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India’s Algo Legal snaps up funds partners from SAM, NDA

BY Aparna Sai |

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.
CAM, Khaitan, NDA, AZB act on $3.4 bln India telecom tower sale

BY Aparna Sai |

Cyril Amarchand Mangaldas has represented India’s Reliance Group on the $3.4 billion sale of its Tower Infrastructure Trust to British Columbia Investment Management Corporation (BCI), Brookfield Infrastructure and GIC.
ALB Conversations: Nishith Desai, founder, Nishith Desai Associates

BY Aparna Sai |

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.   
India: Ex-Nishith Desai lawyers launch corp boutique

BY Aparna Sai |

Former Nishith Desai Associates lawyers Karan Kalra and Dipanshu Singhal have launched a boutique firm called Bombay Law Chambers (BLC) in Mumbai.
Davis Polk, AZB represent India’s Jio Platforms in stake sales to Abu Dhabi

BY Aparna Sai |

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, S&R act on $622 mln SG-India infrastructure investment

BY Aparna Sai |

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.
CAM, Nishith Desai advise on $614 mln India media deal

BY Aparna Sai |

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.
MoFo, SAM, NDA, Trilegal star in SoftBank’s $1.4 bln investment in India’s Paytm

BY Raj Gunashekar, Reuters |

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.
A&O, Nishith Desai, Trilegal on JERA’s first clean energy deal in India

BY Raj Gunashekar |

Allen & Overy and Trilegal have represented Japanese energy giant JERA on its $200 million acquisition of a 10 percent equity stake in ReNew Power Ventures, an India-based solar and wind energy producer, which turned to Nishith Desai Associates for advice.
Nishith Desai, JSA act on Reliance’s $710 mln sale of cement arm to Birla

BY Karuna Jainpalli, Reuters |

J. Sagar Associates has advised Reliance Infrastructure Limited (RInfra) in the 48 billion rupee ($710 million) sale of its cement business – Reliance Cement – to Birla Corporation, which turned to Nishith Desai for counsel.