AZB & Partners, Norton Rose Fulbright and Milbank, Tweed, Hadley & McCloy advised the joint lead managers the notes trustee on Delhi International Airport’s (DIAL) $288.75m issue of notes, on which DIAL was advised by Link Legal India Law Services and Davis Polk & Wardwell. AZB partne...

Link Legal India Law Services (LLILS) promoted capital markets principal associate Gautham Srinivas to salaried partnership in Delhi. NLSIU 2004 alum Srinivas worked at Amarchand Mangaldas Bangalore and Chennai until June 2013 when he left the firm as a principal associate in the capital markets pra...

Link Legal advised GMR Infrastructure which raised Rs 1,477 crore ($246m) through qualified institutional placement (QIP). Clifford Chance and Amarchand Mangaldas advised Merrill Lynch, Deutsche Bank, J.P. Morgan, Axis Capital and ICICI Securities who were the lead managers to the issue. Link Legal ...

The Union Budget 2014 – the new BJP government’s first budget presented by Arun Jaitley yesterday – failed, like its predecessors, in providing a definite path and timeline for the Goods and Service Tax (GST) regime, did nothing to address the problem of retrospective amendments, or to enact the Dir...

Deals round-up of more than a dozen recent instructions.

Link Legal advised GMR whose road development arm GMR Highways sold 74 per cent stake in its special purpose vehicle GMR Ulundurpet Expressways to IDFC’s India Infrastructure Fund for Rs 222 crore ($35m). IDFC was advised by Udwadia Udeshi & Argus Partners.

Khaitan & Co former indirect tax executive director Manish Mishra joined Link Legal - India Law Services as a partner on Monday.

Link Legal advised Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) and the Government of India in raising funding from public sector lender Japan Bank of International Corporation (JBIC). JBIC was advised by Indian Law Partners and Ashurst.

Amarchand top, Luthra 2nd, as Khaitan & Co makes first league table appearance in years.

AZB & Partners advised India-focused infrastructure fund Macquarie SBI in its Rs 206 crore ($40m) buy of 74 per cent equity in the GMR group’s road project GMR Jadcherla Expressways (GJEL). GMR was advised by Link Legal. AZB & Partners Mumbai co-founding partner Bahram Vakil, with senior a...

Exclusive: Amarchand Mangaldas has held fort as project finance leader for the second consecutive year since replacing Luthra & Luthra in 2011 at the top of the top 10, according to data provided by Dealogic. 10 front-runners this year produced less than half of the total projects revenue docketed in 2011.

Link Legal fully merged with project finance boutique India Law Services (ILS) in December to form Link Legal – India Law Services with 14 partners and 73 lawyers, to strengthen its Mumbai practice.

Trilegal, Amarchand Mangaldas, Singh & Singh, Link Legal, AZB & Partners, Vichar Partners, Universal Legal, Dua Associates, DSK Legal, White & Case, Nishith Desai & Associates, Desai & Diwanji, and more in the latest top instructions for law firms and lawyers…

Exclusive: Link Legal pipped last year’s leader Amarchand Mangaldas at the top of the 2012-half-year Dealogic project finance rankings, reporting seven deals worth Rs 27,106 crore ($4.9bn).

Corporate M&As continued to buttress law firm activity, while one NUJS graduate sweated it out with a high profile Delhi high court case. Khaitan & Co also kept busy in finance and capital markets, and projects and private equity proved solid.

Fourteen law firms kept busy in a sideways economy with 14 deals in corporate, private equity and banking and finance. Find out what the industry has been up to.

Exclusive: Amarchand and Mangaldas has replaced last year’s project finance leader Luthra & Luthra to secure the top rank among India’s 10 highest cap project deal firms in 2011, according to data provider Dealogic.

Exclusive: Project finance specialist India Law Services (ILS) has opened office its fourth office in Bangalore with former State Bank of India (SBI) lawyer as its head in a bid to capitalise on market opportunities in southern India.

Amarchand Mangaldas has taken an early lead in the 2011 Indian first quarter project finance rankings, racking up higher deal values than both Link Legal and last year’s busiest firm Luthra & Luthra combined, followed by Trilegal and Fox Mandal.

Exclusive: R&A Legal, S&R Associates, Latham & Watkins, Spanish firm Uria Menendez and India Law Services have advised on the internal restructuring of Spanish infrastructure company Grupo Isolux Corsan’s investments into an Indian Rs 4,518 crore ($997m) road project.