Khaitan & Co has advised Waaree Energies, India's largest manufacturer and exporter of solar modules, on its $515 million initial public offering, with JSA Advocates & Solicitors and Hogan Lovells guiding the bookrunning lead managers.
Cyril Amarchand Mangaldas has advised Adani Group's Dubai-based firm Renew Exim DMCC on its acquisition of a 46.64 percent stake in ITD Cementation India for around $380 million from Italian-Thai Development Public Company, who was represented by Khaitan & Co.
Bengaluru-headquartered law firm Poovayya & Co has launched a dedicated data protection practice group after welcoming back former Interpol cybercrime counsel Harini Sudersan to head the team.
IndusLaw has continued to rebuild its capabilities across the board, adding G Madhusudhana as a partner in its Bengaluru-based real estate practice.
Shardul Amarchand Mangaldas & Co has advised Sona BLW Precision Forgings (Sona Comstar) on its $190 million agreement to acquire the Railway Equipment Division (RED) of Escorts Kubota (EKL), which was represented by DMD Advocates.
Indian boutique Aquilaw has added disputes attorney Neerav Merchant from Majmudar & Partners to head and grow its Mumbai office.
Wadia Ghandy has guided Kotak Mahindra on its acquisition of Standard Chartered Bank’s personal loan business in India for $490 million, with Cyril Amarchand Mangaldas advising Standard Chartered.
Indian law firm Trilegal has seen a rare recent partner departure, with banking expert Pranav Sharma rejoining Cyril Amarchand Mangaldas as an equity partner in Mumbai.
India’s economic growth is intrinsically linked to its infrastructure development, and the government is doing everything possible and more to attract private investment. However, concerns about a weaker NDA alliance, high counterparty risk, and a slow court system remain high on investors’ minds.
COVID-19 vaccine-maker AstraZeneca was in the spotlight in May following the company’s admission in a UK court proceeding of the possibility of a rare side effect, Thrombosis with Thrombocytopenia Syndrome (TTS) associated with its vaccines. More than 50 individuals have alleged the vaccine resulted in death and serious injuries from TTS.
As one of Japan’s Big Four law firms, Anderson Mori & Tomotsune has made it its mission to improve diversity and inclusion, or D&I, across the firm and Japan’s legal industry. ALB talks to Mari Itoh, a partner at AMT and a