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An Indian-owned pharmaceutical facility in Ukraine’s Sumy region has suffered a second major Russian drone attack, killing one employee and injuring several others. Kusum Healthcare said the latest strike caused extensive damage to its manufacturing operations and could result in losses exceeding $50 million.
The Indian Army has signed its first contract for the US-made FGM-148 Javelin anti-tank guided missile, nearly 17 years after it began pursuing the weapon, with the limited emergency purchase potentially paving the way for future production in India.
The Trump administration has proposed ending the 60-day grace period for H-1B and other temporary workers after employment ends, a move that could hit Indian professionals particularly hard.
The India-EU Free Trade Agreement could significantly reshape bilateral commerce once ratified, with India set to lower tariffs on most EU goods while Indian exporters gain wider access to the European market.
At least 16 people were killed and around 130 injured after a Russian drone strike hit a shopping centre in Ukraine’s Kryvyi Rih, according to Ukrainian authorities. President Volodymyr Zelenskyy condemned the attack as a deliberate strike, alleging that a second attack targeted people responding to the initial strike.
An Indian seafarer was killed after the Antigua and Barbuda-flagged bulk carrier MV Cape Dao came under attack off Oman's Musandam coast while sailing towards India. Omani authorities evacuated 27 crew members, while India's government confirmed the death of one Indian national and said its embassy was coordinating with local authorities.
Samsung India has reportedly begun a workforce reduction across its television and home appliance divisions, with around 80-100 executives asked to exit amid rising costs, weaker demand and an ongoing restructuring exercise.
India’s second-largest tractor manufacturer, TAFE, plans to invest up to ₹1,250 crore in a new north India manufacturing plant as the company expands capacity to meet rising domestic and export demand.
Indian professionals seeking US employment-based permanent residency could face waits stretching for decades, with some EB-2 applicants potentially looking at a staggering 179-year wait, according to a new analysis.
A Pakistan Navy vessel collided with an Indian warship during a surveillance mission in the North Arabian Sea on September 15, triggering a diplomatic protest from New Delhi. India described the Pakistani vessel’s manoeuvring as unsafe and unprofessional and summoned Pakistan’s Charge d’Affaires.
Volkswagen CEO Oliver Blume has warned that the German automaker is facing a “more than critical” situation as it battles weak demand, overcapacity and growing competition from Chinese manufacturers. The company is considering major cost-cutting measures and job reductions, while plant closures remain under discussion.
Uber is eliminating around 10% of its global workforce as CEO Dara Khosrowshahi pushes for a leaner organisation, fewer management layers and greater investment in mobility, delivery and autonomous transportation.
