“PolicyBazaar, along with PaisaBazaar, has secured $238 million (Rs 1,600 crore) in equity financing led by SoftBank, the world’s largest technology investor, in the process joining a rapid succession of Indian enterprises being catapulted into the once-elusive Unicorn club”, reported the Economic T...

Trilegal counsel Shashank Jain joined as joined Vistara (Tata Sia Airlines) as head legal effective today.

UltraTech Cement, an Aditya Birla Group company and subsidiary of Grasim Industries, has announced the acquisition of the cement business unit of BK Birla-owned Century Textiles and Industries consisting of three integrated cement plants in Madhya Pradesh, Chhattisgarh and Maharashtra and one grindi...

Four Indian law firms are advising in world-record breaking sale of Indian unicorn Flipkart, the biggest domestic Amazon competitor, to Walmart.

“Larsen & Toubro, India’s largest engineering and construction company, will sell its electrical and automation business to European multinational Schneider Electric for Rs14,000 crore. This is part of L&T’s stated move to prune non-core businesses. The deal is subject to receiving regulat...

NLSIU Bangalore has already placed 46 out of 76 students who will graduate the LLB degree next year.

The Competition Appellate Tribunal (“COMPAT”) has been done away with and has been merged with the National Company Law Appellate Tribunal (“NCLAT”).

“Sumant Sinha-led Re-New Power Ventures has finalised the takeover of Ostro Energy for an enterprise value of Rs 10,800 crore ($1.66bn), the biggest M&A deal in the renewables sector,” reported the Economic Times . Trilegal Delhi partner Harsh Pais was instructed by Ostro general counsel (GC) R...

NLU Delhi has already placed 23 out of 78 students who will graduate LLB next year, including four foreign firm vacation schemes, with 10 of those jobs gained during the 24 March ‘Day Zero’ of recruitment at the law school.

Bengaluru-based packaged foods start-up Kottaram Agro Foods that markets its products under the brand Soulfull, has raised Rs 35 crores (around $5.4m) from India’s leading impact investment firm and part of the Aavishkaar-Intellecap Group, Aavishkaar Bharat Fund, as reported by Mint and The Economic...

Trilegal’s partnership has just voted to promote two of its counsel to its all-equity lockstep partnership, according to authoritative sources.

As reported in a number of publications, Richard Branson’s Virgin Hyperloop One is exploring entering India with the largely untested ultra-fast transportation technology.

Khaitan & Co has filed more IPO drafts than any other firm in 2017 just ahead of Cyril Amarchand Mangaldas, in a market where downward pricing pressures have made it tough across the board.

Ascendas India trust, part of the Ascendas-Singbridge Group has completed the acquisition of six warehouses in Panvel near Mumbai with logistics and supply chain company, Arshiya through a sale and leaseback agreement for an estimated Rs 534 crores (around $84m), as reported by The Economic Times . ...

Faridabad-based super-specialty hospital, Asian Institute of Medical Sciences, has raised an investment of Rs 139 crores ($21m) from UK-based development finance institution CDC Group in a frsh round of funding, as reported by VC Circle and Mint . Existing investor Orbimed which backed the healthcar...

Cyril Amarchand Mangaldas (CAM) Bangalore-based partner Reeba Chacko led for BigBasket, with partner Akshay Bhat and principal associate S Harish. The firm also acted for the existing investors.

The stake sale to the subsidiary of Chinese e-commerce giant Alibaba, values the online food ordering biz Zomato at $1.1bn, and has seen law firms AZB, Trilegal and JSA secure roles. Zomato has raised $150m from Ant Small and Micro Financial Services Group (Ant Financial), which is a payments affili...

Former J Sagar Associates (JSA) Mumbai principal associate Shaswata Dutta joined Trilegal Mumbai as counsel this month.

Trilegal has decided to close its Hyderabad office and to service existing clients from Bangalore, after its only partner in the city, Pavan Kumar, has decided to go independent. We have

While we normally don’t really report news on law firm business development (BD), this one’s quite interesting: Trilegal has hired the former Baker & McKenzie Hong Kong office BD and marketing director Anand Ramaswamy in Delhi, reported India Business Law Journal . He had been at Bakers for 13 ...