The Swiss company Roche, maker of the oral SMA drug Risdiplam (marketed as Evrysdi), priced at more than INR Rs 6 lakh per bottle, had gone to the Supreme Court with a petition to challenge a Delhi High Court order in favour of the Indian company Natco, which has a generic version that costs about INR 16,000 per bottle.

AI restructuring: Accenture lays off 11,000 employees

IT giant Accenture has announced that it has removed 11,000 employees in the last three months, and more layoffs could be expected in the upcoming months as part of its AI restructuring. Between May and August this year, the company’s headcount fell from around 791,000 to 779,000, reported Tech.co. The current round of layoffs is […]

Amazon to pay USD 2.5 bn in US FTC settlement over Prime sign-up practices  

The US Federal Trade Commission (FTC) said on Thursday it has reached a “historic” settlement with Amazon.com Inc and two senior executives over allegations the company enrolled millions of consumers in Prime subscriptions without consent and made it difficult to cancel.

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