Luthra & Luthra has promoted 2010 Clifford Chance hire and managing associate Indraneel Basu Majumdar to partner in capital markets, swelling the department’s ranks to three non-equity partners and aiming to build up a debt capital markets practice.

Luthra & Luthra’s capital markets practice has increased its leverage structure with the hire of its alumni Indraneel Basu Majumdar as a managing associate on “partnership track” from Clifford Chance.