Khaitan & Co has hired Sudipta Bhattacharjee as an equity partner with his team of three lawyers in its indirect tax practice, to be based in Delhi.

Algo Legal has partnered with NUJS Kolkata to start a “legal innovation and technology” eight-week course for third- to fifth-year students from 15 December 2020.

Three-partner firm Spice Route Legal, which had been founded in 2016 by former K Law partner Praveen Raju, has revealed its remuneration for associates from 0 to 7 years of post-qualification experience (PQE).

BLOOMBERG : Mumbai-based digital entertainment firm Pocket Aces has secured ₹100 crore from Sequoia India, DSP Group and 3one4 Capital, besides other prominent investors, the company said on Tuesday. — Mint IndusLaw advised Pocket Aces led by a team of partner Nishant Singh , principal associate Khu...

The board of IndusInd Bank Ltd has approved the merger between the bank and microfinance firm Bharat Financial Inclusion Ltd (BFIL), IndusInd informed the stock exchanges on Saturday. The share exchange ratio for the merger shall be 639 equity shares of the bank for every 1000 equity shares of BFIL....

Pureplay Skin Sciences (India) Pvt. Ltd, which sells beauty and skincare products under the brand Plum, said it has raised Rs 110 crore (around $15 million) in its Series B funding round. — VCCircle Samisti Legal advised Pureplay Skin Sciences (India) Pvt led by a team of partner Prashant Jain , pri...

SoftBank Group Corp said on Monday it has agreed to sell chip designer Arm to Nvidia Corp for as much as $40 billion in a deal set to reshape the semiconductor landscape. — Thehindu AZB & Partners advised NVIDIA Corporation led by a team of partners Ashwath Rau , Nilanjana Singh , Veena Gopalak...

Jerome Merchant + Partners advised IIFL India Private Equity Fund led by a team of partner Sameer Sibal along with associates Rishabh Amber Gupta, Nirav Bakshi and Paralegal Gayathri Kamath.

metadesc: Khaitan & Co advised Softbank (Sb Investment Advisers (UK) Limited) led by a team of partner Bharat Anand , principal associate Nidhi Killawala , Sales enablement platform MindTickle has raised $100 million in a mix of equity and debt funding, led by Japan’s SoftBank Vision Fund 2, al...

SBI Mutual Fund invested, by way of a preferential allotment, of Rs. 150 crore in Tube Investments of India Limited (“TIIL”), a listed public limited company which is part of the Murugappa Group. The board of Tube Investment of India (TIIL) has approved raising Rs 350 crore from Azim Premji Trust an...

Reliance Industries … said that Abu Dhabi Investment Authority and Saudi Arabia’s Public Investment Fund (PIF) have invested ₹3,779 crore each in Jio Fibre’s network. The sovereign wealth funds from Gulf will acquire a total 51% in the infrastructure investment trust (InvIT) — Digital Fibre Infrastr...

Dr. Purshotam Lal (and his affiliates) bought out the other shareholder group of Metro Speciality Hospitals Private Limited, Dr. SS Bansal and his affiliates. Metro Speciality Hospitals Pvt. Ltd. owns and operates Metro Heart Institute with Multispeciality, Faridabad. The parties were engaged in a l...

Link Legal India Law Services has hired Abhishek Sharma as associate partner specialising in land and real estate, according to a press release from the firm.

Delhi-based four-year-old start-up law firm Palit & Co has expanded to five partners after hiring Amit Jain, who was formerly an executive partner at Lakshmikumaran & Sridharan (LKS), as a partner in Delhi on 2 November.

DMD Advocates has promoted counsel Kuber Dewan in its dispute resolution practice to partner.

Nishith Desai Associates (NDA) has revised its base pay for freshers to Rs 17.4 lakh, including a guaranteed annual bonus of Rs 1.2 lakh, from the previous total level of around Rs 15 lakh, which had last been revised around four years ago.

ShareChat, a Bengaluru-based social media company, said it raised $40 million in Pre-Series E round. It said the new round of funding had significant investment from Dr. Pawan Munjal, DCM Shriram Promoters Family Office, SAIF Partners, Twitter, Lightspeed Ventures and India Quotient. This current ro...

PE firms Advent International Corp’s Amalfiaco and Temasek’s MacRitchie Investments Pte Ltd sold 8.77% in CG Consumer for ₹1631 crore in an open market transaction on Tuesday. — Mint Advent and Temasek collectively sold 8.75% shares of Crompton Greaves for an aggregate consideration of approximately...

Temasek-backed job matching platform, GoodWorker, Bollywood actor Sonu Sood and vocational skill provider Schoolnet have formed a joint venture with an initial investment of Rs 250 crore to assist blue-collar workers with employment and skilling. — Yourstory DSK Legal advised Mr. Sonu Sood and Sonu ...

With Bharti Enterprises-led low earth orbit (LEO) broadband satellite communications company OneWeb emerging from US Chapter 11 bankruptcy protection and achieving all relevant regulatory approvals, chair man Sunil Bharti Mittal said that beginning mid-December till October 2021, the company will la...