Amarchand Mangaldas and AZB & Partners capital markets teams have sewn up Tata Steel’s $493m (Rs 2,550 crore) convertible bond swap, marking the third joint instruction for the firms on similar deals in the past half-year.

AZB & Partners, Khaitan & Co and Jones Day’s Hong Kong office have advised Jai Balaji Industries on its proposed Rs 450 crore ($94m) qualified institutional placement (QIP), which is yet to be announced.