InCorp’s Chief Executive Officer and Founder, Atin Bhutani, along with the existing management team will continue to lead the business and be shareholders alongside TA. Financial terms of the transaction were not disclosed. — Ta Pioneer Legal advised TA Associates (Hong Kong) led by a team of for th...

Debt-heavy cosmetics business Coty has picked up a $750m investment from private equity major KKR as it looks to shore up its balance sheet amid losing customers to rival brands. KKR has also signed a memorandum of understanding with Coty that it will buy a stake in the company’s professional beauty...

Singapore-based Baker & McKenzie director of economics and India group member Sanjiv Malhotra has joined DMD Advocates as senior director and chief economist in Delhi.

Financial Services focused Edelweiss Group … said US-based Kora Management will invest up to $125 million (around ₹875 crore) in the group. Kora Management, an investment firm focused on financial and technology sectors across emerging markets, is already an investor in Edelweiss. Kora has committed...

Debt capital markets lawyer Pallavi Gopinath Aney has left Baker & McKenzie Singapore to join Allen & Overy (A&O) as a partner, Bar & Bench has reported.

US private equity major Blackstone has proposed acquiring a majority stake in Indian packaging company Essel Propack Ltd (EPL) for an amount up-to ?3,211 crore (approximately $462 million), according to Bloomberg . Trilegal advised Blackstone led by a team of partners Nishant Parikh and Anirudh Agar...

“FMCG major Hindustan Unilever Limited (HUL) on Monday said it will buy GlaxoSmithKline’s Indian Horlicks nutrition business for around $3.8 billion, boosting the consumer goods group’s position in a key emerging market,” reported Firstpost today. The deal covers GlaxoSmithKline Consumer Healthcare,...

Hyderabad-based building materials company HIL Ltd has bought Parador Holdings of Germany, which is worth Rs 687 crore, from existing shareholders NORD Holding, Deutsche Mittelstandsholding, Lubert Winnecken and Hendrik Voß for 72.3m Euros. Khaitan & Co acted for HIL , with a team led by partne...

“ECL Finance, a part of the Edelweiss group, has raised Rs 502 crore by selling masala or rupee-denominated bonds to overseas investors in its debut issuance of such securities. Sun Global Investments, London and Emirates NBD Bank, Dubai are the global coordinators and joint lead managers on the transaction,” reported the Economic Times.

Khaitan & Co advised Reliance Communications on gaining Competition Commission of India (CCI) approval for its acquisition of Russian conglomerate Sistema’s Indian telecom unit Sistema Shyam Teleservices which was advised by J Sagar Associates (JSA) and Baker & McKenzie. Khaitan Mumbai par...

Former Baker & McKenzie Habib Al Mulla senior associate Faizal Latheef joined Kochhar & Co as a partner in its Dubai corporate practice.

Former Linklaters Singapore managing associate Pallavi Gopinath Aney is set to join Baker & McKenzie as a partner, an authoritative source has confirmed to Legally India.

In a week that’s seen a raft of companies hitting the markets, Cyril Amarchand Mangaldas Bangalore partner Arjun Lall has scooped the mandate advising Cafe Coffee Day on its Rs 1,150 crore initial public offering (IPO), with AZB & Partners and Baker & McKenzie acting for the banks. AZB Del...

Linklaters, Clifford Chance, Allen & Overy and Baker & McKenzie are the highest profile foreign law firms operating in India, according to the latest analysis of foreign law firms’ India businesses.

UK-headquartered magic circle firm Allen & Overy, which used to have a best friend relationship with Trilegal but gave up because it saw no prospect of the Indian legal market opening up, is set to open an office in Myanmar, which recently liberalised its economy, following Baker & McKenzi...

Baker & McKenzie’s global India practice will be headed by the firm’s Singapore partner of 10 years Ashok K Lalwani effective this month, after David Jacobs, who was the India practice head since 2005, retired as the firm’s partner. Lalwani was already heading the firm’s Asia Pacific and US securities practice.

Madras HC gets more than one ASG for the first time as senior advocates G Masilamani, 72 and P Wilson, 45 get appointed as ASGs to succeed senior advocate M Ravindran. Masilamani was South India’s first appointed ASG in 1997-98, while Wilson is the youngest ASG of south India [ TOI ] Bombay HC raise...

Former Baker & McKenzie Singapore senior associate Siddharth Wahi joined J Sagar Associates (JSA) Gurgaon as an of counsel to advise on energy and infrastructure projects.

Khaitan & Co advised public sector undertaking Nuclear Power Corporation of India (NPCIL) in its external commercial borrowing (ECB) of Rs 1,343 crore ($250m) from State Bank of India, Singapore which was advised by Baker & McKenzie Wong & Leow and Dua Associates.

Consolidated FDI Policy 2012 is effective from today. Fails to Include definition of ‘joint venture’ through specific shareholding. B2B is now allowed 100 per cent FDI [ Circular ] [ Medianama ] Baker & McKenzie wins US law firm popularity contest, evidencing that money is not foremost on the m...