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Mumbai (Maharashtra)/New Delhi [India], January 19 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Larsen and Toubro Limited (L&T), in relation to sale of its 'Smart World and Communications Business' (SW&C Business) to its listed subsidiary L&T Technology Services Limited (LTTS), for an aggregate amount of INR 800 crore. The Transaction seeks to leverage LTTS's global footprint and achieve a global market reach for the SW&C Business. The General Corporate Practice of Cyril Amarchand Mangaldas acted as the legal counsel for L&T Group in the transaction. The transaction team was led by Shishir Vayttaden, Partner; and Aditi Singhvi, Partner; with the support of Riya Sharma, Associate. The diligence was conducted by Aditi Singhvi, Partner; with support from Shreejoyee Bhattacharya, Associate; Rajat Sinha, Associate; Kabeer Jay, Associate; Tawishi Beria, Associate; and Pritha Taraphder, Associate. The Employement team was lead Bishen Jeswant, Par ....
Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra)/ Cyril Amarchand Mangaldas advised Viacom 18, a subsidiary of TV18 Broadcast Limited, and Reliance Projects and Property Management Services Limited, a wholly owned subsidiary of Reliance Industries Limited, in relation to the investment of INR 13,500 crores, by Bodhi Tree Systems and INR 1,645 Crore by Reliance Projects, in Viacom 18. The transaction also contemplates the transfer of the "Jio Cinema" OTT app to Viacom 18. Business News | Cyril Amarchand Mangaldas Advised Viacom 18 on INR 13,500 Crores Investment by Bodhi Tree Systems. ....