Kirloskar Oil Engines Limited, manufacturers of diesel engines, gensets and agricultural pumpsets, have entered into an agreement to acquire a majority stake of 76% in La-Gajjar Machineries Pvt. Ltd., the maker of Varuna and Raindrop brands of electric pumps, as reported by Livemint.

Kirloskar Oil Engines Limited, manufacturers of diesel engines, gensets and agricultural pumpsets, have entered into an agreement to acquire a majority stake of 76% in La-Gajjar Machineries Pvt. Ltd., the maker of Varuna and Raindrop brands of electric pumps, as reported by Livemint.

PDS Legal lost 10 lawyers and four support staff in its direct tax practice after they followed former PDS partner Deepak Chopra to AZB & Partners, effective 1 December.

PDS Legal partner Deepak Chopra will join AZB & Partners in Delhi as a partner and the head of its tax litigation practice, according to a press release from the firm.

PDS Legal advised Tata Capital Healthcare Fund on selling its shares in Sandor Nephro Services, which was advised by Fox Mandal, to Fresenius Medical Care which was advised by Samvad Partners.

PDS Legal won relief from entry tax, for e-commerce major Flipkart’s logistics arm Instakart, in the Patna high court.

PDS Legal and Desai & Diwanji together acted for the Wadia group-owned airline GoAir in its order to buy another 72 Airbus 320 NEO aircrafts for around $7.7bn.

PDS Legal advised Minda Corporation on its more than Rs 45 crore ($6.8m) buy of Panalfa Autoelektrik which was advised by PRA Law Offices. PDS principal associate Anirudh Mukherjee, senior associates Karuna Thapa and Deepti Thakkar and associates Samyukta Damojipurapu and Ankita Jain acted for Minda...

PDS Legal won Rs 49.82 crore Value Added Tax (VAT) relief for Flipkart in the Allahabad high court which ordered the Uttar Pradesh VAT department to refund that amount to Flipkart, with interest, and also ordered the department’s concerned tax officer to pay Rs 2 lakh, in litigation cost, to the e-c...

Samvad and Head Partnership advised IDG Ventures India Fund, Pandara Trust Scheme and Kalaari Capital Partners on their $2m investment, alongside investor 500 Startups, in digital media platform POPxo which was advised by PDS Legal and Gordon Dadds. 500 was advised by Penningtons Manches. Samvad par...

Can your accountant also assist you on drafting a joint venture agreement? Or is this work best left to a lawyer to check for compliance with various rules and legislation? And what happens when one company drops a nasty legal notice on the former joint venture partner? Is when things get contentious and litigious the line where only a lawyer can step in and take care of business?

The Society of Indian Law Firms (SILF) will complain to the Bar Council of Delhi in the coming week against PDS Legal, Advaita Legal and other Indian law firms that are best friends with accountancy firms, as a follow-up to its recent complaints in the council against the Big Four consultancies E&Y, KPMG, PwC and Deloitte for their alleged unauthorized practice of law.

The global chartered accountancy (CA) firms dwarf even global law firms in revenue and have increasingly been getting into legal services, with PwC’s legal arm now having a headcount of lawyers equivalent to the world’s tenth-largest firm already generating $500m per year from law , reports the Econ...

PDS Legal, the law firm closely allied to Big Four consultancy Ernst & Young (E&Y), is set to boost its M&A practice with the arrival of Desai & Diwanji Mumbai partners Monika Deshmukh and Vihang Virkar.

Economic Laws Practice (ELP) won for Bharti Airtel, PDS Legal for Ernst & Young (E&Y), Lakshmikumaran & Sridharan (LKS) for Ultratech Concrete, and Global Legal Associates for ITC Welcome Group in the Delhi high court on Tuesday against the Service Tax Department.

PDS & Associates has acted for steel maker Mukand Limited in its Rs 160 crore rights issue, which was filed with the Securities Exchange Board of India (SEBI), the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) last week. Board approval was granted in June . PDS Mumbai partne...

Economic Laws Practice (ELP) litigation head and equity partner Tarun Gulati has resigned with around 11 associates in Delhi.