The President of India recently sold 10.19% of shares in HUDCO for Rs 1,209 crores ($188m) in an IPO in India and concurrent private placements outside the country (including a Rule 144A offering in the United States), as reported by The Times of India.

Khaitan & Co and Herbert Smith Freehills (HSF) advised Kotak Securities, ICICI Securities and Citigroup Global Markets on brokering a $175m (Rs 1,165 crore) offer for sale (OFS) by the Container Corporation of India (CONCOR) which was advised by Cyril Amarchand Mangaldas and Duane Morris. Khait...

Penningtons Manches partner and India co-head Saionton Basu has joined US firm Duane Morris’ London corporate practice, according to a press release from the firm . The NLSIU Bangalore graduate had joined Penningtons, as it was then called, in 2011 from Platinum Partners in Delhi , where he had retu...

Benson: Moving to the action Dorsey & Whitney London special counsel Jamie Benson, who has played a key role in several of the firm’s Indian capital markets transactions, has moved to the Singapore office of US law firm Duane Morris & Selvam to co-head its India practice. Benson, who speci...