BMR & Associates Delhi indirect tax head partner Puneet Bansal left the firm on 15 June with BMR associate director Kulraj Ashpnani, to start up his independent indirect tax boutique Nitya Tax Associates, said Ashpnani. Bansal, who started his legal career at Lakshmikumaran & Sridharan (LK...

Baring Private Equity Asia is set to take a minority stake in cement maker Lafarge India for $265m (Rs 1400 crore), with three domestic firms and two foreign law firms advising on the deal. Lafarge was represented domestically by AZB & Partners on law and BMR & Associates on tax issues, wi...