Corporate

JSA links Indian with int’l NY ad men with boutique

image
image
J Sagar Associates (JSA) has advised New York-based advertising company Interpublic Group on its joint venture (JV) with India’s digital media enterprise Interactive Avenues, which drafted in a niche Mumbai firm for launching Reprise Media in India.

Talwar Thakore breaks Rs 10L fresher pay, increments across board

rupees-stack
rupees-stack
Exclusive: Talwar Thakore & Associates (TTA) has hiked its starting graduate retainer salary to Rs 10.5 lakh alongside base pay-band increases of between 10 and 20 per cent across the board.

Hemant Sahai hires Herbies lawyer, advocate as partners and rebrands

image
image
Exclusive: Hemant Sahai Associates has rebranded itself to HSA Advocates and hired two later partners, including one Herbert Smith senior associate and senior Delhi litigator Meenakshi Arora, taking the firm up to 10 partners.

AZB Bangalore, Desai Diwanji get Indian mandate on $2.4bn Pfizer gelatine cap-sale [UPDATE]

AZB & Partners and Desai & Diwanji were drafted in on the Indian leg of the sale of Pfizer’s $2.4bn worldwide Capsugel business to global investment firm Kohlberg Kravis Roberts (KKR). AZB’s Bangalore-based partner Srinath Dasari led for Pfizer. He said that as Indian counsel the firm revi...

Gujrati slump sale by Rhodia for JSA, Neo Juris

J Sagar Associates has advised chemical manufacturers Rhodia Group on its slump sale acquisition of Gujarat-incorporated PI Industries, which hired Delhi firm Neo Juris.

Amarchand grabs giant Areva T&D demerger

power-line-by_abooth202
power-line-by_abooth202
Amarchand Delhi on the demerger of power company into two businesses after Alstom and Schneider $429m buy last year.

IndusLaw tallies up Abacus buy-out by IT consultants ASM

IndusLaw has advised Bangalore-based IT consulting company ASM Technologies on its complete buy-out of US company Abacus Business Solutions which had drafted in Californian firm Pacific Law Group in an all-cash purchase.

QIP league table 2010-11: Amarchand keeps lead in slow, tight field as Luthra, Crawford, DLA win

stock_exchange_chart
stock_exchange_chart
Exclusive: Against a background of slowing markets in qualified institutional placements (QIPs), Amarchand Mangaldas has retained a strong lead in Legally India’s QIP league table for the 2010-2011 fiscal despite its deal volume dropping by half, while Luthra & Luthra and Crawford Bayley scaled ahead of Khaitan & Co and AZB & Partners.

JSA, Dua manage $135m Fisher Sanmar JV buy-out

J Sagar Associates (JSA) and Dua Associates have advised on Sanmar Group’s exit from joint venture Fisher Sanmar with JV partner Emerson Group buying out complete 51 per cent stake of Sanmar for $135m . JSA M&A partner Sandeep Mehta and associates Dharmesh Kotadia and Mitesh Shah acted for the ...

Tuli & Co promotes one, now 5 partners with insurance bent

image
image
Insurance specialist firm Tuli & Co has elevated Celia Jenkins to partner, growing its partnership to five including two promotions last year.

How IMAX 3D cinemas will come to PVR India (with Luthra & Luthra)

image
image
Luthra & Luthra has advised Indian multiplex owner PVR Cinemas on its collaboration with Canadian entertainment technology company IMAX Corporation to install and maintain state-of-the-art IMAX theatre systems, which was advised by Agarwal Jetley & Company.

Senior Majmudar partner Narayanan to start-up new firm; One partner promo’d

Majmudar-Akil-Hirani
Majmudar-Akil-Hirani
Exclusive: Majmudar & Co equity partner Anoop Narayanan has left the firm with likely plans to start up a new practice, while Majmudar salaried partner Neerav Merchant has been promoted to equity partnership.

ELP lures first Pune partner, promotes two in Mumbai

Exclusive: Economic Laws Practice (ELP) has hired former KPMG senior manager Ajit Tolani as its first associate partner in Pune, while promoting Aqeel Sheerazi and Ritesh Kanodia to associate partnership in Mumbai.

MMB Legal for Teamlease in Rs 100 cr PE investment with DSK, Wadia G

MMB Legal advised education company Teamlease Services on its Rs 100 crore ($22.6m) fundraising ICICI Venture and Gaja Capital, advised by Wadia Ghandy Bangalore and DSK Legal in Mumbai.

Amarchand, P&A reprise Schneider connections with $115m Digilink takeover

Amarchand Mangaldas and P&A Law Offices have advised on the buy-out of Mumbai-based Smartlink Network’s cabling systems business Digilink by French company Schneider Electricals for Rs 503 crore ($115m).

20 law firm lawyers to go on BCI secondments

Exclusive: The Bar Council of India (BCI) is to take 20 lawyers on secondment from law firms to help it regulate transactional law practice better, said BCI chairman Gopal Subramanium and Society of Indian Law Firms (SILF) chairman Lalit Bhasin on Friday.

SNG gets nuclear capacity with former Ashurst India heads, rebrands

Exclusive: SN Gupta & Co has rebranded its transactional practice to SNG & Partners, shifted into new Delhi corporate offices and has hired former Ashurst India office heads Ashok Mubayi and Preet Malik as senior advisers to build up the firm’s nuclear practice.

2010 law grad, veteran CA joins Vaish partnership

Exclusive: Vaish Associates Advocates has promoted principal associate and chartered accountant Rohit Jain to partnership in Delhi’s direct tax practice one year after his law graduation.

Trilegal promotes two; Rolls out new bonus with hiccup, windfall

Trilegal-anand_prasad_th
Trilegal-anand_prasad_th
Exclusive: Trilegal Delhi lawyers Harsh Pais and Yogesh Singh were elevated to the firm’s salaried partnership, as the firm overshot its fee-earner bonus budget after having instituted a new system.

Nearly $50m equipment JV exit advised by Crawford Bayley, L&T in-house

Crawford Bayley & Co has advised construction company CNH Global NV on the full buy-out of Larsen & Toubro’s (L&T’s) stake in joint venture partnership L&T-CASE Equipment for around Rs 200 crore ($45m).