Algo Legal Gurgaon-based partner Vinayak Mishra has yesterday joined venture capital (VC) fund Lightspeed India Partners Advisors as its first de facto legal head for India and South-East Asia.

Bhojani was one of the first lawyers to make it to top corporate management in India, paving the way for the others who followed*

Cyril Amarchand Mangaldas (CAM) has postponed fresher joining dates all the way until next year, according to emails sent by the firm to candidates most of whom had accepted offers in 2019 to join the firm in August 2020.

Khaitan & Co has made working-from-home from a distance the default until the end of 2020, bearing in mind a variety of factors and routines upended by the Covid-19 pandemic.

Ikigai Law has become an equity partnership, promoting its director of public policy, Nehaa Chaudhari, to equity partner, while also promoting Aparajita Srivastava to non-equity partner level.

Singh & Associates has hired Lakshmikumaran & Sridharan (LKS) Bangalore-based partner Neeraj Dubey in its local office there.

HSA Advocates has hired Agarwal Law Associates lawyer Manan Shukla as a partner in its Delhi disputes team.

Carlyle will buy a 25% stake in Indian telecom firm Bharti Airtel Ltd’s data center arm for $235 million, the U.S. private equity group said on Wednesday, as it taps into the rapid growth of digital services in India. The acquisition, by an affiliate of Carlyle, will give Airtel’s Nxtra Data Ltd an ...

It’s been raining cheques for Jio Platforms and the latest one, which came on Sunday, is from Qualcomm Ventures, the investment arm of Qualcomm Incorporated. Qualcomm Ventures has committed to invest up to ₹ 730 crore, which will translate into 0.15% equity stake in Reliance Industries’ digital unit...

Reliance Industries Ltd (RIL) during its 43rd annual general meeting (AGM) has announced the reeling in of Google as an investor. The company has announced Google will invest Rs 33,737 crore for a 7.7 per cent stake in Jio platforms after all regulations are met. With this, Google will be joining pa...

Khaitan & Co has announced a bumper crop of promotions, elevating 16 principal associates to salaried partner level, and 8 to counsel.

Link Legal India Law Services has hired into its Mumbai projects, finance and infrastructure practice with IDFC First Bank vice president legal, Aditya Bhardwaj.

Algo Legal has added a partner in Mumbai by hiring former Veritas Legal senior associate, which he had left in November 2019, as a partner.

L&L Partners’ litigation partnership, which is one of four separate partnerships that the firm operates under one brand name, has effectively cut fee-earner salaries by at least 15% and 35% via deferrals of retainers, which would operate retrospectively from 1 April, according to two sources with knowledge of the measures.

“Reliance Industries Limited and Jio Platforms Limited announced today that Intel Capital will invest ₹ 1,894.50 crore in Jio Platforms at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore. Intel Capital’s investment will translate into a 0.39% equity stake in Jio Pla...

Service Lee Technologies Pvt. Ltd, which operates device management and support platform Servify, is raising Series C funding from a clutch of existing investors. — VCCircle J Sagar Associates (JSA) advised Service Lee Technologies Private Limited , operating as Servify led by partners Vikram Raghan...

Dormer Pramet, a division within Sandvik Machining Solutions, has reached an agreement to acquire the entire business of the Indian company Miranda Tools, comprising manufacture of High Speed Steel and solid carbide round tools. — Company Press Release AZB & Partners advised -Miranda Tools Priv...

New Delhi: Engineering conglomerate Escorts … said Japan’s Kubota Corporation will acquire 10% equity stake engineering in the firm for Rs 1042 crore. Upon completion of this transaction, Escorts and Kubota will partner and aim to become a leading player in the Indian market and a hub of product dev...

Sale of shares (approximately 47.70%) held by SAG in SIL, an Indian listed company, to SAG’s subsidiary, SIH BV, through a block deal on the floor of BSE Limited. SAG will continue to be the ultimate holding company and promoter of SIL following the completion of this transaction, according to repor...

Leading FMCG player Hindustan Unilever (HUL) on Friday said it has completed the acquisition of VWash from pharma major Glenmark Pharmaceuticals. The company, however, did not disclose the value of the transaction. — The Economic Times Cyril Amarchand Mangaldas advised Glenmark Pharmaceuticals Limit...