Corporate
Trilegal, Wadia G, AZB Mum & Bgl on largest microfinance investment in 3 years
Trilegal advised Morgan Stanley Private Equity Asia, AZB & Partners Mumbai advised Alpha TC Holdings, and Wadia Ghandy advised the CVCI Group in picking up a minority stake in Bangalore-based microfinance institution Janalakshmi for, according to the Economic Times , Rs 350 crore ($55m). Janala...
Nishith Desai Associates to open Munich office

Universal Legal, Wadia Ghandy on $16m healthcare PE
Universal Legal advised Andhra Pradesh-based Rainbow Hospitals, in which the UK-government owned CDC and private equity investor Abraaj Group invested Rs 100 crore ($16m). Wadia Ghandy advised the CDC and Abraaj Group. Universal Legal Chennai-based partner Kavitha Vijay and senior associate Sameena ...
Desai & Diwanji on Rs 52 crore Intec public takeover
Desai & Diwanji advised ICICI Securities and a number of acquirers in the open offer of Delhi-based non-banking financial institution Intec Capital. India Business Excellence Fund, which is taking a preferential allotment of Intec shares, was represented by Amarchand Mangaldas on the initial st...
BMR, S&R, Kirkland sell Four Soft to Kewill for $43.4m
S&R Associates and Kirkland & Ellis advised the UK-based Kewill group and its backers Francisco Partners, in buying Hyderabad-based software solutions provider Four Soft for Rs 265 crore ($43.4m). Four Soft was advised by BMR Legal.
Tatva, Trilegal bring $10m ASK Pravi PE care to Omni hospitals
Tatva Legal advised the ASK Group’s joint venture fund ASK Pravi in investing Rs 60 crore ($9.8m) in Hyderabad-based Omni hospitals, which was advised by Trilegal. Tatva Bangalore partner Manav Nagaraj, Hyderabad partner Rajeev Reddy, senior associates Pratyush Singh and Bhargava KS and associate Kr...
Luthra, Slaughter, AZB, Links sell RBS India arms to Ratnakar bank for $74m

LCIA yet to bag 10th case as high-powered Hiranandani arbitration resolved with Cherie Blair, AP Shah, Karanjawala

K&S Partners promotes three to partnership under Jyoti Sagar post-JSA-retirement stewardship

RDA checks out Savannah Hotels from Sinclairs and others, for Desai Brothers
RDA Legal advised pickles and jams manufacturer Desai Brothers in buying out Savannah Hotels from Sinclairs Hotels, which operates the Savannah-Sinclairs Hotel in Bangalore, and from Savannah’s other shareholders. RDA managing partner Rohit Das and associates Ushasi Das and Robin Quadros advised on ...
AZB Partner Shreyas Jayasimha quits to set up Aarna Law
AZB & Partners Bangalore partner Shreya Jayasimha has resigned to start up law firm Aarna Law, reported Bar & Bench without official comment from him or the firm. Jayasimha graduated from NLSIU Bangalore in 2000, worked in the chambers of then advocate and now Delhi high court justice S Mu...
Luthra launches radical strategy shake-up after ‘profitability beating’: promotes two partners, 17 associates

Luthra Delhi down 3: Nivedita Tiwari joins MNK, Moushami Joshi to Pillsbury, Shweta Hingorani non-corp

AZB Mumbai + Delhi, Amarchand on DLF’s Pramerica insurance sale to DHFL
Amarchand Mangaldas advised US-based Prudential International Insurance Holdings in selling a 74 per cent stake of real-estate developer DLF, advised by AZB & Partners Delhi, in its Indian life insurance wing Pramerica, to Mumbai-based home mortgager Dewan Housing Finance (DHFL). DHFL was advis...
AZB, Indus, Samvad, Tatva top a PE volume league table
AZB & Partners came out on top of a 2013 first-half-year league table released by corporate analytics company Venture Intelligence, recording 19 deals. Induslaw and Samvad Partners – previously known as Narasappa Doraswamy & Raja – and Tatva Legal recorded eight deals each in the rankings....
Luthra to announce long-awaited partnership promos tomorrow
Luthra & Luthra is set to announce its long-awaited partnership promotions on Saturday (3 August). It is understood that a meeting of partners will be held today at 3pm on the topic, with some appraisals still going on through tomorrow. The partnership promotion announcements are then set to be...
Amarchand Delhi re-fills COO role after 4 years with Mayer Brown Asia COO

Fox Mandal claims invalid service in £100,000 negligence suit by Singhania, threatens costs & battle on London jurisdiction

Ex-Alliance Jerome P&C opposite Amarchand on StanChart-Mahindra $164m real estate JV
P&C Legal advised Mahindra group’s real estate arm Mahindra Lifespace Developers on its Rs 1,000 crore ($164m) joint venture (JV) with Standard Chartered Bank’s investment arm SCM Real Estate. StanChart was advised by Amarchand Mangaldas. P&C Legal partner Vishnu Jerome, whose part of Mumb...
Amarchand on $2.4bn minority-questionable Ambuja-Holcim merger
The Securities and Exchange Board of India (SEBI) is examining the terms of the agreement between Ambuja Cements and Holcim.