Non-banking financial company Five Star Business Finance Ltd on Monday said it has mobilised ₹588 crore from anchor investors ahead of its initial public offering (IPO) that will open for public subscription on Wednesday. NBFC The ₹1,960 crore issue will open on November 9 till Friday, November
Founded by Formula 1 driver Karthikeyan, DriveX is into leasing of two-wheeler motorcycles and scooters and selling, trading, and distributing pre-owned two-wheeler motorcycles and scooters. TVS Motor Company on Wednesday said it will acquire 48 per cent stake in Narain Karthikeyan’s pre-owned two-wheeler startup ‘DriveX’ for a consideration
The in-patient psychiatric facility Sukoon Healthcare has secured $15 million (about Rs 120 crore) investment from Lightrock India for a majority stake in the hospital The in-patient psychiatric facility Sukoon Healthcare has secured USD 15 million (about Rs 120 crore) investment from Lightrock India for a majority
Despite all its challenges, failed models and customer criticism over the past two years, Zoomcar is now on the verge of an IPO. After being in the news for the past two years for a slew of issues including customer complaints, refunds, pivots and business downturn
The L&T Group has announced operationalisation of the merger of Mindtree with LTI (Larsen & Toubro Infotech), effective November 14. The new entity, LTI Mindtree, will begin trading from November 24. Mindtree shareholders will get 73 LTI shares for every 100 shares they hold post
India’s bankruptcy court has approved US-based food technology startup Perfect Day’s acquisition of Sterling Biotech under the Insolvency & Bankruptcy Code (IBC). In April 2022, the California-based company emerged successful with a bid of Rs 638 crore against the reserve price of Rs 548.46 crore
Kotak Investment Advisors has secured an anchor investment of $500 million from the Abu Dhabi Investment Authority (ADIA) for its 13th real estate fund, a $1 billion platform targeting real estate investments in the country. With this new fund, Kotak Investment Advisors has raised, managed
Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that its wholly-owned subsidiary, FIH Mauritius Investments Ltd. has completed its previously announced sale of 9.8% equity interest in IIFL Wealth Management Limited (“IIFL Wealth”) to Bain Capital for gross proceeds of approximately
US investment fund Blackstone Inc said on Thursday that it would buy a 52% stake in Indian IT services company R Systems International for $359 million ( ₹2,904 crore). Shares of R Systems rallied more than 15% to ₹281 apiece on the BSE in early trading session.
Global Health Limited issued initial public offering (IPO), comprising a fresh issue of equity shares and an offer for sale of equity shares by the selling shareholders, aggregating to INR 22,055.70 million. AZB & Partners acted as legal counsel for BRLMs (Kotak Mahindra Capital Company
Singapore-listed utility company Sembcorp Industries on Sunday said it will acquire clean energy platform Vector Green Energy for Rs 2,780 crore to expand its renewable energy footprint in India to 3 gigawatts (Gw). AZB & Partners advised India Infrastructure Fund II (a fund managed by Global Infrastructure Partners India Pvt. Ltd.;
Finn Partners is one of the fastest-growing global, independent marketing and communications agencies in the world. FINN provides clients with global access and capabilities in the Americas, Europe and Asia. SPAG is a leading, Asia-headquartered, health-sector communications and marketing firm. SPAG serves global biopharma companies,
Mala Gopal Gaonkar sold Rs. 1,009 crore worth FSN E-Commerce Ventures Limited (Nykaa) shares through a block deal..IndusLaw advised and represented Goldman Sachs (India) Securities Private Limited (Broker) on this deal. The IndusLaw team comprised of Manshoor Nazki (Partner), Pooja Maloo (Senior Associate) and Esha
The Specified Undertaking of the Unit Trust of India (SUUTI), under the Central Government, will sell up to 1.55% stake or 4.65 crore shares in Axis Bank via an offer for sale (OFS). Around 4.65 crore shares of Axis Bank will go on the block
UPL announced that wholly owned subsidiaries of the Abu Dhabi Investment Authority (“ADIA”), Brookfield and TPG will together invest INR 1,580 Crore (US$ 200 Mn) for acquiring a combined 9.09% stake in UPL Sustainable Agri Solutions Limited (“UPL SAS” or “the Company”), creating ‘India’s largest
LawWiser’s The Great Legal Minds Show brings to you the final Part 3 of the episode, where our host Aman Abbas, Founder, LawWiser, speaks to Mr Sanjay Hegde, Senior Advocate, Supreme Court of India. In part 3 of the video, LawWiser gives you more details
A Release Deed or Deed of Release is a legal document that serves to discharge, extinguish, or waive a claim, right, demand, or obligation. These deeds are generally entered into when one owner of the property is giving up the share in favour of the
The criminal justice system is an essential component of any society, responsible for enforcing the law and maintaining order. However, for many people, it can be an intimidating system to navigate. The processes involved at deducing down to a sentence and assessing the veracity of
#LawWiser’s The Great Legal Minds Show brings to you Part 2 of the episode, where our host Aman Abbas, Founder, LawWiser, speaks to Mr. Sanjay Hegde, Senior Advocate, Supreme Court of India. In part 2 of the video, Mr Hegde talks about different aspects of
We are back with another super interesting episode on LawWiser’s The Great Legal Minds Show! In this episode, we speak to a Senior Advocate who has been inspiring youngsters through his presence on social media and he also shares anecdotes on various trending issues. Our
#Budget2023 is released and everyone is trying to understand the proposed changes. To help you grasp what these key changes in #budget2023 are, #LawWiser brings to you “Things not to miss out in #budget2023”, where our guest speakers decode the budget and simplify these changes
The much-awaited #budget2023 is finally out and its buzzing with the proposed changes one such being the changes in personal tax under the new tax regime! LawWiser brings to you “Things not to miss out in #budget2023”, where our guest speaker decodes these changes and
Watch part 2 of the video “Things NOT to miss out in #budget2023” – General overview on GST, where Gourav Sogani, Partner, Economic Laws Practice (ELP) shares insights on the changes brought through thenUnion Budget 2023. The much-awaited #budget2023 is finally out! Watch LawWiser videos
The much awaited #budget2023 is finally out! LawWiser brings to you “Things NOT to miss out in #budget2023”, where our guest speakers decode the budget and help you understand it better. In this part 1 of the video watch Gourav Sogani, Partner, Economic Laws Practice
The eagerly awaited #budget2023 is finally out! LawWiser brings to you “Things not to miss out on #budget2023”, where our guest speakers decode the budget and help you understand it better. In this video watch Ravi S. Raghavan, Partner, Majmudar & Partners, sharing insights on
As per a report by Digital TV Research, the loss of revenue for OTT players on account of piracy in India is expected to hit USD 3.08 billion by 2022, while the cost of global online streaming piracy will reach USD 52 billion by 2022.
#WorldIntellectualPropertyDay2022 is observed on April 26 every year to create awareness about how patents, copyrights, trademarks, designs and geographical indications impact everyone. And also to celebrate innovation and creativity contributed by various creators and innovators. On the occasion of World Intellectual Property Day (April 26),
Know all the Jazz about NFT and Art in #LawWiser‘s fireside chat. Watch the full feature on All about NFTs and Art with with renowned artist and sculptor @Arzan Khambatta and @Anuradha Chowdhary, Tech Lawyer, @Universal Legal. Anuradha very succinctly explains what NFT means and
Lawyers are always learning and adapting to new laws. Over time depending on opportunities, they also adapt to different roles from law firm professional to independent to in-house counsel. The role of an #inhouse counsel as we know is diverse and they work with a
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