Promotion at Khaitan & Co

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Khaitan & Co promoted associate partner Ashraya Rao to partner in its Mumbai office. Rao works in the M&A and corporate and commercial practice group of the firm. He works on joint ventures, insolvency, private equity and venture capital and corporate, foreign investment & securities law advisory matters for the firm.

Some of the deals Rao has advised on in the past year are Vedanta’s acquisition of Electrosteel Steels, JSW Steel picking up a controlling stake in Dolvi Minerals and Metals, and IHH Healthcare Berhad’s proposed stake acquisition in Fortis Healthcare and Fortis Malar. Rao joined Khaitan in June 2010 when he joined the firm as an associate.