Deal credit given in RBL QIP IndusLaw’s new capital markets team has completed its first deal with deal credit in the prospectus, in the RBL Bank Limited qualified institutional placement ( QIP ), together with Khaitan & Co, Norton Rose Fulbright and L&L Partners. The QIP had raised Rs 2,2...

Bengaluru: Wingreens Farms Pvt Ltd, a food and beverage company, has raised ₹125 crore in a Series B round led by Zurich-based private equity fund responsAbility Investments AG, the company said. Existing investor Sequoia India also participated in the round. Existing investor Sequoia India also par...

City Football Group Limited acquired Mumbai City FC in a deal including diligence, pre-acquisition restructuring, drafting and negotiating the transaction documentation and advising on the Indian football regulatory framework, according to ET’s Brand Equity . City Football Group (CFG) has agreed a d...

Amsterdam-based Global University Systems (GUS) is in talks to buy the India business of US-based Laureate Education for at least Rs 1,200 crore, said two people familiar with the development. This will be one of the largest buyout deal in the private education space. — The Times of India The deal h...

Siemens Industry Inc and its affiliates entered into a global transaction involving Siemens’ acquisition of certain assets of Pixeom Inc, which included certain Indian law aspects in the asset transfer transaction, such as: Siemens Industry Software (India) Private Limited acquiring the relevant inf...

Private equity firm Advent International (Advent) has signed a definitive agreement to acquire a majority interest in Bharat Serums and Vaccines Limited for an undisclosed sum. Bharat Serums is a biopharmaceutical player in women’s healthcare, assisted reproductive treatment, critical care and emerg...

UrbanPiper Technology Pvt. Ltd, a software-as-a-service platform that enables online ordering for restaurants, said on Wednesday it has raised $7.5 million (Rs 68 crore) in its Series A round of funding led by Tiger Global Management and Sequoia Capital. — VCCircle Khaitan & Co advised Urbanpip...

Rainshine Entertainment Private Limited invested in a media company and development platform Medverve Impact Ventures Private Limited (“ATS”), according to Jerome Merchant & Partners. ATS is in the business of producing original journalism, documentaries and narrative non-fiction content across...

Muthoot Finance has commenced pricing of its three-year dollar-denominated bonds on Monday with the initial price target on the paper coming in at 6.375%. “The firm could be looking to raise anywhere between $300-450 million. The final price is likely to come down fairly from the initial guidance of...

Amazon is investing Rs 51 crore in Quess Corp, a provider of logistical, staffing and infrastructural solutions to businesses, for a 0.51% stake, the company disclosed in a regulatory filing. The investment will be going into the company’s subsidiary Qdigi Services, which provides after sales servic...

JSW Steel has raised Rs 2,000 crore from Life Insurance Corporation (LIC) through a bond offering. The company has raised fresh funds from 10-year bonds, at a yield of 8.79 percent payable quarterly, a source told Moneycontrol. — Moneycontrol The debentures were secured by a charge over specific fix...

Italtractor ITM SpA Group set up a joint venture in India together with DOZCO (India) Private Limited for the purposes of production of undercarriage components and the assembly of complete undercarriage solutions to optimise service to local and global customers, according to a company statement . ...

HCL Tech Ltd informed the exchanges on October 11, 2019, that it has completed acquisition of Sankalp Semiconductor Pvt. Ltd. HCL had announced the acquisition on Sep 9, 2019. The acquisition of Sankalp Semiconductor has been done for for Rs 180cr. The target co. is an advanced technology design ser...

metadesc: Khaitan & Co advised Grasim Industries Limited led by a core transaction team of partner Nikhilesh Panchal , principal associate Purti Minawala , associate Shayak Sircar , associate Chintan Aaswhini and associate Mohit Rai with assistance from real estate partner Devendra Deshmukh and...

Reliance Industries’ subsidiary Haptik said on Tuesday it had acquired Buzzo.ai, a Mumbai-based conversational commerce startup. Haptik is a conversational artificial intelligence firm that was acquired by Reliance Jio, the telecom unit of Reliance Industries, earlier this year. — The Economic Times...

Ford Motor Co. will cede control of most of its India operations to Mahindra and Mahindra Ltd (M&M), underscoring the US company’s long-drawn struggles to make a bigger dent in the world’s fourth-largest automobile market

metadesc: Khaitan & Co advised Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden (FMO) led by partner Siddharth Shah , principal associate Vinita Choudhury , associate Tanvi Arora , and associate Saumya Kakkar with assistance from senior associate Rohit Jayaraman , associate Khusb...

Nippon Express, Japan’s largest logistics company is buying a 22 per cent stake in Future Group’s listed logistics arm Future Supply Chain Solutions (FSC) for Rs 646 crore through a combination of primary issuance of shares and secondary purchase of shares, the company said on Friday as global major...

As some of the world (including lots of youngsters) have been protesting for action against global heating for the past week, we have taken a look at whether India’s legal profession and law schools have done much (and if they can do better).

Generico, which runs a network of offline pharmacies selling generic drugs exclusively, has raised a Series-B round of funding led by venture capital firm Lightbox Ventures, said a senior executive. — Mint INDUSLAW advised WorkCell Solutions Private Limited (“Generico”) led by a team of partner Jinn...