“Canadian Solar Inc. and China’s Unisun Energy Group bought 49 per cent stakes in solar projects being developed by Suzlon Energy,” reported Mint.

Find and directly apply for the latest junior, mid-level and senior positions at Indian corporate and litigation law firms. And new for students: apply directly for internships.

Former Luthra & Luthra and FoxMandal Little partner Vineet Aneja has now joined ALMT Legal to start up the firm’s office in Delhi.

Luthra & Luthra has hired DSK Legal associate partner Deepak THM as a private equity and M&A partner in its growing Mumbai office, taking the total headcount to five partners.

Kochhar & Co has hired an Amarchand Mangaldas designated senior associate for its corporate team in Mumbai, vowing “aggressive” expansion in the city.

Freshfields Bruckhaus Deringer, Lex Counsel and Platinum Partners have advised on a $17.5m (Rs 85 crore) joint venture (JV) deal between the UK’s Pearson Group and Delhi-based education company Educomp Solutions.

Desai & Diwanji has poached a team of four lawyers from Crawford Bayley, taking on one senior associate as a partner.

Thakker & Thakker has made up its first female partner, growing its partnership to a total of five.

J Sagar and Associates (JSA) and Luthra & Luthra have completed the Rs 1,750 crore ($368m) takeover of mining company Dempo Group by London-listed Vedanta Resources subsidiary Sesa Goa.

Amarchand, Ashurst and Luthra & Luthra have restarted their work on the exhumed Oil India initial public offering (IPO), which the government hopes will fill its coffers by up to Rs 2,400 crore ($500m).

India’s new government could be the springboard for the country’s legal system to scale new heights.

The recent Indian elections saw a decisive win for the Congress Party, the stock markets rally, the various economic growth forecasts adjusted and the ­rating agencies ditching their gloomy ­outlook for the country (see ‘Elections’ box).

The optimism within the business ­community here is so heartfelt and the belief in the new government so strong, it is ­reminiscent of the first month or so after Barack Obama’s election victory in the US.

Nevertheless, the data for the start of the year makes for depressing reading. India, much like the rest of the world, has suffered in every major sector (see ‘Figures’ box). The country, as ever, faces incredible challenges.

But amid those challenges, even though they come with a long wish list of demands from their old but newly emboldened government, Indian lawyers are also seeing great opportunities. In India, it is business time.

Trilegal spin-off Phoenix Legal has added two associates in Delhi, vowing to significantly expand its practice there and in Mumbai with lateral hires.

The firm is hoping to hire a lateral partner for its Mumbai office and to double it in size to 10 lawyers by the end of the year.

Phoenix founding partner Abhishek Saxena said: “We are looking around for a couple of candidates. Although we’d be keen to get a partner, if it does not materialise we may want to get a very senior associate.”