KKR & Co. Inc … said it has bought a majority [90%] stake in education services provider EuroKids International Pvt. Ltd from its existing investor consortium led by Gaja Capital. — Mint Pioneer Legal advised the seller, Gaja Capital , led by a team of partners Satish Kishanchandani , partner M...

Aditya Birla Capital Ltd … said its board has approved raising ₹2,100 crore through preferential allotment to marquee investors and promoter group entities. The equity capital will be raised at ₹100 per share, a 10.62% premium to ABCL’s closing price of ₹90.40 as of 4 September 2019, the company sai...

Bangalore International Airport Ltd (BIAL), the operator of Kempegowda International Airport in Bengaluru, has achieved financial closure for its ₹13,352-crore infrastructure expansion that includes construction of Terminal 2 and associated projects. — Hindu Business Line Desai & Diwanji advise...

Oberoi Realty Ltd on Friday said it has bought around 60 acres of land in Thane, Maharashtra from GlaxoSmithKline Pharmaceuticals for nearly Rs 890 crore. In a regulatory filing, the Mumbai-based developer said “the company has successfully concluded the transaction with GlaxoSmithKline Pharmaceutic...

The ex-co-founding partner of Trilegal, Anand Prasad, has started up a four-partner boutique law firm AP & Partners after two years as an independent counsel and budding politician.

S&R Associates has promoted two to its partnership internally:Shivaji Bhattacharya (Nalsar Hyderabad 2009; corporate M&A, Delhi)Prachi Goel (Delhi University Campus Law Centre 2007 LLB; LLM London School of Economics 2012; corporate M&A, private equity, restructuring, Mumbai).

Veteran journalist Vir Sanghvi has invested in product review startup Mishry.com. The firm is based out of Gurgaon and is a content destination that reviews products in the Cooking and Dining space… Apart from this, Mishry has also raised undisclosed seed investments from two fintech industry leader...

Japan’s Fuji Electric Co., Ltd. on Thursday said it has entered into an agreement to acquire 100% stake in Consul Neowatt Power Solutions Pvt Ltd (CNPS), a maker of uninterruptible power supply (UPS) systems. Fuji is acquiring the company from private equity investor Peepul Capital, which owned the ...

After almost a year of negotiations, global e-commerce and technology giant Amazon.com is acquiring a 49 per cent stake in Future Coupons, the promoter entity of Future Retail. According to sources in the know, the size of the deal is between Rs 1,500 crore and Rs 2,000 crore. Through this transacti...

Adani Power … said it has received the Letter of Intent (LoI) to acquire the insolvent Korba West Power Company (KWPCL) after the latter’s Committee of Creditors (CoC) approved Adani’s resolution plan for KWPCL. — Business Standard The insolvency was approved on 24 June 2019. L&L Partners advis...

L&L Partners has promoted six to partner, of whom three are in the M&A corporate practice group, two in general corporate, and one in banking finance, according to an internal announcement.

L&L Partners’ corporate partner Vishwanath Pratap Singh, whom we had first reported to have left in April, will be joining Cyril Amarchand Mangaldas (CAM) in the coming days, coinciding with Trilegal corporate partner Ravindra Bandhakavi’s move that will also complete in the next few days.

Sports firm LawNK founder Nandan Kamath has accepted the government’s Rashtriya Khel Protsahan Puruskar award on behalf of the GoSports Foundation, which he co-founded in 2008.

Social commerce startup Meesho has raised $125 million, led by South African media and internet group Naspers, with participation from US technology company Facebook and existing investors SAIF Partners, Sequoia Capital, Shunwei Capital, RPS and Venture Highway. Former Vodafone Group CEO Arun Sarin ...

Health-tech startup Doxper … said it has raised $4 million as part of its Series A round, led by healthcare-focused fund Alkemi Venture Partners. Rainforest Venture Network, existing investor growX Ventures and some angel investors also participated in the round. — Mint Ikigai Law advised Alkemi Ven...

Digital payments aggregator BharatPe, said … that it has raised $50 million led by US-based fintech fund Ribbit Capital, and hedge fund Steadview Capital. Existing investors - Sequoia Capital, Beenext Capital and Insight Partners also participated in the round. — Mint Update 05 September 2019: Antar...

Remfy & Sagar managing associate Samridh Bhardwaj has joined OakNorth Analytical Intelligence as senior vice president legal and transactional based in Gurgaon.

Former BMR Legal Advocates principal Tarun Jain has returned to BMR Legal as a partner after he went independent in 2017, according to the firm’s press release last week.

Bharti Airtel director legal Sameer Chugh has been promoted to group general counsel at the Bharti Group, as first reported by Legal Era.

Nishith Desai Associates (NDA) has reversed its salary freeze that we had first reported in June, giving annual salary increments to fee-earners with retrospective effect.