News

Equistone-Backed Acuity Knowledge Partners Acquires Cians Analytics, Consolidating a Leading Position in the Global Financial Services Outsourcing Market
  • Business wire - 12-09-2022

Phoenix Legal advised Cians Analytics and its founders on acquisition of Cians Analytics by Equistone-Backed Acuity Knowledge Partners. Cians Analytics is a provider of high-quality, cost-effective research and analytical support for financial institutions. They support financial clients across the entire transaction spectrum from initial investment screening, business and financial due diligence, and market entry/market sizing to post-closing portfolio company/market update maintenance work. The acquisition represents the first bolt-on transaction made by Acuity since its buyout by Equistone, a leading European mid-market private equity investor, in 2019.

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https://www.linkedin.com/feed/update/urn:li:activity:6975778329836548096
  • Mint - 08-09-2022

Recently, Disney Star sub-licensed the television rights of the International Cricket Council’s men’s events to Zee Entertainment enterprises. Our Partner Ritika Ganju in conversation with LiveMint shared her thoughts on raising concerns by the Competition Commission of India around ZEE’s proposed merger with Sony.

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https://www.mondaq.com/india/corporate-governance/1217996/esg-what-project-developers-must-know?login=true&debug-domain=.mondaq.com
  • Business Line - 06-08-2022

Competition law amendment Bill targets offshore digital transactions of high valuation but not involving large assets or turnover

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Govt moves to arm competition panel with powers to scrutinise M&A deals of over ₹2,000 cr
  • Business Line - 06-08-2022

Competition law amendment Bill targets offshore digital transactions of high valuation but not involving large assets or turnover

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Can PMLA really be the go-to legislation to probe financial crimes?
  • Business Standard - 03-08-2022

He shared that, ‘the taxation statute and PMLA Act, have separate provisions regarding search and seizure procedures which are independent of each other. PMLA is a self-contained law which is distinct from taxation laws.’

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Kerala’s GST deviation will need legal backing; council dispute mechanism should kick in: experts
  • moneycontrol.com - 21-07-2022

Our Partner, Jatin Arora in conversation with moneycontrol shared his thoughts on the dispute settlement mechanism for the council members and the GST council. Recently state government of Kerala announced that it does not intend to levy GST on pre-packaged staple items sold in 1kg or 2 kg packets by entities like self-help group, or by small stores.

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