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No Indian company has publicly withdrawn from Russia and New Delhi has declined to condemn Moscow's invasion of Ukraine, despite pressure from the United States to do so / Representative image |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No Indian company has publicly withdrawn from Russia and New Delhi has declined to condemn Moscow's invasion of Ukraine, despite pressure from the United States to do so.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

FIIs Set For 2026 Comeback, Analysts Forecast Inflows Amid Strong GDP & Earnings Recovery

FIIs Set For 2026 Comeback, Analysts Forecast Inflows Amid Strong GDP & Earnings Recovery

NCLAT Upholds NCLT Order, Rejects Equitas Bank's Insolvency Plea Against Jumbo Finvest

NCLAT Upholds NCLT Order, Rejects Equitas Bank's Insolvency Plea Against Jumbo Finvest

PNB Exposes ₹2,434 Crore Loan Fraud By Former Srei Promoters, Flags Evergreening & Connected...

PNB Exposes ₹2,434 Crore Loan Fraud By Former Srei Promoters, Flags Evergreening & Connected...

Banking Sector Outlook Brightens: Capital Market Company Elara Forecasts Strong Q3 FY26 Loan Growth

Banking Sector Outlook Brightens: Capital Market Company Elara Forecasts Strong Q3 FY26 Loan Growth

SIP Inflows Surge Past ₹3 Lakh Crore First Time In 2025

SIP Inflows Surge Past ₹3 Lakh Crore First Time In 2025