Nishith Desai Associates

Indian multinational conglomerate Adani Group has tapped PM Devaiah to be its new general counsel. Devaiah joins from Everstone Group, which has hired Pratibha Jain, a former partner at Nishith Desai Associates (NDA), to replace him.

M&A specialist Simone Reis and international tax expert Rajesh Simhan, who both left Nishith Desai Associates (NDA) after more than 12 years at the firm’s Mumbai office, have set up a boutique firm called Anagram Partners in Mumbai.

Indian boutique law firm Algo Legal has hired investment funds specialists Abhinav Bhalaik and Richie Sancheti as partners in Mumbai from Shardul Amarchand Mangaldas and Nishith Desai Associates, respectively.

Nishith Desai, founder of Nishith Desai Associates (NDA), talks about how in-house departments are appreciating tech-forward law firms, the benefits of the “Inverted T” model, and why true leaders combine will and humility.   

Former Nishith Desai Associates lawyers Karan Kalra and Dipanshu Singhal have launched a boutique firm called Bombay Law Chambers (BLC) in Mumbai.

AZB & Partners has advised Jio Platforms, the digital arm of India’s Reliance Industries on the sale of two more stakes – to Abu Dhabi state fund Mubadala Investment, and to the Abu Dhabi Investment Authority (ADIA).

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.

Cyril Amarchand Mangaldas has advised India’s Essel Group on the sale of part of its stake in its ZEE Entertainment Enterprises for 42.24 billion rupees ($614.19 million) to Invesco Oppenheimer Developing Markets Fund, which was counselled by Nishith Desai Associates.

Morrison and Forester and Nishith Desai Associates have acted as SoftBank Group’s U.S. and Indian counsel, respectively, on its $1.4 billion investment in digital payments provider Paytm, which turned to Shardul Amarchand Mangaldas for advice.