Articles tagged with: Economic Laws Practice (ELP)

HSA hires ELP associate partner Ravi Jain into Mumbai projects & infra corporate

HSA Advocates has hired Ravi Jain from Economic Laws Practice (ELP) as a partner in its projects, energy & infrastructure practice.

Desai & D, ELP act on Piramal Pharma’s $106m takeover of Hemmo

Piramal Pharma Solutions (PPS) made this third acquisition of FY21 as it entered into an agreement to purchase a 100% stake in Hemmo Pharmaceuticals Pvt. Ltd for ₹775 crore, the companies said in a joint statement on Wednesday. PPS is the contract development and manufacturing organization (CDMO) of...

Samvad, ELP on health-tech Genworks $8.8m raise by Somerset Indus Capital (May ‘19)

GenWorks, a health-tech startup spun off by General Electric’s (GE’s) healthcare arm Wipro GE Healthcare has raised Rs 65 crore from PE firm Somerset Indus Capital Partners for a 30% stake. — The Times of India Samvad Partners advised Genworks Health Private Limited on all aspects of the transaction...

ELP acts on Bharat Rasayan $60m JV with Japan’s NCC (Feb ‘20)

Bharat Rasayan Limited, an Indian listed company has executed a joint venture agreement with Japan based, Nissan Chemical Corporation with the total investment value amounting over INR 441 crores (USD 60 million), as per the press release by Bharat Group . The newly formed JV named as Nissan Bharat ...

ELP promotes 2 to equity partnership of 12, including first fully-homegrown Nalsarite

Economic Laws Practice (ELP) has expanded its equity partnership to 12 by promoting Kumar Visalaksh and Ashish Prasad to equity partners.

ELP hires AZB counsel Vinay Butani as partner, promotes 17 to non-equity partner roles

Economic Laws Practice (ELP) has hired AZB & Partners counsel Vinay Butani as a partner in its corporate commercial practice, while promoting 17 others into senior non-equity-partner-equivalent roles.

ELP partner Tushar Ajinkya starts ThinkLaw with team & longer term mid-size boutique ambitions

Economic Laws Practice (ELP) partner Tushar Ajinkya and his team including associate partner Ankita Kashyap and three others, have set up a boutique corporate law firm in Mumbai.

ELP, CAM, Simpsons, KE on One BKC offices sale to Blackstone for $330m (Jun ‘19)

In line with its strategy to invest in Indian real estate, American private equity major Blackstone has struck agreed to buy nearly 0.7 million sqft of office space in One BKC from the city-based developer Radius, for a reported Rs 2,500 crore, making it the largest deal in the country’s office spac...

Indus, ELP act on NSE Academy’s buy of deep tech edu co TalentSprint

NSE Academy on Tuesday announced the acquisition of majority stake in deep tech education firm TalentSprint. NSE Academy is wholly-owned subsidiary of National Stock Exchange Ltd… Hyderabad-based TalentSprint offers advanced certification programmes in emerging and deep technologies to professionals...

ELP, IC Universal act on $13m Prozone 50% buy into Oshiwara RE project

Prozone Group and its affiliates acquired a 50% stake in a real estate project being developed at Oshiwara, Andheri, Mumbai, by the Paradigm Group, a renowned real estate group based in Mumbai. The project is a redevelopment project governed by Slum Rehabilitation Authority (“SRA”), Mumbai. The tran...

ELP adds to direct tax practice with ex-Dhruva, KPMG, PwC partner Saumil Shah + team

Economic Laws Practice (ELP) has expanded its direct tax practice, hiring chartered accountant and Dhruva Advisors partner Saumil Shah as a director in Mumbai.

ELP equity Darshan Upadhyay + 3 corp partners Gada, Manubarwala, Pandya start up ‘acutely focused’ Stratage

Economic Laws Practice (ELP) equity partner Darshan Upadhyay and partners Shyam Pandya, Amit Manubarwala and Bhavin Gada, have started up a specialist corporate firm called Stratage Law Partners.

L&L, ELP act on UK’s Inflexion PE buy of medical science database service Pharmaspectra

UK-based Inflexion Private Equity (“Inflexion”), a mid-market private equity fund with a portfolio of more than 70 operating companies around the world, has bought Pharmaspectra LLC, which provides scientific knowledge services for the medical and pharmaceutical industry. Inflexion is pleased to ann...

Firm expects ‘tough decisions’ in PM speech • [18+] now in work-from-home mode • Dua opts for other measures

From today, nearly all of Khaitan & Co lawyers and support staff will officially have the option of working from home, in a bid to reduce the risk of spreading the novel coronavirus (COVID-19) amongst its workforce.

AZB, ELP, Wadia G act on $24m Novotel Pune, Seapearl sale to Chalet Hotels

Chalet Hotels Limited (Chalet), today signed a Share Purchase Agreement (SPA) for the purchase of Belaire Hotels Private Limited (BHPL), owner of Novotel Pune Nagar Road Hotel and its affiliate entity Seapearl Hotels Private Limited (SHPL) based on an aggregate enterprise value of ~Rs.290 crore. — E...

HSA hires ex-ELP partner, Khaitan director Ashutosh Gupta as chief strategy officer & partner

HSA Advocates has hired Economic Laws Practice (ELP) partner Ashutosh Gupta as a partner and as chief strategy officer.

LKS, ELP help Sino-Japanese metal players go West in JV with India’s SteelMint

Mining market intelligence providers Metal One Corporation, Japan and Shanghai Ganglian E-Commerce Holdings Co. Ltd., China and three founder shareholders of India’s leading steel information company, SteelMint, have entered into a joint venture, selling a majority stake to the . Metal One and Gangl...

ELP hires AZB’s Ravi Jain as associate partner

Economic Laws Practice (ELP) has beefed up its Mumbai infrastructure practice with the hire of Ravi Jain from AZB & Partners, where he was a senior transactional lawyer.

ELP team of MP Devnath re-unites into 7-partner LKS (+NLU-J) alum firm of S Seetharaman, re-brands as Sarvada Legal

Economic Laws Practice (ELP) indirect tax partners MP Devnath and Vivek Sharma, and associate partner Abhishek Anand, who had joined in 2017 after leaving Lakshmikumaran & Sridharan (LKS), have joined Seetharaman & Associates, which has now rebranded to Sarvada Legal.

Former ELP partner Deep Roy starts finance + fashionable insolvency boutique law firm Equilex

Former Economic Laws Practice (ELP) partner Deep Roy, whom we had reported to have resigned in March, has started up a boutique firm under the name Equilex, in the finance and sexy flavour-of-the-month insolvency space.