ALMT Legal has advised InPadel Sports Private Limited (InPadel) in its endeavour to introduce the sport of Padel Tennis to India. Bangalore-based Sports and Media Law Partner Souvik Paul Mazumdar led the advisory team. InPadel is the first Company to introduce the sport of Padel in India and is intending to promote and expand the sport across India at a very high and competitive level.

Singhania & Co. has entered into a joint venture with an Italian Law Firm – CBA Studio Legale e Tributario. The agreement was signed last Friday at the Consulate General of Italy in Mumbai. The agreement particularly aims at promoting cross border M&A operations, joint ventures and partnerships among enterprises of the two countries. With more than 120 professionals operating in offices in Milan, Rome, Padua, Venice and Munich, CBA is one of the main tax and law firm in Italy and provides its clients with high-value services through a partner-led approach. Angelo Bonissoni, CBA Managing Partner, in the release commented  […]

Real estate developer RMZ Corp has entered into a joint venture with the Hyderabad-based My Home Group to develop premium commercial office space in the city. Deal My Home Group enters into a JV with RMZ Group Value Over $1 billion Sector Real Estate Deal Type JV Law Firms Trilegal-My Home Group; Cyril Amarchand Mangaldas (Corporate aspects), Tatva Legal (Real Estate aspects) & BMR Legal (Tax aspects)- RMZ Group Partners/Heads  Trilegal-Pavan Kumar; CAM-Reeba Chacko Trilegal advised My Home Group through a team led by Partner Pavan Kumar, Senior Associate Dennis John and Associate John Mathew. RMZ Group was advised by Cyril Amarchand Mangaldas […]

The board of Idea Cellular has approved the merger of Vodafone India Ltd and its wholly-owned arm Vodafone Mobile Services with the company, creating the largest telecom merger, reported PTI. The merged entity will have a revenue of Rs. 81,592 crore ($12.1 Billion) as per the documents filed before the Stock Exchanges. Deal Idea merges with Vodafone Value Undisclosed Sector Telecom Deal Type M&A Law Firms Vodafone S&R Associates, Shardul Amarchand Mangaldas, Slaughter & May; Idea  Vaish Associates, AZB & Partners, Bharucha & Partners Heads/Partners S&R Associates – Rajat Sethi and Tanya Aggarwal; Shardul Amarchand Mangaldas –  Shweta Shroff Chopra and Harman […]

Private equity investor KKR has invested around Rs. 670 crore ($97.10 million) in coaching firm Resonance Eduventures Ltd. The structured finance deal has provided an exit to existing investors – CLSA Capital Partners, ICICI Ventures and Milestone Private Equity Fund. P&C Legal advised KKR while VERTICES PARTNERS advised Resonance Eduventures and the Promoters. The P&C Legal team was led by Partners Vishnu Jerome and Shameek Ray along with Senior Associate Smriti Biradar, Associates Aaryaman Aashind and Surya Kumar Geda. VERTICES PARTNERS team was led by Partners Vinayak Burman and Archana Khosla along with  Associates Nirav Punjani and Hamraj Singh. CLSA […]

Canara Bank has sold 13.45% stake in CanFin Homes Ltd to Singapore-based Caladium Investment Pvt Ltd, an affiliate of GIC, Singapore’s Sovereign Wealth Fund. Deal Caladium Investment acquires 13.45% stake in Can Fin Homes Value ₹753.77 crore Sector Banking Deal Type M&A Law Firms Dua Associates – Canara Bank; Shardul Amarchand Mangaldas– Caladium Investments/ GIC Head/Partners Dua Associates- Srinivas B.R.,Karan Ajitsaria, Kunal Mehra; SAM- Raghubir Menon, Shweta Shroff Chopra, Aparna Mehra Dua Associates advised Canara Bank through a team led by Partner Srinivas B.R. along with FEMA perspective provided by Partner Karan Ajitsaria. Partner Kunal Mehra advised on Competition law aspect along with Associates Churmathi M., Sharan Balasubramaniyam […]

Ideal Cures, a supplier of ready-to-use coating products and excipients for tablets and capsules to the pharmaceutical and allied industries, received a private equity investment from TA Associates. Deal TA Associates invest in Ideal Cures Value Undisclosed Sector Pharmaceutical Deal Type PE Law Firms K Law– Ideal cures; DSK Legal– TA Associates Heads/Partners K Law- Sankar Narayan Swamy; DSK Legal- Satish Kishanchandani, Pritha Jha Ideal Cures was advised by K Law through a team led by Partner Sankar Narayan Swamy along with Senior Associate Aparnaa Bhalotia DSK Legal advised TA Associates through a team led by Founding Partner Satish Kishanchandani along with Partner Pritha […]

The Bangalore office of ALMT Legal advised India Electronic Development Fund (IEDF), India’s first private equity (category I SEBI) fund dedicated to electronic manufacturing and hardware. The ALMT team was led by Senior Associate Arita Chatterjee being supervised by Partner Rajat Bopaiah and Senior Partner S Arun. IEDF has been set up with an objective to provide the necessary fillip and growth capital to companies pursuing manufacturing in the electronic and hardware sectors. As its prime goal it seeks to strengthen capital deficiencies in  those units who are part of the ‘Make in India’ initiative of the Government of India, according to the […]

Global real estate consultant Coldwell Banker India, master franchise of NYSE-listed Realogy Holdings Corporation, has acquired technology-based property brokerage Favista.com in an all-stock deal. The deal included acquisition of the information technology assets, databases, intellectual property and the employees. Deal Coldwell Realty acquires Favista’s real estate brokerage business Value Undisclosed Sector IT Deal Type M&A Law Firms Indus Law: Coldwell Reality; Favista: In-house team Partners/Heads Indus Law: Nishant Singh Coldwell Realty was advised by Indus Law with a team led by Partner Nishant Singh, Senior Associate Mini Kapoor and Associates Chhavi Jhanji and Priyank Nanavaty. Favista was advised by its in-house team. In […]

Renewable energy firm Inox Renewables Ltd, a part of the Inox Group, is selling its operating wind power farms to Leap Green Energy Pvt. Ltd, a renewable energy firm majority owned by JPMorgan Asset Management. Deal Inox Renewables sells its wind power assets to Leap Green Energy Value Undisclosed Sector Energy Deal Type M&A Law Firms Khaitan – Inox Renewables; MD&T Partners – Leap Green Energy Heads/Partners Khaitan & Co-  Bharat Anand, Joyjyoti Misra, Daksha Baxi; MD&T – PM Thimmaiah Gujarat Flourochemicals and Inox Renewables were advised by Khaitan & Co through a team led by Partners Bharat Anand and Joyjyoti Misra, Principal Associate Arjun Rajgopal, Senior Associate Rohit […]