“India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT) will acquire five electricity transmission assets worth ?11,500 crore ($1.66 billion) from Sterlite Power,” reported Hindu Business Line . “Global alternative assets giant KKR is moving to acquire a controlling stake in Sterlit...

“Infrastructure major Larsen & Toubro has purchased around 20% stake of V.G. Siddhartha and Coffee Day in Mindtree through block deal for about Rs 3,210 crore,” reported Mint, about the purchase that was formally announced last week.

L&L Partners, formerly known as Luthra & Luthra, has re-launched its website to now include a list of partners in each practice area, after it had for a long time maintained a fairly basic online presence (excepting its activity on Facebook, of course).

Nitesh Estates, “through its wholly owned subsidiary Nitesh Indiranagar Retail Private Limited has signed Share Purchase Agreements with Abbey’s Realtors LLP a nominee of Ela Realty Private Limited, Group Entity - ABIL Group and sold its 100 percent holdings in step down Tier- II Subsidiary - Korega...

“Logistics startup, Delhivery has raised $413 million in its latest round of equity financing led by SoftBank’s Vision Fund, the Gurgaon-based company announced on Sunday. The transaction has also seen participation from Delhivery’s existing investors, bulge-bracket private equity firm Carlyle Group...

“Quess Corp is acquiring majority stake in Chennai-headquartered business solutions provider and listed enterprise Allsec Technologies in a transaction worth around Rs 270 crore. The deal, undertaken through Quess’ subsidiary Conneqt Business Solutions, will see Conneqt purchasing 35.35% holding fro...

It is well known that nearly every Supreme Court case is in want of an advocate-on-record (AOR), and several lawyers and law firms have made this a core part of their Supreme Court practice. After analysing more than 120,000 of the Supreme Court’s daily orders from 2018, we have now compiled a list of the busiest advocate-on-record (AOR) firms in the apex court, according to the number of orders mentioning their names.

AZB & Partners Mumbai competition counsel Rahul Rai, who we had reported in February to have resigned from AZB’s partnership to take up an of counsel position at the firm, has joined the chambers of senior advocate Gopal Subramanium in Delhi last month, we understand from several sources.

“The Asian Development Bank (ADB) has signed an agreement to invest $50 million in Avaada Energy Private Limited (AEPL) to help the company rapidly scale up photovoltaic solar energy generation capacity in India,” according to its press release . Indian Law Partners (ILP) advised Avaada Energy led b...

Pathology chain Metropolis Healthcare’s initial public offering (IPO) has seen major investor interest, raising Rs 1,204 crore, reported Mint and others. It is one of the few IPOs this year, in what has been a muted time for IPOs in the Indian capital markets. Khaitan & Co acted for the issuer,...

Nalsar Hyderabad’s 2020 graduating batch has kicked of its first day of recruitments (also popularly known as Day Zero), on 6 April, with students having already sewn up 23 pre-placement offers (PPOs) and a total of 8 prestigious vacation schemes and/or training contracts with foreign law firms.

“EverSource, NIIF buy stake in Ayana Renewable for $330 million: All three partners will invest $330 million cumulatively, according to a company statement,” reported The Economic Times . The plan is to build a large scale renewable energy platform by focusing on developing utility-scale renewable e...

AZB & Partners has made a massive promotion round of 15 to its partnership, with effect from today.

KKR & Co and Government of Singapore Investment Corp (GIC) are monetising part of their holdings in India’s largest mortgage lender, Housing Development Finance Corporation, through secondary market transactions, multiple sources with direct knowledge of the matter told ET. The transaction woul...

US movie studio and media conglomerate Twenty-First Century Fox was swallowed up by the The Walt Disney Company for $71bn, raising some serious global competition concerns. In India, the deal included media players Hotstar, Tata Sky and Star India, according to Digit , and would have therefore also ...

In February of this year, preceding the March $300m buy-in from Hyundai and Kia , Ola subsidiary Ola Electric Mobility raised $14m from investors including Matrix Partners India, Tiger Global; and Sarin Family India, according to reports . Khaitan & Co advised Ola Electric Mobility Private Limi...

Renewables company Avaada Energy Private Limited has taken investments from Development Finance Institutions (DFIs) - DEG from Germany and FMO from the Netherlands, as reported by VCCircle . Indian Law Partners advised Avaada Power and its promoters led by a team of ILP partners Gopika Pant and Vine...

“True North to buy 51% stake in Max Bupa Health Insurance: Private equity firm True North will acquire a 51% stake in Max Bupa Health Insurance Company for Rs 511 crore ($72 million),” reported VCCircle . Khaitan & Co advised True North Managers LLP led by a team of partner Niren Patel , princi...

AZB & Partners Mumbai-based competition lawyer Rahul Rai, has announced internally that he would step down from partnership and take up counsel position at the firm instead (for now).

Chetan Nagendra, former Bangalore partner of AZB & Partners, has joined Big 4 consultancy E&Y best friend law firm PDS Legal as a partner, to open up its Bangalore office, according to sources with knowledge of the move.