Trilegal has elected Cyril Amarchand Mangaldas Bengaluru-based partner Mridul Kumbalath as a partner in its real estate practice.

Danaher finishes procurement of GE Healthcare’s Life Sciences division — Microbiozindia U.S. antitrust regulators cleared General Electric’s biopharma division sale to Danaher … The deal, which will bring $20 billion into GE’s coffers, is now slated to close March 31, in line with management’s expec...

Private equity major Blackstone has signed a deal to acquire Piramal Group’s Piramal Glass for around $1 billion. The deal contour includes an upfront payment of $850 million while Piramal Group will get approximately $150 million on achieving certain milestones, to be paid over 2 years. — Cnbctv18 ...

Norwegian conglomerate Orkla which owns MTR Foods has entered an agreement to buy a majority stake in Kerala’s largest spice player Eastern Condiments for Rs 2,000 crore with an aim to double up its spice presence in India. — Business Standard IC Universal Legal advised Eastern Condiments Private Li...

Trilegal’s partnership has completed the vote to induct Shardul Amarchand Mangaldas (SAM) Mumbai-based litigation partner, Nitesh Jain, as an equity partner.

Kishore Biyani has surrendered the ‘crown jewel’ of the Future Group by selling his retail business to billionaire Mukesh Ambani’s Reliance Retail in a stunning reversal of fortunes for a businessman who was once celebrated as India’s Retail King. — Moneycontrol Trilegal advised Future Group led by ...

It’s been raining cheques for Jio Platforms and the latest one, which came on Sunday, is from Qualcomm Ventures, the investment arm of Qualcomm Incorporated. Qualcomm Ventures has committed to invest up to ₹ 730 crore, which will translate into 0.15% equity stake in Reliance Industries’ digital unit...

“Reliance Industries Limited and Jio Platforms Limited announced today that Intel Capital will invest ₹ 1,894.50 crore in Jio Platforms at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore. Intel Capital’s investment will translate into a 0.39% equity stake in Jio Pla...

Fast-growing Swedish cloud computing services provider Sinch AB said on Monday it had agreed to buy Indian firm ACL Mobile for about $70 million (INR 5,350 million) in cash, its third large acquisition since the start of March. — Nytimes Dua Associates advised ACL Mobile led by a team of partners Mu...

As had long been an open secret in-and-outside of the firm, Trilegal co-founding partner Akshay Jaitly is retiring from the partnership and moving to Paris, as first reported by Bar & Bench today.

COWI A/S Denmark divested its aerial mapping business to Hexagon Group, with an India entity, COWI India, also forming part of the deal. COWI has signed an agreement to divest its aerial mapping business to the Hexagon Group, a global leader in sensor, software, and autonomous solutions. The acquisi...

The Competition Commission has approved the proposed merger between auto majors Peugeot SA and Fiat Chrysler Automobiles N.V. PSA is the holding company of a France-based group which is mainly an original equipment manufacturer and dealer of motor vehicles, passenger cars as well as light commercial...

Cyril Amarchand Mangaldas partners Shruti Rajan and Garima Joshi have been admitted to Trilegal‘s partnership, according to a press release from the firm.

Scoop: Some will have still picked up 100%, but overall the take home bonus pay may have reduced slightly

Inventus Capital Partners Fund II made a secondary sale of shares in Etechaces Marketing and Consulting Private Limited to Softbank fund SVF Python II (Cayman) Limited. Early-stage technology-focused fund Inventus Capital Partners recorded cash exits worth Rs 230 crore from three portfolio companies...

NEW DELHI : India’s largest power generation utility—NTPC Ltd—-on Thursday announced the Rs 11,500 crore acquisition of hydropower firms THDC India Ltd and North Eastern Electric Power Corporation Ltd. (Neepco), as part of one of the government’s largest asset-sale exercises. — Mint Trilegal advised...

Online food delivery and restaurant recommendation platform Zomato has raised close to $5 million (Rs 38.20 crore) from Pacific Horizon Investment Trust, a fund managed by British investment manager Baillie Gifford. According to documents filed by Zomato with the Registrar of Companies, and accessed...

Bengaluru: Ummeed Housing Finance Pvt. Ltd has raised ₹164 crore in a Series D equity round led by a fund managed by Morgan Stanley Private Equity Asia. — Mint Trilegal advised Morgan Stanley Private Equity Asia led by a team of partner Kunal Chandra , counsel Harshil Dalal , senior associate Akshat...

Online baby care brand Mamaearth has raised ₹130 crore (about $18.14 million) in a round led by Sequoia Capital India, the company said on Wednesday. Existing investors Fireside Ventures, Stellaris Venture Partners and Sharp Ventures also participated in the round. — Mint Shardul Amarchand Mangaldas...

MUMBAI: Centrum Housing Finance Ltd … said a fund managed by Morgan Stanley Private Equity Asia has agreed to invest ₹190 crore to acquire a significant minority stake in the affordable housing finance company. — Mint Trilegal advised NHPEA Kamet Holding B.V., a private equity fund managed by Morgan...