Khaitan & Co advised JSW Ispat Steel Ltd in relation to the transfer of the steel business of Bhushan Power and Steel Ltd by way of a slump sale for a cash consideration of INR 24,483 crores and investment of a total of INR 15,750 crores by JFE in two tranches; and (c) Joint venture between JSW Steel Limited and JFE in the business.
Khaitan & Co advised Hexaware Technologies Ltd, a listed Indian entity, and its affiliate, in relation to 100% acquisition of Target Entities (i.e., Cybersolve (I) India Pvt Ltd, Identity and Access Solutions LLC, IT Gliterz LLC, Identity and Access Solutions Canada, Inc.) from IAAS Holdings LLC, IT Gliterz Holdings LLC, Anushree Agarwal and Neha Agarwal for a total consideration of USD 66 million.
The Government of Karnataka, through a government order dated 20 November 2025 (Order), has issued the much-talked-about Menstrual Leave Policy, 2025 (Policy).
Recently, the Government of Karnataka notified the Karnataka Platform-Based Gig Workers (Social Security and Welfare) Rules, 2025, under the Karnataka Platform-Based Gig Workers (Social Security and Welfare) Act, 2025.
Khaitan & Co advised RPSG Ventures Ltd in strategic partnership with Falguni Shane Peacock (FSP), one of India’s most iconic luxury fashion houses.
Founded by Falguni Peacock and Shane Peacock, FSP has grown into a luxury couture house celebrated for its intricate craftsmanship, couture sensibility, and distinctive design language. Deeply rooted in India’s cultural heritage, the brand has consistently taken Indian couture to the world—dressing global icons, shaping red-carpet moments, and redefining modern luxury from an Indian lens.
Khaitan & Co advised Nectar Lifesciences Ltd (Nectar) in relation to sale of business of manufacturing, distribution, marketing and sale of active pharmaceutical ingredients and formulations of the Nectar to Ceph Lifesciences Pvt Ltd (“Purchaser”), as a slump sale on a going concern basis; and sale, transfer and delivery of the assets of Nectar in relation to its menthol business (“Assets”) to Purchaser.
The firm advised Nectar on all legal aspects of the transaction including the structuring and documentation for the transaction.
Earlier today, in one of the most awaited developments in the employment law landscape in the country, the Ministry of Labour and Employment, GOI, enforced the four labour codes on wages, social security, industrial relations, and occupational safety, respectively, slated to replace 29 Central labour laws in India.
