Tag: India
Firms assist Indian segment of IFF Pharma-Roquette deal
IndusLaw, DLA Piper, Skadden and Cleary Gottlieb advised on the India leg of Roquette’s USD2.5 billion acquisition of IFF Pharma Solutions
India’s M&A landscape in global spotlight at IBA conference
A global M&A conference in Mumbai spotlighted India’s deal-making momentum and its journey toward a USD30 trillion economy
IndusLaw, S&T Law guide Indian logistics acquisition
IndusLaw and S&T Law have advised on CJ Logistics Corporation’s acquisition of an additional stake in CJ Darcl Logistics for an undisclosed amount
CAM, IndusLaw act on Sojitz’s USD400m India renewables stake
Sojitz invests in India’s biomethane sector with IOCL and GPS Renewables
Legal developments in banking & finance
Experts from India, Malaysia and Taiwan are closely monitoring market regulatory shifts and investor behaviours to identify emerging opportunities
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
Cross-border medical products dispute ruling
Supreme Court clarifies arbitration jurisdiction in Disortho v Meril Life, ruling that Indian law governs the arbitration agreement despite a foreign venue
Court comes to Hyderabad forest’s rescue
The Supreme Court halts Telangana’s forest clearance for IT park, citing environmental and legal violations
SAM, Madun Gujadhur act for REC India on USD1bn energy loan
Shardul Amarchand Mangaldas advised REC India on a landmark USD1 billion loan to Greenko for a 1,600MW pumped-storage project in Karnataka
Economic boon for India-UK in bilateral trade agreement
The India-UK Free-Trade Agreement boosts trade, services, and worker mobility
Vikram Sobti to head Chandhiok’s real estate team
Vikram Sobti rejoins Chandhiok & Mahajan as head of the real estate practice
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
Tarun Bhattacharya to boost Sarthak’s energy practice
Sarthak adds partner Tarun Bhattacharya to strengthen its corporate and energy practices
RBI mandates bank.in domain for banks, fin.in for NBFCs
RBI mandates banks to shift websites to “.bank.in” to boost trust and cyber security
Singhania acts for Value Angels on Urbanaut investment
Singhania & Co advised Value Angels Investment Trust on its investment in monorail tech startup Urbanaut Technologies
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
CCI approves Google’s proposed settlement in Android TV case
The CCI approved Google’s INR202.4 million settlement in a case over abuse of dominance in the Android TV market
Alpha joins hands with AKG Consors to diversify services
Alpha Corporate Legal and AKG Consors have partnered to offer integrated legal services
IBBI seeks comment on IBC rules to simplify compliance
IBBI invites public suggestions to simplify and cut costs of IBC compliance, with submissions open until 30 June 2025
IndusLaw, Trilegal guide Accenture’s TalentSprint buy
IndusLaw and Trilegal advised on Accenture’s acquisition of deeptech education firm TalentSprint from NSE Academy
Varun Kalsi assumes director role at CAM Singapore
Varun Kalsi has joined Cyril Amarchand Mangaldas’ Singapore office as director in the private client practice
Khaitan channels Astral’s acquisition of Al-Aziz Plastics
Khaitan & Co advised Astral on its full acquisition of Al-Aziz Plastics
Directorate attaches INR5.5bn in Amtek assets over fraud
The ED has attached Amtek Group assets worth INR5.5 billion for fraud
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
SAM acts for Power Finance on USD580m green energy loan
Power Finance funds Juniper Green’s hybrid renewable energy project with BESS integration
Firms steer USD100m Brookfield real estate deal in Mumbai
Brookfield invests in prime Powai land via controlling stake and debenture deal
BluSmart EV taxi service shuts after SEBI reveals fraud
SEBI cracks down on BluSmart and Gensol founders over fund misuse
SAM powers up NTPC’s USD100m solar investment in Sri Lanka
SAM advised NTPC on a USD100 million solar energy deal with Sri Lanka, boosting regional cooperation
Khaitan & Co counsels Lam Research on USD132m land deal
Khaitan & Co advised Lam Research on a major INR11.25 billion land deal in Bangalore
ACC appeals for in-house lawyers’ recognition
ACC urges India’s law ministry to recognise in-house counsel as full legal practitioners
Natasha Tuli fortifies Chandhiok & Mahajan’s corporate team
Natasha Tuli has joined Chandhiok & Mahajan as counsel in the corporate practice, based in New Delhi
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
Singhania & Co guides parties on Mild Cares investment
Singhania & Co advised SIDBI and FIRST on their investment in Mild Cares for an undisclosed amount
Shivangi Talwar joins JSA as retained partner in Gurugram
Shivangi Sharma Talwar has joined JSA’s Gurugram office as a retained partner in the corporate practice, bringing over 14 years of experience
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
Arjun Uppal heads for fresh challenge at UAE’s KARM Legal
Arjun Uppal has joined KARM Legal in Abu Dhabi as of counsel after leaving AZB & Partners to pursue cross-border legal experience
Shashwat Tewary moves to Cooley as partner in Singapore
Shashwat Tewary has joined Cooley’s Singapore office as a capital markets partner, bringing 16 years of regional experience
Nishith Desai, JSA secure CCI approval for GIC-AHH deal
Nishith Desai & Associates and JSA advised on GIC’s USD150 million investment in Asia Healthcare Holdings, approved by the CCI in April 2025
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
Raunaq Mathur bolsters Saraf’s dispute resolution practice
Raunaq Bahadur Mathur, an arbitration and commercial disputes specialist, has joined Saraf and Partners as a partner in Delhi
India improves financial diversity, resilience: IMF report
The IMF reports that India’s financial sector has grown more resilient and diverse since its last 2017 assessment
Kanika Chugh becomes managing partner at SKV Law
Kanika Chugh has become the managing partner at SKV Law Offices, taking over from Shri Venkatesh, who will remain as the founding partner and mentor
Trilegal, JSA, Anderson Mori seal Vulcan Forge sale to Nitto
Anderson Mori & Tomotsune, JSA, and Trilegal advised on the sale of Vulcan Forge to Nitto Seiko, with the deal value undisclosed
Trilegal, Bharucha advise on International Maritime Institute acquisition
Trilegal and Bharucha advised Caravel Group on acquiring the International Maritime Institute
JSA assists Donau Carbon’s Kalpa Char acquisition in India
JSA advised Donau Carbon on its acquisition of Kalpa Char Products for an undisclosed amount
Piyush Gupta to lead Etihad Airways as head counsel
Piyush Gupta joins Etihad Airways as head counsel in Abu Dhabi, bringing 20+ years of sector experience
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
SEBI revises requirements on capital issues and disclosures
SEBI's new capital and disclosure rules took effect on 3 March 2025, with rights issue norms starting 31 March
Singapore court sets aside arbitration award over concerns
Singapore’s top court voided an arbitration award by ex-CJI Dipak Misra for copying from other cases with just party names changed
Puneet Gupta to steer Niva Bupa insurance as legal head
Puneet Gupta has joined Niva Bupa Health Insurance as legal head after exiting Axis Max Life Insurance
Clarifying interplay between consumer protection and insolvency laws
SC: Penalty under CP Act can't be stayed during interim moratorium under IBC section 96, rules in recent judgment
Court rules out prosecution after resolution plan approval
Delhi High Court ruled in BPSL v Union of India (2025) that a corporate debtor cannot be prosecuted for pre-CIRP offences after resolution approval
Analysis of limitations in DMRC v HCC
Delhi High Court ruled on DMRC’s Section 34 petition challenging an arbitral award to HCC Samsung JV, focusing on the limitation period
Reverse flipping – medium rare or well done?
Are Indian-origin startups' ‘reverse flips’ a lasting trend or just a temporary shift in strategy?
Role of technology and AI in transforming M&A deals
Lawyers have adapted practice methodologies in response to evolving technology
ACC bats for Indian GCs’ recognition, highlights benefits
ACC urges recognition of general counsels under the Advocates Act
Parag Chaturvedi joins Fox & Mandal as associate partner
Parag Chaturvedi joined Fox & Mandal as an associate partner to strengthen its dispute resolution practice
Kaustubh Nandan Sinha takes on GC role at Jaypee Infratech
Kaustubh Nandan Sinha joined Jaypee Infratech as general counsel
Court ex parte ruling in power case
Delhi High Court, in Isar Engineers v NTPC-SAIL Power (2025), ruled that arbitrator independence is a complex issue
Shattered dreams
The withdrawal of the amendment bill crushed the in-house community’s hopes for recognition under the Advocates Act
A regulatory update on data privacy
Regulations for personal data privacy are being implemented in the Philippines, Taiwan, and India
Karan Mitroo joins JSA as equity partner with team
Karan Mitroo joined JSA as an equity partner with 15 lawyers, including partners Purvi Dabbiru, Kartikeya Dubey, and Ankita Parasar
IBLJ Regional Law Firm Awards: Call for submissions!
India Business Law Journal (IBLJ) is proud to introduce its inaugural Regional Law Firm Awards, with the results to be announced in May
Saurav Bhaumik shores up corporate talent at Fox & Mandal
Fox & Mandal hired Saurav Bhaumik as an associate partner in its corporate & commercial practice
New firm Gray Law seeks to change Delhi’s legal landscape
Karan Dev Chopra and Neeraj Malik founded Gray Law in New Delhi, emphasizing legal expertise and client focus
Tuhin Kanta Pandey takes over as SEBI chairman
Tuhin Kanta Pandey took over as SEBI chairman in Mumbai amid heightened regulatory scrutiny
New draft e-commerce standards for stronger self-regulation
BIS released the draft E-commerce – Principles and Guidelines for Self-Governance
Corporate practice expert Anant Dang joins SAM as partner
SAM hires Anant Dang as a partner in its general corporate practice; he will be based in New Delhi
Lalit Bhasin’s book celebrates lawyers in India’s history
SILF president Lalit Bhasin’s book, Lawyers in the Freedom Struggle, honors the legal fraternity’s role in India’s independence
IndiaMART InterMESH revamps board
IndiaMART InterMESH appointed Manish Vij as a non-executive independent director and Manoj Bhargava as an executive director
Sugandha Asthana boosts CAM’s banking, finance practice
Sugandha Asthana joins CAM Mumbai’s banking and finance practice with nearly 20 years of experience
Sharad Joshi joins Luthra and Luthra in Mumbai as partner
Luthra and Luthra hired Sharad Joshi as a corporate partner, along with his team, in Mumbai
Changing of guard at JSA kickstarts fresh approach
JSA elected new joint managing partners and an executive committee for fresh perspectives and continuity
Dhaval Vussonji & Associates opens new Pune office
Dhaval Vussonji & Associates opened a Pune office at BSB Capital and hired partner Shakti Singh Champawat
Tamil Nadu tightens regulations on online real money gaming
TNOGA introduced strict regulations for online real money gaming, tightening access and user safeguards
Corporate India breathes easier as demat deadline extends to June
MCA extended the deadline for mandatory securities dematerialization to 30 June 2025, easing pressure on private companies
Saraf, Khaitan act on Fortis-Shrimann deal
Saraf and Partners and Khaitan & Co advised on Fortis Hospotel’s acquisition of Shrimann Superspecialty Hospital in Jalandhar
CCI unveils draft regulations for evaluating predatory pricing
CCI released draft regulations for public consultation on revising its approach to predatory pricing
MCA extends deadline for filing financial statements
MCA extended the deadline for Indian companies to file financial statements under the Companies Act, 2013
SEBI cracks down on ‘finfluencers’, impounds INR53.6m
SEBI banned finfluencer Asmita Patel and associates, impounding INR 53.6M (USD 616,364)
Duo advises on Esco’s investment in Allwin Medical Devices
IndusLaw advised Esco Technologies on a strategic investment in Allwin Medical Devices
JSA supports ASG acquisition
JSA advised ASG Hospital on acquiring a majority stake in Vedanta Centre for Ophthalmic Science
NDA, ELP aid Max in hospital agreement with VR Konkan
NDA and ELP advised Max Healthcare on its agreement with VR Konkan for a 500-bed hospital in Thane
LKS supports Fibro India deal as part of LÄPPLE restructure
LKS advised Fibro India on selling its rotary table unit to Fibro Rotary Tables India in LÄPPLE’s restructuring
RBI strengthens payment systems oversight with revised penalties
RBI introduced a framework for penalties and offence compounding under the Payment and Settlement Systems Act, 2007
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
IBBI amends liquidation regulations
IBBI has amended liquidation regulations to enhance efficiency, transparency, and integrity
New draft compliance standards for telecoms equipment
New draft rules for telecom equipment standards have been released
SEBI releases draft circular on digital assurance reports
SEBI's draft circular requires listed companies to file a digital assurance report
Angel fund reforms help investments grow wings
Angel fund reforms aim to boost investor protection and startup growth
Zimmer Biomet recruits Vivek Malhotra as director-legal
Vivek Malhotra is now legal director (South Asia) at Zimmer Biomet
SEBI to secure UPI payments for investors to prevent fraud
SEBI released a consultation paper on a draft circular for secure UPI-based investor transfers
Atul Menon leaves AZB to head dispute regulation at Saga
Atul N Menon joins Saga Legal’s Bengaluru office as a partner to lead litigation and disputes
SAM, A&O Shearman act on USD7bn ADNOC-IndianOil deal
Shardul Amarchand Mangaldas & Co and A&O Shearman advised on the 14-year LNG deal between Indian Oil and ADNOC
Draft amendment to recognise GCs under Advocates Act
The Legal Affairs Department has drafted an amendment to the Advocates Act, 1961, to recognize non-litigating legal professionals as “legal practitioners”
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
Three firms counsel on Indian freight train operator loan
Indian Law Partners, Ashurst, and Suri & Company helped JKTI secure a loan from JBIC, co-financed by Sumitomo Mitsui
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
Court addresses international nature of arbitration
Delhi High Court ruled on whether arbitration awards qualified as ICA, limiting judicial review compared to domestic arbitration
Supreme Court clarifies classification of debt
India’s Supreme Court ruled that a debtor’s pledge under a DoH is a financial debt under the IBC
No room for one-off settlements post CIRP
Settlements are a key tool in commercial dispute resolution
Ameet Datta sets up ADP Law after 13 years at Saikrishna
Ameet Datta, senior partner at Saikrishna & Associates, has launched his own firm, ADP Law Offices, with eight associates
Q&A: Impact of SIAC developments on Indian firms explained
New SIAC rules may impact Indian entities' choice of arbitration
Tempus Law, AZB act on PAG’s USD200m packaging acquisition
AZB & Partners and Tempus Law Associates advised on PAG’s USD200 million majority stake acquisition in Pravesha Industries
Rahul Jain embraces partner role at Hammurabi & Solomon
Rahul Jain has joined Hammurabi & Solomon Partners as a partner in Bengaluru, leaving his in-house counsel role
IBLJ Law Firm Awards 2025: Make your nominations now!
India Business Law Journal is now inviting nominations for the 2025 IBLJ Law Firm Awards, the results of which will be announced in April
Q&A: Transformation of India’s patent landscape explained
India ranks fourth in trademark filings in the World Intellectual Property Report 2024, with a 6.1% rise from 2023 and over 3.2 million active registrations
Ankur Loona, 10 lawyers head to Dentons Link Legal in Mumbai
Ankur Loona and his team of 10 lawyers have joined Dentons Link Legal’s capital markets practice in Mumbai
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
Trio acts on Paytm’s USD1m acquisition in Brazilian market
Three firms advised on Paytm’s USD1 million acquisition of a 25% stake in Seven Technology, Dinie’s parent company
Samarjit Pattnaik brings team to Luthra and Luthra
Samarjit Gajendra Pattnaik has joined Luthra and Luthra as a dispute resolution partner
Cyril Amarchand Mangaldas embarks on an AI-first future
Cyril Amarchand Mangaldas has integrated AI-powered technologies into its legal and business functions
India’s International A-List 2025: Make your nominations now!
India Business Law Journal invites nominations for the top foreign lawyers working on India-related matters
AI does not absolve data privacy responsibility
SEBI’s amendments require regulated entities using AI/ML tools to ensure data privacy and compliance
Duo acts on Fortis Healthcare’s INR1.7bn buy of Agilus stake
Saraf & Partners and TT&A advised Fortis Healthcare on its INR1.77 billion (USD207 million) acquisition of a 31.52% stake in Agilus Diagnostics

































































































































