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.
India's plans to list state-run Life Insurance Corporation (LIC) face an unusual problem: domestic law firms are shying away from advising the government, deterred by the low fees on offer at the time of a lucrative boom in corporate stock listings.
In June, India’s Ministry of Consumer Affairs proposed new e-commerce rules that are expected to have an impact on online marketplace operators such as Amazon and Flipkart. These rules include limiting flash sales, reining in a private label push, compelling e-commerce companies to appoint compliance officers, and impose a fallback liability.
Veteran corporate lawyer Mohit Saraf recently established his own firm after an acrimonious split from L&L Partners, a firm that he had been a part of since 1995. He tells ALB about why Saraf and Partners, with 21 partners and offices in three cities, will be a different experience for both lawyers and clients.
Trilegal has advised Exide Industries’ life insurance subsidiary,Exide Life, on its 67-billion-rupee ($915 million) sale to HDFC Life Insurance Company, which was represented by AZB & Partners.
Trilegal has advised technology investor Prosus Ventures on its $4.7 billion acquisition of Indian payments gateway firm BillDesk, which was represented by Shardul Amarchand Mangaldas (SAM). AZB & Partners has counselled the selling shareholders.
In its second annual list, ALB showcases outstanding private practitioners in India when it comes to client service. These lawyers were selected based on client recommendations sent directly to ALB. The list is in alphabetical order, and some lawyers have been profiled.
Cyril Amarchand Mangaldas (CAM) has advised India’s CarTrade Tech on its 30-billion-rupee ($411 million) IPO, with IndusLaw and Sidley Austin representing the book-runners and lead managers. AZB & Partners counselled the selling shareholders.
The southern hub of Hyderabad is all set to become the latest Indian city to house an international arbitration and mediation centre, according to media reports.