Waterways Leisure Tourism, the parent company of Cordelia Cruises—India’s only domestic ocean cruise brand, on June 17, officially filed a Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹727 crore via an Initial Public Offering (IPO). AZB & Partners is acting for the company according to DRHP.
The Blackstone Group has acquired South City Projects (Kolkata) Limited (“SCPKL”) from its existing shareholders, comprising Merlin Group, Sureka Group, Emami Group, JB Group, Shrachi Group and Rameswara Group, for ₹3,250 crore. SCPKL houses the iconic “South City Mall” in Kolkata, West Bengal.
Entry of Foreign Law Firms in India – BCI Forms Cyril Shroff led Panel: New Delhi – The Bar Council of India (BCI) has established a new, high-profile committee. Its purpose is to address concerns from Indian lawyers and law firms regarding the recent rules allowing foreign legal entities to operate in India. This decision…
