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Shardul Amarchand Mangaldas (SAM) has advised India’s Bharat Petroleum Corporation (BPCL) on its $321 million buyout of the stake held by its partner, Oman’s OQ, in their joint venture Bharat Oman Refineries (BORL). 
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India’s L&L Partners has welcomed back insolvency expert Piyush Mishra as a partner in Mumbai from AZB & Partners.
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AZB & Partners has hired restructuring and insolvency specialist Avinash Subramanian as a partner in Mumbai from L&L Partners, where he spent the entirety of his legal career.
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Shardul Amarchand Mangaldas has advised Indian food-delivery app Swiggy on its $800 million fundraising round, which now values the company at $5 billion, with AZB & Partners representing Qatar Holding, one of the investors.
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AZB & Partners has advised SLP Beta Cayman (Silver Lake) as one of the investors in Indian online learning platform Byju’s $1 billion fundraising round, which values the company at $15 billion.
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Indian law firm J. Sagar Associates (JSA) has added Niruphama Ramakrishnan as a partner in Gurugram from rival AZB & Partners.
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IndusLaw has counselled Indian company Mohalla Tech, which owns social media platform ShareChat and short video app Mo, on its $502 million fundraising round. The funding values Mohalla Tech at $2.1 billion.
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AZB & Partners has counselled Indian software giant Wipro on its $1.45 billion acquisition of UK consultancy Capco.
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India’s Trilegal has added capital markets specialist Richa Choudhary as a partner in Mumbai from AZB & Partners.
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AZB & Partners has advised Indian telecom operator Bharti Airtel on the acquisition of a 20 percent stake in its direct-to-home (DTH) television arm for $430 million from Lion Meadow Investment, an affiliate of U.S. private equity company Warburg Pincus.