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Amarchand & Mangaldas

Piramal group and IL&FS to join hands

Piramal group and IL&FS to join hands
The Ajay Piramal Group is exploring the possibility of buying into Infrastructure Leasing & Financial Services (IL&FS). The Piramal Group is an Indian multinational Company with presence in Pharmaceuticals, Healthcare Services, Life Sciences, Glass Manufacturing and Real Estate. The company’s legal and finance teams are busy charting out the contours of the proposed deal, which has been under negotiation [...] Continue Reading »

Heightened activity in the business world: Increase in M & As: Law firms benefited

Heightened activity in the business world: Increase in M & As: Law firms benefited
Due to the advent of the Narendra Modi government, there has been a heightened activity and business optimism in the market. This has put the Indian law firms in a growth trajectory and they are benefiting strongly from the surge in mergers and acquisitions (M & A) in the last few months. India’s biggest law firm [...] Continue Reading »

Foreign investment in services sinks to 60% in April-Dec Quarter

Foreign investment in services sinks to 60% in April-Dec Quarter
Foreign direct investment (FDI) into the services sector dropped by 60 percent to USD 1.59 billion in the last three quarters of year. This sector includes banking, insurance, outsourcing, R&D, courier and technology testing, it received FDI worth USD 4.04 billion in the April-December period of 2012, and this is according to the data collected [...] Continue Reading »



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