Khaitan helps Temasek buy a stake in Crompton Greaves, White & Case and Norton Rose Fulbright assist on the refinancing of credit facilities to PacificLight Group, and more in our weekly Southeast Asia deals roundup.

Latham & Watkins leads on DSS’ sale of its 67 percent stake in PT Golden Energy Mines to United Fiber System, WongPartnership and Allen & Gledhill advise on loan grant to North Gem Development, and more in this week’s SE Asia Deals table.

Khaitan & Co promotes two to partnership, and India’s Indus Law loses its Mumbai founder to Citibank in this week’s Southeast Asia appointments roundup.

Khaitan & Co has hired partner Ganesh Prasad in Bangalore from Amarchand & Mangaldas, as part of an effort to focus more on South India.

Khaitan & Co and Anderson Mori & Tomotsune have advised Japan's Nippon Life Insurance on its acquisition of a 26 percent stake in Reliance Capital Asset Management Company for 14.5 billion rupees ($290 million), the largest foreign direct investment (FDI) deal in any Indian asset management company till date.

Khaitan & Co recently acted for SIBUR, Eastern Europe's largest petrochemical company, in a $450 million joint venture with Indian conglomerate Reliance Industries (RIL) to form Reliance Sibur Elastomers Private Ltd. The new company is expected to be the first manufacturer of butyl rubber in India, and the fourth-largest supplier of butyl rubber in the world.