Trilegal Mumbai-based counsel Arun Joshi has joined Morgan Stanley’s India legal team as vice president legal.

Realty Major DLF Limited has entered into an agreement to sell a stake of 33.34% in its rental arm, DLF Cyber City Developers Limited (DCCDL) to Reco Diamond Private Limited, an affiliate of the Singapore sovereign wealth fund, GIC Group, in a multi-stage transaction for an aggregate value of US$ 1.9 billion, as reported by VCCircle and Business Standard.

Exclusive: Sudhir Bassi, Morgan Stanley managing director and head of corporate finance based in Mumbai, is set to join Khaitan & Co as a partner-level member of its capital markets practice.

Clifford Chance’s lateral Amarchand Mangaldas hire has reaped rewards, as Rahul Guptan brought the firm the third Indiabulls Group mandate this year, acting for its underwriting bank.