Six Indian law firms are engaged in an intense battle to secure the lead advisory role on the Indian government's divestment of its shares in consultancy firm Engineers India.

Amarchand & Mangaldas, Axon Partners, Crawford Bayley, Link Legal, Luthra & Luthra and S&R Associates will all put their case to the country's Department of Disinvestment later this week. 

The work promises to be lucrative for the firm that lands the mandate. The Indian government currently holds a 90.40% stake in the company and plans to cash-out 10% of this, which equates to roughly Rs1100 crore, or US$275m.

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