Vaish Associates advised the world’s largest privately owned company in fragrance and flavours – the Swiss company Firmenich on its Rs 27 crore ($4.5m) buy of 40 per cent stake in Indian floral extracts leader Jasmine Concrete Exports. Jasmine was advised by MMB Legal. Vaish partner Hemant Puthran a...

J Sagar Associates (JSA) advised Financial Technologies (India) (FTIL) on the Rs 459 crore ($76m) sale of its 15 per cent stake in Multi Commodity Exchange of India (MCX) to Kotak Mahindra Bank which was advised by Amarchand Mangaldas. JSA partners Berjis Desai, Somasekhar Sundaresan and Vikram Ragh...

Allen & Overy (A&O) advised BNP Paribas, Citigroup, Deutsche Bank, The Royal Bank of Scotland and Standard Chartered Bank, as joint lead managers and bookrunners, on ONGC Videsh’s issue of more than $2.2bn worth of bonds. J Sagar Associates (JSA) advised ONGC Videsh. A&O Hong Kong par...

Verus Advocates Mumbai partner Jay Parikh, assisted by associates Aastha Khurana, Rashna Jehani and Priyanka Devgan, acted for Hyderabad-based Sagar Cements which sold 47 per cent of its Vicat Sagar Cement to an affiliate of its French joint-venture partner Vicat Group for Rs 435 crore . MNK Law Del...

AZB & Partners advised Bharti Airtel in selling over a fifth of its 15,000 telecom towers located in four African countries to Helios Towers Africa, which was advised by Vinson & Elkins. AZB Delhi partner Gautam Saha, senior associate Amrita Patnaik and associates Asha Kutty and Srishti Sh...

Lakshmikumaran & Sridharan (LKS) has made up seven non-founding partners into equity, for the first time ever, in its 30th year of existence.

Trilegal advised US-based multimedia company Tribune’s Singapore arm in its Rs 161 crore ($27m) acquisition of What’s On India Media which was advised by V Law. Trilegal Bangalore partner Kosturi Ghosh acted for Tribune Digital Ventures – the Singapore arm. V Law founding partner Vivek Daswaney acte...

Khaitan & Co partner Siddharth Shah has been included on the Bombay Stock Exchange’s (BSE) advisory group on real estate investment trusts (REIT) alongside 10 representatives of various banks, real estate and financial services companies, according to the PTI . REITs are aimed at attracting lon...

Link Legal advised GMR Infrastructure which raised Rs 1,477 crore ($246m) through qualified institutional placement (QIP). Clifford Chance and Amarchand Mangaldas advised Merrill Lynch, Deutsche Bank, J.P. Morgan, Axis Capital and ICICI Securities who were the lead managers to the issue. Link Legal ...

Trilegal and Sood & Sood have advised bankers and Datawind, the manufacturer tasked with producing millions of Aakash tablet computers for the Indian government, on the Indian elements of the company’s initial public offering (IPO) on the Toronto Stock Exchange in Canada on 9 July. The company ...

Amarchand Mangaldas lost steady client Adani Gas’ case in the Competition Commission of India which fined the company Rs 25.67 crore ($4.3m) on the complaint of the Faridabad Industries Association (FIA). FIA was advised by advocate Sharad Gupta. Amarchand Mumbai competition partner Nisha Kaur Ubero...

Amarchand Mangaldas Mumbai partner Vandana Pai Bharucha has left the firm for health reasons.

Three co-founding equity partners of PXV Law Partners, Deepto Roy, Mohit Abraham and GT Thomas Phillippe, are set to join Khaitan & Co as associate partners by 1 August.

Former Reserve Bank of India (RBI) deputy governor Anand Sinha joined Amarchand Mangaldas yesterday as senior advisor (financial services) in Mumbai.

Singh & Singh drafted the defamation notice on behalf of India TV producers Rajat Sharma and Ritu Dhawan, which was sent to their former employee Tanu Sharma for her sexual harassment allegations against the channel and to Newslaundry reporter Manisha Pande for her story “Tanu Sharma Vs India T...

Khaitan & Co advised Mumbai-based pharma company Elder whose domestic formulation business was acquired by Ahmedabad-based drug major Torrent Pharmaceuticals for Rs 2,004 crore ($324m). Torrent was advised by Amarchand Mangaldas. This is the largest domestic M&A in the pharma sector, accor...

SNG & Partners has opened an office in Singapore, permanently relocating associate partner Rahul Sud to the island state, in order to be closer to the firm’s banking clients and focus on in- and out-bound investment.

Amarchand Mangaldas Mumbai capital markets partner Abhimanyu Bhattacharya has left the firm on Saturday.

Naveen Goel Law Offices (NGLO) and Olswang advised Europe’s largest independent visual film effects provider Double Negative on its merger with Reliance Capital’s global film and media business Prime Focus. Prime Focus was advised by Bharucha & Partners and Linklaters. NGLO partners Rishi Bhatn...

Fox Mandal advised a consortium of three Kolkata-based developers – Sureka Group, Merlin Group and JB Group in buying Singapore-based real estate firm Keppel Magus Development for Rs 140 crore ($23m). Keppel was advised by Khaitan & Co’s Kolkata office. Fox Kolkata partner Debanjan Mandal senio...