Dhananjay Shahi, former senior vice president legal at Religare Enterprises, has joined Baring Private Equity Asia’s newly set up lending arm as head of legal and executive vice president.

Vaish Associates Mumbai office is hammering out a health insurance JV between its close client Religare Enterprises and global insurance company Swiss Re.

The Vaish team is being led by partner Bomi Daruwala, assisted by associates Amitjivan Joshi and Arti Narsana.

Swiss Re is understood to be represented by its global in-house team but is due to pick its domestic Indian legal representation soon.