SC Judge slams Gov for “scaring away all foreign investors” : “We are sorry to say that lawmakers are not keeping pace with the changing times, especially fast-changing technology. Then you will legislate with retrospective effect, scaring away all foreign investors,” said Justice KS Radhakrishnan t...

In today’s edition of Mint: Legally India reveals Cyril and Shardul Shroff’s, and Boston Consulting Group’s masterplan to take the firm to the next level of a Rs 1,000 crore ($203m) turnover, while securing the future of future generations of the family.

Last week’s episode of CNBC-TV18’s The Firm sat Takeover Regulations Advisory Committee (TRAC) members YM Deosthalee and Sourav Mallik opposite AZB & Partners’ Zia Mody and Amarchand Mangaldas’ Cyril Shroff to discuss some of the intended and unintended consequences of the proposed drastic overhaul of India’s takeover regulations.

Amarchand & Mangaldas, India’s biggest law firm, has all the trappings of a family-run enterprise including sibling rivalry. The Shroff brothers must quickly set their house in order, argues Forbes India magazine’s Shloka Nath.

Cleary Gottlieb Steen & Hamilton tax partner Nikhil Mehta has resigned and entered into a retainer agreement with Amarchand Mangaldas that could see him spend up to 40 per cent of his time doing non-Indian tax advice for the firm.

Amarchand Mangaldas Mumbai has created the role of chief operating officer (COO) and filled the post with a former UK firm’s COO who will create a 100-day-plan to improve internal management at the firm.

Amarchand Mangaldas Mumbai has advised Aditya Birla Group in the series of mergers between Grasim Industries, Samruddhi Cements and UltraTech Cements, creating India’s largest and the world’s tenth largest cement manufacturer.

Amarchand Mangaldas Mumbai has completed its student hires for the year after making pre-placement offers to nine law students from NUJS Kolkata last week.

The firm’s latest offers also included its first hire of a law student who is blind.

The Society of Indian Law Firms (SILF) is hoping to widen its appeal outside of its traditional centre Delhi by strengthening local metro chapters and inducting new committee members.

SILF’s Mumbai, Kolkata, Bangalore, Hyderabad and other regional chapters will be headed by prominent local lawyers.

Amarchand Mangaldas has acted for Wockhardt in selling 10 hospitals for Rs 909 crore ($186m) to Fortis Healthcare, which was advised by Vaish Associates in Mumbai.

India’s largest mortgage lender Housing Development and Finance Corporation (HDFC) has issued India’s first ever dual warrants and bonds instrument, which was structured by AZB & Partners, Amarchand Mangaldas and Linklaters Singapore to raise Rs 4000 crore ($822m) for the company.

Amarchand and US firm Shearman & Sterling jointly advised the Californian venture capital fund Norwest Venture Partners in buying Rs250 crore ($51m) in the National Stock Exchange of India (NSE) under new foreign investment rules.

Amarchand & Mangaldas & Suresh A Shroff & Co has significantly increased its recruitment of penultimate year students from one of India’s top law schools.

The firm’s Mumbai office has enlisted 11 fourth-year law students from National Law School of India University Bangalore (NLSIU).