Bangalore-based AI company Gnani.ai has raised Series A funding from Samsung Ventures Investment Corporation, the venture capital arm of Samsung Group. This makes Gnani.ai one of the first four Indian startups to have received funding from Samsung Ventures. — Electronicsb2b Saakshya Law Advocates &#...

TTA promotes amongst its ranks T alwar Thakore & Associates has promoted two managing associates to counsel, as well as two promotions each into the managing and senior associate ranks. New counsel Nidhi Rani (NLSIU Bangalore 2010), had started her career at TTA (other than several month second...

Veritas Finance Pvt. Ltd has raised Rs 350 crore ($46 million at current exchange rates) in its Series E round of funding led by existing investor Norwest Venture Partners. — VCCircle Veritas Legal advised Kedaara Capital Fund I LLP led by a team of partner Nandish Vyas , senior associate Kanisha Vo...

Advised Palo Alto Networks, Inc on the India leg in relation to the acquisition of Cloudgenix, Inc. by Palo Alto Networks, Inc. The transaction was structured as a reverse triangular merger, according to reports . Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced that...

UK-headquartered Xeros Technology Group has signed a deal with India’s Ramsons, one of the largest garment finishing equipment suppliers in South Asia, to develop a range of innovative, sustainable garment finishing equipment. Xeros said the deal, signed last week, provides Ramsons Garment Finishing...

Parinam Law Associates has acted for Mylab Discovery Solutions and Serum Institute of India in their joint venture to manufacture Covid-19 testing kits, led by managing partner Hitesh Jain , partner Mallika Noorani and senior associate Manali Kshirsagar . As India faces a severe shortage of coronavi...

Aéroports de Paris (AdP) S.A.proposed to invest INR 10,780 crore in GMR Airports Limited. The transaction involves an acquisition of an aggregate 49% stake in GMR Airports Limited in two tranches. The second tranche of the transaction is subject to approvals from regulatory authorities, according to...

Exclusive: The future is bright at Trilegal, despite virus, according to its new MPs*

Following the February reports that the previous managing and co-founding partners Karan Singh and Rahul Matthan were stepping down, Trilegal’s new semi-elected managing partners Sridhar Gorthi and Nishant Parikh have taken over today.

J Sagar Associates (JSA) has promoted 10 to retained partner, 7 to principal associate, one to of-counsel and 25 to senior associate, with effect from 1 April 2020.

J Sagar Associates (JSA) has hired Tatva Legal partner Rajeev Reddy G as its second partner based in Hyderabad.

HSA Advocates has promoted five associate partners to partner, according to its press release, while lifting two of its fee-earners to associate partner, (re)-growing the size of the firm to 32 partners and associate partners.

AZB & Partners has promoted seven to partner in Mumbai in Delhi, with the latter making up the majority of promotions.

Khaitan & Co has committed to honour all current job offers made to graduate recruits starting this year and that it would also hire a similar number from campuses as this year, to start in 2021, despite the global looming COVID-19-related depression.

Top advocate-on-record (AOR) and Supreme Court powerhouse Agarwal Law Associates (ALA), which has around 50 lawyers, has announced a cut in fee-earner salaries of 30% on those earning more than Rs 40,000 per month at least until 14 April, after closure of the courts and social distancing measures have caused court work to fall off a cliff.

AMNS Luxembourg Holding S.A., the joint venture between Nippon Steel Corporation and ArcelorMittal has entered into a $5.14 billion (about Rs 38,000 crore) term loan agreement to refinance a loan taken for acquiring the erstwhile Essar Steel India, now renamed as ArcelorMittal NipponSteel India (AM/...

Siemens has signed an agreement to acquire New Delhi-based C&S Electric Ltd, a leading provider of electrical and electronic equipment, for ₹2,100 crore. — Hindu Business Line S&R Associates advised C&S Electric Limited led by a team of The S&R corporate team included partners Sa...

PUNE, India, Sept. 26, 2019 Advanced Construction Technology Services (ACTS), a leading regional testing, inspection and certification firm, has announced its acquisition of CQRA, a top Pune-based construction management company and independent quality assessment agency. The news comes after ACTS re...

Trilegal has promoted two of its corporate lawyers - Ankush Goyal and Tejas Adiga - to its all-equity partnership, growing to 55 now.

Cyril Amarchand Mangaldas has paid out bonuses to fee-earners yesterday, this year around a week earlier than usual, due to the national COVID-19 lockdown.