a financial services holding company. Rajani Singhania Mumbai partner Preeti Balwani, with senior...

Mumbai-based Deutsche Bank general counsel (GC) Atulya Sharma has resigned and might join a “telecom company, possibly Reliance Communications or Tata Teleservices at a 25 per cent wage hike”, reported the Economic Times , citing sources. The paper wrote that IDFC legal head Rajeev Uberoi was front ...

Amarchand Mangaldas advised Infosys founders NR Narayana Murthy, SD Shibulal, Nandan Nilekani and K Dinesh alongside family members Kumari Shibulal, Deeksha Dinesh, Asha Dinesh, Akshata Murthy, Sudha Murthy, Rohini Nilekani and Divya Dinesh, who together have sold around 32.6 million Infosys shares ...

Former Clifford Chance senior associate Rishi Gautam will join AZB & Partners in Mumbai as a corporate partner in January.

HSA Advocates has promoted infrastructure, energy and corporate M&A associate partner Avirup Nag into its partnership. Infrastructure and finance lawyer Nilesh Chandra was elevated to associate partner level, according to a press release from the firm, which stated that the firm now has 17 part...

DSK Legal advised Kancor Ingredients in selling a majority stake to French company Mane SA, Switzerland which was advised by Crawford Bayley. DSK managing partner Anand Desai with partner Ajay Shaw and senior associates Pragya Dhamija and Aditee Mohta acted for Kancor. Crawford partner Sanjay Asher ...

An unnamed “government official” told the Hindu Businessline that the commerce ministry was putting “finishing touches” to a proposal to liberalise transactional legal services and international arbitration. “The idea was discussed in detail at the 12 November National Services Conclave,” said the o...

Khaitan & Co advised BMM Cements and its promoters on their Rs 560 crore ($90m) buy of Sagar Cements, which was advised by Tatva Legal. Khaitan Bangalore partner Ganesh Prasad acted for BMM Cements. Tatva Hyderabad partners Shailendra Komatreddy and Rajeev Reddy acted for Sagar Cements. The dea...

Desai & Diwanji acted for Hyderabad Chemicals and its shareholders in its Rs 450 crore sale of 74 per cent stake to Japanese listed company Nihon Nohyaku which was advised by J Sagar Associates (JSA). D&D Mumbai partner Vihang Virkar and senior associate Ayesha Rai acted for Hyderabad Chem...

TMT Law Practice and three senior advocates have won a Supreme Court stay of the 10-day suspension of Viacom-owned TV channel Comedy Central that was ordered by the Delhi high court. Justices Dipak Misra and UU Lalit ordered the government to respond by 8 December: As an interim measure, it is direc...

J Sagar Associates (JSA) and AZB & Partners advised the promoters of Curatio Health Care on the Rs 95 crore sale of 33.36 per cent of its stake to Sequoia, which was advised by Khaitan & Co and Themis Law Associates. JSA Chennai partner Aarthi Sivanandh, senior associate Tamara Devanandan ...