Author: Legal 60

Motilal Oswal settles front-running case with SEBI, pays Rs.34.85 lakh The regulator had issued a show-cause notice alleging that the brokerage did not keep proper records of client order instructions Motilal Oswal Financial Services has settled the matter with the Securities and Exchange Board of India (SEBI) by paying Rs.34.85 lakh towards settlement charges regarding

Cyril Amarchand Mangaldas advised Dassault Aviation, S.A., headquartered in France, on its India expansion plans The leading law firm in India, Cyril Amarchand Mangaldas (CAM) advised Dassault Aviation, S.A., headquartered in France, on its India expansion plans. The mandate included: (i) The acquisition of a majority stake in Dassault Reliance Aerospace Limited (DRAL). Following this

Exemptions from Non-Agricultural Use Certificate and Non-Agricultural Tax for Solar and Wind Energy Power Generation Projects in Maharashtra INTRODUCTION The Government of Maharashtra issued a new circular on August 7, 2025 (“August Circular”), introducing important clarifications regarding exemptions from obtaining non-agricultural use certificates (sanad) and payment of non-agricultural tax for solar and wind power projects.

John Thomas joins Frost Brown Todd as Partner in Houston Office A U.S.-based national law firm, Frost Brown Todd (FBT) has announced that John Thomas has joined the firm’s Houston office as a Partner in its Private Equity & Venture Capital practice group, further strengthening the firm’s corporate and energy capabilities across Texas and nationwide.

White & Case advised EchoStar on spectrum license sale transactions with AT&T and SpaceX The Global Law Firm, White & Case advised EchoStar Corporation on two landmark transactions in the telecommunications sector. In August, the firm advised EchoStar on its agreement to sell its 3.45 GHz and 600 MHz spectrum licenses to AT&T for approximately

IP8, an infringement monitoring platform by the team behind PatSeer, is launching an agentic AI solution for continuous global infringement surveillance. To know more, please read on below:- IP8 Launches pioneering Agentic AI for Continuous Global Patent Infringement Surveillance (18 September 2025) New York – IP8, an enterprise-ready infringement monitoring platform built by the team

S&R Associates represented State Bank of India and seven private sector banks in Yes Bank stake sale to Sumitomo Mitsui Banking Corporation The leading Indian law firm, S&R Associates represented State Bank of India and seven listed private sector banks — HDFC Bank Limited, Kotak Mahindra Bank Limited, Axis Bank Limited, ICICI Bank Limited, IDFC

MCX shares rise 5 percent as SEBI mulls deeper participation The company has a total market capitalisation of Rs.40,634.23 crore The shares of Multi-Commodity Exchange (MCX) surged over 5 percent after the Securities and Exchange Board of India (SEBI) said it was mulling over a plan to allow banks and pension funds to trade commodities.

SEBI to engage with government to allow banks, pension funds to invest in non-agri markets The decision was announced at an event organized by the Multi-Commodity Exchange Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India (SEBI), has said that the regulator would ‘engage’ with the government to allow banks, insurance companies

Ashurst hires Clifford Chance partner Ouns Lemseffer to launch Africa presence The leading global law firm Ashurst has hired Clifford Chance partner Ouns Lemseffer to spearhead the launch of its first office in Africa, located in Casablanca, Morocco. Ouns Lemseffer has joined as Head of Morocco and will serve as the Managing Partner of the