U.S. Proposes New 12.5% Tariffs on India: Immediate Considerations for Exporters
Earlier this year in March, the USTR initiated investigations pursuant to Section 301 of the Trade Act of 1974, targeting 60 (sixty) of its major trading partners
Earlier this year in March, the USTR initiated investigations pursuant to Section 301 of the Trade Act of 1974, targeting 60 (sixty) of its major trading partners
Khaitan & Co is representing Amneal Pharmaceuticals, LLC (Amneal) as India counsels, alongside Simpson Thacher & Bartlett LLP in relation to its announced agreement to acquire 100% of Kashiv Biosciences LLC ("Kashiv"), a vertically integrated biopharmaceutical company incorporated in the United States of America, with 2 (two) subsidiaries in India (namely, Kashiv Biosciences Pvt Ltd and Kashiv Research Pvt Ltd), in a transaction with consideration that includes USD 375 million of cash and USD 375 mill
Khaitan and Co, alongside Linklaters LLP, advised Landis+Gyr AG on the divestiture of its EMEA business in India to AURELIUS Group (AURELIUS), a global alternative investment firm.
Khaitan & Co advised Becton Dickinson and Company, one of the largest global medical technology companies, in relation to the spin-off of its biosciences and diagnostic solutions business for an ultimate sale to Waters Corporation. This was part of the global spin-off of Becton Dickinson and Company’s biosciences and diagnostic solutions business.
On 28 February 2026, the effective closure of the Strait of Hormuz following joint military operations in West Asia and the subsequent blockade by the Iranian Islamic Revolutionary Guard Corps has placed approximately 20% of global oil trade and nearly one-third of global Liquefied Natural Gas (LNG) supplies at risk.
Khaitan & Co advised Poggipolini S.p.A on its strategic acquisition of majority stake in Aero Fasteners Pvt Ltd. Through this partnership, the parties intend to strengthen local capabilities to design and manufacture advanced engineered products in India and cater to the Indian aerospace and defence ecosystem.
Khaitan & Co advised General Catalyst in connection with its ~USD 14 million investment as lead investor in a USD 20 million financing round in Constelli Signals Pvt Ltd (“Constelli”).
Khaitan & Co advised Stonepeak Partners LLC on the proposed acquisition of Castrol Group Holdings Ltd from BP plc. (Seller), in a transaction valuing the Castrol business at an enterprise value of ~USD 10 billion. The Seller will retain a 35% non-controlling interest as part of the transaction.
SC of the USA on 20 February 2026, ruled in the matter of Learning Resources, Inc. v Trump that the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA) does not authorize President Trump to impose the challenged tariffs including the reciprocal tariffs.