Corporate

Naik & Verus new Hyd partner get all clear for Dirty Picture in writ by Silk Smitha bro

Dirty but not a 'formal biopic'
Dirty but not a 'formal biopic'
Exclusive: The Andhra Pradesh writ petition filed by the brother of late South Indian actress Silk Smitha against the movie loosely inspired by her life, The Dirty Picture, has been dismissed in favour of the movie’s producer Balaji Motion Pictures, represented by Naik Naik & Co, and the Censor Board, represented by Verus Advocates recently joined Hyderabad partner.

Khaitan Mumbai hires Little alumni, start-up co-founder Abhyankar, expands & ‘balances’ equity partnership of 52

Abhyankar: likes deals and training
Abhyankar: likes deals and training
Exclusive: Khaitan & Co has hired Sharad Abhyankar, the co-founder of ANS Law Associates, as a corporate, commercial and M&A partner in Mumbai with his principal associate.

Khaitan & Co hopes to hit 30 headcount in Bangalore larger office

Bangalore: Room for growth?
Bangalore: Room for growth?
Khaitan & Co has moved into a larger office in Bangalore, vowing to increase head-counts by nearly 50 per cent there within the next six months.

ALMT offshoot Clasis hires litigation partner in Delhi from Parekh

Exclusive: Clasis Law has hired former Parekh & Co lawyer Sumeet Lall as a partner to head up its litigation and disputes team.

12 deals mega round-up: AIM for Nandan; Laware highways; Goel copyrights assignments; LexCounsel for Laurus-NSDC; 3 save airlines from CCI; and 6 M&A

image
image
A wrap of the past weeks’ major deals and their advisers, featuring all the usual suspects plus Rajani, LexCounsel, Prism, HSB, SJ Law, Travers, Nabarro, DLA and more…

JSA hires NLSIU topper Promod Nair from Herbies as Bangalore disputes partner

image
image
J Sagar Associates (JSA) has hired Herbert Smith senior associate Promod Nair as a salaried partner in Bangalore, specialising in international arbitration.

3 women, 2 men enter Amarchand side equity as BCG says: Grow to 1,000 by 2017 with 11 practice heads

Exclusive: Amarchand Mangaldas has promoted five new partners into the lockstep equity pool and created 11 practice heads, as part of the 2017 plan for the firm to grow to 1000-lawyers and 100 partners following the proposals from the Boston Consulting Group (BCG) review.

As M&A markets tank, Desai&D, Khaitan win volume race; AZB, TTA, S&R, A&O, Links dominate biggest deals in league table

MnA-pie_lrg
MnA-pie_lrg
Desai & Diwanji has again reclaimed its throne as the busiest M&A firm in India having acted on 33 deals in the first three quarters of the year with Khaitan & Co also laying down improved M&A figures, while AZB & Partners, Talwar Thakore Associates and S&R Associates harvested the biggest value deals, also benefitting Linklaters and Allen & Overy.

Amarchand promotes partners: 8 internal, White & Case lateral; Irish competition lawyer rises, BCG review finalised

image
image
Amarchand Mangaldas has promoted eight principal associates to partnership in Delhi, Mumbai and Bangalore, hired White & Case associate Raghubir Menon as a partner and promoted Irish competition lawyer Paku Khan as a partner-equivalent director.

Four-month-old Prism takes Naik Naik & Co banner in exclusive fin reg alliance

image
image
Exclusive: Naik Naik & Co and securities start-up boutique Prism Partners Advocates have entered into an exclusive alliance under the Naik brand name.

8 deal wrap: Service tax SLP; Chennai Pizza Hut; AIM windfarm deal; Essar to delist & more…

image
image
Four senior counsel and Naik in SLP against immovable property rental service tax; AZB Bangalore Muthoot debentures; Universal-Wadia Ghandy Pizza Hut deal; Infrastructure India windfarm buy with 3 foreign firms and KhaiCo, MMB; ANM for Godrej in cyber squatter; Rs 200 crore P&A Kemrock buy; Amarchand Essar delisting.

Indian law starting salaries: 29 law firms, in-housers updated as ICICI, JCLex, Bharucha, Majmudar hike while Tatva starts on Rs 8 lakh

rupees-stack
rupees-stack
Corporate recruiter ICICI Bank has increased its basic pay package for new recruiters by almost one and a half lakh rupees taking the basic annual package to 10.5 lakh, as Bharucha & Partners, Juris Corp and Majmudar & Co hiked their fresher pay. Tatva Legal kicked off its first law school recruitment season with packages of Rs 8 lakh.

UK, Khursheed, BCI sign no ag’t on foreign law firms as Khursheed promises ‘fast-track’, BCI wants 6 months of exchanges but recognises case for non-litigation entry

Yesterday’s closed-door afternoon meeting between UK justice secretary Kenneth Clarke, Indian law minister Salman Kursheed and Bar Council of India (BCI) chairman Ashok Parija stopped short of reaching an agreement on the entry of foreign law firms but the countries would trial cooperation on the legal education front for the next six months.

Symbi alum’s Pune projects start-up targets Delhi, Mumbai

image
image
Former India Law Services (ILS) associate and Symbiosis Law School graduate Aakash Phadnis project finance and intellectual property (IP) start-up in Pune has recently started a tie-up in Delhi and hopes to open in Mumbai soon.

7 deals in brief: Vishnu Jerome’s Alliance with Credit Suisse; Amarchand-Minter-CC’s $1.2bn GVK Oz; Vaish CM; Alstom restructures; Viacom gets John Doe…

image
image
Amarchand goes down under for $1.3bn GVK coal mine buy with Minters, Cliffords; Ex-AZBer’s Vishnu gets busy with Credit Suisse; Vaish hits the capital markets; JSA, KhaiCo, Amarchand disinvest in NYSE-Co; Amarchand restructures Alstom; and Naik gets a John Doe order.

7-deal wrap: Naukri-Zomato ties; Fortis mega-restructure; Vishwa Olympus-NEA PE action; Indo-Hispanic hose JV; Cox & Kings-Maharaja Express fight; more…

image
image

Amarchand on Fortis mammoth internal restructuring, and Alfa Laval delisting; Desai & Diwanji and Seth Dua on two related private equity injections; Khaitan & Co gets close to Raiffeisen; JSA helps Naukri owner expand online reach to Zomato and beyond; MDP gets Cox & Kings out of Maharaja Express pickle for now; JSA and MD&T Partners get Indians to make hoses with Spaniards.

Gadhia Solar hires Fox, Khaitan alumni Vinay Dwarkadas as first general counsel

image
image
Exclusive: Alternative energy resources company Gadhia Solar Energy Systems has started its in house legal department by hiring intellectual property (IP) attorney Vinay Dwarkadas as its first general counsel.

KJSV partner Jayakar sets up own law firm as firm rebrands to KS, reboots Mumbai with specialist focus

Delhi-headquartered law firm Khaitan Jayakar Sud and Vohra (KJSV) has rebranded itself to KS Partners as it relaunched its Mumbai office to focus on niche practice areas, while its former Mumbai partner Mohan Jayakar left to start his own firm.

AZB’s Westbridge ties yield instruction in up to $250m AppLabs-CSC sale

AZB & Partners Delhi and P&A Associates advised on the sale of AppLabs to Computer Sciences Corporation (CSC) for as much as Rs 1,200 crore ($253m).

DSK Delhi, 4 foreign firms on $200m Japanese IT cash injection for B’lore mobile ad network InMobi

Exclusive: DSK Legal’s Delhi office has scored the role advising Japanese telecoms major Softbank Corp on its $200m strategic investment in Bangalore-based mobile ad network InMobi, alongside four international firms.