Dr Reddy's plans 'business continuity' in Russia: Report

Dr Reddy's plans 'business continuity' in Russia: Report

FPJ Web DeskUpdated: Wednesday, March 09, 2022, 02:20 PM IST
article-image
No Indian company has publicly withdrawn from Russia and New Delhi has declined to condemn Moscow's invasion of Ukraine, despite pressure from the United States to do so / Representative image |

Dr. Reddy's Laboratories Ltd said on Wednesday it was focused on employee safety and business continuity in and around Russia, despite many Western companies pulling out from Russia in recent days, according to a Reuters report.

No Indian company has publicly withdrawn from Russia and New Delhi has declined to condemn Moscow's invasion of Ukraine, despite pressure from the United States to do so. Western companies such as McDonald's, PepsiCo, Coca-Cola and Starbucks have stopped sales of their best-known products in Russia. "We have had a presence in the region for over three decades," a Dr. Reddy's spokesperson said in an email, the report said.

RECENT STORIES

Top Listed Realty Firms Log ₹92,500 Crore In H1 Sales, Prestige Group Maintains Strong Lead In...

Top Listed Realty Firms Log ₹92,500 Crore In H1 Sales, Prestige Group Maintains Strong Lead In...

Industrial Relations Code 2020 Aims To Simplify Labour Laws, Strengthen Worker Rights And Ensure...

Industrial Relations Code 2020 Aims To Simplify Labour Laws, Strengthen Worker Rights And Ensure...

November 30 Deadline Nears For Key Financial & Pension Tasks, Delay Could Trigger Compliance Hassles

November 30 Deadline Nears For Key Financial & Pension Tasks, Delay Could Trigger Compliance Hassles

Markets to Track Key Macroeconomic Data, Global Cues And FPI Trends Amid Derivatives Expiry

Markets to Track Key Macroeconomic Data, Global Cues And FPI Trends Amid Derivatives Expiry

New Wage Code Comes Into Force, Expands Coverage & Strengthens Worker Protection; Aims To Boost...

New Wage Code Comes Into Force, Expands Coverage & Strengthens Worker Protection; Aims To Boost...