India’s Anagram Partners guides Investcorp’s $120 mln NSE investment
BY Nimitt Dixit |Anagram Partners has advised Bahrain-based alternative investment firm Investcorp on its deal to acquire the digital technology services business of India’s National Stock Exchange for $120 million.
Khaitan, JSA advise on $168 mln Manipal-Medica deal
BY Nimitt Dixit |Khaitan & Co has guided India’s second-largest healthcare provider, Manipal Hospitals, on its acquisition of an 87 percent stake in Kolkata-based hospital chain Medica Synergie for $168 million.
Luthra hires in-house pro in Hyderabad
BY Nimitt Dixit |Luthra and Luthra Law Offices India has become the latest in a string of firms to add in-house experience to its partner ranks, adding compliance and intellectual property specialist Suprio Dasgupta in Hyderabad.
CAM, AZB guide Godrej group family settlement
BY Nimitt Dixit |Cyril Amarchand Mangaldas and AZB & Partners have guided the division of India’s Godrej conglomerate between two branches of the Godrej family, with Adi Godrej and Nadir Godrej-led side represented by CAM and the Jamshyd Godrej and Smita Godrej Crishna-led branch advised by AZB.
CAM, Khaitan drive $168 mln Aditya Birla Sun OFS
BY Nimitt Dixit |Indian law firm Cyril Amarchand Mangaldas has advised Aditya Birla Capital on the offer for sale of equity shares of Aditya Birla Sun Life AMC (AMC) that raised approximately $168 million, with Khaitan & Co represented the brokers to the offer.
Trilegal counsel becomes JSA’s third partner hire in a month
BY Nimitt Dixit |Indian law firm J. Sagar Associates continued its hiring streak with the addition of Anurag Shrivastav as a partner in the firm’s corporate practice. Shrivastav was previously a counsel at Trilegal.
Death of a Tribunal: How India's NCLT Fades in Influence
BY Nimitt Dixit |Lack of judicial capacity, incompetency, and frivolous litigation in the National Company Law Tribunal (NCLT) have led to decreased values and increased timelines for debt recovery under India’s bankruptcy code, driving financial creditors and prospective debt buyers away from India’s foremost stressed asset resolution scheme.
Khaitan & Co introduces dedicated AI Group to boost practice offering
BY Mari Iwata |India’s Khaitan & Co has announced the creation of a specialised artificial intelligence (AI) group, integrating AI-focused lawyers from different practice areas within the firm.
CAM, JSA advise on NHAI InvIT $870 mln investment top-up
BY Nimitt Dixit |Indian law firm Cyril Amarchand Mangaldas has advised NHAI InvIT (National Highways Infra Trust) (NHIT), a privately listed infrastructure investment trust, on the $740 million issuance of its units by way of an institutional placement to eligible investors.
SAM picks up CAM capital markets partner in Mumbai
BY Nimitt Dixit |Indian law firm Shardul Amarchand Mangaldas & Co has hired a second capital markets partner in 2024 with the addition of partner Rohit Tiwari from rival Cyril Amarchand Mangaldas in Mumbai.
JSA makes 2nd partner hire in a week as disputes lawyer returns
BY Nimitt Dixit |Indian law firm J. Sagar Associates has added a second partner in a week after welcoming back disputes pro Harshavardhan Abburi in Hyderabad. He becomes the firm’s only partner based in the southern city.
India In-house Roundup: April 2024
BY Mari Iwata |The Times of India, Property Share, Aseem Infrastructure Finance, Angel One, and Elan Group have made senior in-house legal hires.