Mumbai-headquartered law firm S&R Associates has hired tax specialist Ajinkya Gunjan Mishra as a partner in its Delhi office from Luthra and Luthra Law Offices. Mishra joins along with associates Avani Tewari and Tarusha Airan. 

Indian law firm S&R Associates has hired a seven-lawyer M&A team in Mumbai from Luthra & Luthra Law Offices, led by partner William Vivian John.

India is working on another round of amendments to the IBC after a parliamentary panel said the government must set a benchmark comparable to global standards. But whether the new framework works or not remains to be seen.

Cyril Amarchand Mangaldas (CAM) has advised home loan company Aptus Value Housing Finance India on its 27.8-billion-rupee ($378 million) IPO, with S&R Associates and Sidley Austin counselling the book-running lead managers.

Capital markets lawyer Jitesh Shahani has joined India’s S&R Associates as a partner in Mumbai from L&L Partners.

S&R Associates has represented India’s Embassy REIT on its $1.3 billion acquisition of Embassy TechVillage assets from affiliates of sponsors Embassy Group, which were advised by Khaitan & Co.

Indian law firm S&R Associates has hired a team of five banking and finance specialists in Delhi from J Sagar Associates, including partners Divyanshu Pandey and Arpita Garg.

Khaitan & Co  and Cyril Amarchand Mangaldas are advising Indian drugmaker Gland Pharma on its planned $780 million IPO, with Herbert Smith Freehills and S&R Associates acting for the bookrunners and lead managers.

Nishith Desai Associates has advised Singapore sovereign wealth fund GIC on its 44-billion-rupee ($622 million) investment in the road and highway assets of IRB Infrastructure Developers, which was counselled by S&R Associates.

Clifford Chance and Cyril Amarchand Mangaldas have advised Embassy Office Parks REIT on its 47.5 billion rupee ($690 million) initial public offering, the first by a real estate investment trust in India, with S&R Associates and Latham & Watkins acting as legal counsel to the lead managers.