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Home  Business

Business

Hyderabad-based Dr Reddy’s lays off employees above Rs 1 crore package

Hyderabad-based Dr Reddy’s lays off employees above Rs 1 crore package

  • Meta faces historic antitrust trial, may be forced to spin off Instagram, WhatsApp

    The lawsuit was filed against Meta — then Facebook — in 2020, during Trump’s first term. It claims the company bought Instagram and WhatsApp to squash competition and establish illegal monopoly in social media market
  • CEA launches new integrated generation, transmission, storage expansion planning model

    Central Electricity Authority (CEA) has launched new models with Demand Response which will help State power discoms to carry out a comprehensive resource adequacy plan
  • Centre will work to bring Mehul Choksi back soon: Minister Pankaj Chaudhary

    Absconding diamantaire Mehul Choksi was arrested in Belgium following an extradition request by Indian probe agencies for his involvement in the Rs 13,000-crore PNB bank loan ‘fraud’ case
  • Tata Power Renewable Energy Limited joins NTPC for 200 MW renewable energy project

    TPREL said it has signed a power purchase agreement with NTPC Limited, India's largest integrated power company, to develop a 200 MW renewable energy (RE) project
  • Government to allocate major chunk of funds to startup sectors like new age tech, AI

    In the Budget, the government announced a new FFS with a corpus of Rs 10,000 crore
  • Nidhi Kaistha becomes Head of Lamborghini India

    Nidhi Kaistha appointed as Head of Lamborghini India. In her new role, Kaistha will oversee sales, marketing and after-sales operations in India, the sixth-largest market in the Asia Pacific region
  • India seafood exporters are preparing to ship 40,000 tonnes of shrimp to US after tariff pause

    "There is a lot of relief now as we are at par with other exporters to the US. Now the shipments that were held back will be processed," Seafood Exporters Association of India Secretary General K N Raghavan said
  • Hyundai Mobis develops EV battery fire suppression technology in South Korea

    The battery technology uses heat-resistant materials and includes a fire suppression device integrated with the battery case. Hyundai Mobis said it has filed domestic and international patents for the technology
  • China’s exports jump 12.4 per cent and imports fell 4.3 per cent as Trump pushed US tariffs higher

    China's trade surplus with the United States was $27.6 billion in March as its exports rose 4.5 per cent
  • Editorial: Trump’s tariff retreat

    Trump’s leadership has always hinged on unpredictability and bravado, giving him an aura of a disruptor and a divider
  • Assam CM Himanta meets Jeet Adani, discusses implementation of Rs 50,000 crore investment proposals

    Adani Group Chairman Gautam Adani had announced that the conglomerate will invest Rs 50,000 crore across various sectors in the State, addressing the inaugural function of the Advantage Assam 2.0 business summit in February
  • India, Nepal talks on steps to curb gold, narcotics, fake currency notes smuggling

    The 21st Director General-Level Talks on Customs Cooperation was held between India and Nepal in Kathmandu on April 10-11, 2025
  • Piyush Goyal asks construction industry players to reduce import dependency, focus on green construction

    Speaking during the inauguration of the first edition of CAPEXIL Vibrant Buildcon 2025, in New Delhi, Goyal said sectors, including housing, infrastructure, commercial real estate, railways, airports, highways, and energy play a key role in boosting the country's economic growth
  • Gold prices hit record high amid global uncertainty

    This marks the metal's strongest weekly performance since the early days of the Covid-19 pandemic, as global investors react to growing economic uncertainty following a new wave of US tariffs introduced by President Donald Trump
  • India wants to lead global AI race: IT Secretary S Krishnan

    Calling AI the next big opportunity for India, the IT secretary compared its impact to the “Y2K moment” that transformed the country’s IT sector
  • Apple exports Rs 1.5 lakh crore worth of iPhones from India during 2024-25

    Apple India has recorded a 60 per cent jump in iPhone production from its Indian supply chain with a turnover close to Rs 1.89 lakh crore during the financial year ended March 31, 2025
  • Tariff war opens door for India to emerge as global toy export hub

    China, which previously accounted for nearly 77 per cent of US toy imports, is expected to see a significant drop in exports due to the high tariff, opening up space for alternate suppliers
  • US trade policy will undermine business confidence, adversely impact growth in Asian region: Moody’s

    US President Donald Trump has postponed by three months the imposition of reciprocal tariffs, with the exception of China, on whom a 125 per cent tariff has been slapped. However, a 10 per cent additional duty on exports to the US will continue
  • India’s coal import declines marginally in Apr-Feb period of FY’25

    Coking coal import was at 49.7 MT during April-February 2024-25, down from 51.9 MT during the same period of previous year
  • Rewind: Is the AI Apocalypse closer?

    With lack of meaningful regulations around large language models, chances are that this powerful technology might soon spin out of control and bring more harm than good
  • TCS delays salary hikes amid global uncertainty

    TCS typically revises the wages of its staff in April every year. The employee count at the end of fiscal 2025 stood at 6,07,979, as the company added 625 employees in the fourth quarter
  • Gold prices hit record high, breach Rs 96,000 level

    Silver also registered a steep rise of Rs 2,300 to Rs 95,500 per kg, largely in tandem with global trends
  • Ola’s Roadster X+ to hit road this month, check out details

    Company rolls out the first Roadster X+ e-bike from its Futurefactory in Krishnagiri, Tamil Nadu
  • Google lays off hundreds of employees from platforms and devices division

    The development comes at a time when several global companies, including Amazon, Intel and Goldman Sachs, are also cutting jobs amid the growing influence of AI and global economic uncertainty
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