Laws Practice News Today

MAR APR 2024 The sheer numbers paint a picture of what a staggeringly large exercise the ongoing Indian election is. In total, 543 members of the Lok Sabha will

Another in-house lawyer has returned to law firm practice in Bengaluru this week, with J. Sagar Associates welcoming back Rakesh Warrier as a partner from manufacturing services provider Zetwerk, where he was associate director for compliance.

Mr. Lamido Yuguda, the director general of Securities and Exchange Commission (SEC), says the capital market, which is considered the catalyst for economic growth, must be

The COVID-19 pandemic might have posed challenges for the legal industry, but across the Asian region there are firms that have successfully overcome these challenges and continued to grow, either through headcount, or through revenue, or by continuing to add clients. The inaugural ALB Fast 30 list celebrates the tenacity and ambition of these firms. The list is in alphabetical order, and a few firms have been profiled.

Bharat Rasayan Limited, an Indian listed company has executed a joint venture agreement with Japan based, Nissan Chemical Corporation with the total investment value amounting over INR 441 crores (USD 60 million), as per the press release by Bharat Group. The newly formed JV named as Nissan Bharat Rasayan Private Limited is to set up a new manufacturing plant at Saykha Industrial Estate for the production of various technical products and new molecules. As per the agreement NCC will be holding...

Economic Laws Practice (ELP) has expanded its equity partnership to 12 by promoting Kumar Visalaksh and Ashish Prasad to equity partners.

Prateek Bansal, who is now associate partner in the tax practice at White & Brief. Nagla specialises in GST, customs, SEZ and foreign trade work, while Bansal specialises in service tax and GST litigation. We have reached out to ELP for comment. Founding and managing partner Nilesh Tribhuvann commented in a statement: “With Vineet and Prateek coming in, we have moved closer to our aim of transitioning into a full-service firm. We are now equipped to provide the gamut of services to our clien...

₹3,456-crore deal: Adar Poonawalla-backed firm to pick 60% stake in Magma Fincorp February 10, 2021 × Rising Sun Holdings Pvt Ltd controlled by Adar Poonawalla, CEO, Serum Institute of India, has decided to acquire a 60 per cent stake in Mumbai-based non- banking finance company Magma Fincorp for ₹3,456 crore. “Rising Sun Holdings and Magma Fincorp on Wednesday announced a transaction for preferential issue of equity shares of Magma Fincorp which will result in a controlling stake being ...

Adar Poonawalla-backed firm to acquire majority stake in Magma Fincorp for Rs 3,456 crore The new firm will be called Poonawalla Finance. SII CEO Adar Poonawalla (File Image: Twitter) Rising Sun Holdings, a company controlled in personal capacity by Serum Institute of India CEO Adar Poonawalla, announced a transaction on February 10 to acquire a controlling stake in Magma Fincorp (MFL), a non-banking financial company (NBFC). The deal will be carried out via a preferential issue of Magma Fincor...

Rising Sun Holdings, a company controlled by Mr. Adar Poonawalla to acquire controlling stake in Magma Fincorp Limited