Amarchand Mangaldas acted on more than half of the total number of Qualified Institutional Placements (QIPs) in Legally India’s QIP League Table of the 2009-2010 fiscal year. AZB & Partners and Khaitan & Co were the second-busiest followed by J Sagar Associates (JSA) and Crawford Bayley and S&R Associates amongst domestic firms.

International firm Jones Day bagged the maximum QIPs out of foreign law firms acting for the book running lead managers while Linklaters, Dorsey & Whitney and Clifford Chance also won mandates on a significant numbers of fundraisings.

Amarchand Mangaldas acted on more than half of the total number of Qualified Institutional Placements (QIPs) in Legally India’s QIP League Table of the 2009-2010 fiscal year. AZB & Partners and Khaitan & Co were the second-busiest followed by J Sagar Associates (JSA) and Crawford Bayley and S&R Associates amongst domestic firms.

International firm Jones Day bagged the maximum QIPs out of foreign law firms acting for the book running lead managers while Linklaters, Dorsey & Whitney and Clifford Chance also won mandates on a significant numbers of fundraisings.

Less than one month ago a financial daily caused a stir in the cozy Delhi capital markets world after reporting that the selection of law firms in the disinvestment of Coal India Limited and Engineers India Limited (EIL) had been discriminatory, alleging political nepotism. But as so often there is more than meets the eye.

AZB & Partners was the busiest Indian M&A firm in the months of April and May advising on a total of seven takeovers, followed by Trilegal and Amarchand Mangaldas but foreign firms picked up by far the greatest slice of Indian M&A mega-value deals benefiting from increasing Indian outbound activity.

Amarchand Mangaldas Bangalore advised Kalanithi Maran on his Rs 740 crore purchase of Link Legal-advised low-cost carrier SpiceJet from two sellers, which were represented by AZB Mumbai and Naveen Goel Law Offices in Delhi.

Amarchand Mangaldas has replenished its Kolkata office with a partner, hiring Khaitan & Partners office head Niloy Pyne, who will also relinquish in the legal process outsourcing (LPO) company he has been helping set up in the city.

Amarchand Mangaldas’ Delhi office has promoted principal associates Prashant Gupta and Tejas Karia to its partnership, with Gupta being the firm’s first full-time capital markets partner outside of Mumbai and Bangalore, while Mumbai has made up principal associate Vandana Pai Bharucha.

Amarchand Mangaldas was the busiest IPO law firm in Legally India’s 2009-10 financial year (FY) league table by far but the newer practices Luthra & Luthra, S&R Associates, AZB & Partners and Khaitan & Co have managed to keep pace in bank advisory work bagging nearly as many instructions.

NLU Jodhpur has beaten the recession blues with its entire 2010 graduating batch of 2010 finding jobs or placements with Trilegal, Luthra & Luthra and Amarchand Mangaldas picking up 17 students in total and legal process outsourcing (LPO) companies including Clifford Chance’s captive LPO hiring eight, according to faculty.

Amarchand Mangaldas and Trilegal conducted interviews on NLSIU Bangalore campus with 35 students yesterday (25 May), making 15 job offers and hoping to steal a march on competitors in the recruitment war for 2011 graduates.

Amarchand Mangaldas is advising ICICI Bank on its takeover of Bank of Rajasthan (BoR), whose promoter Pravin Kumar Tayal is represented by Paras Kuhad Associates, in a stock deal that envisages a share exchange ratio of 25 ICICI shares for 118 BoR shares.

Amarchand Mangaldas, Crawford Bayley and Luthra & Luthra, and young firms Axon Partners LLP, Link Legal and S&R Associates, are bidding for the role of legal advisor to the government in the disinvestment of state-owned Engineers India Limited (EIL) which is set to happen through a follow-on public offer in July.

Former Amarchand Mangaldas chief operations officer Bithika Anand and her team parted ways last week from legal industry services provider Rainmaker, eight months after both jointly started up Rainmaker Consulting.

AZB & Partners and Simpson Thacher & Bartlett have reprised their joint roles for private equity house KKR in its Rs 750 crore ($166m) investment in Amarchand Mangaldas-advised Dalmia Cement.

Amarchand Mangaldas picked up almost one third of 33 initial public offering (IPO) mandates in the first quarter of 2010, while Crawford Bayley, J Sagar Associates (JSA), Luthra & Luthra and Khaitan & Co together bagged another 40 per cent of instructions.

AZB & Partners has shot to the top of the mergermarket M&A league table by acting on seven out of eight of the largest M&A deals in the first three months of 2010. Desai & Diwanji and Amarchand Mangaldas respectively came in at second and third place by number of deals done.

AZB & Partners has shot to the top of the mergermarket M&A league table by acting on seven out of eight of the largest M&A deals in the first three months of 2010. Desai & Diwanji and Amarchand Mangaldas respectively came in at second and third place by number of deals done.

Amarchand Mangaldas has hired a lateral partner and banking and derivatives specialist from the UK and has promoted three of its partner designates to full partnership.

Induslaw and Amarchand Mangaldas represented three funds that investing $10m into Azure Power’s solar power technology project.

Turnovers at India’s top 50 corporate law firms range from $500,000 (Rs 2.2 crore) to $40m (Rs 181 crore) with aggregate revenues of all firms amounting to $350m (Rs 1590 crore), estimated an analyst report on the Indian legal industry.