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Former SEBI expert to boost CAM’s dispute resolution practice

Former SEBI executive Vanya Singh joins Cyril Amarchand Mangaldas as a partner in Mumbai

Firms steer India e-commerce company Meesho’s proposed IPO

SAM, CAM, Khaitan & Co and Latham & Watkins advised on Meesho’s proposed USD483 million IPO in India

CAM, Trilegal, Hogan Lovells steer Runwal’s INR20bn IPO bid

Runwal Developers plans a major INR20 billion IPO, advised by Cyril Amarchand Mangaldas and Trilegal

BCI issues new press release on law firm tie-ups

The Bar Council of India (BCI) withdrew its 5 August press release naming Dentons Link Legal and CMS IndusLaw and issued a new one addressing law firm collaborations.

Firms advise Tata Capital IPO, largest in 2025

Tata Capital launches India’s largest NBFC IPO led by top law firms

Firms deliver on IHC’s USD1bn stake buy in India’s Sammaan

IHC’s billion-dollar investment boosts Sammaan Capital’s growth in India’s NBFC sector

Hospitals in India a healthy investment opportunity

By Anand Jayachandran and Aditya Prasad, Cyril Amarchand Mangaldas

Foreign investors find India’s hospital sector an appealing opportunity with strong growth and regulatory maturity

SAM, CAM, Latham steer LG Electronics India’s USD1.3bn IPO

LG Electronics India launches USD1.3 billion IPO advised by top law firms

Game over?

With harsh law, India’s real money gaming sector gets ‘fragged’ by the government

CAM acts on Adani-DGPC’s first hydroelectric JV in Bhutan

Adani Power, DGPC form JV for 570MW Bhutan hydro project

CAM acts for IndianOil-Adani Gas on USD156.6m CCD issue

IndianOil-Adani Gas issues INR13.78b CCDs, a first in city gas distribution

The legal appeal

How is Pune’s legal market faring while being situated next to India’s financial capital

India offers foreign companies even greater incentives

By Ratnadeep Roychowdhury and Twinkle Tiwari, Cyril Amarchand Mangaldas

RBI clarifies rules for FOCCs, easing equity swaps and deferred payments, boosting foreign investment flexibility

Akshay Jeet Bhat quits CAM, establishes First Principles Law

Former CAM partner Akshay Jeet Bhat has launched First Principles Law

Abhishek Kalra returns to Cyril Amarchand’s corporate team

Abhishek Kalra rejoins Cyril Amarchand Mangaldas as a partner in the corporate practice at the Mumbai office

Firms guide HDB Financial’s listing, India’s 5th largest IPO

HDB Financial Services’ IPO raises USD1.45 billion, marking India’s largest NBFC listing

Firms guide Anthem Biosciences’ USD359m IPO on BSE, NSE

Cyril Amarchand, Trilegal and White & Case advised on Anthem Biosciences’ INR33.95 billion IPO, oversubscribed nearly 64 times

CAM, Khaitan act on Adani sale to Singapore’s Lence

CAM and Khaitan & Co advised on Adani’s USD832 million exit from its FMCG JV with Wilmar International

Clearer share issue regulations a real bonus

By Bharath Reddy and Simran Jain, Cyril Amarchand Mangaldas

India clarifies that companies in FDI-prohibited sectors can issue bonus shares to existing foreign shareholders

Firms guide INR13bn TVS Infrastructure Trust IPO in India

JSA, CAM and SAM advise on TVS InvIT’s INR13 billion IPO, India’s largest warehousing-focused InvIT listing

FDI in manufacturing, Make in India: A decade in review

By Akila Agrawal and Sreetama Sen, Cyril Amarchand Mangaldas

India attracted USD165.1 billion in FDI to manufacturing over 10 years, boosted by Make in India and related reforms

Iqbal Khan set to join CAM with team, Ambarish to rejoin SAM

Iqbal Khan joins Cyril Amarchand Mangaldas in Mumbai with his 12-member corporate team

Nishith Mehta to head CAM’s financial regulatory, compliance

Nishith Mehta will lead Cyril Amarchand Mangaldas’ financial regulatory and compliance practice, bringing over 25 years of industry experience

Mihir Rale to join CAM as partner, co-head digital practice

Mihir Rale is set to join Cyril Amarchand Mangaldas as partner and co-head of the digital practice, bringing deep expertise from his time at Star and Disney India

Oishika Dasgupta rejoins CAM, boosts capital markets team

Oishika Dasgupta returns to CAM as capital markets partner in Mumbai

Rachika Sahay to boost CAM’s infrastructure practice

Rachika Sahay joins Cyril Amarchand Mangaldas as partner in Delhi-NCR, bringing deep energy and infrastructure expertise

TT&A, CAM, SAM act on Nestlé’s first investment in Indian brand

Nestlé makes first Indian brand investment with a stake in pet food company Drools India

India aims for USD2 trillion FDI market

By Smruti Shah and Sparsh Khosla, Cyril Amarchand Mangaldas

India advances FDI growth with liberalised policies and strategic global partnerships

Muscling in

Alternative legal providers are growing fast, but will law firms lose traditional work as a result?

CAM, IndusLaw act on Sojitz’s USD400m India renewables stake

Sojitz invests in India’s biomethane sector with IOCL and GPS Renewables

IBLJ Law Firm Awards, 2025

India’s definitive legal awards celebrate and commend innovation, expertise, and excellence in the profession

CAM, Agram guide Adani-GEMS USD236m education initiative

Cyril Amarchand Mangaldas advised Adani on its USD236.69 million partnership with GEMS to create world-class schools in India

Firms guide Adani Ports on USD2.04bn Australian acquisition

CAM, Ashurst, and PwC advise APSEZ on its USD2.04 billion acquisition of Abbot Point Port Holdings

Cyril Amarchand guides Coventry University’s GIFT City foray

Cyril Amarchand Mangaldas advises Coventry University on setting up India’s first approved English university campus in GIFT City

Varun Kalsi assumes director role at CAM Singapore

Varun Kalsi has joined Cyril Amarchand Mangaldas’ Singapore office as director in the private client practice

CAM, Dua advise on Kwality Animal Feeds’ USD35m sale to IPA

Kwality Animal Feeds sold to Indian Poultry Alliance for INR3 billion, with post-acquisition investments planned

Firms lead on Cerebrus minority investment in Aquatech

CAM, Cooley, S&R Associates, and Saul Ewing advised on Cerberus Capital’s minority investment in Aquatech International for an undisclosed amount

Firms aid Goldman Sachs’ USD130m stake buy in PeopleStrong

IndusLaw, CAM, Herbert Smith Freehills, and Argus Partners advised on Goldman Sachs Alternatives’ majority stake acquisition in PeopleStrong Technologies

AZB, CAM and JSA act on IDFC First Bank’s USD881m fundraise

AZB, CAM, and JSA advised on IDFC FIRST Bank’s INR75 billion fundraising from Warburg Pincus and ADIA

AZB, CAM and Cooley act on Reliance’s RISE esports JV

AZB, CAM, and Cooley advised on the RISE esports joint venture between Reliance’s RISE Worldwide and Denmark-based BLAST Esports

CAM, AZB advise on USD407m ITC acquisition of CPP

CAM and AZB advised on ITC’s USD407m acquisition of Century Pulp and Paper from Aditya Birla Real Estate

CAM, Khaitan act on Bain’s USD510m Manappuram investment

CAM and Khaitan & Co are advising Bain Capital on its proposed INR43.85 billion investment in Manappuram Finance

Prajna Mohapatra makes comeback at Cyril Amarchand

Mohapatra, previously a counsel at Trilegal, is a qualified lawyer with more than 10 years of experience, focusing on M&A, and private equity

Anirban Mohapatra returns to Cyril Amarchand as partner

Anirban Mohapatra rejoined Cyril Amarchand Mangaldas as a partner in its TMT practice at the Mumbai office

The International A-list 2025

We reveal the most-recommended foreign lawyers for India-related matters

Deals of the Year 2024

The most complex and interesting deals and disputes that have taken place in the past year

Sugandha Asthana boosts CAM’s banking, finance practice

Sugandha Asthana joins CAM Mumbai’s banking and finance practice with nearly 20 years of experience

Trio acts on Carlyle’s USD400m buy of automotive parts pair

Trilegal, CAM, and Touchstone advised Carlyle on its $400M majority stake in Roop Automotives and Highway Industries

Trio advises eye care company Dr Agarwal’s USD349m IPO

CAM, Sidley Austin, and S&R Associates advised Dr Agarwal’s Health Care IPO, raising USD348.6 million

Vaibhav Suri brings team to boost CAM’s real estate practice

Vaibhav Suri and seven lawyers join CAM as a partner in its Delhi-NCR real estate practice

Quartet acts on HUL’s USD350m buy of Minimalist skincare

CAM, IndusLaw, Trilegal, and Khaitan & Co advised on Hindustan Unilever’s $350M acquisition of a 90.5% stake in Minimalist

Cyril Amarchand Mangaldas embarks on an AI-first future

Cyril Amarchand Mangaldas has integrated AI-powered technologies into its legal and business functions

Comparison of legal developments in private equity

Explore key trends and challenges in private equity disputes in China and India

India’s distinctive private equity pathway

By Cyril Shroff, Rohan Ghosh Roy and Saloni Shroff, Cyril Amarchand Mangaldas

Pritha Chatterjee joins JSA as retained partner

Pritha Chatterjee has joined JSA as a retained partner in its banking and finance practice, bringing eight years of experience

Trio advises on Adani’s USD2bn exit from Adani Wilmar

Khaitan & Co and CAM advised in Wilmar Intl's USD2 billion acquisition of 31.06% Adani Wilmar equity from Adani Commodities via sale to Singapore's Lence

Manmeet Singh leaves Saraf, joins CAM with three partners

Manmeet Singh and team join Cyril Amarchand Mangaldas as dispute resolution partners

CAM’s Gyanendra Kumar leaves to become senior advocate

Cyril Amarchand Mangaldas partner Gyanendra Kumar was designated a senior advocate by Delhi High Court, requiring him to step down from his partnership

Trio acts for Godrej Properties’ USD722m QIP

Cyril Amarchand Mangaldas, Trilegal, and Sidley Austin advised on Godrej Properties’ INR60 billion (USD723 million) equity QIP

Future Legal Leaders 2025

In an era where robust leadership is vital for success in the legal sector, India Business Law Journal recognises the rising stars of India’s legal community

Luthra and Luthra recruits two partner designates

Monalisa Kosaria and Saswat Mohanty are now partner designates for dispute resolution and capital markets at Luthra Law Offices

Digital fraud: India’s wild frontier

Outlaw fraudsters are hitching a ride as digital payments soar in india

Three firms advise on SarvaGram securing USD65m in funding

IndusLaw advised SarvaGram on raising USD65 million in its Series D funding

Trio counsels on USD260m Niva Bupa Health Insurance IPO

Cyril Amarchand Mangaldas, Shardul Amarchand Mangaldas & Co, and White & Case advised on Niva Bupa Health Insurance's IPO

A mixed blessing

Part two of our legaltech series explores how AI adoption drives innovation while raising fresh questions, writes Brian Yap

Six firms deliver Swiggy’s USD1.3bn IPO to home market

Swiggy's USD1.35 billion IPO on November 13, 2024, became India's second-largest debut in 2024

CAM, Luthra and Luthra act on USD863m Adani Hybrid loan

These funds support a 1,190MW hybrid renewable energy project in Gujarat, India, combining solar and wind power

Quartet steers USD3.3bn Hyundai India IPO

Shardul Amarchand, Latham & Watkins, White & Case, and Cyril Amarchand advised on Hyundai Motor India’s USD3.3 billion IPO

CAM welcomes former consultant’s return as partner

Gayathri Ramachandran has rejoined Cyril Amarchand Mangaldas as a partner in the capital markets practice, based in the Bengaluru office

CAM counsels Coromandel on 8.82% BMCC acquisition

Cyril Amarchand Mangaldas advised Coromandel Chemicals and Coromandel International on acquiring an additional equity stake in Senegal's Baobab Mining and Chemicals Corporation

Cyril Amarchand recruits Rohan Ghosh Roy as equity partner

Rohan Ghosh Roy is joining Cyril Amarchand Mangaldas as an equity partner in its Mumbai corporate practice

CAM, Khaitan and Linklaters advise on USD786m Bajaj IPO

Cyril Amarchand Mangaldas (CAM), Khaitan & Co and Linklaters have assisted on Bajaj Housing Finance’s INR65.6 billion

Weighed down

Institutional arbitration centres have a long way to go before they can become the preferred choice for clients

CAM, Latham and Trilegal assist on Adani Energy’s USD1bn QIP

Adani Energy, a prominent player in India's power sector, secures the largest QIP this year

Seven firms deliver baby products retailer FirstCry’s IPO

FirstCry's IPO, oversubscribed at 12.2times, debuted on the National Stock Exchange with a 40% premium

Linklaters, CAM advises on Piramal Capital’s USD300m notes

Linklaters and CAM advised on Piramal Capital's debut USD300m senior sustainability notes due in 2028, marking its first overseas bond

Quartet counsels on USD730m Ola Electric IPO in India

CAM, Latham & Watkins, Linklaters, and SAM advised on Ola Electric Mobility's USD730 million IPO, a major debut on the BSE and NSE in 2024

CAM hiring spree ramps up, adding 4 partners, 128 graduates

Cyril Amarchand Mangaldas has recruited 128 graduates and four partners – Jay Parikh, Alok Sonker, Sowmya Kumar and Mohit Gogia

Manan Lahoty, team of 48 leave IndusLaw for CAM

Manan Lahoty, capital markets practice head at IndusLaw is leaving the firm with his team of eight partners and 45 associates to join Cyril Amarchand Mangaldas

CAM promotes 15 to partnership in three offices

Cyril Amarchand Mangaldas has promoted 15 lawyers in various practice groups to partnership in Mumbai, Delhi NCR and Ahmedabad

Pranav Sharma returns to CAM as equity partner

Pranav Sharma, a lawyer with more than 23 years of experience in banking, finance, and debt capital markets

Dhananjay Kumar joins South Square in UK, to continue at CAM

Dhananjay Kumar, partner and head of restructuring and insolvency at CAM, has joined South Square, a leading commercial law chambers in London.

Indian Law Firm Awards 2024

We recognise the ingenuity and achievements of the country’s top law firms

Cyril Amarchand, AZB act for Godrej family in settlement

Cyril Amarchand Mangaldas and AZB & Partners are acting for two branches of the Godrej family advising on a settlement arrangement

Rohit Tiwari bolsters capital markets at Shardul Amarchand

Rohit Tiwari has joined Shardul Amarchand Mangaldas & Co as a partner in the capital markets practice and will be based in the Mumbai office

Shardul Amarchand advises on INR32bn Apollo Hospitals deal

Shardul Amarchand Mangaldas & Co has advised Apollo Hospitals Enterprise Limited (AHEL) and Apollo Healthco in a multi-phase transaction

Singapore A-List: Top 100 lawyers

Asia Business Law Journal reveals the leading talent in Singapore’s legal profession

On the move

Elections, political tensions, accelerated regulation and shifting sands of opportunity are some of the factors influencing law firm movements in the region

Revanta Mathur second hire to boost CAM’s IP practice

Revanta Mathur has joined Cyril Amarchand Mangaldas as a partner in Delhi-NCR, becoming the second hire since September 2023 to bolster the IP practice

On the move

Elections, political tensions, accelerated regulation and shifting sands of opportunity are some of the factors influencing law firm movements in the region

Tanay Agarwal secures promotion to TT&A partnership

Tanay Agarwal has been promoted at TT&A as a partner in the banking and finance team, which will strengthen the practice's solid reputation

Cyril Amarchand Mangaldas extends footprint into Abu Dhabi

Cyril Amarchand Mangaldas (CAM), one of India’s top law firms, has established a new office in Abu Dhabi, UAE

Deals of the Year 2023

India Business Law Journal reveals 50 standout deals and disputes of 2023, and the law firms that successfully concluded them

Three firms act on Conagra’s USD78m divestment of Indian unit

Three law firms assisted on the USD78 million divestment of a controlling stake in Conagra Brands’ Indian subsidiary Agro Tech Foods Limited

Flow interrupted!

Why an RBI directive on alternative investment funds spells trouble for banks and NBFCs

In-house Counsel Awards 2023-24

In-house counsel and corporate legal teams honoured by their peers for outstanding legal work. Katherine Abraham reports

Legal luminaries celebrate at SCCA 21st annual black-tie event

Scores of legal luminaries helped the SCCA celebrate its 21st anniversary at the annual black-tie event

Weighing the future

India's future legal leaders show what it takes to stand out to clients and industry peers

Investors dig IPO of beauty brand Mamaearth’s parent Honasa

A host of law firms have supported an oversubscribed initial public offering of beauty brand Mamaearth’s parent

Making room for confessions

The implementation of settlement and commitment provisions under India’s revamped competition law will be a game-changer

CAM, Cravath, Swaine & Moore advise on USD366m Tata IPO

Cravath, Swaine & Moore and Cyril Amarchand Mangaldas have advised Tata Technologies on its USD366 million initial public offering

CAM advises BNP Paribas on exit from Sharekhan unit

Cyril Amarchand Mangaldas (CAM) has assisted BNP Paribas on its strategic exit with a 100% sale of its stake in Sharekhan Group’s brokerage unit

Khaitan & Co extends footprint into Pune and Ahmedabad

India’s largest firm Khaitan & Co has expanded its footprint in the western region with the opening of two offices in Pune and Ahmedabad

Shishir Vayttaden launches new fiction book, Kill the Lawyers

Cyril Amarchand Mangaldas senior partner Shishir Vayttaden has published a new book, Kill the Lawyers, on his tales of corporate chicanery

IBLJ launches AI legal directory

By AI Bot

India Business Law Journal is thrilled to introduce a revolutionary tool ‒ the world’s first AI-powered legal directory

Seven firms advise on Samhi Hotels’ USD164m IPO

Seven law firms assisted various parties involved in the Samhi Hotels IPO on the NSE and BSE, raising USD164 million for the Indian hospitality giant

CAM, AZB advise on Cholamandalam’s USD480m QIP

This marks the first Indian company to raise funds via a QIP of both equity shares and compulsorily convertible debentures (CCDs)

CAM advises Navi Finserv on INR5bn NCD issuance

Cyril Amarchand Mangaldas  has advised Indian financial services company Navi Finserv on the issuance of USD60 million worth of NCDs

CAM advises Kerala Financial in issuing INR7.5bn worth of NCDs

Cyril Amarchand Mangaldas (CAM) advises Kerala Financial Corporation on issuing INR7.5 billion worth of non-convertible debentures (NCDs)

Indian Law Firm Awards 2023

We recognise the ingenuity and achievements of the country’s top law firms

CAM, Freshfields counsel broker Goldman Sachs on USD119m Dabur share sale

Cyril Amarchand Mangaldas (CAM) and Freshfields Bruckhaus Deringer advised Goldman Sachs (India) Securities, the sole broker, in the Dabur India share sale by Gyan Enterprises and Chowdry Associates

Future Legal Leaders 2023

What are the winning traits of lawyers that make them stand out to their clients and peers?

Man on a mission

With a relentless demeanour and the stamina to remain in the game for longer than an Indian test opener, Lalit Bhasin discusses the finer nuances of life, law and legacy with Gautam Kagalwala

Manu Varghese joins Samvad Partners in Mumbai as partner

Manu Varghese is the latest partner to join the Mumbai branch of Samvad Partners and is set to focus on mergers and acquisitions, and private equity

Cyril Amarchand Mangaldas advise on INR20.79bn port financing

CAM were the principal advisers on a INR20.79 billion financing facility from a State Bank of India-led (SBI) consortium of lenders to fund a Ramayapatnam Port Development Corporation (RPDC) project

CAM counsels V-Guard on Sunflame acquisition

Cyril Amarchand Mangaldas (CAM) advised V-Guard Industries on the proposed acquisition of 100% in Sunflame Enterprises for USD79 million on a cash-free and debt-free basis

CAM advises Bank of Baroda consortium on JSW credit deal

Cyril Amarchand Mangaldas (CAM) advised a group of lenders led by Bank of Baroda on a INR39.4 billion (USD477 million) loan to JSW Renewable Energy to build an 825MW hybrid power project in Karnataka state

Kanga & Co real estate partner joins Cyril Amarchand Mangaldas

Rishiraj Bhatt, formerly of Kanga & Co, has joined Cyril Amarchand Mangaldas as a partner in its real estate practice and will be based out of Mumbai office

The A-List 2022-23

Leaders from across various sectors, have provided us with personal accounts of why they prefer to work with certain lawyers and why they consider them outstanding

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India to be an outlier in dispute resolution

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Strategic investor definition for REITs and InvITsvideo

Reforms widen REITs and InvITs investor base

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Foreign direct investment in India’s hospital sector

Hospitals in India a healthy investment opportunity

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