Corporate

Khaitan & Co first to announce fresher salary hike to Rs 13.2 lakh + 2 bonus

Money money
Money money
Khaitan & Co has increased fresher salaries to Rs 15.2 lakh per annum, including bonus, effective from 1 April as part of its annual pay hike.

AZB, Desai & Diwanji act on Rs 250 cr buy, open offer of diving company

Desai & Diwanji advised Delhi-based oil company HAL Offshore and its investment bank Equirus Capital in a controlling stake buy-out of the BSE and NSE-listed company Seamec for around Rs 253 crore, opposite AZB. AZB Mumbai capital markets partner Shameek Chaudhuri and senior associate Rinki Gan...

AZB cap markets partner Meera Singh leaves, to continue on ad hoc flexitime

AZB & Partners Delhi partner and capital markets practice head Meera Singh has resigned the firm, according to Bar & Bench . Singh told the website that she was leaving for personal reasons and would continue to work flexibly with the firm on individual assignments. Delhi managing partner ...

Khaitan & Co capital markets partner Vibhava Sawant resigns for Abu Dhabi

Vibhava Sawant
Vibhava Sawant
Khaitan & Co Mumbai capital markets partner of six years Vibhava Sawant left the firm on 11 April to relocate to Abu Dhabi to be with family.

Infosys GC starts own firm: First client Infosys

Infosys senior vice president and general counsel Nithyanandan Radhakrishnan has quit to set up his own law firm in Bangalore, telling TOI: “My exit was amicable. I am going to turn 40 next year and I wanted to do something on my own. In fact, I wanted to quit after the Department of Justice settlem...

Lakshmikumaran adds 9th office, opens in Chandigarh following tax bench, local clients

Chandigarh: Punjab's seat of power
Chandigarh: Punjab's seat of power
Lakshmikumaran & Sridharan (LKS) opened up in Chandigarh on 1 April – adding the firm’s ninth regional presence close on the heels of the opening of a new CESTAT bench in the city.

Delhi HC orders gov to pay for monthly Rs 6 lac AIIMS treatment of poor boy with rare disease

AIIMS
AIIMS
In India’s first judgement on medical aid for rare diseases, the Delhi high court today directed the Delhi government to provide monthly medical treatment, free of cost, to a minor child afflicted with a rare disease (gaucher).

Singapore firm Shook Lin & Bok promotes 2006 NLIU Bhopal grad to partnership

Aditi Mathur
Aditi Mathur
Aditi Mathur has been promoted to the partnership of Singaporean firm Shook Lin & Bok.

Young, star corporate partner Shishir Vayttaden quits Luthra to join Amarchand

Vayttaden: Homegrown
Vayttaden: Homegrown
Homegrown Luthra & Luthra Mumbai partner Shishir Jose Vayttaden has resigned from the firm.

M&A league table: AZB, Trilegal, Luthra on top of meek start to 2014 but more to come...

Q1 M&A: In terrible shape
Q1 M&A: In terrible shape
AZB, Trilegal and Luthra had the biggest reported deals in the first quarter of the year, which was a bit of a let down compared to the first quarter of 2014 but is looking up.

Rs 10,000 cr: Amarchand, S&R reprise roles to sell off rest of Vodafone with AZB from Piramal, Analjit

Vodafone: top up minutes
Vodafone: top up minutes
At least three domestic law firms acted on Vodafone UK’s buyout of Vodafone India shareholders to take full control over its Indian subsidiary for more than $1.6bn.

Ashurst & India best friend ILP advise Toshiba’s $20m clean water entry opposite DSK

Toshiba
Toshiba
Indian Law Partners (ILP) and Ashurst acted for Japanese Toshiba in its investment in Delhi-based clean water solutions provider company UEM India.

Khaitan & Co promotes 37 lawyers up a rung to senior & principal from around 4- to 6-year mark

Khaitan ladder, starts at 4
Khaitan ladder, starts at 4
Khaitan & Co has promoted 10 lawyers to principal associate level and 27 to senior associate, in Delhi, Mumbai and Kolkata.

Facebook, Diageo, BVI lawyer Chetan Nagendra to start own Bangalore firm

Chetan Nagendra, a former in-house lawyer at Facebook, has set up a start-up law firm in Bangalore, reported Bar & Bench . Nagendra graduated from NLSIU Bangalore and had previously also worked as an associate at Amarchand Mangaldas for three years, followed by a stint as regional counsel at Di...

Khaitan’s Vaishali Sharma goes it alone as Agram: 3-4 associates, some mandates, no co-partners (for time being)

Vaishali Sharma
Vaishali Sharma
Vaishali Sharma, the Khaitan & Co lateral partner who left the firm last week, has now hired three associates and won her first instructions.

Clasis forays into IP, healthcare with Luthra alum Ashwin Sapra

Ashwin Sapra
Ashwin Sapra
Clasis Law, the best friend law firm of UK-international firm Clyde & Co, has hired Ashwin Sapra to head up its intellectual property (IP) and healthcare practice.

BMR Legal poaches ‘ace’ LKS litigating partner of 28 years

Madhav Rao
Madhav Rao
Lakshmikumaran and Sridharan (LKS) partner and head of indirect tax litigation Madhav Rao joined BMR Legal in Delhi as partner on 1 April, handling indirect tax litigation.

Amarchand Mumbai kills automatic ‘designate’ associate lockstep, promotes 13 principals, 20 senior associates

Amarchand Mangaldas Mumbai region has promoted 13 of its lawyers to principal associate and 20 to senior associate.

4 billion dollars: Amarchand, Crawford, Luthra & 2 foreigns help troubled Ranbaxy sell out to Sun Pharma

Ranbaxy Sun Pharma
Ranbaxy Sun Pharma
Sun Pharma bought debt-ridden pharmaceutical giant Ranbaxy for $4bn from Daiichi Sankyo.

JSA promotes 23 lawyers to senior associate level, most in Mumbai

Associate ladder
Associate ladder
J Sagar Associates has promoted 23 lawyers to senior associate level, with a huge majority - 13 - getting bumped up the ladder in Mumbai.