Canada-based Ag Growth International Inc has acquired 100% of the shares outstanding of Indian company Milltec Machinery Limited for $109.5m, plus up to $38.4m based on attaining future financial goals. The transaction was funded by AGI’s revolving credit facility,” reported the company about the sa...

“Sigma Systems, a leading global provider of create-sell-deliver software solutions for telecom, media, and high-tech companies, has entered into an agreement to be acquired by Australian based billing, data management and customer care company Hansen Technologies,” according to the company’s press ...

Khaitan & Co has bumped up its revenues in the 2018-19 financial year by 20 to 25% to cross Rs 600 crores, according to several authoritative sources with knowledge of the figures.

Reliance Industries has bought out iconic British toy chain Hamleys, after several years of subsidiary Reliance Retail under licence having expanded the brand in India to the 88 stores (out of 167 globally, in 18 countries), reported NDTV . Khaitan & Co acted for Reliance Industries ., led by p...

“India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT) will acquire five electricity transmission assets worth ?11,500 crore ($1.66 billion) from Sterlite Power,” reported Hindu Business Line . “Global alternative assets giant KKR is moving to acquire a controlling stake in Sterlit...

“Infrastructure major Larsen & Toubro has purchased around 20% stake of V.G. Siddhartha and Coffee Day in Mindtree through block deal for about Rs 3,210 crore,” reported Mint, about the purchase that was formally announced last week.

The deal represents an investment by TNB Topaz Energy Sdn. Bhd., a subsidiary of Tenaga Nasional Berhad, of up to INR 2,256,010,000 by way of subscription to compulsorily convertible debentures and equity shares issued by GMR Bajoli Holi Hydropower Private Limited, according to reports . “GMR Infras...

“Digital payments firm BharatPe has raised $15.5 million in a Series A round of funding from existing investors Sequoia Capital and Beenext, and new investor Insight Partners, it announced on Thursday,” reported Dealstreetasia . Khaitan & Co advised Insight Venture Partners , USA led by a team ...

Reliance Industries controlled Reliance Industrial Investment and Holdings (RIIHL), has picked up majority stakes in companies C-Square Info Solutions from the existing shareholders for up to Rs 22.04 crores ($3.1m) for acquisition of shares of up to Rs 60 crore ($8.6m), according to reports . Khait...

“GMR Hyderabad International Airport Limited, a GMR group company, Thursday said it is raising 300 million dollars from the overseas bond market for use in the expansion of Rajiv Gandhi International Airport here,” reported The Economic Times . The offering consists of 5.375% high yield bonds of 5 y...

“India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT) sponsored by Sterlite Power Grid Ventures Ltd, will raise ₹2,560 crore of primary capital through a qualified institutional placement (QIP) beginning Wednesday, said a person aware of the development,” reported Mint . Khaitan &...

“New age technology-led NBFC InCred has raised Rs 600 crore from a group of global investors in a move that will raise its equity capital. The latest funding round will increase the total equity capital of the company to over 1,000 crore,” reported The Economic Times , with funding from Alpha Capita...

“Vedanta Resources Friday said it has raised USD one billion through bonds and will use the net proceeds mainly to repay debt,” reported Mint . Khaitan & Co advised Vedanta Resources Finance II Plc and Vedanta Resources Limited led by a team of partner Manisha Shroff , principal associate Oishi...

KPIT listed of 27,41,43,808 equity shares of face value of Rs. 10 each on BSE Limited and the NSE pursuant to a Composite Scheme of Arrangement amongst KPIT Technologies Limited, KPIT Engineering Limited, Birlasoft (India) Limited and their respective shareholders, which was sanctioned by the Nation...

“Bulk tea producer McLeod Russel is selling three estates in Assam to city-based Luxmi Tea Company for an estimated value of around Rs 150.5 crore. In a notification to stock exchanges on Monday, McLeod Russel said, it has executed an agreement for sale of specified assets of Addabarie Tea Estate, M...

“British engine maker Rolls-Royce announced today it has agreed to sell its troubled commercial marine business to Norwegian industrial group Kongsberg for 500 million pounds. The deal, worth $661 million or 566 million euros, is part of a massive overhaul led by chief executive Warren East, Rolls-R...

US private equity major Blackstone has proposed acquiring a majority stake in Indian packaging company Essel Propack Ltd (EPL) for an amount up-to ?3,211 crore (approximately $462 million), according to Bloomberg . Trilegal advised Blackstone led by a team of partners Nishant Parikh and Anirudh Agar...

It is well known that nearly every Supreme Court case is in want of an advocate-on-record (AOR), and several lawyers and law firms have made this a core part of their Supreme Court practice. After analysing more than 120,000 of the Supreme Court’s daily orders from 2018, we have now compiled a list of the busiest advocate-on-record (AOR) firms in the apex court, according to the number of orders mentioning their names.

Kieraya Furnishing Solution secured a Series C4 funding from various investors, including Lightbox Ventures II, Lightbox Expansion Fund and Crescent Enterprises Limited. Khaitan & Co advised Lightbox Ventures II and Lightbox Expansion Fund, as well as Kieraya Furnishing Solutions Private Limite...

Pathology chain Metropolis Healthcare’s initial public offering (IPO) has seen major investor interest, raising Rs 1,204 crore, reported Mint and others. It is one of the few IPOs this year, in what has been a muted time for IPOs in the Indian capital markets. Khaitan & Co acted for the issuer,...