Freshfields Bruckhaus Deringer and Trilegal have advised private equity major Carlyle Group on the $300 million acquisition of a majority stake in Indian beauty care and wellness solutions provider VLCC, with Pioneer Legal advising the sellers Vandana and Mukesh Luthra.

Cyril Amarchand Mangaldas has advised U.S. private-equity firm Carlyle Group on its purchase of a 9 percent stake in India’s SBI Life Insurance Ltd from France’s largest-listed bank BNP Paribas, which was counselled by AZB & Partners.