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Veritas Legal advises Creador on investment into Hinduja Tech

Creador Private Equity has made an investment of ₹416 crore ($50 million) in Hinduja Tech Limited for acquiring 19.6% shareholding. ....

Hinduja Tech , Veritas Legal , Manav Raheja , Shubhangi Pathak , Indian Law Firms , Law Firm News ,

India Lateral Partner Hire Roundup: April 2023 | Asian Legal Business

The hiring momentum in India’s legal market continues, with Veritas Legal, SNG & Partners, DMD Advocates, Lex Consult, ANM Global and AK & Partners welcoming new partners recently. ....

New Delhi , Alvarez Marsal , Shubhangi Pathak , Shreyas Mehrotra , Jhinook Roy , Rahul Mehta , Varun Mowar , Nidhi Khadria , Arpit Choudhary , Gaurav Sahay , Khaitan Co , Tuli Co , Zee Entertainment Enterprises , Sony Pictures Networks India , Veritas Legal , Lex Consult , Link Legal , Matrix Partner , Zee Entertainment , Siddhartha Patnaik ,

Veritas Legal elevates existing partners

Boutique transaction advisory law firm Veritas Legal announced the elevation of three partners to equity partnership.

Tushar Raut, Kunal Doshi, and Vineet Nalawalla were inducted into the firm's equity partnership by way of the elevation.

Additionally, Jhinook Roy and Shubhangi Pathak also got inducted into the firm's partnership.

By way of the .. ....

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Employee stock options: IRDAI issues clarifications

The issuance of employee stock options (ESOPs) to CEOs, whole-time directors and managing directors of insurers has been expressly recognised since 2016. Now, the Insurance Regulatory and Development Authority of India has issued a circular to clarify the requirement to obtain its prior approval with regard to the exercise of ESOPs. Going forward, insurers are likely to take a more pragmatic approach and consider the logistics of obtaining regulatory approvals (if applicable) with regard to ESOPs. ....

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